Legal Opinion

De Kalb Bank v. Klotz

Appellate Court of Illinois

Decided December 31, 1986No. 2-85-0860PublishedCited by 5 opinions

1Opinion of the CourtJustice Lindberg

Plaintiff, The De Kalb Bank (De Kalb), brought an action in replevin in the circuit court of Kane County against defendants, Dwight Klotz (Klotz) and Hinckley Grain Company, to recover possession of farm equipment, cattle, and grain owned by Klotz. Counter-plaintiff, Sandwich State Bank (Sandwich), intervened asserting a first-in-time priority lien to that of counterdefendants De Kalb and Klotz. The trial court, after a bench trial, awarded the cattle to Sandwich based upon its finding that Sandwich had a first-in-time priority lien to the later-in-time lien of De Kalb. De Kalb appeals…

2Cases cited4 opinions

  1. North Platte State Bank v. Production Credit Ass'nNebraska Supreme Court · 1972
  2. First National Bank of Vandalia v. Trail Ridge Farm, Inc.Appellate Court of Illinois · 1986
  3. Hackler v. Cardinal Newman CollegeAppellate Court of Illinois · 1979
  4. Moore v. Insurance Co. of North AmericaAppellate Court of Illinois · 1964

3Cited by5 opinions

  1. ITT Commercial Finance Corp. v. Union Bank & Trust Co.Indiana Court of Appeals · 1988
  2. First National Bank in Munday v. Lubbock Feeders, L.P., Texas Court of Appeals, 11th District (Eastland)2006
  3. Signal Capital Corp. v. Lake Shore National BankAppellate Court of Illinois · 1995
  4. De Kalb Bank v. PurdyAppellate Court of Illinois · 1990
  5. First National Bank in Munday v. Lubbock Feeders, L.P., Texas Court of Appeals, 11th District (Eastland)2006

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