Legal Opinion
Barrett v. Shanks
Illinois Supreme Court
Decided March 16, 1943No. 26767. Judgment affirmedPublishedCited by 30 opinions
1Opinion of the CourtJustice Murphy
A petition for leave to appeal from the Appellate Court was allowed in this case in order that a judgment of the superior court of Cook county which was reversed by the Appellate Court might be further reviewed.
On April 11, 1927, the Midwest Athletic Club borrowed $75,000 from the Madison & Kedzie State Bank due in ninety days. On the same day, Mark Shanks and twenty-four others signed and delivered to the bank their contract of guaranty as collateral to the indebtedness owed by the club. The obligation of each guarantor was several and limited to $5000. The club owned accounts receivable of…
2Cases cited8 opinions
- Welton v. HamiltonIllinois Supreme Court · 1931
- Alexander Lumber Co. v. Ætna Accident & Liability Co.Illinois Supreme Court · 1921
- Blatchford v. NewberryIllinois Supreme Court · 1881
- Abbott v. BrownSupreme Court of the United States · 1916
- Leathe v. ThomasIllinois Supreme Court · 1908
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3Cited by30 opinions
- Broberg v. MannAppellate Court of Illinois · 1965
- Zokoych v. SpaldingAppellate Court of Illinois · 1976
- Harry Alter Company, an Illinois Corporation v. Chrysler Corporation, a Delaware CorporationCourt of Appeals for the Seventh Circuit · 1961
- Brzozowski v. Northern Trust Co.Appellate Court of Illinois · 1993
- Du Quoin State Bank v. DaulbyAppellate Court of Illinois · 1983
25 more not listed; retrieve them via the Exa API.