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FORT COLLINS PROD. CREDIT ASS'N v. CARROLL DAIRY

No. 75-470.

553 P.2d 95 (1976)

FORT COLLINS PRODUCTION CREDIT ASSOCIATION, Plaintiff-Appellee and Cross-Appellant, v. CARROLL DAIRY et al., Defendants-Appellants and Cross-Appellees, and L. Wayne Wells, as Public Trustee of Weld County, Colorado, et al., Defendants.

Colorado Court of Appeals, Div. II.

As Modified on Denial of Rehearing May 27, 1976.

Attorney(s) appearing for the Case

Hill & Hill, Alden V. Hill, Fort Collins, for plaintiff-appellee and cross-appellant.

Joseph R. Marranzino, Stephen E. Tinkler, Leo Gemma, Jr., Denver, for defendants-appellants and cross-appellees.

Selected for Official Publication.

STERNBERG, Judge.

Plaintiff, Fort Collins Production Credit Association, financed the operations of the defendants Carroll, d/b/a Carroll Dairy. Upon default, the Association sued on their notes and other security instruments. The court found that the Carrolls were in default, and, after crediting the sums received from sale of the assets and debiting for certain valid expenditures made by the Association, it found that the...

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