National Co-Operative Farm Loan Co. v. Hirning
South Dakota Supreme Court
Original application in the Supreme Court, by the National Co-Operative Earm Doan (Company, a South Diakoba corporation, to John Hirn-ing, Clarence C. Caldwell, and W. N. Van Camp, as the State Securities Commission, and D. W. Henderson., as Secretary o'f siuob Commission, for a license to sell its corporate stock within this State. The Commission having made an order denying said application, plaintiff ¡brings- -certiorari.
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Original application in the Supreme Court, by the National Co-Operative Earm Doan (Company, a South Diakoba corporation, to John Hirn-ing, Clarence C. Caldwell, and W. N. Van Camp, as the State Securities Commission, and D. W. Henderson., as Secretary o'f siuob Commission, for a license to sell its corporate stock within this State. The Commission having made an order denying said application, plaintiff ¡brings- -certiorari. The record1 .discloses, that .the question whether or noit the name olf plaintiff corporation is misleading to the public, as indicative of a “co-operative” -character of…
1Opinion of the CourtWhiting, P. J.
•Gerti-orari proceedings instituted in this clciu-rt against the state 'securities commission-, pu-rsluanit to the provisions of chapter 275, Laws 1915. It i.s) charged that such body erred! lin finding that plaintiff’s proposed!' plan of business is of -s-u'ch a nature that the sate of its Capital stock would work a fraud -upon 'the purchasers thereof, and erred in i-ts order o-f March 14, 1918, refusing plaintiff’s application for permi-t to- sell its capital stock.
The jurisdiction of the 'commission to -act in th-e matter before it is not questioned', but we are called upon to review the…
2Cited by3 opinions
- State ex rel. Grey v. Circuit Court of Minnehaha Co.South Dakota Supreme Court · 1931
- In Re the Civil Contempt Proceedings Concerning RichardSouth Dakota Supreme Court · 1985
- In Re the Civil Contempt Proceedings Concerning RichardSouth Dakota Supreme Court · 1985