New Mexico Selling Co. v. Crescendo Corp.

CARMODY, Justice.

The intervener' in the court below was'' granted judgment - and the defendants Raishe appeal. ' ’■>

It seems that in 1961 the intervener Johnson leased a restaurant and supper club, known as the Crescendo, to certain other parties. The lessees then formed the Crescendo Corporation, and in 1962 an agreement was entered into between the lessees and the corporation to sell the club to the defendants Raishe. Certain payments were made by the Raishes, and in November of 1962 the Raishes entered into a contract with William Terranova for the sale of their interest in the premises,…