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SECURITIES AND EXCHANGE COM'N v. S & P NATIONAL CORP.

No. 66 Civ. 512.

265 F.Supp. 993 (1966)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. S & P NATIONAL CORPORATION, Smith-Palmer Machine Corporation, Southwest International Corporation, David M. Milton and Ralph E. Still, Defendants.

United States District Court S. D. New York.

April 16, 1966.

Attorney(s) appearing for the Case

Llewellyn P. Young, Richard V. Bandler, New York City, for Securities and Exchange Commission.

Shea, Gallop, Climenko & Gould, New York City, Martin I. Shelton, Milton S. Gould, New York City, of counsel, for S & P National Corp. and others.

MEMORANDUM.

THOMAS F. MURPHY, District Judge.

In this action commenced on February 21, 1966, the Securities and Exchange Commission seeks by notice of motion dated March 9, 1966, returnable March 22nd and adjourned by consent to April 12, 1966, a preliminary injunction enjoining the corporate defendants S & P National Corporation, Smith-Palmer Machine Corporation and Southwest International Corporation, their officers and agents from (a) offering for...

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