First National Bank v. State

OPINION

Montana, C.J.

Facts

The facts in this cause appear as follows:

On August 17, 1970, Respondent entered into a general contract with Tal Rauhoff, Inc. (Rauhoff) for construction on the State Capitol Building in Springfield, Illinois (Exhibit A). On September 10, 1970, Rauhoff entered into a subcontract agreement with the Rhodes & Rodier Co., Claimant, for lathing and plastering work (Exhibit C). As work progressed, Rauhoff submitted periodic applications for payment to Respondent. Twenty-five applications were submitted between January 15, 1971, and December 18, 1973. These are Exhibits El…