OKIN v. SECURITIES AND EXCHANGE COMMISSION

No. 19241.

143 F.2d 945 (1944)

OKIN v. SECURITIES AND EXCHANGE COMMISSION.

Circuit Court of Appeals, Second Circuit.

July 10, 1944.


Attorney(s) appearing for the Case

Roger S. Foster, Sol., and Homer Kripke, Asst. Sol., both of Philadelphia, Pa., Morton E. Yohalem, Counsel, Public Utilities Division, of New York City, and Sidney H. Willner and Alfred Hill, Attys., both of Philadelphia, Pa., for the respondent.

Samuel Okin, of New York City, pro se, in opposition.

Before SWAN, AUGUSTUS N. HAND, and CHASE, Circuit Judges.


PER CURIAM.

The order of which review is sought in this proceeding approves refinancing of a loan made by Electric Bond & Share Company to American & Foreign Power Co., Inc. The order was entered upon the joint application of the two companies. Electric Bond & Share owns 40.22% of the common stock of American & Foreign Power, as well as large blocks of its other securities. Originally two loans were made: $30,000000 in 1931 and $5,000,000 in 1932....

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