Legal Opinion
Hot Springs National Bank v. Stoops
New Mexico Supreme Court
Decided July 1, 1980No. 12908PublishedCited by 4 opinions
1Opinion of the Court
OPINION
FEDERICI, Justice.
Appellee, Hot Springs National Bank (Bank), brought suit against appellants, Donald Stoops and his wife, Lois Stoops (Stoops), on several promissory notes executed by Donald Stoops, which had not been paid in accordance with the terms of the notes.
Donald Stoops and Richard Ruffini, a vice-president and trust officer of the Bank, entered into a business venture as a closely held corporation known as R & S Investment Corporation. The corporation undertook several investment transactions which were apparently profitable. By late 1975, the corporate business transactions…
2Cases cited14 opinions
- Goodman v. Brock Ex Rel. Estate of BrockNew Mexico Supreme Court · 1972
- Mount Vernon Trust Co. v. BergoffNew York Court of Appeals · 1936
- Citizens Bank v. C & H Construction & Paving Co.New Mexico Court of Appeals · 1976
- Bell v. LammonNew Mexico Supreme Court · 1947
- City National Bank of Fort Smith, Arkansas v. VanderboomDistrict Court, W.D. Arkansas · 1968
9 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Permian Anchor Services, Inc. v. NiccumCourt of Appeals for the First Circuit · 1981
- Union Bank v. SwensonUtah Supreme Court · 1985
- Twin Forks Ranch, Inc. v. BrooksNew Mexico Court of Appeals · 1995
- First National Bank v. NiccumCourt of Appeals for the Tenth Circuit · 1981