Federal Register - January 29, 1944

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Source: Federal Register

1072

F E D E R A L R E G I S T E R , Saturday, January 29, 1944

of said Act and Rules of the Commission American Utilities Service Corporation thereunder be held on February 15,1944, and its subsidiary companies, Respond at 16:00 oclock, a. m., e. w. t. at the ents, Pile No. 59-57.
offices of the Securities and Exchange Notice is hereby given that a declar Commission, 18th and Locust Streets, ation or application or both has been Philadelphia, Pennsylvania.
On such filed with this Commission pursuant to day the hearing room clerk in Room 318
the Public Utility Holding Company Act will advise as to the room where such of 1935 by American Utilities Service hearing will be held.
Corporation American , a registered It is further ordered, That the Secre holding company. All interested per tary of this Commission shall serve notice sons are referred to. said document which of said hearing by mailing copies of this is on file in the office of this Commission, order by registered mail to declarants or for a statement of the transactions applicants and to the Illinois Commerce therein proposed, which are summarized Commission, and that notice of said as follows:
1.
American Utilities Service Corporahearing be given to all other persons by publication of a copy of this order in the tion proposes to sell to Fred D. Ellis of F ederal R eg ister .
Chicago, Illinois, all 95,000 shares, par It is further ordered, That any person value $5 per share of the issued and outdesiring to be heard in connection with standing common stock of Northwestern this proceeding or proposing to inter Illinois Utilities Northwestern, an vene herein, shall file with the Secretary electric and gas utility company and a of the Commission on or before February subsidiary company of American, to 12,1944, his request or application there gether with the unsecured 6 % promis for as provided by Rule X V II of the Rules sory note of Northwestern dated Novem of Practice of the Commission.
ber 1, 1938 and due November 1, 1964 in It is further ordered, That Robert the principal amount of $375,000, for a P. Reeder or any other officer or officers cash consideration of $840,000 with inter of the Commission designated by it for est at the rate of 6 % per annum from that purpose, shall preside at such hear January 1, 1944 to closing date. It is ing. The officer so designated to preside contemplated that said sale and pur at such hearing is hereby authorized to chase will be consummated not later exercise all powers granted to the Com than April 30,1944.
mission under section 18 e of the act 2.. The Northwestern securities pro and to a trial examiner under the Com posed to be sold by American are pres missions Rules of Practice.
ently pledged with Continental Illinois It is further ordered, That, without National Bank and Trust Company of limiting the scope of the issues presented Chicago, as Trustee, under the Indenture by said declaration or application other securing the Collateral Trust 6 % Bonds, wise to be considered in this proceeding, Series A, of American. The proceeds of particular attention will be directed at the sale of the Northwestern securities the hearing to the following matters and will be delivered by Americanto the questions:
above Trustee in accordance with the 1. Whether the consideration to be re terms of said Indenture, and used to re ceived, including all fees, commissions tire $800,000 in principal amount of said and other remuneration to whomsoever 6 % Collateral Trust Bonds.
paid in connection with the proposed 3. Proceedings are now pending before transactions, is fair and reasonable.
the Commission, pursuant to sections 2. Whether competitive conditions 11 e , 11 b 1 and 11 b 2 of the have been maintained for the sale of the Public Utility Holding Company Act of 1935 with respect to the simplification securities.
3. The propriety of the proposed ac and integration of the holding company counting treatment of th transactions system of American. American states that the transaction proposed herein is on the books of the declarant or appli in furtherance of its program whereby cant.
4. The identity of the purchaser, and American will cease to be a holding com his interest, if any, in any other public pany under the act.
4. The said declaration or application utility.
contains a request that the Commission 5. Whether the Commission should enter an order reciting in substance that enter an order pursuant to section 11 b the transactions proposed herein are or 11 e of the act requiring or approv necessary or appropriate to effectuate ing the action proposed.
the provisions of section 11 b of the 6 . Whether the action proposed to be act.
taken is necessary or appropriate to ef It appearing to the Commission that it fectuate the provisions of section <11 b is appropriate in the public interest and of the Public Utility Holding Company in the interest of investors and con Act of 1935.
sumers that a hearing be held with re 7. Whether the action proposed to be spect to said matters, and that said taken is fair and equitable to the persons declaration should not become effective affected thereby.
nor said application be granted except 8 . Whether it is necessary or appro pursuant to further order of the priate to impose terms or conditions in Commission;
the public interest or for the protection It is ordered, That a hearing on such of investors or consumers.
matters under the applicable provisions
9.
Generally, whether all actions pro posed to be taken comply with the re quirements of the Public Utility Holding Company Act of 1935 and Rules, Regula tions or Orders promulgated thereunder.
By the Commission.
seal!
O rval L. DtrBois, Secretary.
P. R. Doc. 44-1424; Piled, January 28, 1944;
11:42 a. m.

WAR PRODUCTION BOARD
F raser P aper , L im it e d CONSENT ORDER

Fraser Paper, Limited, of Madawaska, Maine, doing business under the name and style of Fraser Paper, Limited, is charged by the W ar Production Board with violating Limitation Order L - l l , in that it produced during the period from November 15, 1941 to October 1, 1943, various runs of certain grades of paper the brightness of which exceeded the brightness ceilings specified in para graph d 1 of the order; said Fraser Paper, Limited, admits the above viola tions charged without, however, ad mitting that it was done wilfully, and has consented to the issuance of this order.
Wherefore, upon the agreement and consent of Fraser Paper, Limited, the Regional Compliance Chief and the Regional Attorney, and upon the ap proval of the Compliance Commissioner, It is hereby ordered, That:
a Fraser Paper, Limited, shall sub mit for a period of six months to the Manager of the W ar Production Board Compliance Department in Region I be fore the tenth day of each month, an accurate transcript of each of its bright ness tests made by the General Electric Brightness Tester on its runs of paper production for the preceding month.
Each test shall include: date of manu facture; number of machine runs; basis weight of paper; grade of paper; ton nage of run; brightness test; applicable L - l l ceiling.
b Nothing contained in said order shall be deemed to relieve said Fraser Paper, Limited, its successors or assigns, from any restriction, prohibition or pro vision contained in any other order or regulation of the W a r Production Board, except in so far as the same may be inconsistent with the provisions hereof.
c This order shall take effect on January 27, 1944 and shall expire on July 27, 1944.
Issued this 20th day of January 1944.
W ar P roduction B oard, By J. J oseph W helan , Recording Secretary.
P. R. Doc. 44-1409; Piled, January 27, 1944;
4:25 p. m.

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Federal Register - January 29, 1944

TitreFederal Register

PaysÉtats-Unis

Date29/01/1944

Page count26

Edition count7869

Première édition14/03/1936

Dernière édition02/10/2026

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