Outwater v. Public Service Corp. of N.J.

This bill is to enjoin a merger of five public utility companies into the Public Service Electric and Gas Company, viz., Essex and Hudson Gas Company, Hudson County Gas Company, Paterson and Passaic Gas and Electric Company, New Brunswick Light, Heat and Power Company and Somerset, Union and Middlesex Lighting Company. The Public Service Corporation owns all the capital stock of the Electric and Gas Company. The Electric and Gas Company owns more than two-thirds of the capital stock of the merging companies. Directors of the Public Service Corporation compose the board of directors of the…