Bell Federal Savings & Loan v. Wagner

SIXTH DIVISION FILED: 12-13-96 No. 1-95-0853 BELL FEDERAL SAVINGS AND ) Appeal from LOAN ASSOCIATION ) the Circuit Court ) of Cook County. Plaintiff-Appellant, ) ) v. ) ) RAYMOND T. WAGNER, JR., ) Director of the Illinois ) Department of Revenue and ) PATRICK QUINN, Treasurer of ) the State of Illinois, ) Honorable ) Joanne L. Lanigan Defendant-Appellee. ) Judge Presiding. JUSTICE ZWICK delivered the opinion of the court: This case comes to us on cross-motions for summary judgment. The sole issue presented is whether interest paid by the Federal Home Loan Bank of Chicago ("FHLB") to its…