Mosley v. Unruh

The opinion of the court was delivered by

Hoch, J.:

This was an action to recover under the provisions of the Kansas securities act (blue-sky law), which makes voidable at the option of the purchaser the sale of securities made in violation of the act. The appeal is from an order sustaining a motion for a directed verdict in favor of one of the defendants. The question presented is whether there was substantial evidence sufficient to require submission of the case to the jury.

The statute involved is section 17-1240, G. S. 1935. That section reads in part as follows:

“Every sale or contract for…