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ROBINSON v. UNITED STATES

No. 5665.

33 F.2d 238 (1929)

ROBINSON et al. v. UNITED STATES.

Circuit Court of Appeals, Ninth Circuit.

June 17, 1929.

Attorney(s) appearing for the Case

Robert B. McMillan, of San Francisco, Cal., and Mark Herron and Davis A. L'Esperance, both of Los Angeles, Cal., for appellant Robinson.

Harold C. Faulkner and James B. O'Connor, both of San Francisco, Cal., for appellant Randolph.

George J. Hatfield, U. S. Atty., and George M. Naus and Joseph L. Sweeney, Asst. U. S. Attys., all of San Francisco, Cal.

Before RUDKIN, DIETRICH, and WILBUR, Circuit Judges.

RUDKIN, Circuit Judge.

Early in 1925, Cromwell Simon and Harry M. Kassmir, under the firm name of Cromwell Simon & Co., formulated a plan or method for the acquisition of high-grade securities listed on the New York stock exchange by the payment of one-fifth down and the balance in ten equal quarterly installments. A more detailed statement of the plan is not deemed necessary for present purposes, because the fraud charged in the indictment was not in the plan...

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