DesGeorges v. Grainger

MOISE, Justice.

In this action plaintiffs-appellants sued for rescission and restitution of amounts paid on a contract wherein appellant, Quiri-na DesGeorges, agreed to purchase and defendants-appellees Grainger agreed to sell a certain piece of land in Taos, New Mexico, upon which was located La Tuatah Motel, together with personal property therein. Defendant-appellee Frances Martin was the real estate broker who negotiated the transaction. Defendant-appellee Founders Mutual Depositor Corporation had issued certain certificates representing deposits made by appellants, which certificates had…