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RESOURCES CORP. INTERNAT. v. SECURITIES, ETC., COM'N

No. 7218.

103 F.2d 929 (1939)

RESOURCES CORPORATION INTERNATIONAL v. SECURITIES AND EXCHANGE COMMISSION et al.

United States Court of Appeals for the District of Columbia.

Decided February 27, 1939.

Attorney(s) appearing for the Case

George P. Hoover and James R. Murphy, both of Washington, D. C., for appellant.

Thomas J. Lynch, Robert E. Kline, Jr., and Chester T. Lane, all of Washington, D. C., for appellees.

Before GRONER, C. J., and MILLER and VINSON, JJ.

GRONER, C. J.

Plaintiff (appellant) is a Delaware corporation and through stock ownership controls various other corporations owning, leasing, and selling timber and ranch lands in the Republic of Mexico. On July 5, 1938, it filed in the District Court its bill in equity against the Securities and Exchange Commission and the individual commissioners. The court on motion of the Commission dismissed, and this appeal followed.

The bill alleged that on February...

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