Southwest Securities Co. v. Board of Education

BRICE, Justice.

This is an appeal from a judgment in favor of the appellee (plaintiff below) in the sum of $13.75 on account of a negotiable interest coupon originally attached to a refunding bond issued by appellant and owned by appellee. Jury was waived and the case tried to the court. Each of the parties requested findings of fact and conclusions of law. From these the court adopted certain findings, from which we take the following as facts material to a decision.

The appellant is a school district organized under chapter 99 (section 4807 et seq.) N.M.Code of 1915, as amended. On July 1,…