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HOWBERT v. NORRIS

No. 952.

72 F.2d 753 (1934)

HOWBERT v. NORRIS.

Circuit Court of Appeals, Tenth Circuit.

September 20, 1934.

Attorney(s) appearing for the Case

Walter L. Barlow, of Washington, D. C. (Thomas J. Morrissey, U. S. Atty., and Ivor O. Wingren, Asst. U. S. Atty., both of Denver, Colo., on the brief), for appellant.

James D. Benedict, of Denver, Colo. (Horace Phelps and Horace F. Phelps, both of Denver, Colo., on the brief), for appellee.

Before LEWIS and BRATTON, Circuit Judges, and KENNEDY, District Judge.

BRATTON, Circuit Judge.

In August, 1918, Charles M. Norris sold certain shares of capital stock in the Scully-Norris Company, a Colorado corporation. The purchaser paid $600 in cash and executed three promissory notes evidencing the balance of the purchase price. The first was for $5,000 and matured six months after date; the other two were for $7,236.02 each and fell due twelve and eighteen months after date, respectively. Each note was paid when due, that is the...

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