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UTILITY INVESTING CORPORATION v. STUART

No. 7809.

11 F.Supp. 391 (1934)

UTILITY INVESTING CORPORATION v. STUART et al.

District Court, E. D. Pennsylvania.

January 15, 1934.

Attorney(s) appearing for the Case

Lucien B. Carpenter and Walter Biddle Sauf, both of Philadelphia, Pa., and C. Edward Paxson, of New York City, for plaintiff.

William H. Neely, Sp. Deputy Atty. Gen., and William A. Schnader, Atty. Gen., for defendants.

KIRKPATRICK, District Judge.

The defendants are the members of the Pennsylvania Securities Commission and their counsel, and the principal prayer of the bill is for an injunction restraining them from instituting criminal prosecutions under the Securities Act of the state (70 PS Pa. § 1 et seq.) against the plaintiff and its agents. The plaintiff, acting for Associated Gas & Electric Company, is offering to debenture...

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