Cox v. Hanson

The Federal Crushed Stone Company, a Minnesota corporation, not licensed to do business in Wisconsin, on October 13, 1920, sold to the respondent, Henry M. Hanson, of Rock county, Wisconsin, stock in its corpo*343ration to the amount of $3,000, and on the 9th of September, 1922, sold to the respondent additional stock in the amount of $1,500. The respondent received said stock, paid for the same in full, and held the same until the 2d of October, 1926, without any protest as to the illegality of the sale. During that time the respondent, by proxy, attended an annual meeting of the corporation in…