HEANEY, Circuit Judge.
Plaintiffs, minority stockholders of the Bagnell Investment Company, commenced an action in the United States District Court for the Eastern District of Missouri under the Interstate Land Sales Full Disclosure Act, 15 U.S.C. §§ 1701 et seq. (1968). They alleged that the defendants—Bagnell and its controlling stockholders, officers and directors —had conveyed individual lots to purchasers without having blanket mortgages...
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