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LOEWENSTEIN v. MIDWESTERN INVESTMENT COMPANY

No. 36313.

149 N.W.2d 512 (1967)

181 Neb. 547

Weldon E. LOEWENSTEIN, Appellee, v. MIDWESTERN INVESTMENT COMPANY, a Corporation, B. B. Wright, Lester E. Jones and M. L. Simmons, Appellants, Impleaded with Erma L. Butler, Appellee, Noral T. Brown and Josephine Brown, Appellants.

Supreme Court of Nebraska.

March 31, 1967.

Attorney(s) appearing for the Case

Wagener, Marx & Youngs, Lincoln, for Midwestern Inv. Co.

Donald L. Biehn, Mattson, Ricketts & Gourlay, Lincoln, for Brown.

Edwin F. Dosek, Joseph Ginsburg, Lincoln, for appellee.

Heard before WHITE, C. J., and CARTER, SPENCER, BOSLAUGH, SMITH, McCOWN, and NEWTON, JJ.

McCOWN, Justice.

This is an action by the purchaser of securities against the seller to recover the purchase price under statutory provisions authorizing civil recovery for violation of the Blue-Sky Law.

The action was brought against the defendant Midwestern Investment Company and the individual defendants who were officers and directors of the company. On May 15, 1961, the plaintiff, who was a farmer, was solicited by the individual defendants, Lester E...

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