(Download) "Wendell v. Wendell" by First Appellate District, Division One District Court Of Appeal Of California # eBook PDF Kindle ePub Free
eBook details
- Title: Wendell v. Wendell
- Author : First Appellate District, Division One District Court Of Appeal Of California
- Release Date : January 23, 1952
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 56 KB
Description
Plaintiff seeks to recover from defendants $5,000 furnished by plaintiff for a one-third interest in a business enterprise. He claims that payment of his money into the business before a permit had been secured for issuance of his one-third share of stock in a corporation which all parties agreed was to be formed, constituted a sale by defendants of securities in violation of the Corporate Securities Act (see Corp. Code, § 25000 et seq.) Judgment was rendered in defendants favor by the court, sitting without a jury, and plaintiff appeals. We have concluded that the evidence supports the trial courts finding that no such sale occurred, and that the judgment must be affirmed.