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· 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 CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.