ARMIJO v. NUCHOLS

No. 5552.

253 P.2d 317 (1953)

57 N.M. 30

ARMIJO v. NUCHOLS.

Supreme Court of New Mexico.

January 30, 1953.


Attorney(s) appearing for the Case

Iden & Johnson, Albuquerque, for appellant.

A. T. Hannett, G. W. Hannett and W. S. Lindamood, Albuquerque, for appellee.


COMPTON, Justice.

This is an action by appellee, plaintiff below, to cancel a contract. On June 5, 1951, the parties entered into a contract for the sale of appellant's ranch in Torrance County to appellee for a consideration of $47,500, payable $17,500 cash, $10,000 and interest on or before November 1, 1951, and the balance payable in annual installments. The ranch consists of fee land, State leases, and land located within the National Forest upon which appellant...

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