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NY PA NJ UTILITIES CO. v. PUBLIC SERVICE COMMISSION

23 F.Supp. 313 (1938)

NY PA NJ UTILITIES CO. v. PUBLIC SERVICE COMMISSION OF NEW YORK et al.

District Court, S. D. New York.

April 7, 1938.

Attorney(s) appearing for the Case

Edmund B. Naylon, of New York City (Edmund B. Naylon and George Foster, Jr., both of New York City, of counsel), for complainant.

Gay H. Brown, of Albany, N. Y. (John T. Ryan, of Cortland, N. Y., and Laurence J. Olmsted, of Syracuse, N. Y., of counsel), for Public Service Commission.

COXE, District Judge.

NY PA NJ Utilities Company, a Delaware corporation, owns through a voting trust all the common stock of the Rochester Gas & Electric Corporation, a New York corporation. The voting trustees, pursuant to the voting trust agreement, directed the Rochester Company to pay dividends when declared directly to the owners of the voting trust certificates. In 1936, the Rochester Company applied to the Public Service Commission of the State of New...

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