Legal Opinion

537721 Ontario, Inc. v. Mays

Court of Appeals of Kansas

Decided July 28, 1989No. 63,360PublishedCited by 10 opinions

1Opinion of the Court

Brazil, J.:

Canadian Express Club appeals from a district court order affirming an administrative decision by the Kansas Securities Commissioner that Canadian Express Club was selling securities within the definition of K.S.A. 17-1252(j). We affirm.

Canadian Express Club is a corporation which solicits buyers to purchase shares in the Lotto 6/49 6000 group. The 6000 group is comprised of 250 shareholders whose money is pooled to purchase 6,000 Canadian lottery tickets over a six-week period. Total winnings from the tickets are split among the shareholders. Canadian Express Club guarantees that…

2Cases cited13 opinions

  1. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  2. Fed. Sec. L. Rep. P 93,748 Securities and Exchange Commission v. Glenn W. Turner Enterprises, Inc.Court of Appeals for the Ninth Circuit · 1973
  3. Fed. Sec. L. Rep. P 94,710 Securities and Exchange Commission v. Koscot Interplanetary, Inc.Court of Appeals for the Fifth Circuit · 1974
  4. Fed. Sec. L. Rep. P 95,468 Ernest C. Hector v. Herman Wiens, Individually and Dba Wiens Feed LotCourt of Appeals for the Ninth Circuit · 1976
  5. Fed. Sec. L. Rep. P 96,167 William F. Hirk v. Agri-Research Council, Inc., John Burlington, and Glenn AndersenCourt of Appeals for the Seventh Circuit · 1977

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3Cited by10 opinions

  1. Lawrence Preservation Alliance, Inc. v. Allen Realty, Inc.Court of Appeals of Kansas · 1991
  2. Podrebarac v. Kansas Department of RevenueCourt of Appeals of Kansas · 1991
  3. Bruns v. Kansas State Board of Technical ProfessionsCourt of Appeals of Kansas · 1993
  4. In Re Tax Refund Application of Affiliated Prop.Court of Appeals of Kansas · 1993
  5. In Re Application of ZivanovicCourt of Appeals of Kansas · 1996

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