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WIRTH v. COMMERCIAL RESOURCES, INC.

No. 4797.

630 P.2d 292 (1981)

96 N.M. 340

Joachim F. WIRTH and Elizabeth Wirth, Plaintiffs-Appellees, v. COMMERCIAL RESOURCES, INC., a New Mexico Corporation; Cabiwhiba, Inc., a New Mexico Corporation; Commercial-Cabiwhiba Joint Venture; William A. McGregor and Beverly B. McGregor, Defendants-Appellants.

Court of Appeals of New Mexico.

Writ of Certiorari Denied June 23, 1981.

Attorney(s) appearing for the Case

Paul R. Caldwell, Arthur B. Lofton, Caldwell & Lofton, P.A., Santa Fe, for defendants-appellants.

Jere C. Corlett, James E. Thomson, Santa Fe, for plaintiffs-appellees.

OPINION

LOPEZ, Judge.

Our previous unpublished Decision in this matter is withdrawn and this opinion is substituted therefor.

This case arises out of an allegedly fraudulent sale of real estate by defendants, who are land developers, to plaintiffs. A jury awarded $60,000.00 in damages to Mr. and Mrs. Wirth (hereafter Wirth). The defendants — two corporations in a joint venture and their shareholders, (hereafter collectively referred to as...

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