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PENFIELD CO. OF CAL. v. SECURITIES AND EXCH. COM'N

No. 10487.

143 F.2d 746 (1944)

PENFIELD CO. OF CALIFORNIA v. SECURITIES AND EXCHANGE COMMISSION.

Circuit Court of Appeals, Ninth Circuit.

Concurring Opinion July 19, 1944.

Rehearing Denied August 8, 1944.

Attorney(s) appearing for the Case

Morris Lavine, of Los Angeles, Cal., for appellant.

Roger S. Foster, Sol., Milton V. Freeman, Asst. Sol., and Louis Loss, Sp. Counsel, Securities and Exchange Commission, all of Philadelphia, Pa., and Charles J. Odenweller, Jr., Regional Administrator of Securities and Exchange Commission, of Cleveland, Ohio, for appellee.

Before DENMAN, MATHEWS, and STEPHENS, Circuit Judges.

DENMAN, Circuit Judge.

This is an appeal from a final order and decree entered by the district court on June 1, 1943, pursuant to Section 22(b) of the Securities Act of 1933, 15 U.S.C. § 77v(b), 15 U.S.C.A. § 77v(b),1 hereinafter called the Act. That order directed the appellant to comply with a subpoena duces tecum of the Commission requiring it to appear before an officer of the Commission and to produce certain of its corporate...

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