Legal Opinion

In re Arkansas Fuel Oil Corp., Cities Service Co.

District Court, D. Delaware

Decided August 10, 1964No. Civ. A. No. 2223Published

1Opinion of the Court

CALEB M. WRIGHT, Chief Judge.

On September 2, 1960 this court approved and enforced the terms and provisions of a plan previously approved by the Securities and Exchange Commission (SEC), pursuant to Section 11(d) of the Public Utility Holding Company Act of 1935 (Act), 15 U.S.C. § 79 et seq. The plan eliminated the minority stock interest of the Arkansas Fuel Oil Corporation (Arkansas), a subsidiary of Cities Service Company (Cities).1

The plan provided for payment by Cities of appropriate fees and expenses in connection with the elimination of the minority stockholders. This court reserved…

2Cases cited7 opinions

Universal Camera Corp. v. National Labor Relations BoardSupreme Court of the United States · 1951
Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1947
Matter of the United Corporation. Joseph B. Hyman, in No. 12151, Randolph Phillips, in Nos. 12157, 12158Court of Appeals for the Third Circuit · 1957
Sprague v. Ticonic Nat. BankCourt of Appeals for the First Circuit · 1940
Auerbach v. Cities Service Co.Supreme Court of Delaware · 1958

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