American Trust & Savings Bank v. Martinez
New Mexico Supreme Court
Appeal from District Court, Bernalillo County; Hickey, Judge. Action by the American Trust & Savings Bank against Salome Martinez. Judgment for plaintiff, and defendant appeals.
1Opinion of the Court
OPINION OP THE COURT.
PARKER, C. J.
This is an action upon a promissory note given for the purchase of shares of the capital stock in a- corporation. It does not appear clearly from the findings of the court below whether this note was given upon a subscription contract for the shares of the corporation, or whether the stock was purchased from a private individual, unconnected with the corporation. It does appear, however, from the answer of the appellant that the note was claimed to have been given upon a subscription contract for shares in the corporation, and it will be assumed that such was…
2Cases cited1 opinion
- Stockmen's Guaranty Loan Co. v. SanchezNew Mexico Supreme Court · 1920