Appliance Buyers Credit Corporation v. Prospect National Bank of Peoria, and Third Party and Federal Reserve Bank of Chicago, Third Party

708 F.2d 290

36 UCC Rep.Serv. 231

APPLIANCE BUYERS CREDIT CORPORATION, Plaintiff-Appellant,

v.

PROSPECT NATIONAL BANK OF PEORIA, Defendant and Third Party

Plaintiff-Appellee,

and

Federal Reserve Bank of Chicago, Third Party Defendant-Appellee.

No. 82-1808.

United States Court of Appeals,

Seventh Circuit.

Argued Dec. 1, 1982.

Decided May 24, 1983.

Robert D. Jackson, Westervelt, Johnson, Nicoll & Keller, Peoria, Ill., for plaintiff-appellant.

Charles G. Roth, Kavanagh, Scully, Sudow, White & Frederick, Peoria, Ill., for defendant and third party plaintiff-appellee.

Before CUDAHY, COFFEY, and TIMBERS,* Circuit…