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BOWERS v. RIO GRANDE INVESTMENT COMPANY

No. 21552.

431 P.2d 478 (1967)

Robert D. BOWERS, Plaintiff in Error, v. RIO GRANDE INVESTMENT COMPANY, a Corporation, Defendant in Error.

Supreme Court of Colorado, In Department.

August 28, 1967.

Attorney(s) appearing for the Case

Mack, Johnson & Doty, David C. Wells, Boulder, for plaintiff in error.

Murray, Baker & Wendelken, Gerald W. Bennett, Colorado Springs, for defendant in error.

KELLEY, Justice.

I.

RE: RIO GRANDE'S CLAIM

This litigation was instituted by Rio Grande Investment Company, a Colorado corporation, to recover the par value of 18,000 shares of capital stock issued to or for the benefit of Bowers, for less than the par value. The trial court awarded judgment to Rio Grande for the sum of $4000 and against Bowers on his counterclaim of $200. Bowers, to reverse the trial...

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