Legal Opinion

Avco Finance Co. v. Erickson

Appellate Court of Illinois

Decided May 24, 1971No. 70-150PublishedCited by 9 opinions

1Opinion of the CourtJustice Abrahamson

The plaintiff, Avco Finance Company, has appealed from an order of the Circuit Court of DeKalb County that dismissed its small claim complaint for the alleged conversion of a boat and motor. Although the record in the case is quite slender, it is possible to reconstruct the essential facts.

On January 15, 1969, Dennis and Sharon Erickson obtained a loan from Avco Finance Company and signed a promissory note in the amount of $1573.56. As security for the payment of the note, the Erick-sons also executed and delivered to Avco a form security agreement whereby they listed various items of…

2Cases cited2 opinions

  1. Watts v. EllithorpeCourt of Appeals for the First Circuit · 1943
  2. In Re MunsieCourt of Appeals for the Second Circuit · 1929

3Cited by9 opinions

  1. Alegent Health v. American Family InsuranceNebraska Supreme Court · 2003
  2. Beneficial Consumer Discount Co. v. HamlinSuperior Court of Pennsylvania · 1979
  3. First National Bank in Toledo v. AdkinsAppellate Court of Illinois · 1995
  4. Rochelle State Bank v. GavicAppellate Court of Illinois · 1979
  5. Morris v. WolfeMichigan Court of Appeals · 1973

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