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BARRETT, JR. v. GUARANTY BANK & TRUST CO.

Gen. No. 53,163.

123 Ill. App.2d 326 (1970)

260 N.E.2d 94

Lonnie Barrett, Jr., Plaintiff-Appellant, v. Guaranty Bank & Trust Company, Defendant-Appellee.

Appellate Court of Illinois — First District.

April 17, 1970.

Attorney(s) appearing for the Case

Helmut Eifert, of Chicago, for appellant.

Goldberg, Weigle, Mallin, Gitles & Parson, of Chicago (John Hudson and Terence J. Anderson, of counsel), for appellee.

STOUDER, J.

Plaintiff-Appellant, Lonnie Barrett, Jr., commenced this action in the Circuit Court of Cook County, against Guaranty Bank & Trust Company, Defendant-Appellee, seeking to recover for the alleged violation of chapter 74, section 6, Ill Rev Stats 1967 (Interest Act). The court dismissed plaintiff's complaint for failure to state a cause of action and it is from this judgment that this appeal follows.

The facts are undisputed. On May 6, 1960,...

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