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STRAHAN v. PEDRONI

No. 24877.

387 F.2d 730 (1967)

Joe G. STRAHAN d/b/a Strahan Drilling Company and L. T. Murphy, Appellants, v. Frank A. PEDRONI et al., Appellees.

United States Court of Appeals Fifth Circuit.

December 12, 1967.

Attorney(s) appearing for the Case

Marion R. Shepard, Jacksonville, Fla., for appellant, Mathews, Osborne & Ehrlich, Jacksonville, Fla., of counsel.

Robert S. Smith, Jacksonville, Fla., for appellees, Rogers, Towers, Bailey, Jones & Gay, Jacksonville, Fla., of counsel.

Before JONES and GODBOLD, Circuit Judges, and SCOTT, District Judge.

SCOTT, District judge:

Appellees brought suit under the Federal Securities Act of 1933, 15 U.S. C.A. § 77a et seq., and under the Florida Sale of Securities Law, Florida Statutes, § 517.01 et seq., F.S.A., for rescission of a written contract whereby appellants agreed to sell certain fractional shares in gas wells to appellees in violation of the registration requirements of these Acts. Jurisdiction over the Federal...

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