(Download) "Polaris International Metals Corp. V. Arizona Corporation Commission" by Arizona Supreme Court ~ eBook PDF Kindle ePub Free
eBook details
- Title: Polaris International Metals Corp. V. Arizona Corporation Commission
- Author : Arizona Supreme Court
- Release Date : January 27, 1982
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 80 KB
Description
Polaris International Metals Corporation [Polaris] and James Concannon, President of Polaris, filed a declaratory judgment action against appellees. The purpose of the action was to: (1) void the Arizona Corporation Commission's [the Commission] Cease and Desist Order with Docket No. S-1343-I issued March 26, 1971; (2) hold A.R.S. § 44-1841 unconstitutional to the extent it applies to interstate commerce; (3) rule that Polaris' stock sales from January 1, 1973 to the time the complaint was filed were within the exemptions of A.R.S. § 44-1844; and (4) find the Commission's investigation of Polaris unreasonable and order it restrained. From the trial court's order of April 21, 1980 granting appellees' Motion to Dismiss, appellants appeal. The thrust of the motion was that appellants had failed to state a claim for which relief could be granted, Ariz.R.Civ.P. 12(b)(6). Taking jurisdiction pursuant to Ariz. Const. Art. 6, § 5(3) and Ariz.R.Civ.App.P. 19(e), we affirm in part and reverse in part the trial court's order and remand for further proceedings consistent with this opinion.