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PROTECTIVE COMMITTEE v. SECURITIES AND EXCH. COM'N

No. 14, Docket 21592.

184 F.2d 646 (1950)

PROTECTIVE COMMITTEE FOR CLASS A STOCKHOLDERS OF INTERNATIONAL HYDRO-ELECTRIC SYSTEM et al. v. SECURITIES AND EXCHANGE COMMISSION.

United States Court of Appeals Second Circuit.

Decided October 24, 1950.

Attorney(s) appearing for the Case

Mortimer A. Shapiro, Nemerov & Shapiro, New York City, Louis Kipnis, New York City, Leonard Brunner, Brooklyn, N. Y., on the brief, for petitioners.

Roger S. Foster, Washington, D. C., Harry G. Slater, Chief Counsel, Division of Public Utilities, Robert S. Keebler, Washington, D. C., W. Victor Rodin, Philadelphia, Pa., Attorneys, Securities and Exchange Commission, for respondent.

Before L. HAND, Chief Judge, and SWAN and CLARK, Circuit Judges.

PER CURIAM.

On July 21, 1942, the Securities and Exchange Commission in a proceeding under § 11 of the Public Utility Holding Company Act of 1935,1 directed the dissolution and liquidation of the International Hydro-Electric System, a holding company, whose assets consisted for the most part of shares in other holding companies, some of which held shares in still other holding companies....

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