Wagner v. Kelso

The petition was several times amended upon motions for more specific statement, and as finally perfected, sets up the alleged cause of action substantially as follows: That the defendants Kelso and Ridenour were stock brokers, duly licensed by the secretary of state to carry on such business, and that each had qualified therefor by giving a bond, as required by statute, Chapter 13-B, Title IX, of the Supplemental Supplement to the Code of Iowa, 1915, which bond undertakes that, if the broker therein named ‘ ‘ shall pay any and all fines assessed against him for the wrongful sale of stocks,…