Chicago Bank of Commerce v. Kraft

Mr. Presiding Justice MoSurely

delivered the opinion of the court.

January 2, 1930, defendant made his promissory note to the order of the Old Dearborn State Bank for $11,428, due January 2, 1932. It contained a power of attorney to confess judgment, which was exercised February 4, 1932, when judgment by confession was entered against defendant for $12,413.23. Motion was made to vacate and set aside the judgment, supported by an amended affidavit; the court denied this motion and defendant appeals from this • order. Defendant asserts here that his amended affidavit shows that there was no…