Oppenheimer v. Peabody, Houghteling & Co.

Plaintiff brought suit against defendant to recover $2,000 he had paid defendant for the purchase of certain bonds, which sale he claimed had been illegally made because there had been no compliance with the Illinois Securities Law. There was a trial before the court without a jury, and at the close of plaintiff’s case, on motion of defendant, the court found against plaintiff, judgment was entered on the finding and plaintiff appeals.

Plaintiff alleged in his statement of claim that on October 18, 1927, and February 16, 1928, defendant sold him two first mortgage bonds of the Gotfredson…