Carlson's for Music, Inc. v. Gould

This appeal is brought to review the judgment of the Denver District Court dismissing a contempt citation against defendant Gould. The chief point of error, however, is directed to the trial court’s ruling that the Colorado “Assignment-Benefit of Creditors” statute (C.R.S. 1963, 11-1-1 et seq.) is unconstitutional. We reverse.

The chronology of this action in the district court is as follows: On August 29, 1966 assignor Carlson’s for Music, Inc. made a voluntary assignment of its assets and the Union Trust Company was appointed as assignee. Inventory of the assets and a bond in the amount of…