RUFFINILLI v. JORDAN

Docket No. 20298.

216 Cal.App.2d 59 (1963)

30 Cal. Rptr. 780

AMELIA RUFFINILLI et al., Plaintiffs and Appellants, v. RICHARD T. JORDAN et al., Defendants and Respondents.

Court of Appeals of California, First District, Division Three.

May 13, 1963.


Attorney(s) appearing for the Case

William F. Worthington, Jr., Hurley & Bigler, Worthington, Fields & Worthington and M.H. Messner for Plaintiffs and Appellants.

James E. Burns, Joseph A. Kiernan and Richard P. Lyons for Defendants and Respondents.


DRAPER, P.J.

Plaintiffs seek damages arising out of their purchase from defendants of corporate shares for which no permit had been issued at time of sale. The case was tried to the court, without jury. Judgment was for defendants on the ground the statute of limitations had run. Plaintiffs appeal.

Four plaintiffs purchased stock in April 1952, and one bought additional shares in January 1953. Permit of the Commissioner of Corporations did not issue until...

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