Dickson v. Fidelity & Casualty Co.

The record in this case shows that the Des Moines Securities Corporation was a duly qualified dealer of securities under the Iowa Securities Act (Code 1935, section 8581-el et seq.) from March 5, 1932, until December 7,1932, and was duly registered as such in the office of the secretary of state of the state of Iowa.

The record also shows that, during that period, the plaintiff, George Dickson, 87 years old, delivered to, and said Des Moines Securities Corporation received from said Dickson, certain securities of the aggregate market value of about $16,000 for proper registration or sale. The…