KERR, District Judge (assigned).
This case involves the application of the Securities Act to transfers of management stock from one director of the Uranium Petroleum Company, J. Darrell Nicodemus, to a second director of the corporation, Sam Day; and from the second director to a third party, L. P. Athas; and thence to several individuals. Some of the individual purchasers, together with L. P. Athas bring this suit against Sam Day for damages and to recover the consideration...
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