The EQUITY CORPORATION, Appellant,
v.
Bartholomew A. BRICKLEY, Trustee, et al., Appellees.
CENTRAL-ILLINOIS SECURITIES CORPORATION, et al., Appellants,
v.
Bartholomew A. BRICKLEY, Trustee, et al., Appellees.
United States Court of Appeals First Circuit.https://leagle.com/images/logo.png
Heard October 4, 1956.
Decided October 26, 1956.
As Amended November 23, 1956.
Attorney(s) appearing for the Case
David Schenker, New York City, with whom Schenker & Schenker, New York City, was on brief, for The Equity Corp., appellant.
Morris L. Forer, Philadelphia, Pa., with whom Daniel C. Cohen, and Wolf, Block, Schorr & Solis-Cohen, Philadelphia, Pa., were on brief, for Central-Illinois Securities Corp. and C. A. Johnson, appellants.
Aaron Levy, Atty., Washington, D. C., with whom Thomas G. Meeker, Gen. Counsel, Frederick Zazove, Chief Counsel, Division of Corporate Regulations, and Robert S. Keebler, Atty., Washington, D. C., were on brief, for Securities and Exchange Commission, appellee.
Ganson Purcell, Washington, D. C., with whom C. Roger Nelson, Washington, D. C., was on brief, for Interim Board of Directors of Internat. Hydro-Electric System, appellee.
Henry J. Friendly, New York City, with whom Leonard S. Sheriff, New York City, was on brief, for Lucinda Bunnen et al., appellees.
Before MAGRUDER, Chief Judge, and WOODBURY and HARTIGAN, Circuit Judges.
United States Court of Appeals First Circuit.
MAGRUDER, Chief Judge.
Appellants in these cases, Central-Illinois Securities Corporation, a registered investment company, and C. A. Johnson, its president and principal stockholder, and The Equity Corporation, another registered investment company, are all stockholders of International Hydro-Electric System (hereinafter abbreviated to IHES), a registered holding company under the Public Utility Holding Company Act of 1935...
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