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IN RE MOUNTAIN STATES POWER CO.

No. 1286.

35 F.Supp. 307 (1940)

In re MOUNTAIN STATES POWER CO.

District Court, D. Delaware.

July 25, 1940.

Attorney(s) appearing for the Case

William H. Foulk (of Satterthwaite and Foulk), of Wilmington, Del., Harris & Bryson, of Eugene, Or., and Pope & Ballard, of Chicago, Ill., for debtor.

George S. Munson (of Townsend, Elliott & Munson), of Philadelphia, Pa., and John J. Morris, Jr. (of Hering, Morris, James & Hitchens), of Wilmington, Del., for preferred stockholders' committee.

Ropes, Gray, Boyden & Perkins, of Boston, Mass., and Hugh M. Morris, of Wilmington, Del., for bondholders' protective committee.

Carl S. Stern, Arthur J. Buswell, and Ralph C. Binford, all of Washington, D. C., for Securities and Exchange Commission.

NIELDS, District Judge.

Debtor is engaged principally in the sale of electric power in 109 communities in Oregon, Montana, Idaho and Washington.

December 31, 1937, debtor filed its petition under section 77B of the Bankruptcy Act, 11 U.S.C.A. § 207, and was continued in possession. Debtor's bonds, roughly of $8,200,000, would mature January 1, 1938, and debtor was unable to refinance them. Other matters, particularly an open account indebtedness, led...

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