Court Opinion

ID: 9607187
Source: CourtListenerOpinion
Date Created: 2023-08-22 02:56:04.346642+00
Date Added: 2024-06-11T18:02:37.430008
License: Public Domain

McGHEE, Justice (specially concurring). I readily concur with so much of the opinion as holds the corporate entity may be set aside for the purpose of enforcing appellant’s judgment. With considerable reluctance I concur in that part which holds there is substantial evidence to support a finding that the transfer of the house and other real estate was made in satisfaction of a bona fide pre-existing debt and upon valuable and adequate consideration and in good faith. Certainly an examination of the testimony and evidence in the record leaves something to be desired and there are many contradictions and inconsistencies which without more would render the facts as found inherently improbable. I feel bound, however, by Kutz Canon Oil & Gas Co. v. Harr, 1952, 56 N.M. 358, 244 P.2d 522 and Marchbanks v. McCullough, 1942, 47 N.M. 13, 132 P.2d 426, where similar situations existed.