A rather full recitation of the pertinent undisputed facts is necessary for an understanding of this writ of error.
The record discloses that Bemel Associates, Inc. of Rochester, Minnesota, through its agent Donald Bemel, a Denver resident, contacted Fred Champlain in Denver, Colorado, in February 1961 seeking a $700,000 loan to finance a proposed motel and filling station development in Rochester. Champlain...
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