44. In 84:7775

HEARINGS

BEFORE A

SUBCOMMITTEE OF THE

COMMITTEE ON

TIL MARY

MAY

i a
1939

DOCUMENT

INTERSTATE AND FOREIGN COMMERCE

HOUSE OF REPRESENTATIVES

SEVENTY-SIXTH CONGRESS

FIRST SESSION

ON

H. R. 2191 and H. R. 5220

TO PROVIDE FOR THE REGULATION OF THE SALE OF CER-
TAIN SECURITIES IN INTERSTATE AND FOREIGN COM-
MERCE AND THROUGH THE MAILS, AND THE
REGULATION OF THE TRUST INDENTURES

UNDER WHICH THE SAME ARE ISSUED

AND FOR OTHER PURPOSES

DIV.

142833

APRIL 4, 5, 6, 7, AND 11, 1939

Printed for the use of the
Committee on Interstate and Foreign Commerce

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1939

CONTENTS

Statement of-

Page

Harold V. Amberg, Chicago First National Bank

145

William E. Anderson, Cincinnati Corporate Fiduciaries' Association..

Edmund Burke, Jr., Securities and Exchange Commission_.

139

207

G. S. Canright, Continental Illinois National Bank & Trust Co.,

Chicago..

116

F. W. Denio, Boston, Mass_

183

Richard S. Douglas, Cleveland Trust Co.

135

Harold Eckhart, Harris Trust & Savings Bank, Chicago__ -

Hon. Edward C. Eicher, Securities and Exchange Commission_

131

35

National City Bank.

Columbus, Ohio, City National Bank and Trust Co..

William D. Eaton__

Hon. Carl Hinshaw.

G. R. Helffrich, City National Bank & Trust Co., Chicago.

R. L. Kirkpatrick, Pittsburgh Banking Houses –

Harold J. Miller, St. Louis Union Trust Co.

Colis Mitchum, Investment Bankers Association_

Fred N. Oliver, Mutual Savings Bank Association_

Thomas Quinn Beesley, Business Mail Users.

John K. Starkweather, Investment Bankers Association_

138

188

172

91

197

55, 164, 203

60

107

65

101

295

314

292

168

136

Cleveland, Ohio: Central National Bank, Cleveland Trust Co.,

135

136

307

290