Rice v. Bogart

Mr. Presiding Justice Matchett

delivered the opinion of the court.

Plaintiff filed an amended statement of claim demanding the return of $2,000 paid by him to the Absopure Oil Company under a contract hereinafter described, together with $250 attorneys’ fees. The action was based on section 37 of the Illinois Securities Act, sometimes called the Blue Sky Law (see Cahill’s Ill. Rev. St. ch. 32, ¶ 290) being “An Act relating to the sale or other disposition of securities and providing penalties for the violation thereof and to repeal Acts in conflict therewith,” in force June 10, 1919.

Defendants…