Moore v. Georgeson
Colorado Court of Appeals
1Opinion of the Court
TURSI, Judge.
Arlie 0. Moore (Moore) appeals from the trial court’s disposition of his claims for relief in favor of the Pikes Peak National Bank and Earl J. Georgeson, one of its directors (Bank). We affirm.
In a transaction spanning December 1973 through March 1974, Moore, by a purchasing agreement, acquired 60% of the Bank’s stock. In addition, Moore, in his individual capacity, entered into an agreement to purchase the bank premises. As a result of the latter transaction, Moore became the owner-lessor of the bank premises.
On closing day of the stock purchase, the Bank’s board of directors…
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