OCR Text |
Show tempting to collect 100 per cent assessment on $-100 worth of stock which Mr. Cullimore had purchased from the old Pan company com-pany and from the Motor Parts company. The evidence showed that Mr. Cullimore had bought stock in the old Pan company, then when this went defunct turned his stock back and bought into the Diamond Motor Parts company. This paid dividends for a time and Mr. Cullimore Culli-more bought more stock, finally to be assessed for a 100 percent levy after this company faltered. Court Airs Stock Deal Declaring that no company from an outside state should be per-j per-j mitted to come to Utah and sell stock without a permit, even under the guise of a receivership, Judge M. M. Larson Saturday rendered a decision in which he found in favor of A. L. Cullimore of Lindon, who was the defendant in an action ac-tion brought by the Diamond Motor Parts company as receivers for the old Pan company. The Minnesota company was at- |