Perez-Lizano v. Ayers

Milan R. Ayers appeals the May 24,1984, order of the Ninth Judicial District Court, Toole County, granting Miguel A. Perez-Lizano partial summary judgment in an action against Ayers to collect a $40,000 promissory note. The trial court judgment is affirmed.

Perez-Lizano and Ayers were in the business of developing oil and gas property. Sunlite International, Inc., of Houston, Texas, had acreage in Pondera and Teton Counties, Montana, available for development. Ayers told Perez-Lizano he was interested in purchasing an option on that acreage. Subsequently, a promissory note for $40,000 was…