HENRIOD, Justice.
Appeal from a judgment that an exchange of stock for mining claims did not violate Title 61-1-7, but was exempt under 61-1-6, Utah Code Annotated 1953. Affirmed. Costs to defendants.
A stipulation of facts was signed. Abstracted, it established that except for nominal shares to the defendants, incorporators of Prudential Oil and Minerals Co., none had been issued to others than plaintiff and one Grube at the time of the transaction, involving...
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