RENAULT, INC. v. MARBLE

No. 7113.

317 F.2d 265 (1963)

RENAULT, INC., a corporation, Appellant, v. Preston M. MARBLE, Marie K. Marble, Thomas Edward Murray, Marlene A. Murray, Joseph C. Murray, William H. Taylor and Betty L. Taylor, Appellees.

United States Court of Appeals Tenth Circuit.

Rehearing Denied June 13, 1963.


Attorney(s) appearing for the Case

Joseph G. Hodges, Denver, Colo., of Hodges, Silverstein, Hodges & Harrington, (Thomas J. Kerwin, Denver, Colo., with him on the brief), for appellant.

Alex Stephen Keller, Denver, Colo., for appellees.

Before PICKETT and SETH, Circuit Judges, and CHRISTENSON, District Judge.


PICKETT, Circuit Judge.

This action arose out of the sale of all of the capital stock of Motor Imports Corporation, a Colorado corporation, by the appellee-defendants (Marble Group) to the appellant-plaintiff, Renault, Inc. (Renault). Renault, in its complaint, alleges that the Marble Group agreed in writing to indemnify it against any loss or expense which might be incurred if a balance sheet of May 31, 1959 did not accurately reflect the financial condition of Motor...

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