Legal Opinion
Illinois Service Federal Savings & Loan Ass'n v. Academy of St. James College Preparatory
Appellate Court of Illinois
Decided March 16, 1992No. 1—90—3029PublishedCited by 3 opinions
1Opinion of the CourtJustice O’Connor
This appeal arises out of a property transaction which took place in May 1973. At that time, the Academy of St. James College Preparatory (Academy) purchased a building located at 7128 South Oglesby, Chicago, Illinois. On May 1, 1973, plaintiff, Illinois Service Federal Savings and Loan Association of Chicago (Illinois Service), extended a loan to the Academy in the amount of $27,200 and received a note and mortgage in its favor from the Academy. Illinois Service filed its mortgage on June 4, 1973, and the Academy began payments thereafter.
In 1974 or 1975, the Academy contracted with Eberson…
2Cases cited5 opinions
- Addison v. WhittenbergIllinois Supreme Court · 1988
- In Re Estate of WhittingtonIllinois Supreme Court · 1985
- City of Chicago v. Central National BankAppellate Court of Illinois · 1985
- Aetna Life Insurance v. H.W. Stout & Associates, Inc.Appellate Court of Illinois · 1983
- Trustees of Central States, Southeast & Southwest Areas Pension Fund v. La Salle BankAppellate Court of Illinois · 1989
3Cited by3 opinions
- Gershak v. FeignAppellate Court of Illinois · 2000
- Gershak v. FeignAppellate Court of Illinois · 2000
- Gershak v. Feign Modification of Sep. 26, 2000, opinionAppellate Court of Illinois · 2000