Show STOCK BROKERS FAIL TO OBTAIN LICENSES Not moro more than 10 per cent o of the Stockbrokers doing business in the state according to the securities commission have complied with the law which requires them to take out outa a cense from the state securities commission nd Jid to file filo a bond with the commission In the sum of Secretary II H. C. C Hicks of the commission commission com corn mission has been Instructed to collect collect collect col col- col- col lect the license and require the filing i of the bond I Attorney General H. H H. H Cluff has submitted an opinion to the commission commission com corn I mission defining who are brokers and who must take out license This includes Investment companies The I opinion In short defines a dealer as one who in any manner attempts to dispose of the stock of ot or securities securities ties of an investment company as defined by the law and an Investment investment investment invest Invest- ment company is defined as one that shall engage In business for the sale of securities Issued by y the said in investment investment investment in- in I I vestment company I |