Echols v. NC Ribble Company

OPINION

SUTIN, Judge.

Odis Echols, Jr., and Odis Echols, Sr., (Echols) sued N. C. Ribble Company, a corporation (Ribble) to recover damages for fraud in securing Echols’ guarantee of refinancing notes issued by Ribble for equipment. Trial was held before a jury. A verdict was rendered for Echols, judgment entered, and Ribble appeals.

We affirm.

I. Facts in Support of Verdict and Judgment

In the early spring of 1964, Western Contractors, Inc. (Western) was organized for the purpose of developing certain land in the Ruidoso area. In August, 1964, Western determined that its equipment and materials…