IN THE MATTER OF ILLINOIS POWER CO.

Civil Action No. 1033.

84 F.Supp. 342 (1949)

In the Matter of ILLINOIS POWER CO. et al.

United States District Court D. Delaware.

May 26, 1949.


Attorney(s) appearing for the Case

Harry G. Slater and Joseph Auerbach, Washington, D. C., for the Securities and Exchange Commission.

Stoddard M. Stevens and Henry N. Ess, III (of Sullivan & Cromwell), New York City, for North American Co.

Caleb S. Layton (of Richards, Layton & Finger), of Wilmington, Del., and Clayton E. Kline, of Topeka, Kansas, for North American Light & Power Co.

Percival E. Jackson, New York City, for common stockholders.

Arthur E. Whittemore, of Boston, Mass., for Francis W. Emerson et al., common stockholders.


LEAHY, Chief Judge.

This is an application to require North American Light & Power Company ("Light & Power") to turn over to its public stockholders dividends collected by it since June 25, 1947, or, in the alternative, December 18, 1947, on stock of Illinois Power Company ("Illinois Power"), awarded to the public stockholders under the plan of dissolution of Light & Power. The plan was approved by the SEC June 25, 1947 and by this court on November 6...

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