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GANDY v. PARK NAT. BANK

No. 79SC130.

615 P.2d 20 (1980)

Robert A. GANDY, Petitioner, v. PARK NATIONAL BANK, a National Banking Institution, Respondent.

Supreme Court of Colorado, En Banc.

August 5, 1980.

Attorney(s) appearing for the Case

Ware & Marroney, David E. Ware, Pueblo, for petitioner.

William F. Mattoon, Pueblo, for respondent.

LEE, Justice.

We granted certiorari to review the decision of the court of appeals in Park National Bank v. Gandy, 42 Colo.App. 203, 595 P.2d 704 (1979). We now reverse.

The facts are not in dispute. On February 28, 1975, the U.S. National Mortgage Company borrowed $25,000 from respondent, Park National Bank (bank), giving two promissory notes, one for $15,000 due in ninety days, and one for $10,000 due in sixty days...

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