Maimon v. Telman

The Appellate Court, First District, affirmed a declaratory judgment of the circuit court of Cook County entered for defendants. (88 Ill. App. 2d 387.) We granted leave to appeal.

Plaintiff, Arthur C. Maimón, a physician and surgeon in Rockford, was a brother-in-law of the defendant, Edward M. Telman, of Skokie, who was married to Maimon’s sister. Various loans had been made by Maimón to Telman since 1956. Early in 1959 Telman planned with others to organize a motor vehicle leasing corporation. He approached Maimón asking him if he wished to participate to the extent of one half of the shares…