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FEDERAL DEPOSIT INSURANCE CORP. v. PIERCE DODGE, INC.

No. 72-079.

504 P.2d 380 (1972)

FEDERAL DEPOSIT INSURANCE CORPORATION, a corporation, Plaintiff-Appellant, v. PIERCE DODGE, INC., a Colorado corporation, Defendant-Appellee.

Colorado Court of Appeals, Div. I.

December 12, 1972.

Attorney(s) appearing for the Case

White & Steele, Lowell White, Denver, for plaintiff-appellant.

Simon, Eason, Hoyt & Malone, P. C., William K. Malone, Englewood, for defendant-appellee.

Not Selected for Official Publication.

DWYER, Judge.

Federal Deposit Insurance Corporation (plaintiff-appellant) will be referred to as F.D.I.C.; Pierce Dodge, Inc., (defendant-appellee) will be referred to as Dealer; and the Rocky Mountain Bank (not a party to this action) will be referred to as the Bank.

On November 8, 1968, the Bank and the Dealer entered into an agreement providing the terms on which the Bank would buy installment notes which the...

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