Schaefer v. Hinkle

OPINION

SOSA, Chief Justice.

The issue presented in this appeal is whether the trial court erred in concluding that plaintiffs’ interests in MontgomeryEubank, Ltd., terminated when they left the Hinkle Corporation. We find no error.

Plaintiffs brought this action in the District Court of Bernalillo County seeking a judgment declaring that they are limited partners in Montgomery-Eubank Company, Ltd. Following a hearing, the court granted defendant’s motion for summary judgment and dismissed the complaint. Plaintiffs appeal. We affirm.

On July 31, 1975, plaintiffs, as limited partners, and…