#### The People of the State of Illinois ex rel. Robert E. Crowe, State’s Attorney, defendant in error, v. Arthur George Hulbert, plaintiff in error.

Gen. No. 29,523.

Prosecution for violation of Illinois Securities Law. Defendant convicted. Error to the Municipal Court of Chicago; the Hon. Philip J. Finnegan, Judge, presiding. Heard in the second division of this court for the first district at the October term, 1924.

Reversed and remanded.

Opinion filed April 3, 1925.

P. R. Boylan and Gurdon Williams, for plaintiff in error.

Robert E. Crowe, State’s Attorney, for defendant in error; Edward H. Taylor, Mortimer C. Grover and Edward E. Wilson, of counsel.

Mr. Justice Barnes

delivered the opinion of the court.