State Ex Rel. Powers v. Capital Endowment Co.

By the Court.

Is the respondent engaged in the business of a bond investment company within the purview of Sections 697 to 709, General Code? The first of these sections consists of the following definition :

“Every corporation, partnership or association other than a building and loan association, which places or sells certificates, bonds, debentures or other investment securities of any kind, on the partial payment or installment plan, and every investment guaranty company doing business on the service dividend plan shall be deemed a bond investment company.”

It is conceded that the purpose…