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SECURITIES AND EXCHANGE COMMISSION v. JONES

12 F.Supp. 210 (1935)

SECURITIES AND EXCHANGE COMMISSION v. JONES.

District Court, S. D. New York.

August 12, 1935.

Attorney(s) appearing for the Case

John J. Burns, of Washington, D. C. (Francis Currie and Francis S. Walker, both of Washington, D. C., of counsel), for applicant.

H. I. Fischbach, of New York City (Harry O. Glasser, of Enid, Okl., and J. N. Saye, of Longview, Tex., of counsel), for respondent.

CAFFEY, District Judge.

The condition of the calendars in this district and the pressure of other business demanding attention prevent thorough discussion. Unavoidably, comments must be hurried and in rather discursive form.

Two problems are presented. One relates to interpretation; the other to validity. I shall take up the interpretation phase first.

The petition is in conformity with the substantive provisions of the statute.

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