Sibley v. Coffield

BLAIR, Justice.

Sibley sued Coffield for $25,000 as compensation for services rendered in securing Oxsheer Smith as a purchaser ready, able and willing to buy certain securities of Cof-field at the price he agreed to sell them, but refused to do so. By pre-trial proceeding Coffield obtained an admission that Sib-ley did not have a dealer’s license to sell or deal in the character of securities involved as required by the Texas Securities Act, Art. 600a, as -amended, Vernon’s Annotated Texas Civil Statutes; and the trial court sustained a motion to dismiss his suit; hence this appeal.

Coffield…