Legal Opinion

In re Investors Syndicate

Supreme Court of Minnesota

Decided November 19, 1920No. 22,004PublishedCited by 4 opinions

Upon the relation of the Investors Syndicate the supreme court granted its tyrR of certiorari directed to the State Securities Commission and its members and executive officer to review an order of the commission suspending relator’s license to sell its securities, ten year instalment savings certificates.

1Opinion of the CourtDibell, J.

Certiorari on the relation of the Investors Syndicate to review an order of the State Securities Commission suspending its license to sell its ten year instalment savings certificates.

The commission is established by Laws 1917, p. 635, c. 429. It is the purpose of this statute, as expressed in its title, “to prevent fraud *218in the sale and disposition of stocks, bonds or other securities sold or offered for sale within the state,” etc.

The commission may withhold or suspend a license, if it finds that “the proposed plan of business of said investment company, or that its proposed contracts,…

2Cited by4 opinions

  1. Caulkins v. CommissionerUnited States Tax Court · 1943
  2. Willcuts v. Investors' SyndicateCourt of Appeals for the Eighth Circuit · 1932
  3. Investors' Syndicate v. WillcutsDistrict Court, D. Minnesota · 1930
  4. Caulkins v. CommissionerUnited States Tax Court · 1943

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