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CITY NAT. BANK & TRUST CO. v. SECURITIES AND EXCH. COM'N

No. 8106.

134 F.2d 65 (1943)

CITY NAT. BANK & TRUST CO. OF CHICAGO v. SECURITIES AND EXCHANGE COMMISSION et al.

Circuit Court of Appeals, Seventh Circuit.

March 5, 1943.

Attorney(s) appearing for the Case

Wm. G. Burns, and Daniel C. Smith, both of Chicago, Ill., for petitioner.

M. F. Cosgrove, Balfour S. Jeffrey, and Clayton E. Kline, all of Topeka, Kan., Benjamin Schenker, of New York City, John F. Davis, Homer Kripke, Roger S. Foster, Counsel, Public Utilities Division, and David K. Kadane, all of Philadelphia, Pa., Theodore L. Thau, of Washington, D. C., and Aaron Levy, of New York City, for respondents.

Before MAJOR, KERNER, and MINTON, Circuit Judges.

MAJOR, Circuit Judge.

This is a petition to review an order of the Securities and Exchange Commission, entered July 10, 1942, under the Public Utility Holding Company Act of 1935 (hereinafter called "the Act"), 49 Stat. 803, 15 U.S.C.A. § 79a et seq. The order approved an application (called Application No. 2) filed by the respondent, North American Light and Power Company (called Light and Power), for authority to retire its outstanding publicly held debentures...

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