SECURITIES AND EXCHANGE COMMISSION
v.
CENTRAL-ILLINOIS SECURITIES CORP. ET AL.
Supreme Court of United States.https://leagle.com/images/logo.png
Argued January 12-13, 1949.
Decided June 27, 1949.
Attorney(s) appearing for the Case
Roger S. Foster argued the cause for the Securities & Exchange Commission. With him on the brief were Solicitor General Perlman, Robert L. Stern, Harry G. Slater, Jerome S. Katzin and Myer Feldman.
Lawrence R. Condon argued the cause for Streeter et al., petitioners in No. 227 and respondents in No. 266. With him on the brief was Milton Maurer.
Francis H. Scheetz argued the cause and filed a brief for the Home Insurance Co. et al., petitioners in No. 243 and respondents in No. 266.
Alfred Berman argued the cause for the Central-Illinois Securities Corp. et al., petitioners in No. 266 and respondents in Nos. 226, 227 and 243. With him on the brief were Abraham Shamos, J. Howard Rossbach, Philip W. Amram and Herbert L. Cobin.
Louis Boehm argued the cause for White et al., respondents. With him on the brief was Raymond L. Wise.
W. E. Tucker and Paul D. Miller were counsel for the Engineers Public Service Co.
Supreme Court of United States.
MR. JUSTICE RUTLEDGE delivered the opinion of the Court.
This case involves an amended plan filed under § 11 (e) of the Public Utility Holding Company Act of 19351 by Engineers Public Service Company. The plan provided, inter alia, for satisfying the claims of Engineers' preferred stockholders in cash as a preliminary to distributing the remaining assets to common stockholders and...
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