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FIRST NAT. BANK OF LORDSBURG v. RET. RANCHES

No. 11166.

566 P.2d 95 (1977)

FIRST NATIONAL BANK OF LORDSBURG, Plaintiff-Appellee, v. RETIREMENT RANCHES, INC., Defendant-Appellant.

Supreme Court of New Mexico.

July 7, 1977.

Attorney(s) appearing for the Case

E. Ray Phelps, Roswell, Quinn & Quinn, Clovis, for defendant-appellant.

Martin, Martin & Lutz, William L. Lutz, Las Cruces, for plaintiff-appellee.

OPINION

REUBEN E. NIEVES, District Judge.

Defendant-appellant, Retirement Ranches, Inc., appeals from a judgment rendered in favor of First National Bank of Lordsburg, Plaintiff-appellee on a guarantee agreement. The parties will be referred to as defendant and plaintiff, respectively.

Plaintiff bank loaned money to Retirement Ranch of Lordsburg, Inc., (a related corporation of defendant Retirement Ranches...

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