Supreme Court of Colorado June 4, 1973, 25663 (Malouff v. Midland Federal Savings and Loan Ass'n)

MR. JUSTICE LEE

delivered the opinion of the Court.

This appellate proceeding was transferred on motion from the Court of Appeals in view of the significant public interest in the subject matter of the appeal and because of the major significance of the legal principles involved. 1969 Perm. Supp., C.R.S. 1963, 37-21-9.