Hendrickson v. Alpert

We will refer to the parties by name.

Hendrickson instituted an action in the district court of Las Animas County to enjoin the public trustee from selling the former’s property under foreclosure proceedings instituted by Alpert. The latter had purchased a $30,000 promissory note which Hendrickson had made to Waco Oil Corporation through its president and alter ego, one Griffith. Security for the note was a $60,000 parcel of improved property owned by Hendrickson and located in Trinidad.

The factual situation surrounding the making of the note and trust deed and delivery to Waco Oil through…