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DEDERICK v. NORTH AMERICAN CO.

48 F.Supp. 410 (1943)

DEDERICK v. NORTH AMERICAN CO. et al.

District Court, S. D. New York.

January 12, 1943.

Attorney(s) appearing for the Case

Louis Braun, of New York City, for plaintiff.

Sullivan & Cromwell, of New York City, for defendant North American Co.

Schenker & Schenker, of New York City, for defendant North American Light & Power Co.

Lawrence R. Condon, of New York City, for independent stockholders, amicus curiae.

Chester T. Lane, of Washington, D. C., for Securities and Exchange Commission, amicus curiae.

RIFKIND, District Judge.

Defendant, North American Light and Power Company, hereinafter called Light and Power, moved for judgment or, in the alternative, for a stay of the action pending the final determination by the Securities and Exchange Commission of proceedings pending before that Commission and instituted under the Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79 et seq. After argument the moving...

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