DOYLE, Justice.
Plaintiff in error will be referred to as the Bank. It seeks review of a judgment of the district court holding it liable for amounts paid by defendants in error, hereinafter referred to as plaintiffs, for securities. Recovery was pursuant to the Federal Securities Act and the Security Law of Colorado, C.R.S. '53, 125-1-1 et seq. Reference to Nielsen and Newton, defendants in the district court, will be by name.
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