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COMMONWEALTH & SOUTH. CORP. v. SECURITIES AND EXCH. COM'N

No. 8052.

134 F.2d 747 (1943)

COMMONWEALTH & SOUTHERN CORPORATION v. SECURITIES AND EXCHANGE COMMISSION.

Circuit Court of Appeals, Third Circuit.

Decided March 31, 1943.

Attorney(s) appearing for the Case

George Roberts, of New York City (John C. Weadock and Hayden N. Smith, both of New York City, and Joseph S. Clark, of Philadelphia, Pa., on the brief), for petitioner.

Robert M. Blair-Smith and John F. Davis, both of Philadelphia, Pa. (Homer Kripke, Asst. Solicitor, Roger S. Foster, Counsel, Public Utilities Division, Maurice C. Kaplan, and Arnold R. Ginsburg, all of Philadelphia, Pa., on the brief), for respondent.

Before BIGGS, MARIS, and GOODRICH, Circuit Judges.

MARIS, Circuit Judge.

The Commonwealth & Southern Corporation is a Delaware corporation duly registered as a public utility holding company under section 5 of the Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79 et seq. Its principal assets consist of the common stocks of ten public utility subsidiaries engaged, inter alia, in the business of furnishing electricity and gas. These subsidiaries are located within the states of Michigan, Illinois...

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