DRAPEAU, J. pro tem.
Defendant, Gerald V. Eisenhower, sold percentage interests in oil leases in Colorado to plaintiffs Nichols and Lassen. He did not have a permit from the Commissioner of Corporations of the State of California, authorizing the sales. And he knew that a permit was required.
After judgment for plaintiffs for the money they paid to Mr. Eisenhower, he went into bankruptcy.
Then he moved in the superior...
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