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SECURITIES & EXCHANGE COM'N v. FRANKLIN ATLAS CORP.

Civ. No. 120-172.

154 F.Supp. 395 (1957)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. FRANKLIN ATLAS CORPORATION, John L. de Lyra, Walter Elmatti, Jack Gold, I. W. Page & Co., Inc., Defendants.

United States District Court S. D. New York.

August 16, 1957.

Attorney(s) appearing for the Case

Paul Windels, Jr., Regional Adm'r, Walter D. Moran, Asst. Regional Director, John J. Devaney, Jr., Chief, Branch of Enforcement, Esther Antell, New York City, for Securities and Exchange Commission.

John J. McKenna, New York City, for defendants Jack Gold and I. W. Page & Co., Inc.

John T. Sullivan, New York City, for defendant Franklin Atlas Corp.

LEVET, District Judge.

This is a motion for a preliminary injunction restraining the defendants from offering to sell and selling shares of the common stock of the Franklin Atlas Corporation and from carrying or causing to be carried through the mails or in interstate commerce such securities for the purpose of sale or delivery after sale unless and until a registration statement is in effect.

The plaintiff in its complaint charges that the defendants are...

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