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INVESTORS DIVERSIFIED SERVICES v. DIGGLES

272 Wis. 66 (1956)

INVESTORS DIVERSIFIED SERVICES, INC., and another, Respondents, vs. DIGGLES, Commissioner of Savings and Loan Department, Appellant.

Supreme Court of Wisconsin.

February 7, 1956.

Attorney(s) appearing for the Case

For the appellant there was a brief by the Attorney General and Roy G. Tulane, assistant attorney general, and oral argument by Mr. Tulane.

For the respondents there was a brief by H. A. Degen of Minneapolis, Minnesota, and Lees & Bunge of La Crosse, and oral argument by John S. Coleman of La Crosse.

MARTIN, J.

Sec. 216.01, Stats., provides:

"No person and no copartnership, association, or corporation, whether local or foreign, heretofore organized or which may hereafter be organized, doing business as a so-called investment, loan, benefit, co-operative, home, trust, or guarantee company, for the licensing, control and management of which there is no law now in force in this state, and which such person, copartnership, association, or corporation, shall...

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