Federal Register - December 3, 1959

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Source: Federal Register

9688

NOTICES

pended and the use thereof deferred un escalation by 1.0 cent per Mcf periodic til January 23,1960, or one .day from such increases under Rate Schedule No. 2-A
date as West Lakes suspended rate is and by 0.5 cent per Mcf under Rate made effective, whichever is later and Schedules Nos. 275 and 281.
until such further time as it is made The increased rates and charges so effective in the manner prescribed by the proposed have not been shown to be jus Natural Gas Act.
tified, and may be unjust, unreasonable, C Neither the supplement hereby unduly discriminatory, or preferential, suspended nor the rate schedule sought or otherwise unlawful.
to be altered thereby shall be changed The Commission finds: It is necessary until this proceeding has been disposed and proper in the public interest and to of or until the period of suspension has aid in the enforcement of the provisions expired, unless otherwise ordered by the of the Natural Gas Act that the Commis Commission.
sion enter upon a hearing concerning D Interested State commissions may ,the lawfulness of the said proposed participate as provided by 1.8 and changes/ and that Supplement No. 15
1.37f of the Commissions rules of to Phillips FPC Gas Rate Schedule 2-A, practice and procedure 18 CFR 1.8 or and Supplements No. 7 to Phillips FPC
1.37f, Gas Rate Schedules Nos. 275 and 281, respectively, be suspended and the use By the Commission.
thereof deferred as hereinafter ordered.
J oseph H. G utride, The. Commission orders :
Secretary.
A Pursuant to the authority of the F.R. Doc. 69-10197; filed , Dec. 2, 1959; Natural Gas Act, particularly sections 4
8:52 a.m.
and 15 thereof, the Commissions rules of practice and procedure and the reg ulations under the Natural Gas Act 18
CFR, Ch. I, a public hearing be held Docket No. G-20255
upon a date to be fixed by notice from the Secretary concerning the lawfulness PHILLIPS PETROLEUM CO.
of the proposed increased rates and Order for Hearing and Suspending charges contained in Supplement No. 15
to Phillips FPC Gas Rate Schedule 2-A, Proposed Changes in Rates and Supplements No. 7 to Phillips FPC
N ovember 27, 1959.
Gas Rate Schedules Nos. 275 and 281, Phillips Petroleum Company Phillips respectively.
on October 29, 1959, tendered for filing . B Pnding such hearing and deci three proposed changes in its presently sion thereon, said supplements be and effective rate schedules together with an they each are hereby suspended and the offer of settlem ent 1 of suspended in-, use thereof deferred until April 29, 1960, creased rate proposals thereunder for its and thereafter until such further time jurisdictional sales of natural gas to as each is made effective in the manner Texas Eastern Transmission Corporation prescribed by the Natural Gas Act.
Texas Eastern. The proposed changes, C Neither the supplements hereby which constitute increased rates and suspended, nor the rate schedules sought charges for sales from the North Port to be altered thereby, shall be changed Neches Field, Orange County, Texas and until this proceeding has been disposed the West George West Field, Live Oak of or until the periods of suspension have County, Texas, are contained in the fol expired, unless otherwise ordered by the lowing designated filings:
Commission.
Description: Notices of Change, dated D Interested state commissions may October 26,1959.
Rate schedule designations: 1 Supple participate as provided by 1.8 and ment No. 15 to Phillips FPC Gas Rate Sched 1.37f of the Commissions rules of ule No. 2-A.2 2 Supplement No. 7 to practice and procedure 18 CFR 1.8 and Phillips FPC Gas Rate Schedule No. 275. 1.37f.
3 Supplement No. 7 to Phillips FPC Gas Rate Schedule No. 281.
By the Commission.

Increased rate proposed: 1 0.4811 cents per Mcf, from 14.1189 cents to 14.6 cents per Mcf at 14.65 psia. 2 and 3 2.5479 cents per Mcf, from 11.8254 cents to 14.3733 cents per Mcf at 14.65 psia.
Effective date: November 29, 1959. The stated effective date is the effective date proposed by Phillips.

In support of its favored-nation in creased rate proposal in said Supplement No. 15 and its renegotiated increased rate proposals in said Supplements No.
7, Phillips stated that it would agree to eliminate the favored-nation and priceredetermination clauses from the afore mentioned rate schedules and to replace the present 0.2 cent per Mcf yearly 1 Phillips Offer of Settlement was filed Oc tober 29, 1959, in Docket Nos. G-11309, G 13398, G13419, G-16625, and G-19581.
2 The presently effective rate is subject to refund in Docket No. G-16625.

J oseph H. G utride,
Secretary.
F.R. Doc. 59-10199; Filed, Dec. 2, 1959;
8:52 a.m.

SECURITIES AND EXCHANGE
COMMISSION
File No. 24NY-4691

AELUS WING CO., INC.
Qrder Granting Withdrawal of Request for Hearing N ovember 23,1959.
The Commission by order dated Octo ber 6,1959 havifig temporarily suspended the Regulation A exemption of Aelus Wing Company, Incorporated, pursuant
to Rule 261 of the general rules and reg.j ulations under the Securities Act of 1933J
as amended, and Aelus Wing Company, Incorporated having requested a hearing upon the allegations set forth in the aforementioned order, and The Company, prior to a hearing being ordered in accordance with such request, having requested a withdrawal of its re quest for a hearing, and the Division oil Corporation Finance not objecting thereto, It is ordered, That the request for hearing be and it hereby is deemed withdrawn.
Pursuant to the provisions of Rule 261b of Regulation A, the suspension of the Regulation A exemption from registration under the Securities Act of 1933, as amended, with respect to the proposed public offering of securities by the Company becomes, permanent.
By the Commission.
seal
N ell ye A . T horsen, >

, Assistant Secretary, F.R. Doc. 59-10159; Filed, Dec. 2, 1959;
8:47 a.m.

File No. 1-2645

F. L. JACOBS CO.
Order Summarily Suspending Trading N ovember 27, 1959. 1
I. The common stock, $1.00 par valué, of F. L. Jacobs Co. is registered on the New York Stock Exchange and admitted to unlisted trading privileges on the Detroit Stock Exchange, national secu rities exchanges, and H. The Commission on February Hi 1959, issued its order and notice of hear ing under section 19a 2 of the Secu rities Exchange Act of 1934 to determine at a hearing beginning March 16, 1959, whether it is necessary or appropriate for the protection of investors to suspend for a period not exceeding twelve months, or to withdraw, the registration of the capital stock of F. L. Jacobs Co.
on the New York Stock Exchange and Detroit Stock Exchange for failure te comply with section 13 of the Act and the rules and regulations thereunder.
On November 17, 1959, the Commis sion issued its order summarily suspend ing trading of said securities on the ex changes pursuant to section 19a 4 j the Act for the reasons set forth in said order to prevent fraudulent, deceptive or manipulative acts or practices for a P
riod of ten days ending November 2", 1959.
m . The Commission being of the opinion that the public interest requires the summary suspension of trading
such security on the New York Stocij Exchange and Detroit Stock Exchange and that such action is necessary appropriate for the protection of foj vestors; and J
The Commission being of the furthe opinion that such suspension is necessanj in order to prevent fraudulent, decephn or manipulative acts or practices, trading in the stock of F. L. Jacobs Co., will unlawful under section 15c 2 of

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Federal Register - December 3, 1959

TitleFederal Register

CountryUnited States

Date03/12/1959

Page count40

Edition count7305

First edition14/03/1936

Last issue10/06/2024

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