People v. Acres

W. H. Acres, William H. Shaw, and his wife, Edith, were charged with violating sections' 25500 and 26104, subdivision (a) of the Corporations Code in that they unlawfully sold shares of stock in the Sunshine Construction Industries, Inc., to W. G. Sellers and George Had jes without first having obtained a permit so to do from the Corporation Commissioner of the State of California. In a second count of the information W. H. Acres and William H. Shaw were charged with violating Penal Code, section 487 (grand theft) in that they unlawfully took the property of Warren Sellers and George Had jes,…