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FIRST NAT. BANK, ETC. v. MOUNTAIN STATES TEL.

No. 11366.

571 P.2d 118 (1977)

FIRST NATIONAL BANK OF RIO ARRIBA, Plaintiff-Appellee, v. MOUNTAIN STATES TELEPHONE AND TELEGRAPH COMPANY, Defendant-Third-Party Plaintiff-Appellant, v. Vernon L. SILER, Third-Party Defendant.

Supreme Court of New Mexico.

November 7, 1977.

Attorney(s) appearing for the Case

Campbell, Bingaman & Black, Bruce D. Black, Santa Fe, for defendant-third-party plaintiff-appellant.

Montgomery, Andrews & Hannahs, Thomas W. Olson, Santa Fe, for 1st Nat'l Bank of Rio Arriba.

Catron, Catron & Sawtell, William A. Sawtell, Santa Fe, for Siler.

OPINION

PAYNE, Justice.

This is an appeal from a summary judgment granted in favor of the plaintiff, First National Bank of Rio Arriba County, against Mountain States Telephone and Telegraph Company (Mountain Bell).

First National Bank sought to recover payment from Mountain Bell pursuant to an assignment given to the bank by Vernon Siler. Siler had previously contracted with Mountain Bell to do work on a project near Questa. In order to help finance...

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