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HERRING v. SECURITIES AND EXCHANGE COM'N

No. 80-7989.

673 F.2d 1191 (1982)

Neil HERRING, Phillip H. Hoffman and Stephanie Coffin, Petitioners, v. SECURITIES AND EXCHANGE COMMISSION of the United States of America, Respondents.

United States Court of Appeals, Eleventh Circuit.

April 19, 1982.

Attorney(s) appearing for the Case

W. Bruce Maloy, Atlanta, Ga., for petitioners.

James E. Joiner, Troutman, Sanders, Lockerman & Ashmore, Atlanta, Ga., Amy Z. Gershenfeld, Robert Lipsher, Jacob Stillman, Rosalind C. Cohen, Thomas Paul Lemke, Gilbert Miller, Washington, D. C., for Ga. Power Co.

Before MORGAN, KRAVITCH and HENDERSON, Circuit Judges.

LEWIS R. MORGAN, Circuit Judge:

Appellants challenge an order of the Securities and Exchange Commission [SEC] authorizing Georgia Power Company to issue and sell certain first mortgage bonds and preferred stocks. Jurisdiction is proper pursuant to 15 U.S.C. § 79x.

The relevant facts are brief. In April of 1980, Georgia Power Company filed an amended application with the SEC seeking authority to issue and sell first mortgage bonds and preferred stocks...

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