Decisions and Reports, Volume 15U.S. Government Printing Office, 1949 - Securities |
From inside the book
Results 1-5 of 100
Page 21
... purchase a minimum of 90 percent of the outstanding stock from Dower and from all other stock- holders who elected to become parties to the agreement . The purchase price for the stock was determined by taking the con- solidated fixed ...
... purchase a minimum of 90 percent of the outstanding stock from Dower and from all other stock- holders who elected to become parties to the agreement . The purchase price for the stock was determined by taking the con- solidated fixed ...
Page 22
... purchased from Union $ 2,130,000 , $ 710,000 , $ 285,000 , and $ 285,000 principal amount respectively , of the debentures at principal amount plus accrued interest to the date of purchase . These sales were a preliminary step in the ...
... purchased from Union $ 2,130,000 , $ 710,000 , $ 285,000 , and $ 285,000 principal amount respectively , of the debentures at principal amount plus accrued interest to the date of purchase . These sales were a preliminary step in the ...
Page 23
... purchase from Dower and in choosing the new management . 10,000 shares were sold to Joseph H. King , vice president of Union and director of the registrant in recognition of his services in consummating the transaction . The evidence is ...
... purchase from Dower and in choosing the new management . 10,000 shares were sold to Joseph H. King , vice president of Union and director of the registrant in recognition of his services in consummating the transaction . The evidence is ...
Page 24
... purchase from an " issuer " within the meaning of Section 2 ( 11 ) . That the purchase was made . with a view to distribution is apparent from the record . It fol- lows , therefore , that Union became a principal underwriter at the time ...
... purchase from an " issuer " within the meaning of Section 2 ( 11 ) . That the purchase was made . with a view to distribution is apparent from the record . It fol- lows , therefore , that Union became a principal underwriter at the time ...
Page 25
... purchase from Dower , the agreements with the four firms , the sales of the stock at $ 2 per share , and Union's expecta- tion of a profit from the resale of the 98,890 shares of common stock . The failure to make these disclosures ...
... purchase from Dower , the agreements with the four firms , the sales of the stock at $ 2 per share , and Union's expecta- tion of a profit from the resale of the 98,890 shares of common stock . The failure to make these disclosures ...
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Common terms and phrases
accrued AGECO AGECORP aggregate amended application approved balance sheet Burco capital stock capital surplus carrying value cash Commission common stock Consolidated Corporation debentures December 31 depreciation depreciation reserve dividends earned surplus Electric Company equity estimated excess profits taxes Exchange expenses Federal Power Commission filed FINDINGS AND OPINION forma Gas and Electric Gas Company Holding Company Act indenture interest investors Investors Syndicate issued liabilities Light Company Long-term debt merger Middle West NASD notes November 30 original cost outstanding pany par value payment percent Power & Light Power Company preferred stock principal amount pro forma properties proposed transactions provisions of Section Public Service Company Public Utility Holding purchase pursuant to Section record registered holding company reorganization requirements reserve respect retirement Section 11 security holders September 30 Southwestern stockholders subsidiary companies taxes tion Total trustee utility company Utility Holding Company utility plant VEPCO voting West Texas
Popular passages
Page 180 - Commission shall grant such application and issue such order of exemption if evidence establishes that — (1) the terms of the proposed transaction, including the consideration to be paid or received, are reasonable and fair and do not involve overreaching on the part of any person concerned...
Page 595 - It shall be unawful for any person in the sale of any securities by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, directly or indirectly — (1) to employ any device, scheme, or artifice to defraud...
Page 595 - ... (1) to employ any device, scheme, or artifice to defraud, or (2) to obtain money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or (3) to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.
Page 496 - Any condition, stipulation, or provision binding any person to waive compliance with any provision of this title or of any rule or regulation thereunder, or of any rule of an exchange required thereby shall be void.
Page 22 - underwriter" means any person who has purchased from an issuer with a view to, or offers or' sells for an issuer in connection with, the distribution of any security, or participates or has a direct or indirect participation in any such undertaking, or participates or has a participation in the direct or indirect underwriting of any such undertaking; but such term shall not include a person whose interest is limited to a commission from an underwriter or dealer not in excess of the usual and customary...
Page 374 - ... necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of this title.
Page 306 - Affiliated person" of another person means (A) any person directly or indirectly owning, controlling, or holding with power to vote, 5 per centum or more of the outstanding voting securities of such...
Page 733 - ... tenders, after reasonable opportunity to submit tenders given to all holders of securities of the class to be purchased; or (3) under such other circumstances as the Commission may permit by rules and regulations or orders for the protection of investors in order to insure that such purchases are made in a manner or on a basis which does not unfairly discriminate against any holders of the class or classes of securities to be purchased.
Page 311 - To require by order, after notice and opportunity for hearing, that each registered holding company, and each subsidiary company thereof, shall take such steps as the Commission shall find necessary to ensure that the corporate structure or continued existence of any company in the holding-company system...
Page 287 - ... (3) to borrow money or other property from such registered company or from any company controlled by such registered company (unless...