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IN RE AMERICAN WATER WORKS & ELECTRIC CO.

Civ. A. No. 1008.

107 F.Supp. 350 (1952)

In re AMERICAN WATER WORKS & ELECTRIC CO., Inc., et al.

United States District Court D. Delaware.

September 17, 1952.

Attorney(s) appearing for the Case

Myron S. Isaacs, Chief Counsel, Division of Public Utilities, and Robert N. Hislop, of Washington, D. C., for Securities and Exchange Commission.

Oliver B. Merrill and John F. Arning, of Sullivan & Cromwell, of New York City, for West Penn Electric Co.

Norman S. Nemser and Stanley Nemser, of Nemser & Nemser, of New York City, for Hiatt Committee.

Bernard S. Kanton and Maurice Fixel, of New York City, for Galdi Committee.

LEAHY, Chief Judge.

On October 15, 1947, American Water Works and Electric Company, Inc. was liquidated under § 11(b) and (e) of the Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79k(b, e), under two plans approved by the Securities and Exchange Commission and enforced and approved by this court. Under these plans a subsidiary of American, American Water Works Company, Inc., through which American had controlled approximately one-half of its...

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