Ogden Morning Examiner | 1910-07-17 | Page 3 | Supreme Coury Upholds Nevada's Wildcat Law

SUPREME COURT UPHOLDS NEVADAS WILDCAT LAW LAWA A A decision sustaining the so called wildcat law of or Nevada has been handed down by br the Supreme Court of Nevada Novad The test case caso upon which the decision was rendered was of or orR R It C Moore against the Manhattan Verde Yer e company upon uvon a tl writ of man mandamus mandl damus danius dl nus compelling the officials of the tho company to stamp Its stock certificates cates with the words treasury stock and promotion stock rho The court In Its ruling defines treas treasury treasury ury ur stock stack as stock set aside for the actual development of dr a property Promotion stock stacIe Is Issued to those originally owning the property to deed to the company their holdings or for those forming the company for ser services er cr vices rendered It Is held that stock issued prior to lQ tho the enactment of 0 the law should not be stamped