Penfield Company of California v. Securities & Exchange Commission

See 331 U.S. 865, 67 S.Ct. 1301.

[Syllabus from pages 585-587 intentionally omitted]

Mr. Morris Lavine, of Los Angeles, Cal., for petitioners.

Mr. Roger S. Foster, of Washington, D.C., for respondent.

Mr. Justice DOUGLAS delivered the opinion of the Court.