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STATE v. SMITH

No. D-484.

151 So.2d 889 (1963)

STATE of Florida, Appellant, v. W. Robert SMITH, Appellee.

District Court of Appeal of Florida. First District.

April 18, 1963.

Attorney(s) appearing for the Case

Richard W. Ervin, Atty. Gen., and James G. Mahorner, Asst. Atty. Gen., for appellant.

Charles A. Savage, Ocala, and Chester Bedell, Jacksonville, for appellee.

RAWLS, Judge.

The sole question under consideration is the propriety of the action of the Circuit Court of Marion County in quashing an indictment which alleged in fourteen counts that W. Robert Smith sold unregistered securities in violation of the law. The statutes allegedly violated are F.S. Section 517.07, F.S.A. which provides:

"No securities except of a class exempt under any of the provisions of § 517.05 or unless sold in any transaction exempt...

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