COLORADO MAN. CORP. v. AMERICAN FOUNDERS LIFE INS. CO.

No. 19476.

367 P.2d 335 (1961)

COLORADO MANAGEMENT CORPORATION, Thomas K. Hudson and Forrest C. Roan, Plaintiffs in Error, v. AMERICAN FOUNDERS LIFE INSURANCE COMPANY OF DENVER, Colorado, Defendant in Error.

Supreme Court of Colorado. En Banc.

December 4, 1961.


Attorney(s) appearing for the Case

Clarence W. Button, Alice Loveland, Denver, for plaintiffs in error.

Yegge, Hall & Shulenburg, Denver, for defendant in error.


HALL, Chief Justice.

The parties appear here in the same order as in the trial court. We refer to them as plaintiffs and defendant.

Plaintiffs in their complaint set forth seven claims for relief. They allege: (1) that on February 27, 1956, the defendant issued or granted seven options to seven different optionees to purchase, on or before March 15, 1958, varying amounts of the defendant's stock, the total shares optioned being 234,000 shares, the option price...

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