Roby v. Day

LAVENDER, Justice:

Plaintiff filed suit against defendant as Administrator of the Oklahoma Department of Securities alleging he proposed to submit to defendant a registration statement for public sale of interests in a limited partnership to be formed pursuant to The Oklahoma Uniform Limited Partnership Act (54 O.S.1971, § 141 et seq.). Under the proposed plan, the capital of the proposed partnership was to be used to purchase liquor. The proposed partnership comprised of individual consumers of alcoholic beverages would enter into storage and service agreements with various private clubs to…