Interstate Land Before a Subcommittee of ..., 89-2 on S.2672, June 21, 22, August 18, 19661966 - 515 pages |
From inside the book
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Page vii
... Action against by : State of Washington . Page 111 199 506 State of Vermont _-- Black Lake Shores ; sample letter sent to prospective customers .. Hansen , Art , assistant attorney general , State of Washington , letter statement to the ...
... Action against by : State of Washington . Page 111 199 506 State of Vermont _-- Black Lake Shores ; sample letter sent to prospective customers .. Hansen , Art , assistant attorney general , State of Washington , letter statement to the ...
Page 5
... action during the past 2 years . This has been a period in which the mail - order land industry in Florida has enjoyed spectacular growth . According to the best available estimates , sales in 1963 totaled $ 500 million . Last year ...
... action during the past 2 years . This has been a period in which the mail - order land industry in Florida has enjoyed spectacular growth . According to the best available estimates , sales in 1963 totaled $ 500 million . Last year ...
Page 36
... action be filed against . this ? Mr. FOGARTY . He wasn't violating any Florida law . They were selling for all cash , and our law was only on installment contracts . So there is a loophole in the law . Senator WILLIAMS . I see . Mr ...
... action be filed against . this ? Mr. FOGARTY . He wasn't violating any Florida law . They were selling for all cash , and our law was only on installment contracts . So there is a loophole in the law . Senator WILLIAMS . I see . Mr ...
Page 38
... action , then controls must be given to a higher authority . Senator WILLIAMS . Now , coming back to the Golden Palm Acres , is this the area that is within a flood control district ? Mr. FOGARTY . I can point it out here . ( A map of ...
... action , then controls must be given to a higher authority . Senator WILLIAMS . Now , coming back to the Golden Palm Acres , is this the area that is within a flood control district ? Mr. FOGARTY . I can point it out here . ( A map of ...
Page 40
... ACTION ! They know that Florida is the fastest - growing major state in the nation with hundreds of thousands of new residents pouring in each and every year . They know that choice land MUST rise in value because these people cause an ...
... ACTION ! They know that Florida is the fastest - growing major state in the nation with hundreds of thousands of new residents pouring in each and every year . They know that choice land MUST rise in value because these people cause an ...
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Common terms and phrases
acreage activity advertising agency amendment attorney BERTOCH Better Business Bureau bill Brazil brochure buyer California Chairman COHEN Collier County committee County court Dade County deed DICKSON easement effective EMLEN exempt fact Federal Government filing Florida Installment Land FOGARTY fraud statute FREAR full disclosure Golden Palm Acres Harney County hearing HOFFMAN industry Installment Land Sales interest interstate commerce interstate land sales investment investors JEFFREYS Jersey jurisdiction KOSSACK Lake Havasu City Land Sales Board lots mail fraud McCulloch McCulloch Properties ment Miami Miami Herald miles MOYLE offering operations Oregon out-of-state parcels person Pilnick present problem promoters proposed prospective purchaser prospectus protection question Real Estate Commission Realtors record registration statement regulation Securities and Exchange SELIG selling Senator MONDALE Senator THURMOND Senator WILLIAMS sold subcommittee subdivided lands subdivision testimony tion U.S. Senate WENIG
Popular passages
Page 417 - It shall be unlawful for any person to make any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading, or to engage in any fraudulent, deceptive, or manipulative acts or practices, in connection with any tender offer...
Page 244 - ... every accountant, engineer, or appraiser, or any person whose profession gives authority to a statement made by him, who has with his consent been named as having prepared or certified any part of the registration statement...
Page 152 - If, before the date set for hearing, application is made to the court for leave to present additional evidence on the issues in the case, and it is shown to the satisfaction of the court that the additional evidence is material and that there were good reasons for failure to present it in the proceeding before the agency...
Page 150 - The Commission may, in its discretion, make such investigations as it deems necessary to determine whether any person has violated or is about to violate...
Page 436 - Every permit shall recite in bold type that the issuance thereof is permissive only and does not constitute a recommendation or endorsement of the securities permitted to be issued.
Page 150 - Rule 30 (b) or (d) , the deponent may be examined regarding any matter, not privileged, which is relevant to the subject matter involved in the pending action, whether it relates to the claim or defense of the examining party or to the claim or defense of any other party, including the existence, description, nature, custody, condition and location of any books, documents, or other tangible things and the identity and location of persons having knowledge of relevant facts. It is not ground for objection...
Page 252 - ... had, after reasonable investigation, reasonable ground to believe and did believe, at the time such part of the registration statement became effective, that the statements therein were true and that there was no omission to state a material fact required to be stated therein or necessary to make the statements therein not misleading...
Page 152 - ... did not know, and in the exercise of reasonable care could not have known, of such untruth or omission...
Page 150 - ... (b) For the purpose of any such investigation^ or any other proceeding under this title, any member of the Commission or any officer designated by it is empowered to administer oaths and affirmations, subpena witnesses, compel their attendance, take evidence, and require the production of any books, papers, correspondence, memoranda, or other records which the Commission deems relevant or material to the inquiry.
Page 150 - ... and may require or permit any person to file with it a statement in writing, under oath or otherwise as the Commission shall determine, as to all the facts and circumstances concerning the matter to be investigated.