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SECURITIES & EXCHANGE COM'N v. FRANKLIN ATLAS CORP.

171 F.Supp. 711 (1959)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. FRANKLIN ATLAS CORPORATION, John L. deLyra, Walter Elmatti, Jack Gold, I. W. Page & Co., Inc., Defendants.

United States District Court S. D. New York.

March 26, 1959.

Attorney(s) appearing for the Case

Paul Windels, Jr., New York City, Regional Administrator for the Securities and Exchange Commission.

Esther Antell, Atty., Securities and Exchange Commission, New York City, for plaintiff.

John T. Sullivan, New York City, for defendants Franklin Atlas Corp. and John L. deLyra.

Edward Nathan and Malcolm S. Mason, New York City, for defendant Walter Elmatti.

John J. McKenna, New York City, for defendants Jack Gold and I. W. Page & Co., Inc.

DAWSON, District Judge.

This action, tried by the Court without a jury, is one where plaintiff seeks a permanent injunction against the defendants Jack Gold (hereinafter called "Gold") and I. W. Page & Co. (hereinafter called "Page"), to enjoin them from violating the registration provisions1 and the antifraud provisions2 of the Securities Act of 1933, as amended. See 15 U.S.C.A. § 77t(b). The action...

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