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GOWDY v. RICHTER

No. 57691.

20 Ill. App.3d 514 (1974)

314 N.E.2d 549

SUZANNE G. GOWDY, Individually and as Adm'r of the Estate of Howard F. Gowdy, Deceased, Plaintiff-Appellee, v. WALTER H. RICHTER et al., Defendants-Appellants.

Appellate Court of Illinois — First District (3rd Division).

June 20, 1974.

Attorney(s) appearing for the Case

Stephen C. Shamberg and Friedman, Koven, Shapiro, Salzman, Koenigsberg, Specks & Homer, both of Chicago, for appellants A.C. McClurg & Co. and Philip Weisman.

John L. Fogel, of Chicago, for appellant Robert H. Greenberg.

Samuel E. Hirsch, of Chicago, for appellant Walter H. Richter.

Querrey, Harrow, Gulanick & Kennedy, of Chicago (Donald C. Gancer and Francis B. Stine, of counsel), for appellees.

Affirmed in part, reversed in part.

Mr. PRESIDING JUSTICE McNAMARA delivered the opinion of the court:

Howard F. Gowdy filed an action under the Illinois "Blue Sky" Law (Ill. Rev. Stat. 1967, ch. 121 1/2, par. 137.1 et seq.) in the circuit court of Cook County seeking to rescind his $20,000 purchase of 200 shares of allegedly unregistered stock in Continental-Harrison Company, a Delaware corporation. Joined as defendants in the suit were Walter H. Richter...

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