Huie v. Board of Commissioners of the Alabama State Bar

Parentheticals

• notes given by corporate organizers for bank loans to purchase corporation’s capital stock held not to be securities

  C.N.S. Enterprises, Inc. v. G. & G. Enterprises, Inc.

• note issued to bank in exchange for a loan, the proceeds of which were subsequently used to purchase stock of a corporation, treated as not within the Acts

  Fed. Sec. L. Rep. P 94,724 Securities and Exchange Commission v. Continental Commodities Corporation

• where defendant sold control stock to a third party, allegedly defrauding minority stockholders

  Morrow v. Schapiro

• corporate note used to satisfy one insider’s personal obligations to others

  Fed. Sec. L. Rep. P 94,737 Juanita McClure v. The First National Bank of Lubbock, Texas, Defendants-Appellees,gaines County Developments