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PUBLIC SERVICE CORP. v. SECURITIES AND EXCHANGE COM.

No. 7879.

129 F.2d 899 (1942)

PUBLIC SERVICE CORPORATION OF NEW JERSEY v. SECURITIES AND EXCHANGE COMMISSION.

Circuit Court of Appeals, Third Circuit.

Decided August 12, 1942.

Attorney(s) appearing for the Case

Wendell J. Wright and William H. Speer, both of Newark, N. J. (George W. Grimm, Jr., of Newark, N. J., on the brief), for petitioner.

John F. Davis, of Philadelphia, Pa. (Chester T. Lane, Gen. Counsel, Homer Kripke, Sp. Counsel, and Maurice C. Kaplan, all of Philadelphia, Pa., on the brief), for respondent.

Before BIGGS, MARIS, and JONES, Circuit Judges.

MARIS, Circuit Judge.

The Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79 et seq., provides for the imposition of duties and liabilities upon holding companies and subsidiaries of holding companies. Section 2(a) (8) of the Act, 15 U.S.C.A. § 79b (a) (8), defines "subsidiary company" and authorizes a company to file with the Securities and Exchange Commission an application for an order declaring that it is not a subsidiary company of a specified...

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