ALBERT C. RITCHIE, GOVERNOR 1135

SEC. 2. And be it further enacted, That this Act shall take
effect on and after June 1st, 1920.
Approved April 16, 1920.

CHAPTER 552.

AN ACT to prevent fraud respecting securities offered for
sale within the State of Maryland, and to provide a sum-
mary proceeding therefor, and for other purposes relating
thereto, by adding four (4) additional sections to Article
32A of the Annotated Code of Public General Laws of
Maryland, entitled, "Department of Law," to be num-
bered 11, 12, 13 and 14.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That four (4) new sections are hereby added to
Article 32A of the Annotated Code of Public General Laws of
Maryland, entitled "Department of Law," to be known as
Sections 11. 12, 13 and 14, for the purpose of preventing fraud
respecting securities offered for sale in the State of Maryland,
and to provide a. summary proceeding therefor, and for other
purposes relating thereto, said sections to read as follows r

SEC. 11. If it shall appear to the Attorney-General of the
State of Maryland that in the issuance, sale, promotion, nego-
tiation, advertisement of, or distribution of any stocks, bonds,
notes or other securities within the State of Maryland, any
person, partnership or corporation is employing or is about
to employ any device, scheme or artifice to defraud, or for
obtaining money or property by means of any false or fraudu-
lent pretense, representation or promise, or the said Attorney-
General believes it to be in the interest of the public that an
investigation be made with a view to the issuance of an order,
such as herein provided, he may require such person, partner-
ship or corporation to file with him a statement in writing
under oath as to all facts concerning the same, and for that
purpose may prescribe forms upon which said statements shall
be made. The Attorney-General may require, in addition there-
to, such further data and information as he may deem relevant
and make such special investigation as may be necessary, and
for the purposes of this Act the Attorney-General, or an
Assistant Attorney-General duly authorized by him, shall have
power to require by subpoena or summons, the attendance and
testimony of witnesses and the production of any brinks ac