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MASON v. SALOMON

No. 6206.

311 P.2d 652 (1957)

62 N.M. 425

Lawrence J. MASON, Plaintiff-Appellant, v. Walter C. SALOMON and Marrian S. Salomon, Defendants-Appellees.

Supreme Court of New Mexico.

May 20, 1957.

Attorney(s) appearing for the Case

Bean, Osborn & Snead, Roswell, for appellant.

Frazier & Cusack, Roswell, for appellees.

LUJAN, Chief Justice.

Walter C. Salomon and Marrian S. Salomon, his wife, were the owners of a hotel business and the real property on which it was located. On November 21, 1955, they entered into an escrow contract whereby they agreed to sell and Lawrence J. Mason agreed to buy said property. Of the purchase price, $15,000, in cash, was to be placed by Mason in escrow with the First National Bank of Roswell, New Mexico, $3,000 as earnest money, upon execution of...

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