Joslin v. Noret

This action is brought to recover money paid to defendant by plaintiffs and their assignors, some 15 in number, for stock in an Oklahoma oil company and which stock was sold in violation of the so-called blue sky law (3 Comp. Laws 1915, § 11945 el seq.). Plaintiffs had judgment on a directed verdict for $6,600. The sales were of stock owned by defendant, numbered at least 17, and were made in the course of continued and successive transactions of a similar nature. The validity of the act was *242sustained in Merrick v. Halsey & Co., 242 U. S. 568 (37 Sup. Ct. 227), so it will be unnecessary to…