PEARSON, J.
Defendant, Zelmer Williams, appeals from a conviction of fraudulent sale of securities and sale of unregistered securities. The issue on appeal is whether fractional patent interests and fractional royalty interests in a patent are "securities" within the meaning of The Securities Act of Washington, RCW 21.20. For the reasons stated below, we affirm.
Defendant obtained a patent for a windshield wiper. In various transactions, he sold a 5 percent...
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