Willis v. Spring Canyon Copper Co.

HENRIOD, Justice.

Appeal from a money judgment in favor of plaintiffs Willis against defendant Nevada corporation and its secretary, Hall, for the purchase price of corporate stock allegedly unregistered and sold in Utah in violation of Title 61-1, Utah Code Annotated 1953, plaintiff claiming return of the purchase price under the provisions of Title 61-1-25, U.C.A.1953.1 Affirmed as to defendant corporation, reversed as to defendr ant, Hall, with plaintiffs’ costs assessed against the corporation and Hall’s costs assessed against Willis.

By resolution, the corporation had authorized one…