Supreme Court of Colorado May 2, 1960, No. 18,714 (Castle Canon Co. v. Atwood)

Mr. Chief Justice Sutton

delivered the opinion of the Court.

The Castle Canon Company, as successor in interest to Universal C.I.T. Credit Corporation, commenced the instant action against Al A. Atwood to recover a balance of $1531.99 due upon an original debit.of $3868.23, evi*572denced by a Colorado Chattel Mortgage. The same instrument combines both the .note and mortgage.