The Birmingham age-herald., 1919-07-27
NAMES OF OFFICERS


 is the requirement that the Corporation, CO., partnership or unincorporated asso- citation or persons receiving the same (permit) shall file a list of the names of their or it's authorized officers, agents or employees and the postoffice address of each; and III case of the changes of any of it's officers, agents or employees or of their postoffice address, it shall file a list of such changes with the super intendent of banks"
 Section says: Every foreign corpora tion before selling or offering for sale any ST eculative securities in this state shall also file it's written consent, irrevocahle, that actions may be commenced against it in the proper courts of any county in this state in which a cause of action may arise. by the service of process on the secretary of state, and stipulating and agreeing that such service or process on the secretary of state shall be taken and held in all courts, to be as valid and binding as if due service had been made upon the company itself, according to the laws of this or any other state, and such instrument shall ne authenticated by the seal of said foreign corporation, and shall be accompanied by duly cer- tified copy of the order or resolution of the board of directors. trustees or man. agers of the corporation authorizing the said secretary and president to execute the same"
 Section permits the superintendent of banks to make an inspection. ascertaining whether or not the guarantors of such security are reliable. The examination shall be at the expense of the promoter of the stock or speculative securities. The bill permits the superintendent to order the withdrawal of companies that dc not produce such information as is desired by the state superintendent of banks
 Section fixes the duty of the commits sion, follows:
 Section 6. If the state securities com mission, from the statements, papers and documents on file, and from the investi- gation, appraisal and report of the state superintendent of banks, and from the evidence furnished or from it's own in- vestigation, shall find CD that the mak- CTS or guarantors of such securities are insolvent, or are in failing circumstances or are not trustworthy; @ that the pro- moter's plan of business is unfair, in equitable, dishonest fraudulent; (9l that the promoters plan of business does not adequately secure the investors against the unlawful dissipation or mis- application of the funds of the enterprise or business: (N that the promoters liter ature or. advertising is misleading and call culated to deceive purchasers or invest ors; (5) that the securities offered or to be offered, or issue or to be issued in pay ment for property, patents, formulate, good will, promotion or intangible asset, are in excess of the reasonable value thereof; (6) that the enterprise or business of the promoter is unlawful or against public policy; @ or is mere scheme of the promoter or promoters to dispose of worthless securities securities of no value, at the expense of the pur- chasers of the aforesaid securities; the said state securities commission shall re- duce it's findings to writing and attest the same by the signature of the chair man and secretary thereof and shall re- fuse to issue a permit to the applicant or applicants for the sale of such securi- ties, and it shall thereafter be unlawful for the promoter or any broker or agent of such promoter to sell or offer for sale by means of any advertisement or cir cular or prospectus, or by any other form of public offering to attempt to promote the sale of the securities of such specula- tive enterprise in this state."
 Punishment ranging from $50 to 5000 is provided for in the act.
 
 The practice of law by women was l legalized by the Wisconsin legislature l