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BANK OF NEW MEXICO v. PRIESTLEY

No. 13286.

624 P.2d 511 (1981)

95 N.M. 569

BANK OF NEW MEXICO, PETITIONER, v. Joe PRIESTLEY and Charles Nuckols and Corona ltd., a New Mexico Corporation, Respondents.

Supreme Court of New Mexico.

Rehearing Denied March 9, 1981.

Attorney(s) appearing for the Case

Keleher & McLeod, Robert H. Clark, Michael Wile, Albuquerque, for petitioner.

Kool, Kool, Bloomfield & Eaves, William J. Darling, Albuquerque, Pickard & Singleton, Lynn Pickard, Santa Fe, for respondents.

OPINION

FEDERICI, Justice.

Several suits were filed by the parties involving a controversy which arose over the sale of Carico Lake turquoise mine in Nevada. The mine was owned by the Carico Lake Mining Company (Carico). The suits were consolidated for trial. Third-party plaintiff (Roberts) owned an interest in Carico. He sold his interest to Corona Ltd., a New Mexico corporation (Corona), and to Joe Priestley and Charles Nuckols. Roberts was a judgment...

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