Newfield v. Ryan

HUTCHESON, Circuit Judge.

These three appeals, while brought up in separate records, present the same question and may be disposed of in one opinion. They are from interlocutory orders restraining appellants, agents of the Securities and Exchange Commission, from enforcing subpoenas duces tecum issued to the Postal and Western Union Telegraph Companies, under authority of the Securities Act of 1933, as amended, IS U.S.C.A. § 77a et seq.

In the Ballentine case the subpoena required the bringing and production of “Any and all telegrams or copies thereof in your custody or control, sent or…