Northern Indiana Public Service Co. v. United States

BEAMER, District Judge.

This cause having been tried to the Court without a jury and the Court having heard the evidence, the arguments of counsel and being duly advised in the premises now makes the following findings of fact and conclusions of law:

*229FINDINGS OF FACT

1. The Court has jurisdiction over the parties and subject matter of this action.

2. Plaintiff made transfers of $7,-000,000, $10,000,000, and $10,000,000 from its earned surplus account to its common capital stock account on September 27, 1955, December 22, 1959, and November 22, 1960, respectively.

3. The purpose of the three…