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FIRST NAT. BANK v. GILBERT MARSHALL

No. 88CA0930.

780 P.2d 73 (1989)

FIRST NATIONAL BANK OF WINDSOR, Plaintiff-Appellee, v. GILBERT MARSHALL & COMPANY, Defendant-Appellant.

Colorado Court of Appeals, Div. V.

August 31, 1989.

Attorney(s) appearing for the Case

Daniel W. Dean, Ft. Collins, for plaintiff-appellee.

Wood, Herzog, Osborn & Bloom, P.C., J.J. Vick, Ft. Collins, for defendant-appellant.

METZGER, Judge.

In this action concerning the disbursement of proceeds from the sale of securities, defendant, Gilbert Marshall & Company (broker), appeals the money judgment entered in favor of plaintiff, First National Bank of Windsor (bank). We affirm.

Robert Warren was indebted to the bank for sums in excess of $240,000, represented by several promissory notes. Collateral for these notes consisted of shares of stock in Warren's name, which were held...

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