NEW YORK, July 24.—The attor ney general's co, «Ww has launched a crusade under the state Dines by law today obtained a su preme court injunction restraining the Pyramid Pictures Inc. Smallwood Co., and Arthur N. Smallwood from selling any more securities. The injurnction returnable next Fri day was on the allegation that defendants had a sufficient ads on Hand to warrant isonance of 2.000.000 of aseurities as contem