Legal Opinion
Skowhegan Sav. Bank v. Securities and Exchange Commission
Court of Appeals for the D.C. Circuit
Decided December 22, 1952No. 11300PublishedCited by 2 opinions
1Opinion of the Court
PRETTYMAN, Circuit Judge.
This is a petition to review two orders of the Securities and Exchange Commission.
By an agreement made in 1912 the Portland Railroad Company leased all of its property to the predecessor of the Central Maine Power Company. The lessee Power Company agreed, among other things, to pay an annual rental equivalent to interest on the debt of the Railroad plus a dividend of $5.00 per share on the Railroad’s stock,, and to deliver to the Railroad at the termination of the lease, in condition not inferior to that existing at the date of the lease, all of the property leased.…
2Cases cited4 opinions
- Schwabacher v. United StatesSupreme Court of the United States · 1948
- Maryland & Virginia Milk Producers Ass'n v. United StatesSupreme Court of the United States · 1949
- Woodsum v. Portland RailroadSupreme Judicial Court of Maine · 1949
- Auburn Savings Bank v. Portland RailroadSupreme Court of the United States · 1949
3Cited by2 opinions
- Truman Outland v. Civil Aeronautics Board, Delta Airlines, Inc., Air Line Pilots Association, International, IntervenorsCourt of Appeals for the D.C. Circuit · 1960
- Texas-Ohio Gas Co. v. Federal Power CommissionCourt of Appeals for the D.C. Circuit · 1953