TCHEREPNIN V. KNIGHT, 389 U. S. 332 (1967)

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U.S. Supreme Court

Tcherepnin v. Knight, 389 U.S. 332 (1967)

Tcherepnin v. Knight

No. 104

Argued November 13, 1967

Decided December 18, 1967

389 U.S. 332

Syllabus

Withdrawable capital share in state-chartered savings and loan association held to be a "security" within the meaning of the Securities Exchange Act of 1934. Pp. 389 U. S. 335-346.

371 F.2d 374, reversed.