In Re Portland Electric Power Co.

JAMES ALGER FEE, Chief Judge.

The instant proceeding arises in the reorganization of Portland Electric Power Company, an electric power holding company, which owned all of the capital stock (except qualifying shares of directors) of Portland General Electric Company, a company producing and distributing electric energy, and Portland Traction Company, a company operating a traction line. The long history of the proceedings need not be recited here.

The Independent Trustees of the debtor had formulated a plan for reorganization. Guaranty Trust Company had formulated another plan. Both were…