Price v. Van Lint
Supreme Court of New Mexico, 1941.
46 N.M. 58, 120 P.2d 611.
Dawson, pp. 783-788
Facts: Price wanted to buy a tract of land in New Mexico to start a business.
The defendant refused to advance the amount of the loan to the plaintiff. The trial court concluded that the two
promises were independent, and thus that the defendant was obligated to deliver
the $1500 even though the plaintiff had not delivered the deed to the property
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