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Show vu LEGAL POINT CROPS UP IN NOTE SUIT Taking of testimony in the case of the Guaranty Mortgage company of ( igden agulnxt liU-n Day, in Whlcb recovery re-covery of 1500 Is sought on an alleged promissory note, was completed before be-fore noon today and the case was continued con-tinued by Judg. George S Barker to a later date for argument. The note Is said to nave covered stock to have been purchased in the company, which Is alleged to be overdue over-due Day sought to have the note can- celled on the ground that the agent I who offered the stock for sale was inot authorized by the state securities commission It was shown this morning morn-ing that the company had authorization authoriza-tion to sell the stork, but there was no evidence to show that their agent was aut horlzed. The question is now a matter of law, whether or not an agent selling securities securi-ties must have authorization from the state securities commission in addition addi-tion to permission given the company |