People v. Boles

McCOMB, J. —

From judgments convicting them of violating the Corporate Securities Act after trial before a jury and from orders denying their motions for a new trial defendants appeal. There are also purported appeals from the verdicts of the jury.

Viewing the evidence most favorable to the prosecution (respondent) the essential facts are:

Defendant Boles was president and defendant Armstrong secretary of Santa Fe Royal O'il Company, a corporation. April 17, 1936, the company borrowed $4,000 from John Marcin and delivered to Mm a note signed 11 Santa Fe Royal Oil Company by M. L. Boles,…