Board of County Commissioners v. Colorado National Bank of Denver

SMITH, Judge.

The Colorado National Bank of Denver appeals from a judgment in favor of the Board of County Commissioners of Routt County. The judgment, resulting from the consolidated trial of two separate cases, was based upon three separate letters of credit issued by the bank in favor of the county.

The bank and the county submitted the consolidated cases to the court on a stipulated record in lieu of trial. The record included an agreed statement of facts with respect to the county’s demands under the letters of credit, and included an agreed summary of testimony and documentary evidence…