State v. Edwards

1 Reported in 227 N.W. 495. The trial court overruled a demurrer to an indictment and as authorized by G. S. 1923 (2 Mason, 1927) § 10756, certified to this court the question to be important and doubtful.

The indictment is based upon our larceny statute. It arises out of the sale of corporate stock in a solvent Minnesota corporation. The sole accusation is that defendant knowingly made the false representation that the stock was not assessable after the purchase price was paid. Under our constitution each stockholder in any corporation, except those organized for the purpose of carrying on…