City of Rockville v. Public Utilities Commission

The Rockville Water and Aqueduct Company, hereinafter referred to as the Rockville company, and Suburban Water Service, Inc., hereinafter referred to as the holding company, by a joint application dated April 30, 1957, requested approval by the defendant commission of the acquisition by the holding company of not less than 51 per cent of the capital stock of the Rockville company. The commission, after a public hearing, found that the proposed acquisition would not adversely affect the public interest and might improve and make more efficient the service rendered by the Rock-ville company.…