KELLEY v. SONNY BOY APPALOOSAS, LTD.

No. 71-242, (Supreme Court No. 24444.)

491 P.2d 67 (1971)

Lynn R. KELLEY, aka L. R. Kelley and Helen M. Kelley, Plaintiffs in Error, v. SONNY BOY APPALOOSAS, LTD., a Colorado Corporation, et al., Defendants in Error.

Colorado Court of Appeals, Div. II.

As Modified on Denial of Rehearing November 16, 1971.


Attorney(s) appearing for the Case

Evans, Peterson & Torbet, Paul V. Evans, Colorado Springs, for plaintiffs in error.

William A. Black, Denver, for defendants in error.


Not Selected for Official Publication.

COYTE, Judge.

This case was transferred from the Supreme Court pursuant to statute.

The parties appear in the reverse order from their appearance at trial but shall be referred to as they appeared below, or by name.

The Kelleys (defendants) bred and sold appaloosa horses. In October of 1962, they borrowed $40,000 from Colfax National Bank. As security for the loan, they executed a deed of trust on certain...

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