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CARNEY v. HANSON OIL CO., INC.

No. 66109.

690 S.W.2d 404 (1985)

Carl E. CARNEY, Plaintiff-Respondent, v. HANSON OIL COMPANY, INC., a corporation, and Sandra L. Wood, Defendants-Appellants.

Supreme Court of Missouri, En Banc.

May 29, 1985.

Attorney(s) appearing for the Case

James J. Moylan, Chicago, Ill., David B. Rogers, Columbia, for appellants.

Ann K. Covington, Columbia, for respondent.

John R. Perkins, Com'r of Securities, Jefferson City, for amicus.

DONNELLY, Judge.

This appeal is from a summary judgment permitting an investor to rescind his purchase of oil and gas interests under § 409.411, RSMo Supp.1982, because they were not registered prior to sale under § 409.301, RSMo 1978, and because there is no exemption from registration of such interests under § 409.402(b), RSMo 1978. At issue is whether § 409.402(b), as applied, violates the Supremacy Clause, the Commerce Clause, and the Equal...

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