STONER v. BISNO

Docket Nos. 22544, 22614.

162 Cal.App.2d 164 (1958)

327 P.2d 922

EDGAR T. STONER, Appellant, v. ALEXANDER BISNO et al., Respondents. HENRY MEZORI, Appellant, v. ALEXANDER BISNO et al., Respondents.

Court of Appeals of California, Second District, Division One.

July 16, 1958.


Attorney(s) appearing for the Case

William H. Neblett, John G. Sobieski and John Sobieski for Appellants.

Sol D. Seldin, Buchalter, Nemer, Coyle & Cooper, Richard B. Coyle, Leon M. Cooper and Joseph Weissman for Respondents.


FOURT, J.

These are appeals from judgments determining that money loaned in anticipation that the funds would be used in the acquisition of certain interests in the Moulin Rouge Hotel, an interracial hostelry and gambling casino at Las Vegas, Nevada, were not securities within the meaning of the California Corporate Securities Law requiring a permit from the Corporation Commissioner authorizing the transaction as a...

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