DAVIES v. BOYD

No. 7207.

385 P.2d 950 (1963)

73 N.M. 85

Donn T. DAVIES and Henrietta Davies, Plaintiffs-Appellees, v. Franklin L. BOYD and Barbara B. Boyd, Defendants-Appellants.

Supreme Court of New Mexico.

September 16, 1963.


Attorney(s) appearing for the Case

Catron & Catron, Santa Fe, for appellants.

George T. Reynolds, Taos, for appellees.


NOBLE, Justice.

Defendants, by written contract, agreed to buy real estate in Taos County, New Mexico, for $17,500, of which $8,000 was represented by defendants' promissory note payable on or before two years from its date, and the remainder payable at $100 per month including interest. A deed was held in escrow to be delivered upon payment in full. The $8,000 note was secured by a mortgage upon other property of defendants. Within a few months, defendants became...

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