MORRIS v. SECURITIES AND EXCHANGE COMMISSION


116 F.2d 896 (1941)

MORRIS et al. v. SECURITIES AND EXCHANGE COMMISSION.

Circuit Court of Appeals, Second Circuit.

January 13, 1941.


Attorney(s) appearing for the Case

Chester T. Lane, General Counsel, Christopher M. Jenks, Asst. General Counsel, and John Logan O'Donnell, all of Washington, D. C., for respondent.

Davis, Polk, Wardwell, Gardiner & Reed, of New York City (George A. Brownell, Porter R. Chandler, and Lester H. Chase, all of New York City, of counsel), for intervenor.

George L. Schein, of New York City (Joseph M. Cohen, of New York City, of counsel), for petitioner.

Before L. HAND, SWAN, and CLARK, Circuit Judges.


SWAN, Circuit Judge.

The petitioners, as a committee for holders of 7% preferred stock of International Paper & Power Company, filed their petition in this court on January 25, 1940 to review and set aside an order of the Securities and Exchange Commission dated November 28, 1939. The commission has moved to dismiss the petition and the company has moved for leave to intervene in order that it may likewise move to dismiss it.

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