National Underwriting Co. v. Simon

PAGE, Circuit Judge.

During June and November, 1916, defendant, in error, called plaintiff, a resident of Michigan, bought stock in the Inland Coal & Mining Company, an Indiana corporation, from plaintiff in error, called defendant, also an Indiana corporation, and plaintiff claims that the sales were made in the state of Michigan, without compliance by defendant with the 1915 Blue Sky Law of Michigan (chapter 230, Compiled Laws of Michigan 1915). The suit to recover the purchase money paid resulted in a judgment for plaintiff. •

It is urged:(a) That the court erred in overruling the demurrer…