PORTER v. INVESTORS SYNDICATE

No. 627.

286 U.S. 461 (1932)

PORTER, AUDITOR, v. INVESTORS SYNDICATE.

Supreme Court of United States.

Decided May 23, 1932.


Attorney(s) appearing for the Case

Mr. T.H. MacDonald, Assistant Attorney General of Montana, with whom Messrs. L.A. Foot, Attorney General, and James W. Freeman were on the brief, for appellant.

Mr. M.S. Gunn for appellee.


MR. JUSTICE ROBERTS delivered the opinion of the Court.

This is an appeal from the decree of a specially constituted district court enjoining the enforcement of an order of the State Auditor, who is ex officio Investment Commissioner of Montana. Appellee is a Minnesota corporation engaged in the business of selling investment certificates for which the purchaser pays in instalments and which entitle him at a date therein...

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