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IN RE ELECTRIC POWER & LIGHT CORP.

No. 82, Docket 22766.

210 F.2d 585 (1954)

In re ELECTRIC POWER & LIGHT CORP. et al.

United States Court of Appeals Second Circuit.

Decided February 25, 1954.

Attorney(s) appearing for the Case

Cahill, Gordon, Zachry & Reindel, New York City, Daniel James, New York City, of counsel, for Electric Power & Light Corp.

Drinker, Biddle & Reath, Philadelphia, Pa., James S. Regan, New York City, Thomas Reath, John Mulford, Philadelphia, Pa., of counsel, for Drexel Co.

John J. Burns, New York City, Harold B. Dondis, Boston, Mass., Burns, Blake & Rich, Boston, Mass., for appellants, Christian A. Johnson and Cameron Biewend individually and as a Committee for Holders of the Common Stock of Electric Power & Light Corp.

William H. Timbers, Gen. Counsel, Roger S. Foster, Myron S. Isaacs, Associate Counsel, Securities and Exchange Commission, Washington, D. C., Marvin S. Fink, Elizabeth B. A. Rogers, Washington, D. C., of counsel, for Sec. and Exch. Com.

Before CHASE, Chief Judge, and SWAN and MEDINA, Circuit Judges.

CHASE, Chief Judge.

Electric Power & Light Corporation, to be called Electric, was one of the subsidiary companies of Electric Bond and Share Company, to be called Bond and Share. Both became registered holding companies under the Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79 et seq., and in appropriate proceedings under that statute plans were filed with the Securities and Exchange Commission for the dissolution of Electric. The one approved...

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