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STATE v. DAVIS

Cr. No. 322.

131 N.W.2d 730 (1964)

STATE of North Dakota, Plaintiff and Respondent, v. Larry F. DAVIS, Defendant and Appellant.

Supreme Court of North Dakota.

December 17, 1964.

Attorney(s) appearing for the Case

Walter O. Burk, Williston, for appellant.

Helgi Johanneson, Atty. Gen., and Albert A. Wolf, State's Atty., Bismarck, for respondent.

TEIGEN, Judge.

The defendant has appealed from a final judgment of conviction of the crime of offering for sale or selling unregistered securities. A jury was waived and the case was tried to the court on stipulated facts. The defendant specifies three errors: (1) that the promissory notes in this case are not in fact securities; (2) that there was no offer for sale or sale; and (3) that the purported assignment of stock was null and void in that there was no consideration...

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