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 on time.

 

Issue:

 

Rule:

 

Analysis:

 

Conclusion:

 

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