American Power Light Company v. Securities & Exchange Commission Electric Power & Light Corporation

[Syllabus from pages 90-94 intentionally omitted]

Mr. Arthur A. Ballantine, of New York City, for American Power & Light co.

Mr. Daniel James, of New York City, for Electric Power & Light corporation.

Mr. Roger S. Foster, of Philadelphia, Pa., for respondent.

Mr. Justice MURPHY delivered the opinion of the Court.