Loomis v. Stave
Illinois Supreme Court
Appeal from the Superior Court of Cook county; the Hon. Joseph E. Gary, Judge, presiding. This was an action of trover, brought by Lewis Stave against Edgar Loomis and Martin P. Eollett. The opinion of the court states the material facts of the case.
1Opinion of the CourtJustice Breese
This was trover, in the Superior Court of Cook county, tried by a jury, for certain township bonds, which resulted in a verdict and judgment for the plaintiff.
These bonds were deposited by the plaintiff with defendants, as collateral to notes executed by him to the defendants, given on two different occasions, for the loan of money. Making the - notes, and default in their payment, was not denied by the plaintiff, but the complaint is, that defendants had agreed to extend the time of payment, and afterwards, they, in violation of the agreement, sold the collaterals, greatly to the loss and…
2Cited by6 opinions
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