· 12/16/1958
Martindell v. Lake Shore National Bank
Citations
- 154 N.E.2d 683
- 15 Ill. 2d 272
- 1958 Ill. LEXIS 408
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- recognizing that a contract must be “construed as a whole, giving meaning and effect to every provision thereof . . . since it will be presumed that everything in the contract was inserted deliberately and for a purpose”
- stating that “[t]he intent of the parties is not to be gathered from detached portions of a contract or from any clause or provision standing by itself’
- reading in a good faith requirement where defendant acted in bad faith under the terms of the contract to avoid the plaintiffs option rights
- reading in a good faith requirement where defendant acted in bad faith under the terms of the contract to avoid the plaintiff’s option rights
- meaning and effect must be given to all terms of a contract so no part is rendered meaningless or sur-plusage
- finding ambiguous the phrase “ ‘[debentures paid and discharged by the new corporation shall not thereafter be available for purchase by the Buyer under [the] option’ ” (emphasis added
Source: CourtListener parenthetical corpus (CC0).
Judges: Bristow
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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