Show HUE BLUE SKY SWUM lAW LAV NOW NOV ON RECORDS OF HOUSE The Tho Ion long long- heralded blue sky law was Introduced In the tho house yesterday by John D. D Hooper of Weber count county It provides that all companies seeking to sell stocks or bonds In Utah must mUt prove to the satisfaction of the state bank examiner that the they have real ronI goods boods to sell ell and that the securIties ties offered are backed b by something more than blue sky According to tp tIe the tJ e bill complete statements statements state state- ments of ot the tho assets and properties backing securities much be flied filed and whenever In the opinion of the tho state tate bank examiner there Is 11 anything I h shady 1 or crooked tho the faults must be rectified or the company compan must cease busine business N In Utah The Tho bonk bank examiner Is la allowed full authority to examine Into the condition condition con eon of an any c concern offering ottering ties tics All AIl fees are to be bo turned over to the state treasurer and reapportioned back to tho the examiner for the expenses ex cx- of th the office I I |