(DOWNLOAD) "W. A. Marin v. Carl Olson" by Supreme Court of Minnesota ~ Book PDF Kindle ePub Free

eBook details

Title: W. A. Marin v. Carl Olson
Author : Supreme Court of Minnesota
Release Date : January 10, 1930
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 53 KB

Description

Stockholder's liability after corporation's violation of blue sky law. A purchaser of stock in a corporation which has failed to comply with the blue sky law may recover the money paid therefor if the action is seasonably brought. He cannot successfully defend in a suit brought by the receiver of such insolvent corporation to enforce the stockholders' constitutional liability on the ground that there had been a violation of that statute. The issuance of the certificate of stock to defendant was not necessary to establish his liability.