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THEODORE ROOSEVELT AG. v. GENERAL MOTORS ACC. CORP.

No. 20884.

398 P.2d 965 (1965)

THEODORE ROOSEVELT AGENCY, INC., a Colorado corporation, assignee, Plaintiff in Error, v. GENERAL MOTORS ACCEPTANCE CORPORATION, a foreign corporation, Defendant in Error.

Supreme Court of Colorado. En Banc.

Rehearing Denied February 23, 1965.

Attorney(s) appearing for the Case

Thomas L. Ford, Kenneth N. Kripke, Denver, for plaintiff in error.

Robert D. Charlton, Denver, for defendant in error.

SUTTON, Justice.

In Colo.Sess.Laws 1913, ch. 108, appears "AN ACT To Regulate The Business Of Loaning Money On Security Of Any Kind * * *." The pertinent part of this statute reads:

"Section 1. That hereafter it shall be unlawful, without first procuring the license hereinafter provided for, to engage in the business of making loans of money or of personal credit, on any security of any kind, direct or collateral, tangible or intangible, upon which there...

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