Levy v. Barley
Appellate Court of Illinois
Appeal from the Circuit Court of Cook county; the Hon. Jesse A. Baldwin, Judge, presiding. Heard in this court at the March term, 1918. Certiorari denied by Supreme Court (making opinion final).
1Opinion of the Court
Mr. Presiding Justice Dever
delivered the opinion of the court.
3. Action, § 68* — when not prematurely brought on guaranty of payment of bonds and interest. Where the trust deed securing bonds provides that on the failure or refusal of the maker of the bonds to pay the bonds or any of them or any instalment of interest when due and payable and if the same shall remain unpaid for a period of thirty days, then all of the bonds shall become due and payable, an action may be brought on a guaranty given to secure the payment of the bonds on a default in the payment of interest, even though the time…
2Cited by3 opinions
- Burling v. Schroeder Hotel Co.Wisconsin Supreme Court · 1941
- Goodman v. FridsteinAppellate Court of Illinois · 1934
- Seebirt v. RitholzAppellate Court of Illinois · 1935