Legal Opinion
Utility Investing Corp. v. Stuart
District Court, E.D. Pennsylvania
Decided January 15, 1934No. 7809PublishedCited by 3 opinions
1Opinion of the Court
KIRKPATRICK, District Judge.
The defendants are the members of the Pennsylvania Securities Commission and their counsel, and the principal prayer of the bill is for an injunction restraining *392them from instituting criminal prosecutions under the Securities Act of the state (70 PS Pa. § 1 et seq.) against the plaintiff and its agents. The plaintiff, acting for Associated Gas & Electric Company, is offering to debenture holders of that company certain new or different securities in exchange for their debentures. It is conceded that the plaintiff is not registered as a dealer under the act, but it…
2Cases cited4 opinions
- Ex Parte YoungSupreme Court of the United States · 1908
- Truax v. RaichSupreme Court of the United States · 1915
- Philadelphia Co. v. StimsonSupreme Court of the United States · 1912
- Cline v. Frink Dairy Co.Supreme Court of the United States · 1927
3Cited by3 opinions
- In Re Associated Gas & Electric Co.District Court, S.D. New York · 1944
- Stuart v. Utility Investing Corp.Court of Appeals for the Third Circuit · 1935
- Dartmouth Woolen Mills, Inc. v. MyersDistrict Court, D. New Hampshire · 1936