Riblet Tramway Company, Incorporated v. Monte Verde Corporation, and Angel Fire Ski Corporation

WILLIAM E. DOYLE, Circuit Judge.

Essentially this case is a collection/repossession controversy involving four ski lifts located at the Angel Fire ski resort at the south end of the Moreno Valley outside of Eagle Nest in northern New Mexico. The lifts were sold by plaintiff, a Spokane, Washington corporation (Riblet), to joint New Mexico corporations (Monte Verde and Angel Fire, hereinafter called defendants) which were then owned in 1966 by the Roy LeBus family, but which were purchased in 1969 by the present owners called the Dresser group. The successive corporate owners are here referred…