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SMITH v. STATE

385 S.W.2d 748 (1965)

Milford C. SMITH, J.E. Lindsey and H.C. Armstrong, Plaintiffs in Error. v. STATE of Tennessee, Defendant in Error.

Supreme Court of Tennessee.

January 6, 1965.

Attorney(s) appearing for the Case

Louis E. Eubanks, Memphis, for Milford C. Smith.

Warren Miller, Memphis, for J.E. Lindsey, Hanover, Hanover, Hanover & Walsh, Memphis, for H.C. Armstrong.

George F. McCanless, Atty. Gen., Edgar P. Calhoun, Asst. Atty. Gen., Nashville, for the State.

WHITE, Justice.

The plaintiffs in error, defendants in the court below, were indicted on three separate charges: fraudulent sale of securities, T.C.A. § 48-1644; conspiracy to violate the fraudulent advertising law, T.C.A. § 39-1910; and conspiracy to violate the registration section of the securities law, T.C.A. § 48-1602.

The three cases were consolidated and tried before a jury which found all three defendants guilty of the fraudulent sale...

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