Chicago Trust & Savings Bank v. Black
Appellate Court of Illinois
Assumpsit, on a guaranty. Appeal from the Superior Court of Cook County; the Hon. William G. Ewing, Judge, presiding. Heard in this court at the October term, 1897. Affirmed. Opinion filed November 2, 1897.
1Opinion of the CourtJustice Windes
About November 16, 1886, one Sceets went to appellant for a loan of money by a discount of his note, first asking for $1,500 and later for $2,000. He first offered to deposit as collateral security for the loan, 1,200 shares of stock of the par value of $12,000 of the Knights of Labor Publishing Co., but appellant declined to make the loan, and required other security. He then told Tolman, the president of appellant, that he thought he could get some friends to go on the note with him, and gave the names to Tolman, who, after looking them up, told Sceets they would be satisfactory. Fie told…
2Cases cited5 opinions
- Coari v. OlsenIllinois Supreme Court · 1878
- Dodgson v. HendersonIllinois Supreme Court · 1885
- Snell v. CottinghamIllinois Supreme Court · 1874
- Armstrong & Co. v. BarrettAppellate Court of Illinois · 1892
- Kouhn v. SchrothAppellate Court of Illinois · 1892