Legal Opinion
Farmington National Bank v. Basin Plastics, Inc.
New Mexico Supreme Court
Decided August 22, 1980No. 12600PublishedCited by 8 opinions
1Opinion of the Court
OPINION
FELTER, Justice.
The personal representative of Dorothy Ford, now deceased, defendant, cross-claimant and appellee (Ford) recovered judgment for contribution from Herb McNutt, defendant, cross-claimant and appellant (McNutt). We affirm.
Basin Plastics, Inc., defendant (Basin Plastics), gave Farmington National Bank, plaintiff (Bank), its promissory note for a loan in the principal sum of $56,000.00. McNutt eo-signed the note as an accommodation maker and Ford secured payment of the note by a mortgage to the Bank upon real estate which she owned. After an extension of time for payment of…
2Cases cited18 opinions
- Faires v. CockerellTexas Supreme Court · 1895
- O'MEARA v. Commercial Insurance CompanyNew Mexico Supreme Court · 1962
- Case v. McKinnisOregon Supreme Court · 1923
- McLochlin v. MillerIndiana Court of Appeals · 1966
- Thomas v. Malco Refineries, Inc.Court of Appeals for the Tenth Circuit · 1954
13 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Permian Anchor Services, Inc. v. NiccumCourt of Appeals for the First Circuit · 1981
- National Old Line Insurance v. BrownNew Mexico Supreme Court · 1988
- Newton v. DaileyWest Virginia Supreme Court · 1981
- First National Bank v. NiccumCourt of Appeals for the Tenth Circuit · 1981
- The Navajo Tribe v. The Bank of New Mexico, a New Mexico CorporationCourt of Appeals for the Tenth Circuit · 1983
3 more not listed; retrieve them via the Exa API.