Domenigoni v. Imperial Live Stock & Mortgage Co.

This is an action to cancel and have delivered up to the plaintiff certain promissory notes delivered by plaintiff to the defendant, and also certain agreements by plaintiff with defendant for the purchase of stock of said defendant. The right of the plaintiff depends upon the provisions of the law for the regulation of corporations, approved May 18, 1917 (Stats. 1917, p. 673), usually known as the ‘1 Blue Sky Law. ’ ’ His contention is that' the notes and agreements were made in violation thereof and that therefore they are against the policy of the law (Civ. Code, secs. 1550, 1668) and void.