Legal Opinion
American Power & Light Co. v. Securities & Exchange Commission
Supreme Court of the United States
Decided November 25, 1946No. 4PublishedCited by 612 opinions
1Opinion of the CourtJustice Murphy
We are concerned here with the constitutionality of § 11 (b) (2) of the Public Utility Holding Company Act of 19351 and its application to the petitioners, the American Power & Light Company and the Electric Power & Light Corporation.
American and Electric are two of the subholding companies in the Electric Bond and Share Company holding company system, certain aspects of which were considered by this Court in Electric Bond & Share Co. v. S. E. C., 303 U. S. 419. This system is a pyramid-like structure of which Bond and Share itself constitutes the apex, five sub-holding companies (including…
2Cases cited27 opinions
- Gibbons v. OgdenSupreme Court of the United States · 1824
- Yakus v. United StatesSupreme Court of the United States · 1944
- Standard Oil Company of New Jersey, Appts. v. United StatesSupreme Court of the United States · 1910
- Phelps Dodge Corp. v. National Labor Relations BoardSupreme Court of the United States · 1941
- United States v. DarbySupreme Court of the United States · 1941
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3Cited by612 opinions
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- Paris Adult Theatre I v. SlatonSupreme Court of the United States · 1973
- Thomas v. Union Carbide Agricultural Products Co.Supreme Court of the United States · 1985
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