Show WARM SESSION IN IDAHO HOUSE HOUSEl Measure to Regulate Sale of ol Securities J Is S Passe Passed BOISE Feb 28 Ihy 28 By The Iho As- As Associated As Associated Press Idaho's Idaho's battle battle- worn battle worn new security sales regu regu- regulatory regu- regu regulatory act net proposed by the lie banks and banking committee to 10 sup sup- supplant supplant sup supplant plant existing blue sky laws was passed by the lower house of tho ho Idaho legislature today 37 to 31 Passage tollo followed ed another stormy session This measure was defeated last Thursday 29 9 lo to 38 wilh representatives reconsidering their ac- ac action action ac action tion by a 9 vote voto of 32 to 30 The new code includes securitIes which arc exempted un- un under un under der tho the present blue sky law The measure proponents claim Is desIgned principally to fraud and prevent pre activities lit of called so ao high pressure stock salesmen The Tho commissioner ot of finance Is authorized to cancel registration of securities for tor sale Sl upon a 1 showing sho Ing of ot Insolvency or fraud and all of ot his acts are sub sub- subJect sun sun- sub subject to review by the tho cou courts flog RoS- Reg Registration o of mining securities Is I permitted by notification 0 T O TW O SHELVED senators of 01 the me Idaho legis legislature lature latura opened today's session by killing two senate rz rag through indefinite postponement One by Whitten Boise would have havo permitted injured to 10 obtain services of physicians or hospitals at the expense of ot en em employers when medical surgical or hospital treatment furnished ii by on contract tract hospitals proved pro unsatisfactory unsatisfactory The other would have permitted municipally owned util- util utilIties util utilities to fix rates to io provide tr for Interest and depreciation charges Two house judiciary measures were approved to place probation officers under the supervision ot of probate judges judes and county com corn commissioners missioners mL and to permit the dl- dl di dis disposition position of ot community property when either cither husband or wife has hns become Insane Approval was given gl a senate memorial which petitions congress to repeal the federal Inheritance tax on th ho ground roun l that the present law Is an encroachment upon state te rights GASOLINE G PROPOSAL I One new bill was Introduced whIch amends the tho four cent gaso galo- gaso- gaso gasoline gasoline line IIno tax law to require the tho pay pay- pa payment payment ment of ot the tho tax upon purchased by the federal govern govern- government ment in en t 00 |