(DOWNLOAD) "Slemmons v. Massie" by New Mexico Supreme Court # eBook PDF Kindle ePub Free
eBook details
- Title: Slemmons v. Massie
- Author : New Mexico Supreme Court
- Release Date : January 08, 1984
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 53 KB
Description
Slemmons and her late husband, L. C. Slemmons, purchased the property in 1945 for approximately $12,000 and gave a note and mortgage on it to the First National Bank of Belen in the amount of approximately $3,000. On February 10, 1950, Mr. Slemmons sister, Massie, paid off the note in full for her brother, and the bank assigned the mortgage to her. No payment was ever made to Massie on the mortgage. Massie maintains that her brother orally agreed that title to the property was thereupon vested in her. Slemmons, however, says that she and her husband intended for Massie to have only a one-half interest.
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