Pennsylvania Securities Commission v. Robinson Development Corp.

Herman, J.,

— This case comes before us by way of an appeal by Robinson Development Corporation, appellant, from an adjudication of the Pennsylvania Securities Commission. The appeal was taken under authority contained in the Administrative Agency Law of June 4,1945, P. L. 1388, 71 PS §1710.1 et seq., and in conformity with Pa. R. C. P. 1 to 13 inclusive.

We are principally concerned here with the construction of section 2(f) (8) and the proviso following section 2(f) (17) of The Pennsylvania Securities Act of June 24, 1939, P. L. 748, as reenacted by the Act of July 10, 1941, P. L. 317, 70 PS…