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PA. SECURITIES COM'N v. CONTINENTAL MFG.

465 Pa. 411 (1976)

350 A.2d 831

PENNSYLVANIA SECURITIES COMMISSION, Appellant, v. CONTINENTAL MANUFACTURING CO. et al.

Supreme Court of Pennsylvania.

Decided January 29, 1976.

Attorney(s) appearing for the Case

Martin H. Aussenberg, Asst. Atty. Gen., Pa. Securities Commission, Philadelphia, for appellant.

John J. Ross, Aliquippa, for appellees.

Before EAGEN, O'BRIEN, ROBERTS, POMEROY, NIX and MANDERINO, JJ.

OPINION OF THE COURT

EAGEN, Justice.

This is an action in equity instituted by the Pennsylvania Securities Commission [Commission] against the Continental Manufacturing Company, a Pennsylvania corporation [Continental], the corporate officers and certain of its employees seeking to enjoin the defendants from selling "unregistered securities" in violation of the Pennsylvania Securities Act of 1941 (Act of July 10, 1941, P.L. 317, § 1 et seq., formerly...

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