UTAH STATE LAND BOARD v. UTAH STATE FINANCE COM'N

No. 9354.

12 Utah 2d 265 (1961)

365 P.2d 213

UTAH STATE LAND BOARD, PLAINTIFF AND APPELLANT, v. UTAH STATE FINANCE COMMISSION, DEFENDANT AND RESPONDENT.

Supreme Court of Utah.

October 5, 1961.


Attorney(s) appearing for the Case

Franklin J. Allen, Salt Lake City, for appellant.

Walter L. Budge, Atty. Gen., Raymond W. Gee, Asst. Atty. Gen., for respondent.

A.M. Ferro, Amicus Curiae, Salt Lake City, amicus curiae.


JEPPSON, District Judge.

In this action the plaintiff desired to purchase securities for investment purposes, under the provision of 65-1-65, Utah Code Annotated for 1953, as amended, but the defendant refused to issue checks for such purchases on the ground that the statute authorizing the purchase of corporate securities was unconstitutional.

An action was subsequently commenced under the Utah Declaratory Judgment Act, in the Third Judicial District Court...

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