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State v. Eisbach

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eBook details

  • Title: State v. Eisbach
  • Author : Supreme Court of Wisconsin
  • Release Date : January 31, 1953
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 58 KB

Description

Prosecution for violation of ch. 189, Stats. Defendant is the president of Eisbach Insurance Agency, Inc. Articles of incorporation
filed with the secretary of state provide for an authorized capitalization of $25,000 consisting of 150 shares of common stock
and 100 shares of preferred stock, each having a par value of $100 per share. The certificate of incorporation was duly issued.
At the time of defendant's arrest he had sold 187 shares of common stock and 156 shares of preferred stock to twenty-eight
persons. Warrants for the sale of unregistered securities were issued against the defendant on complaint of two purchasers
of the overissued stock; the two cases were consolidated for trial and the defendant was convicted on the three counts charged
in the informations. The trial court, being of the opinion that questions of law were involved so important and so doubtful as to require the
decision of this court before the imposition of sentence, certified the following questions:


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