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SHEPHERD v. STATE

No. 5392.

439 S.W.2d 627 (1969)

J. R. SHEPHERD, Appellant, v. STATE of Arkansas, Appellee.

Supreme Court of Arkansas.

April 21, 1969.

Attorney(s) appearing for the Case

Harry C. Robinson, No. Little Rock, and Harold L. Hall, Little Rock, for appellant.

Joe Purcell, Atty. Gen., Don Langston, Asst. Atty. Gen., Little Rock, for appellee.

FOGLEMAN, Justice.

In its petition for rehearing the state admits that the evidence in this case was insufficient to support a conviction. The basis of this confession is the fact that under the evidence, appellant was not shown to have operated as a broker-dealer in violation of Ark.Stat.Ann. § 67-1237. There is no evidence that appellant acted or purported to act as a broker-dealer in this isolated transaction. A broker-dealer is one engaged in the business...

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