Illinois Supreme Court June 1, 1979, 50492 (Pastor v. National Republic Bank of Chicago)

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United States · · · 01-06-1979

MR. JUSTICE RYAN

delivered the opinion of the court:

Plaintiff, Louis Pastor, procured the issuance of an irrevocable letter of credit by defendant, National Republic Bank of Chicago, in favor of Summit Insurance Company of New York (Summit). Pastor is affiliated with Associated Surety Agents, Inc.

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