State v. Terwilliger

On the Merits

(16 P. (2d) 651)

BBOWN, J.

As counsel stated in their argument herein, there is but one issue in this case, and that is the constitutionality of our Blue Sky law, codified as sections 25-1301 to 25-1328, Oregon Code 1930. The particular provision thereof that the defendant assails as unconstitutional is designated subdivision 10 of section 25-1302, Oregon Code 1930, relating to application for permit to sell securities, which section provides that, before any permit shall issue for such purpose, the applicant shall file with the corporation commissioner certain data specifically…