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IN RE PORTLAND ELECTRIC POWER CO.

No. B-23986.

97 F.Supp. 857 (1951)

In re PORTLAND ELECTRIC POWER CO.

United States District Court, D. Oregon.

January 22, 1951.

Attorney(s) appearing for the Case

Clarence D. Phillips, Portland, Or., for debtor.

Ralph H. King, Portland, Or., for independent trustees of debtor.

Frederick M. DeNeffe, Paul E. Kern, Portland, Or., for Bondholders Committee.

W. Stevens Tucker, San Francisco, Cal., for Securities & Exchange Commission.

Charles A. Hart, Portland, Or., Edgar G. Crossman and Davis, Polk, Wardwell, Sunderland & Kiendl, New York City, for Guaranty Trust Co.

Justin N. Reinhardt, Portland, Or., for First Preferred Stockholders.

MacCormac Snow, Harry Beckett, Robert T. Mautz and V. Lyle McCroskey, Portland, Or., for Prior Preference Stockholders.

JAMES ALGER FEE, Chief Judge.

Portland Railway, Light & Power Co., an Oregon corporation, in 1907 began acquisition of various utility properties whereby there were furnished street railway and electrical service in the Portland area. All through the changes, the history of this company has been marked by stock manipulation, bond and note issues, holding companies and operations carried out by interlocking directorates.

Portland Railway, Light & Power...

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