Cann v. M & B DRILLING COMPANY

SIMEONE, Judge.

This is an appeal by appellants-defendants M and B Drilling Company, Inc. and B. W. Klippel, Jr. from a judgment entered against defendants jointly and severally in a total amount of $4,800 arising out of a sale of a security allegedly sold in violation of the Missouri Securities (Blue Sky) Law, Chapter 409, RSMo. 1

In their petition the plaintiffs-respondents, Mr. and Mrs. William F. Cann, alleged that the defendants, M and B Drilling Company, Inc., acting through the defendant, B. W. Klippel, Jr., as agent, sold to plaintiffs a convertible debenture in August, 1964. They…