Sears v. Nebraska

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• notes given by corporate organizers for bank loans to purchase corporation’s capital stock held not to be securities
• note issued to bank in exchange for a loan, the proceeds of which were subsequently used to purchase stock of a corporation, treated as not within the Acts
• where defendant sold control stock to a third party, allegedly defrauding minority stockholders
• corporate note used to satisfy one insider’s personal obligations to others

Source: CourtListener parenthetical corpus (CC0).