Illinois News Index

McHenry Plaindealer (McHenry, IL), 19 Aug 1954, p. 7

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^ Thursday, August. 19.1954 :1TOY PLAINDEALER SECURITIES SALE OF QUESTIONABLE VALUE PREVENTED QT STATE Stricter provisions of the new Illinois Securities Law and'vigorous enforcement of those provisions have resulted in administrative proceedings being taken against 129 compaiuep* who proposed s to offer mor^ than $38,- 0n0it0 ,000 i«n securities for sale in les F1 nnrnonHov. Jm>- -r.r.GUiiCvu •••*• The ncv,' "Blue Sty Law"' was sponsored by Secretary Carp emptier rand v, aj passed by the-1953 session of the General Asscnebly. It became effecti^ Ja»v 1, 1954. Of tile total, •actioifS against only thirty-six ijf the issuers^- whose securities were valued at a little more than. $5,000,000 were dismissed, Mr. Carpentter said. Prohibition orders, ^jpohibiting the sale of the securities, were sent to fifty-two of ^e1' companies, whose securities! valuations were almost $19,000,000, The cases of the remaining forty-one companies, with securities valuations of almost $14,000,000, are still pending. The administrative proceedings constitute a new provision in the law enabling the Secretary of State to ban, without court action, the sale of securities which appear to be fraudulent, inequitable or would tend to work a fraud. They result primarily from the sal^ or offering for sale of securities not registered with Secretary Carpentier's office. The procedure^ te to_ notify. tftg. companies of the provisions' of the law. If they fail to comply wfttf the law or fail to respond, a pub" lie hearing is called tovdetermine whether the sale is legal, and whatever action is considered appropriate on the basis of data presented at the hearing is taken. Dismissals of cases result when the companies comply with the registration^ provisions of the law, when they; submits ffWovfte m&j w m uui aeu in Illinois Vw.v:,< liicy aw uble> to siiow that their securities come under one of the exemption provisions of the law or when the Securities ai^d Exchange Commission in Washington, D.C., notifies the Secretary of State's office "that the companies have withdrawn their statements of intention to sell in Illinois. The fact that dismissals were granted to only thirty-six out of the eighty-eight companies against whom action has been completed indicates that the sale of almost $19,000,000 in securities of questionable value has been prevented in this state, Secretary Carpentier said. WISCONSIN FAIR "The Wisconsin State Fair Fte-r vue of 1954," a brand new musi c&l show that rivals Broadway productions for color, talent, mu sic and comedy, will be the featured night attraction in front of the grandstand at the Wisconsin State Pair, starting Saturday night, Aug. 21, and running through Saturday night, Aug. 28, W. M. Masterson, fair manager, has announced. Attention Farm Owners The hew, modern "DRIVE-ON" Gate -- Permits passage of cars, trucks, tractors -- BUT stops all livestock. " . Animals cannot break legs tir it, trrowd through' or jump oyer it. ' "DRIVE-ON" Gate works in mud, drifted snow and ice. f $169.50 INSTALLED "DRIVE-ON" Gale can be seep in McHenry. LEIBACH DOOR COMPANY McHENRY 1187-R Farmers Trading liWwtAAAA/VVVt/VUVAAn/VWVVWIAAft/VUtAAA/VtflM R. M. FLEMING & SON J9LLIS NEW IDEA -- PAPEG DEALER TRACTORS SALES & SERVICE A Complete Farm Implement Service. PHONE McHENRY S3 622 Waukegan Road McHENRY EQUIPMENT CO. Dead Animal Removal WHEELING RENDERING WORKS Be Legal, Keep a Clear Conscience Prompt Service, Day or Night Sundays and Holidays No help needed to load. Operating under State Inspection Made by Dept. of Agriculture. Highest cash prictes vpaid. Phone Wheeling 3, collect. • 45-tf GEO. P. FREUND Authorized Dealer for SALES & SSppCE Farm Implement* eiltd Tractors Universal Milkers New Holland Farm* Machinery PHONE McHENRY 420 501 Crystal Lake Road SALES & SERVICE GTJS FREUND PHONE McHSNHr 185 803 W. Elm St. (Basement) USE -- Ful-0-Pep Fitting Feed To Condition And Fit Your Show Animals To Get Your Heifers Off To A Good Start Feed 4 Lbs. Per Day To Your Dry Cow* McHENRY COUNTY FARMERS CO-OP ASSN. PHONE McHENRY 729 523 Waukegan Road WANTJCD -- Down and crippled cattle at better cash prices. Orville Krohn, Woodstock. Phone 1651-R-l, collect. *15-fcf FOR SALE -- 27 head of Whiteffaced Hereford feeder -cattle. Tel. McHenry 802. 15 McHENRY MILLS, Inc. HOGS WANTED -- All classes and weight for highest net return. Monday through Friday 8 a.m. to 1 p.m. Marengo Daily Hog Market, phono Marengo 262. 50-tf Pel., •ft .•? W'.'.v;.'?; Poultry, Hog & Cattle Feeds PHONE McHENRY 81(1 506 Crystal Lake Road THOSE WERE THE'DAYS By ART BEEMAN: ^TTRV, DEAR,--But NOTHING BUT THE TRUTH By; Arnold FISUEES CONFUSE MB .1 WHATS "iktS? WiTH A WEEKLY LUNCH MSMSY AVERA0E OF *7.14 AND BUS FARE OF $ 1.75 NOUR SALARY STILL, ALL \OU WAvfe TO DO 13 ADD THOSf® 5 PLUS 2 WERE THE NATURAL & has twice the heafc 'value of (Jht'tem IN THE OLD manufadi\mA gas/J DAVS, MOTHER DIDN'T UNDER STAND FINANCES SWE'6 A REGULAR QU12 KID I A LEAD PENCIL CAKI MAKE A HUB OVEfc Z5 MILES LOH6 HOSSFACEHANK By FRANK THOMAS INDIAN B0VS in ihe EVK&ADE of FLORIDA t*Me§TLe Aumons YOU SHOULD MEET THE MAN I LOST IMPLORE HIM NOT TO BRAG - WHEN HE R-ODEr AWAY FROM ME, HEART WAS IN HIS SADDLE-BAG. J\ (SNIFF ) DIAMOND ¥A\NVM JT WAS V-U.SHOVN ME V JUST A SONS, THE PLTCHUR...»'LL\ HOSSFACE.. FINOTHET FELLER.) ..THIS IS A EF IT'S THE LAST AT PICTURE THINS I EVER OF MY OOi HE TOOK MV HEART AND RODE AVMAV.. -I'VE NOTHING LEFT *> * TO CLAIM V BUT EMPTY OAXS AND LONELY NIGHTS ... A FADED PHOTO GILDED FRAME * $ 1 WITHOUT A AUNT Break./ ELLA ' to shrill vlsitiwq tourists' •NA1VB> Reltawd by Smit ~5<9MWS. K&OctEtrc*L NlJ. SONNY SOUTH By COURTNEY ALDERSON Twa cewter».of U.S. population is still wovina | WStu/AZDJ AH GOT IT/ RULE PONt ABOUT WAT DOES IT I'M too BUSY TO see L ANVONE/ TELL 'EM TO \ COME BACK TOMORROW.' • CAM'T VT>U SEE I'M VX/OFTXIY THERE S SOMEONE TO SEE you, MR. •BANKUS.' rj,y rJW I KG ON THE -PAYiaofcl.? RURAL DELIVERY By AL SMITH VOUCOULDNT V NO,HOtffe% LIV/E WITHOUT 1 WITHOUT V0U WOULD you EWER MARRV AGAIN P r WOULONT GO THAT HUTS' JULIUS, DARLING, whv DO VOU LOVE ME ? WHV-5 OH. IDUNHO/ LOTS OF REASONS/ rGUESS rD 60 NUTS' ME, COULD you? LITTLE FARMER By KERN PEDERSON Uncle RCMBMd M Smith A fellers first kiss is iike a new sewin' machinei, It seems so good. If you lend a feller ten bucks --and never see him again, sometimes it's worth it. If we'd see otfr^eTVes as others see us we wouldn'f" lieve it. It's no credit to be born a gentleman but it's an achievement to die one. ouitns as satisfyin' as git tin ~ a tax refund. Tubby Tyler says that when he starts reachin for his hat his wife will usually shut up. OFF MAIN STREET By JOE DENNETT - Q ;a o'eoy/ WHAT A fwo HOURS LATER DAy FOR A PICNIC / MEATBALL, YOU KEEP VOOR EVE ON THE CHOW WHILE WE 6RA0.OFF A SWIM/ You can't take it with you and you're blamed lucky to keep it while you're here. Deacon Green says there was 14 buttons, 2 washers and a poker chip in the collection plate last Sunday. tMS^TTlNW ME HUNGRy/ M TOO1 One way to take your troubles off your mind is to take up horseback ridin*. --REV CHARLEY GRANT BURP It s better to go to church to behave rather than to be seen. ACROSS Beloved Appear to h« Waik proudly Weird Military assistant Angers Tidings Afttennaa Abets Ova Wanders Mimicked Frolic In this place Vend Observe Contend lrnit C nmson Toward 1 1. Separate .5, Onaper 8. Notion 12. Charles Lamb's pen name 13. Sun 14. <;roan 15. Pester 17. Wettest 19. Bind 21. Browns 22. Abandons 26. Either 27. Before 28. Amuse 83. Bewildered 35. Part of to be 36. Father 37. Measure again 40. MoistOre on grass 41. Atlantic state (abbr.) 42. Female tiger 44. Plant parasites 48. Self esteem 49. Satisfies 51. Taste 55. Nobleman 56. Allow 58. Belonging to me 59. Colors 60. The lion 6L Sow DOWN By TOM OKA n DEEMS Solution fcckated by Smith Sctvk* Dctnmst. N. J. I GRANDPA'S BOY By BRAD ANDERSON MN W£ HAVE. PON'T LOOK eo OLX> TO !££L ' LITTLE OLD LAW ACOOKi^OW t. Fondle 2. Malt drink 3. Narrow inlet 4. Savor 5. Like 6. "Turf 7. Narrow board" 8. Gives 9. Female deer 10. A direction 11. Insects 16. Ireland IS. Anchor 20. Volcano (pi) £3 \

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