United States District Court E. D. New York.https://leagle.com/images/logo.png
February 10, 1950.
February 10, 1950.
Attorney(s) appearing for the Case
Harry G. Slater, Chief Counsel, Division of Public Utilities, and Solomon Freedman, Washington, D. C., for Securities & Exchange Commission.
Charles G. Blakeslee, General Counsel, and David K. Kadane, New York City, for applicant companies, Long Island Lighting Co., Queens Borough Gas & Electric Co., and Nassau & Suffolk Lighting Co.
Harold G. Aron, Washington, D. C., Lynne A. Warren and Charles B. McGroddy, Jr., New York City, for Common Stockholders' Committee of Long Island Lighting Co.
Percival E. Jackson, New York City, for Langley Preferred Stockholders' Group.
McLaughlin & Stern, New York City, for certain holders of the preferred stock of Nassau & Suffolk Lighting Co. (Stephen S. Bernstein, New York City, of counsel).
Boehm & Fischman, New York City, for Protective Committee for Holders of Queens Borough Gas & Electric Co. Preferred Stock (Bernard D. Fischman, New York City, of counsel).
Graustein & Kormendi, New York City, for Louis W. Gordon, owner of 50,000 shares of the Common Stock of Long Island Lighting Co. (Laszlo Kormendi, New York City, of counsel).
Milton Pollack, New York City, for Long Island Preferred Stockholders' Committee.
Maurice B. & Daniel W. Blumenthal, New York City, for Common Stockholders (Daniel Blumenthal, New York City, of counsel).
United States District Court E. D. New York.
KENNEDY, District Judge.
This is a proceeding in which the petitioner prays for an order enforcing and carrying out the terms and provisions of an amended plan, subsequently modified, for the consolidation and recapitalization of three utility companies operating on Long Island. The companies are: (1) the Long Island Lighting Company (called Long Island), (2) its wholly owned subsidiary Queens Borough Gas and Electric Company (called Queens), and (3) the latter's...
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