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THORNBURG v. HOMESTEAD MINERALS CORPORATION

No. 72-102.

513 P.2d 219 (1973)

Judith S. THORNBURG, a/k/a Judith White Thornburg, a/k/a Judith S. White, Plaintiff-Appellant, v. HOMESTEAD MINERALS CORPORATION et al., Defendants-Appellees.

Colorado Court of Appeals, Div. I.

Rehearing Denied June 19, 1973.

Certiorari Granted August 27, 1973.

Attorney(s) appearing for the Case

Madden & Strate, P. C., William J. Madden, Paul A. Markson, Jr., Denver, for plaintiff-appellant.

Weller, Friedrich, Hickisch & Hazlitt, Arthur H. Downey, Denver, for defendants-appellees Don B. Allen, and Ray, Quinney and Nebeker.

Berge, Martin & Clark, Bruce D. Pringle, Denver, for defendant-appellee Homestead Minerals Corp.

Selected for Official Publication.

PIERCE, Judge.

In February of 1969, plaintiff purchased a large block of shares of common stock of Homestead Minerals Corporation. The stock certificates bore the legend, "Investment stock not subject to transfer until the 29th day of March, 1969." Plaintiff allegedly believed from this legend and the representations of the corporation's attorney, at the time of issuance that the stock would become freely tradeable as of...

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