[DOWNLOAD] "Bank Of New Mexico V. Priestley" by New Mexico Supreme Court # eBook PDF Kindle ePub Free
eBook details
- Title: Bank Of New Mexico V. Priestley
- Author : New Mexico Supreme Court
- Release Date : January 20, 1981
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 61 KB
Description
Several suits were filed by the parties involving a controversy which arose over the sale of Carico Lake turquoise mine in Nevada. The mine was owned by the Carico Lake Mining Company (Carico). The suits were consolidated for trial. Third-party plaintiff (Roberts) owned an interest in Carico. He sold his interest to Corona Ltd., a New Mexico corporation (Corona), and to Joe Priestley and Charles Nuckols. Roberts was a judgment debtor of Bank of New Mexico (Bank) and when the Bank learned of the above sales contract it filed a garnishment proceeding against Corona, Priestley and Nuckols. Four days before filing an answer, counsel for Corona wrote Roberts that Corona was rescinding the sales contract. The letter was not signed by Priestley or Nuckols. Roberts responded by letter that he did not accept the rescission and expected full compliance. The garnishees then answered the complaint, denying any indebtedness to Roberts.
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