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86

FEDERAL REGISTER, J a n u a ry 13, 1937

3 In that Item 6 b , Division n , neglects to state that a portion of the taxes paid are to be deducted from the pay ment to each interest holder.
4 In that the clause "or disapproved is omitted from the second paragraph, Division I.
It is ordered, pursuant to Rule 340 a of the Commis sions General Rules and Regulations under the Securities Act of 1933, as amended, that the effectiveness of th filing o f said offering sheet be, and hereby is, suspended until the 10th day of February 1937 that an opportunity for hearing be given to the said respondent for the purpose of deter mining the material completeness or accuracy of the said offering sheet in the respects in which it is herein alleged to be incomplete or inaccurate, and whether the said order o f suspension shall be revoked or continued; and It is further ordered that Charles S. Lobingier, an officer o f the Commission, be and hereby is designated as trial examiner to preside at such hearing, to continue or ad journ the said hearing from time to time, to administer oaths and affirmations, subpoena witnesses, compel their attendance, take evidence, consider any amendments to said offering sheet as may be filed prior to the conclusion of the hearing, and require the production of any books, papers, correspondence, memoranda, or other records deemed relevant or material to the inquiry, and to per form all other duties in connection therewith authorized by law; and It is further ordered that the taking o f the testimony in this proceeding commence on the 25th day of January 1937
at 2:00 oclock in the afternoon, at the office of the Securi ties and Exchange Commission, 18th Street and Pennsyl vania Avenue, Washington, D. C., and continue thereafter at such times and places as said examiner may designate.
Upon the completion of testimony in this matter the examiner is directed to close the hearing and make his report to the Commission.
By the Commission.
seal
F rancis P. B rassor, Secretary.
F. R. Doc. 37113; Filed, January 12,1937; 1:01 p. m.

United States of America Before the Securities and Exchange Commission At a regular session of the Securities and Exchange Com mission held at its office in the City of Washington, D. C., on the 11th day of January A. D. 1937.
In
the M atter of an O ffering S heet of a in the P h illips L C o m m u n ity L ease ,
4, 1937,
b y - G eneral
I ndustries
R oyal ty I nterest F iled on J anuary C orp ., L td., R espondent
SUSPENSION ORDER, ORDER FOR HEARING UNDER RULE 340
AND ORDER DESIGNATING TRIAL EXAMINER

A,
The Securities and Exchange Commission, having reason able grounds to believe, and therefore alleging, that the offering sheet described in the title hereof and filed by the respondent named therein is incomplete or inaccurate in the following material respects, to wit:
1 In that Item 17 e , Division n , is inconsistent as to the number of acres, with Item 2 c and Exhibit B.
2 In that Exhibit B states lot Q is included on this tract;
lot Q is not shown on Exhibit A.
3 In that Item 19, Division n , is untrue.
It is ordered, pursuant to Rule 340 a of the Commissions General Rules and Regulations under the Securities Act of 1933, as amended, that the effectiveness o f the filing of said offering sheet be, and hereby is, suspended until the 10th day of February 1937 that an opportunity for hearing be given to the said respondent for the purpose of determining the material completeness or accuracy of the said offering sheet in the respects in which it is herein alleged to be in complete or inaccurate, and whether the said order of sus pension shall be revoked or continued; and It is further ordered that Charles S. Lobingier, an officer of the Commission, be and hereby is designated as trial ex
aminer to preside at such hearing, to continue or adjourn the said hearing from time to time, to administer oaths and affirmations, subpoena witnesses, compel their attendance, take evidence, consider any amendments to said offering sheet as may be filed prior to the conclusion o f the hearing, and require the production of any books, papers, correspond ence, memoranda, or other records deemed relevant or mate rial to the inquiry, and to perform all other duties in connec tion therewith authorized by law; and It is further ordered that the taking of testimony in this proceeding commence on the 25th day o f January 1937 at 11:00 oclock in the forenoon, at the office of the Securities and Exchange Commission, 18th Street and Pennsylvania Avenue, Washington, D. C., and continue thereafter at such tihies and places as said examiner may designate.
Upon the completion of testimony in this matter the ex aminer is directed to close the hearing and make his report to the Commission.
By the Commission.
seal
F rancis P. B rassor, Secretary.
F. R. Doc. 37-115; Filed, January 12,1937; 1:02 p. m.J

United States of AmericaBefore the Securities and Exchange Commission At a regular session o f the Securities and Exchange Com mission held at its office in the City of Washington, D. C., on the 11th day of January A. D. 1937, In
the
M atter
of an
O ffering S heet
of a
R oyalty I nterest
IN THE SHELL-PHILLIPS-EGERMIER FARM, FILED ON JANUARY

4, 1937,
by
L. H. W it w e r , R espondent
SUSPENSION ORDER, ORDER FOR HEARING UNDER RULE 340 A , AND ORDER DESIGNATING TRIAL EXAMINER

The Securities and Exchange Commission, having rea sonable grounds to believe, and therefore alleging, that the offering sheet described in the title hereof and filed by the respondent named therein is incomplete or inaccurate in the following material respects, to wit:
1. In that Items 16 c and d of Division n are mis calculated if Item 1 o f Division n is correctly stated;
It is ordered, pursuant to Rule 346 a o f the Commissions General Rules and Regulations under the Securities Act of 1933, as amended, that the effectiveness o f the filing of said offering sheet be, and hereby is, suspended until the 10th day o f February 1937 that an opportunity for hearing be given to the said respondent for the purpose of determin ing the material completeness or accuracy of the said offering sheet in the respects in which it is herein alleged to be incomplete or inaccurate, and whether the said order of suspension shall be revoked or continued; and It is further ordered that Charles S. Lobingier, an officer of the Commission, be and hereby is designated as trial examiner to preside at such hearing, to continue or adjourn the said hearing from time to time, to administer oaths and affirmations, subpoena witnesses, compel their attendance, take evidence, consider any amendments to said offering sheet as may be filed prior to the conclusion of the hearing, and require the production of any books, papers, correspond ence, memoranda, or other records deemed relevant or ma terial to the inquiry, and to perform all other duties in con nection therewith authorized by law; and It is further ordered that the taking of testimony in this proceeding commence on the 25th day of January 1937 at 11:30 oclock in the forenoon, at the office of the Securities and Exchange Commission, 18th Street and Pennsylvania Avenue, Washington, D. C., and continue thereafter at such times and places as said examiner may designate.
Upon the completion of testimony in this matter the examiner is directed to dose the hearing and make his report to the Commission.
By the Commission.
seal
F rancis P. B rassor, Secretary.
F. R. Doc. 37-111; Filed, January 12,1937; 1:01 p. m.