Securities & Exchange Commission v. Franklin Atlas Corp.

DAWSON, District Judge.

This action, tried by the Court without a jury, is one where plaintiff seeks a permanent injunction against the defendants Jack Gold (hereinafter called “Gold”) and I. W. Page & Co. (hereinafter called “Page”), to enjoinjdiem from violating the registration provisions 1 and the antifraud provisions 2 of the Securities Act of 1933, as amended. See 15 U.S.C.A. § 77t(b). The action against the other defendants, Franklin Atlas Corporation, John L. deLyra and Walter Elmatti, for the same relief, was brought to a conclusion on December 15, 1958, by the entry of a final…