Chamberlain v. North Central Investment Corp.

DENTON, Chief Justice.

Marvin K. Chamberlain brought suit against North Central Investment Corporation, George Bayoud and wife, Joan Bayoud for damages for fraud and misrepresentation in the sale of a tract of land in New Mexico. By cross-action, the defendants seek recovery on the promissory notes executed by Chamberlain as part of the purchase price of the property. The trial court instructed a verdict for the defendants against plaintiff’s cause of action and on their cross-action.

North Central Investment Corporation, a family corporation owned principally by George Bayoud and wife, owned a…