People v. Woolson

Defendant was convicted by the court, a jury having been waived, of the crime of grand theft (Pen. Code, § 487, subd. 1), and two violations of the Corporate Securities Act (Corp. Code, § 26104, subd. (a)). He has appealed from the judgment of conviction. Since the sole assignment of error is the insufficiency of the evidence to show either a theft or a sale of a security, we summarize in some detail the facts presented.

The grand theft accusation involved the payment of $15,000 by one Robison, now deceased, to the defendant on or about August 19, 1955. The parties had met each other in…