Pecos Construction Co. v. Mortgage Investment Co.
New Mexico Supreme Court
1Opinion of the Court
OPINION
TACKETT, Justice.
This action was commenced in the District Court of Chaves County, New Mexico. Plaintiff Pecos Construction Co., Inc., alleged business duress and compulsion exercised by defendant Mortgage Investment Company of El Paso. The court, sitting without a jury, awarded judgment to the plaintiff in the amount of $23,740.38, plus interest and costs.
The facts giving rise to this cause are as follows. On June 2, 1967, defendant Mortgage Investment agreed in writing to furnish the interim financing to plaintiff Pecos Construction for the construction of a $1,600,000 housing…
2Cases cited19 opinions
- Fruhauf Southwest Garment Co. v. United StatesUnited States Court of Claims · 1953
- Robertson v. Frank Brothers Co.Supreme Court of the United States · 1889
- Odorizzi v. Bloomfield School DistrictCalifornia Court of Appeal · 1966
- Bank of New Mexico v. RiceNew Mexico Supreme Court · 1967
- Illinois Merchants Trust Co. v. HarveyIllinois Supreme Court · 1929
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3Cited by24 opinions
- Bettini v. City of Las CrucesNew Mexico Supreme Court · 1971
- Terrel v. Duke City Lumber Company, Inc.New Mexico Court of Appeals · 1974
- FIRST NAT. BANK IN ALBUQUERQUE v. SanchezNew Mexico Supreme Court · 1991
- Ed Bloomfield v. Nebraska State BankNebraska Supreme Court · 1991
- MacHinery Hauling, Inc. v. Steel of West VirginiaWest Virginia Supreme Court · 1989
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