Tennessee Valley Authority v. Tennessee Electric Power Co.

SIMONS, Circuit Judge.

Nineteen corporations in the business of generating, transmitting, and distributing electric energy as public utilities in the area within and contiguous to the Tennessee river basin commenced a suit in the chancery court at Knoxville, Tenn., against the Tennessee Valley Authority, a corporation organized under special act of Congress, and the three directors of that corporation, to restrain acts being performed or threatened under powers claimed to be conferred by the TVA Act (as amended/ 16 U.S.C.A. § 831 et seq.). They allege such acts to be cither unauthorized or…