IN RE AMERICAN GAS & POWER CO.

Civ. A. No. 419.

55 F.Supp. 756 (1944)

In re AMERICAN GAS & POWER CO.

District Court, D. Delaware.

June 6, 1944.


Attorney(s) appearing for the Case

David K. Kadane and Myron S. Issacs, both of Philadelphia, Pa., for the SEC.

C. A. Southerland (of Southerland, Berl & Potter), of Wilmington, Del., and Prescott Andrews, of New York City, for American Gas & Power Co.

Charles F. Richards (of Richards, Layton & Finger), of Wilmington, Del., and Melber Chambers (of Sage, Gray, Todd & Sims), of New York City, for New York Trust Co., trustee.


LEAHY, District Judge.

This matter is here on an application of the Securities and Exchange Commission pursuant to Section 11(e) of the Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79k(e), to approve a certain plan of American Gas and Power Company as fair, equitable, and appropriate to effectuate the provisions of Section 11(b) of the Act. At the hearing, both the corporation and the Commission supported the plan. The sole objection to the plan...

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