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MARKETLINES, INC. v. CHAMBERLAIN

Gen. No. 50,142.

63 Ill. App.2d 274 (1965)

211 N.E.2d 399

Marketlines, Inc., a New York Corporation, Plaintiff-Appellant, v. William H. Chamberlain, Secretary of State of the State of Illinois, Defendant-Appellee.

Appellate Court of Illinois — First District, First Division.

October 4, 1965.

Attorney(s) appearing for the Case

L. Louis Karton, of Chicago, for appellant.

William G. Clark, Attorney General, of Chicago (Richard A. Michael, A. Zola Groves, Robert Scharfman, Edward A. Berman, and John J. O'Toole, Assistant Attorneys General, of counsel), for appellee.

MR. JUSTICE MURPHY delivered the opinion of the court.

This is an administrative review action. Plaintiff appeals from an affirmance by the Circuit Court of a decision of the Secretary of State, which prohibits plaintiff "from acting as an investment adviser in the State of Illinois except in compliance with The Illinois Securities Law of 1953." Ill Rev Stats 1963, ch 121 1/2, § 137.1 et seq.

Plaintiff, Marketlines, Inc., is a New York corporation engaged...

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