State v. Code

Indicted for “the crime of selling unregistered interests in and under a profit sharing and participating agreement,” defendants demurred. The demurrer was overruled and the case certified on the question whether the indictment charges a public offense.

The “profit sharing and participating agreement” set out in the indictment is as follows:

“Minneapolis, Minn., Oct. 5, 1928.

“No. 875

“$225.00

“Received of George H. Taylor $225.00 as a contribution to assist me in bringing to completion a metallurgical discovery which is destined to be of incalculable benefit to mankind in obtaining a better…