Princeville Corp. v. Brooks
Decision Date | 10 March 1975 |
Docket Number | No. 26685,26685 |
Citation | 188 Colo. 37,533 P.2d 916 |
Parties | PRINCEVILLE CORPORATION, Petitioner, v. John BROOKS, Judge of the District Court in and for the City and County of Denver, State of Colorado, Respondent. |
Court | Colorado Supreme Court |
Rodden & Woods, Richard A. Francis, Denver, for petitioner.
Grant, Shafroth, Toll & McHendrie, P.C., Charles H. Haines, Jr., Denver, for respondent.
This is an original proceeding by petitioner Princeville Corporation (Princeville) for a writ in the nature of mandamus requiring the respondent district court to show cause why it should not authorize foreclosure by the public trustee in accordance with C.R.C.P. 120. We now discharge the rule.
Princeville holds a deed of trust secured by a promissory note executed by Meridian Properties (Meridian). The land thus encumbered comprised approximately 60 acres, platted and subdivided to permit sale of individual lots. The deed of trust contains a power of sale clause.
Meridian has sold lots to separate owners. Many have separate mortgages on their individual plots. None of the lot owners assumed or agreed to pay the deed of trust.
Wishing to recover Meridian's unpaid balance due by foreclosure through the public trustee, Princeville gave its notice of election and demand. Section 38--37--113, C.R.S.1973. In addition, to comply with the Soldiers' and Sailors' Civil Relief Act of 1940 (the Act), Princeville invoked the jurisdiction of the district court under C.R.C.P. 120 for a confirmatory order authorizing the sale, and sent notices to each of the plot owners. At the Rule 120 hearing, Meridian and several lot owners appeared in opposition to Princeville. In view of the proscription of Rule 120(c), they filed no pleadings. However, the court received an affidavit in lieu of testimony from an officer of Meridian, and also heard other testimony.
Based thereon the court made rather detailed findings of fact and conclusions of law and ruled that the proposed foreclosure was not one of isolated ownership; rather it was multi-partied and very complicated. Jurisdiction was retained on a holding that the court would be required to adjudicate the rights of each property owner.
In short the trial court found that Rule 120 is broad enough in language and scope to invoke the jurisdiction of a court in equity when that is necessary to align and protect the rights of the respective parties before it. Petitioner, on the other hand, insists that the district court under Rule 120 can only hear and determine whether a party is in the military service.
I.
C.R.C.P. 120 reads in pertinent part:
We are well aware that the original purpose of Rule 120 was to establish the status of the debtor with respect to military service. The rule therefore was made a part of our civil procedure to comply with the then recently enacted Federal Soldiers' and Sailors' Civil Relief Act of 1940, now 50 U.S.C. App. § 501 et seq. See Hastings v. Security Thrift & Mortgage Co., 145 Colo. 36, 357 P.2d 919 (1960); Whitaker v. Hearnsberger, 123 Colo. 545, 233...
To continue reading
Request your trial-
Amos v. Aspen Alps 123, LLC
...the Foreclosure Be Voided C.R.C.P. 120 establishes judicial supervision of public trustee foreclosures. Princeville Corp. v. Brooks, 188 Colo. 37, 40–41, 533 P.2d 916, 918 (1975). It affords interested persons due process by preventing ex parte taking of property without notice and a hearin......
-
Amos v. Aspen Alps 123, LLC, Court of Appeals No. 08CA2009 (Colo. App. 1/7/2010)
...the Foreclosure Be Voided C.R.C.P. 120 establishes judicial supervision of public trustee foreclosures. Princeville Corp. v. Brooks, 188 Colo. 37, 40-41, 533 P.2d 916, 918 (1975). It affords interested persons due process by preventing ex parte taking of property without notice and a hearin......
-
Moreland v. Marwich, Ltd.
...C.R.C.P. 120 hearing was limited to a determination of whether the debtor was in the military service. See id. In Princeville Corp. v. Brooks, 188 Colo. 37, 533 P.2d 916 (1975), however, the trial judge in a C.R.C.P. 120 proceeding was faced with a request for an order of sale in a situatio......
-
Goodwin v. District Court In and For Sixteenth Judicial Dist.
...with respect to the taking and public sale of a real property interest of a debtor under a deed of trust. In Princeville Corp. v. Brooks, 188 Colo. 37, 533 P.2d 916 (1975), we held that C.R.C.P. 120 was broad enough in scope to permit a court to consider factors other than the military serv......
-
The Influence of the U.s. Constitution on Colorado Real Property Law
...751 (1975)(replevin statute allowing sheriff's participation in repossession of goods without prior notice and hearing invalid). 28. 188 Colo. 37, 533 P.2d 916 (1975). 29. Id. at 40. 30. 192 Colo. 316,557 P.2d 1180 (1976). 31. Id. at 319. This newsletter is prepared by the Real Estate Law T......
-
Marshalling in Judicial or Nonjudicial Foreclosure in Colorado
...Bank of Washington, 16 Wash.App. 280, 556 P.2d 226 (1976). 29. See, Ross v. Duggan, 4 Colo. 85 (1879). 30. Princeville Corp. v. Brooks, 188 Colo. 37, 533 P.2d 916 (1975); C.R.C.P. Rule 120(d). C.R.C.P. 120(d) provides that the scope of the Rule 120 hearing shall not extend beyond the existe......
-
Recent Developments in Foreclosure Law
...and Ragsdale Bros. Roofing, Inc. v. United Bank of Denver, N.A., 744 P.2d 750 (Colo.App. 1987). 602 12. E.g., Princeville Corp. v. Brooks, 533 P.2d 916 (Colo. 1975); Valley Dev. at Vail, Inc. v. Warder, 557 P.2d 1180 (Colo. 1976); and Goodwin v. District Court, 779 P.2d 837 (Colo. 1989). 13......
-
The Civil Litigator
...Public Trustee of Deeds of Trust in Colorado," 28 Dicta. 437 (1951). 6. Storke and Sears, Colorado Security Law (1955), p. 138. 7. Id. 8. 188 Colo. 37, 533 P.2d 916 (1975). 9. The Colorado Lawyer published two memoranda submitted by the Committee to the Colorado Supreme Court. See, "Legisla......