Rose

People v. Rose

Good Law
110 Cal. App. 648·1930 Cal. App. LEXIS 200·294 P. 487
Court of Appeal of CaliforniaDecember 26, 1930Docket No. 1594.California1,802 words

Opinion

Lead Opinion

Knight, J.

Appellant was indicted for the crime of grand theft, the specific charge being that he unlawfully took, stole and carried away the personal property of Mrs. Blanche Thomas, consisting of fifty shares of the capital stock of the American International Corporation, of the value of #4,000. Upon trial before a jury he was found guilty, and this appeal was taken from the judgment of conviction and the order denying his motion for a new trial.

One of the grounds urged for reversal is that the evidence is legally insufficient to sustain the judgment. The essential facts are as follows: Mrs. Thomas wanted to invest \ some money in corporate stock, and being entirely inexperienced in such matters she subscribed for a weekly publication edited by appellant, which purported to furnish information as to the condition of the stock market. After taking the publication for a few months she called on appellant at the offices of the publication, as a result of which she was induced to invest $1,000 in the stock of a company known as the “Coast Foundation”. Shortly afterward she again conferred with him and was then advised to purchase Rainier Pulp and Paper Company stock,' which she agreed to do;…

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