Voglio sapere a riguardo di…

2200

F E D E R A L R E G IS T E R , Thursday, June /, 1939

ing previously ordered on May 6, 1939
in this proceeding be extended to in clude in addition to the A ir Travel Card Plan, A ir Travel Contracts, Tariffs, and all Amendments and Supplements there to and all practices in connection there with, the following matters:
1 The fifteen percent 15% discount on Government fares, and 2 Any other discounts on passenger fares of the above-named carriers which are only available to special classes of passengers excluding the special dis counts available to children, And it is further ordered, That all of the above-named air carriers are made respondents.
By the Authority:
seal
P a u l J. F r iz z e l l ,
Secretary.
F . R. Doc. 39-1882; Filed, May 31, 1939;
12:24 p. m .

SECURITIES AND EXCHANGE COM
MISSION.
United States of America Before the Securities and Exchange Commission A t a regular session of the Securities and Exchange Commission held at its office in the City of Washington, D. C., on the 31st day of May, A. D. 1939.
File No. 56-40
In
M a t t er o f I n d i a n a & M ic h ig a n E l e c t r ic C o m p a n y , A m e r ic a n G as a n d E l e c t r ic C o m p a n y the
NOTICE OF AND ORDER FOR HEARING

ington, D. C. On such day the hearingroom clerk in room 1102 will advise as to the room where such hearing will be held.
At such hearing, if in respect of any declaration, cause shall be shown why such declaration shall become effective.
I t is further ordered, That Robert P.
Reeder or any other officer or officers of the Commission designated by it for that purpose shall preside at the hearings in such matter. The officer so designated to preside at any such hearing is hereby authorized to exercise all powers granted to the Commission under section 18 c of said Act and to a trial examiner under the Commissions Rules of Practice to continue or postpone said hearing from time to time.
Notice of such hearing is hereby given to such declarant or applicant and to any other person whose participation in such proceeding may be in the public interest or for the protection of investors or consumers. It is requested that any person desiring to be heard or to be admitted as a party to such proceeding shall file a notice to that effect with the Commission on or before June 12, 1939.
The matter concerned herewith is in regard to the issuance and sale by Indi ana & Michigan Electric Company, a subsidiary of American Gas and Electric Company, a registered holding company, of $22,500,000 principal amount of First Mortgage Bonds 3 & % Series due 1969, $2,000,000 principal amount of Ten-year 2%% Promissory Note, maturing June 15, 1949, and no par common stock not to exceed 150,716 shares. The bonds and note are to be sold privately and the common stock is to be sold to American Gas and Electric Company.
The net proceeds of the issuance and sale of the bonds, note and common stock $26,868,531.25 exclusive of accrued in terest but after deducting estimated ex penses in connection therewith, are to be expended or otherwise used for the following purposes:

Applications pursuant to sections 6 b and 12 d of the Public Utility Holding Company Act of 1935, having been duly filed with this Commission by the abovenamed parties;
I t is ordered, That a hearing on such matter be held on June 16,1939, at 10:00
oclock in the forenoon of that day, at 1 T o purchase for cancella tion from American Gas the Securities and Exchange Building, and Electric Company, 1778 Pennsylvania Avenue N W , Wash at cost to it, $8,241.000

2

principal amount o f First and Refunding Mortgage Gold Bonds, 5% Series due 1955, at a cost, exclusive of ac crued interest o f______ $7,250,490.00
To deposit with the Trus tees, in trust, cash equal to principal and premium required for redemption of the fo l lowing bonds outstand ing:

a The remaining $11,283,000
principal amount of First and Refunding Mortgage Gold Bonds, 5% Series due 1955, to be called for redemp tion on September 1, 1939, at 104% of the principal thereof amounting to-------------- 11, 734,320.00
b The outstanding $5,959,000 principal amount of Indiana and Michigan Electric Company a predecessor of the Com pany First Mortgage Fifty-Year Five Per Cent. Gold Bonds due August 1, 1957 to be caUed for redemption on August 1, 1939, at 108% of the principal thereof amounting t o --------------------------------6,435,720.00
T o t a l---------------------------- 25,420,530.00
3

The remainder of the net proceeds,"
esti mated at $1,448,001.25
together with other funds of the Company, sufficient to make a total of $3,000,000.00 are to be deposited with the Corporate Trustee under the Mortgage securing the First Mortgage Bonds to be issued pursuant to the provisions of Section 21
of said Mortgage. Cash so deposited may be withdrawn, as provided in the Mortgage, against 100% of property addi tions made subsequent to December 31, 1938.

By the Commission.
seal
F r a n c is
P. B rassor , Secretary.

F. R. Doc. 39-1879; Filed, May 31, 1939;
11:07 a. m.