Lowery v. Ford Hill Investment Co.
Supreme Court of Colorado
1Opinion of the CourtJustice Erickson
We granted certiorari to review the decision of the court of appeals in Lowery v. Ford Hill Investment Co., 37 Colo. App. 260, 548 P.2d 127 (1976). We reverse the court of appeals and remand with directions to grant the relief mandated by the Colorado Securities Act.
Bernard L. Lowery, Sr. and Joanne M. Lowery filed a civil action to rescind an installment sales contract which they entered into with the Ford Hill Investment Company (hereinafter Ford Hill), for the purchase of a condominium at Breckenridge, Colorado. The basis for rescission was that the contract of sale constituted a security…
2Cases cited24 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953
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- People v. TerranovaColorado Court of Appeals · 1977
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