MOORE, Justice.
We will refer to plaintiff in error, a Colorado corporation, as United Oil, and to defendant in error by name.
October 29, 1947, one Coles, who was president of United Oil, contacted Millie Quinn and after some negotiation she agreed to invest $1,250 in a planned oil drilling operation to be conducted by the Rangely Drilling Company a proposed corporation thereafter to be organized. The sum agreed to be invested, which was paid by Quinn, purchased...
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