Legal Opinion

Grooms v. Rice

Supreme Court of Colorado

Decided July 3, 1967No. 21551PublishedCited by 11 opinions

1Opinion of the Court

Opinion by

Mr. Chief Justice Moore.

Plaintiff in error will be referred to as Grooms or the plaintiff, and defendants in error will be mentioned by-name or as the defendants as the occasion may require.

L. Wilson Rice executed a promissory note on May 24, 1960, payable to the order of T. H. Ruth and F. A. Wilder, in two installments of $5,000 each. On July 5, 1960, before any payment was due on the above mentioned note, Grooms loaned the sum of $25,000 to Investment Bankers, Inc. which loan was evidenced by a written contract between him and the corporation. Repayment of the amount of the loan…

2Cited by11 opinions

  1. Cooley v. Big Horn Harvestore Systems, Inc.Supreme Court of Colorado · 1991
  2. O'Connor v. Proprietors Insurance Co.Supreme Court of Colorado · 1985
  3. Resolution Trust Corp. v. Avon Center Holdings, Inc.Colorado Court of Appeals · 1992
  4. P & M Vending Co., Inc. v. HALF SHELL, ETC.Colorado Court of Appeals · 1978
  5. Oldis v. Grosse-RhodeColorado Court of Appeals · 1974

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