Powell v. Ong
Appellate Court of Illinois
Trespass on the Case, for a wrongful disposition of collateral security. Appeal from the Circuit Court of Peoria County; the Hon. Leslie D. Puterbaugh, Judge, presiding. Heard in this court at the April term, 1900.
1Opinion of the Court
Me. Presiding J ustioe Higbee
delivered the opinion of the court.
On January 12, 1899, appellee being indebted to appellant in the sum of $94.71, gave the latter his note for that amount, payable on or before July 30, 1899, with interest at the rate of seven per cent per annum. At the same time he delivered to appellant as collateral security for the payment of said note, another note executed by Fred A. Con-nor for the sum of $650, dated July 30, 1898, due one year after date with interest at the rate of seven per cent per annum, with a power of attorney to confess judgment at any time in any…
2Cases cited2 opinions
- Levy v. Chicago National BankIllinois Supreme Court · 1895
- Union National Bank v. PostAppellate Court of Illinois · 1896
3Cited by3 opinions
- Miller v. HortonSupreme Court of Oklahoma · 1917
- Eckert v. SearcyMississippi Supreme Court · 1917
- Kaufmann v. ParmeleNebraska Supreme Court · 1916