(DOWNLOAD) "Parks v. Mcintosh" by New Mexico Supreme Court " Book PDF Kindle ePub Free

eBook details

Title: Parks v. Mcintosh
Author : New Mexico Supreme Court
Release Date : January 20, 1961
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 50 KB

Description

The parties to this action are ranchers of considerable experience in that field. The plaintiffs owned a ranch in Catron County consisting of both deeded and leased land. The defendants also owned both deeded and leased land in Lea County. They agreed to exchange ranches, and, in adjusting the consideration, the defendants gave plaintiffs a secured promissory note in amount of $7,000, bearing 6% interest, payable in annual installments of $1,000. The agreement of the parties was embodied in a written contract, the pertinent provisions of which read: