eBook details
- Title: Bennett v. Finley
- Author : New Mexico Supreme Court
- Release Date : January 14, 1950
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 52 KB
Description
The plaintiff, appearing as the appellant here, through an agent and in writing, contracted the sale to defendant of an irrigated farm of approximately 111 acres located in the lower Rio Grande Valley in Dona Ana County. The terms of sale were negotiated on behalf of plaintiff by his real estate agent. The agreed purchase price was $60,000, of which $17,500 was to be paid in cash, including a $5,000 earnest money check, and the balance was payable in 8 annual installments, each in the sum of $7,600, to be represented by notes bearing interest at the rate of 6 per cent. per annum.