IN RE INTERSTATE POWER CO.

Civ. A. No. 1003.

89 F.Supp. 68 (1950)

In re INTERSTATE POWER CO., OGDEN CORPORATION.

United States District Court D. Delaware.

On Rehearing March 2, 1950.


Attorney(s) appearing for the Case

Harry G. Slater, Chief Counsel, Division of Public Utilities, Myron S. Isaacs, Frank Field and Alfred Letzler, Washington, D. C., for the Securities and Exchange Commission.

William H. Foulk, of Wilmington, Del., David J. Colton and Alfred Berman (of Guggenheimer & Untermeyer), of New York City, for the Colton Group of Preferred Stockholders.

Marshall A. Jacobs and Douglas A. Calkins (of Simpson, Thacher & Bartlett), of New York City, for Ogden Corporation.

Paul J. Kern and James F. Dunn, of New York City, for Interstate Power Company, Preferred Stockholders Committee.


LEAHY, Chief Judge.

This is an application by the Securities and Exchange Commission for enforcement of the terms of a "compromise plan" as modified and approved by the Commission. I indicate only briefly the provisions of the plan. A more detailed statement can be had from the opinion of the Commission issued June 8, 1949, Holding Company Act Release No. 9138. In short, the plan provides for the distribution of cash and securities escrowed pursuant to the Alternate...

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