Searching over 5,500,000 cases.


searching
Buy This Entire Record For $7.95

Download the entire decision to receive the complete text, official citation,
docket number, dissents and concurrences, and footnotes for this case.

Learn more about what you receive with purchase of this case.

03/23/88 Columbia Savings & Loan v. Columbia Savings & Loan

March 23, 1988

APPELLATE COURT OF ILLINOIS, FIRST DISTRICT, THIRD DIVISION VENISE J. MIJATOVICH ET AL., PLAINTIFFS-APPELLANTS

v.

COLUMBIA SAVINGS & LOAN ASSOCIATION AND LAND OF LINCOLN SAVINGS & LOAN ASSOCIATION, INDIV. AND D/B/A COLUMBIA



Savings & Loan Association and the Land of

Lincoln Federal Savings & Loan

Association, Defendant-Appellee

522 N.E.2d 728, 168 Ill. App. 3d 313, 119 Ill. Dec. 66 1988.IL.403

Appeal from the Circuit Court of Cook County; the Hon. Warren Wolfson, Judge, presiding.

APPELLATE Judges:

JUSTICE McNAMARA delivered the opinion of the court. RIZZI and FREEMAN, JJ., concur.

DECISION OF THE COURT DELIVERED BY THE HONORABLE JUDGE MCNAMARA

Plaintiffs Venise and Zoran Mijatovich filed suit against defendant, individually and doing business as the Columbia Savings and Loan Association and the Lincoln Federal Savings and Loan Association (all one entity), for the allegedly wrongful removal of $500 from plaintiffs' bank account. The trial court struck count II, which sought punitive damages, of the third amended complaint pursuant to section 2-615 of the Code of Civil Procedure (Ill. Rev. Stat. 1985, ch. 110, par. 2-615). Plaintiffs appeal from that order. After a trial without a jury, the trial court entered judgment for plaintiffs on count I and awarded $500 as compensatory damages, plus $253 interest.

The third amended complaint alleges that on April 15, 1978, plaintiffs opened a savings account with defendant and defendant therefore owed plaintiffs a fiduciary duty. On February 6, 1979, plaintiffs' account contained $1,355.90. On that day, defendant breached its fiduciary duty by "wrongfully taking, converting and disposing of [$500 from plaintiffs' account] to its own use without any justifiable cause." On February 9, 1979, plaintiffs demanded the return of the money, but defendant refused.

Count II alleges that defendant "wantonly, oppressively and with a reckless disregard for the rights of the plaintiffs, wrongfully took monies"; that defendant "maliciously took the money" without any cause "with the willful and wanton" disregard of its fiduciary duty; that defendant "acted with a wanton, willful and reckless disregard of" plaintiffs' rights when it "oppressively and maliciously took the money" and refused to return it; that defendant "acted oppressively, maliciously, willfully and wantonly with a reckless disregard for the rights" of plaintiffs; and that defendant was conscious of its "wrong-doing . . . [and] maliciously took the money belonging to plaintiffs." Count II alleges further that as a matter of public policy defendant "should be punished for such wrongful act and breach of its fiduciary duties in that such action of defendant is contrary to the public policy of the State of Illinois and such punishment will act as a deterrent in the future." Plaintiffs sought $500 as compensatory damages, and $200,500 as exemplary damages.

At trial on count I, the only witness was plaintiff Venise Mijatovich. According to a bystander's report, Venise testified that on December 2, 1978, she and her husband cashed his $350.85 paycheck in defendant's drive-through facility. On February 9, 1979, plaintiffs received a "temporary receipt" form from defendant, indicating that $500 was being taken from their account. "On temporary receipt your account has been charged the above amount for returned check. The reason is the check amount is $350.85 and you were given $850.85." Later that day plaintiffs met with defendant's representatives, who told plaintiffs that they had been given an extra $500 when they cashed the paycheck. Defendant offered no evidence.

On May 27, 1987, the trial court entered judgment in favor of plaintiffs on count I, for $500 plus $253 in past-due interest.

On June 25, 1987, plaintiffs filed a post-trial motion to modify the May 27, 1987, order by increasing the judgment with $200,000 in punitive damages on count I. Plaintiffs asserted that the dismissal of count II did not preclude an award of punitive damages on count I.

On July 17, 1987, the post-trial motion was "denied, a punitive damages count not being before this court." Plaintiffs appeal from the trial court order dated March 27, 1987, striking and dismissing count II, and the order denying a motion to reconsider that order, and the July 17, 1987, ...


Buy This Entire Record For $7.95

Download the entire decision to receive the complete text, official citation,
docket number, dissents and concurrences, and footnotes for this case.

Learn more about what you receive with purchase of this case.