Federal Register - August 24, 1939

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Source: Federal Register

3712

FEDERAL REGISTER, Thursday, August 24, 1939

Signed at Washington, D. C., this 22 of Ebasco Services Incorporated, a sub seamless branch and not less than 35
sidiary of Electric Bond and Share Com day of August 1939.
an hour in the iull-fashioned branch.
pany, a registered holding company, on 3. Number of learners, a Except as E lmer F . A n dr e w s , behalf of itself and its wholly-owned Administrator.
otherwise provided in this Section, no subsidiary, Phoenix Engineering Corpo learners certificate shall authorize the Filed, August 23, 1939; ration, pursuant to Rule U-13-22 under employment of learners in excess of 5% P. R. Doc. 39-3108;
10:48 a. m.
the Act, with respect to the organization of the total number of factory workers and conduct of its business as a subsid not including office and sales person iary service company. Neither Ebasco nel employed in the plant; provided, Services Incorporated nor its whollyhowever, that employment of as many as SECURITIES AND EXCHANGE COM owned subsidiary, Phoenix Engineering five learners may be authorized in any MISSION.
Corporation, is a mutual company. All certificate.
of the outstanding capital stock of United States of AmericaBefore the b The number of learners to be Ebasco Services Incorporated is held by Securities and Exchange Commission employed under any Special Certificate Electric Bond and Share Company and authorizing the employment of learners At a regular session of the Securities all of the outstanding capital stock of in new plants or for extensive expan and Exchange Commission, held at its Phoenix Engineering Corporation is held sion shall be limited to the number of office in the City of Washington, D. C., by Ebasco Services Incorporated.
learners whose employment at sub-min on the 23rd day of August, A. D. 1939.
Ebasco Services Incorporated is now imum rates is shown necessary by the segregated into two divisions, i. e., the Pile Nos. 37-31, 37-44
employer to prevent curtailment of op United States Division and the Interna portunities for employment under Sec I n the M atter of E basco S ervices I n tional Division. It is stated that the tion 14 of the Act.
corporated and P h o e n ix E ngineering purpose of this segregation was to enable 4. Duration of certificates. Special C orporation ; and E basco S ervices I n Ebasco Services Incorporated to deter Learner Certificates authorizing the corporated and E basco I nternational mine the cost of rendering such services employment of learners not in excess of to those client companies located and C orporation 5% of total factory employees and cer operating respectively within and with tificates authorizing not more than five NOTICE OF AND ORDER FOR HEARING
out the United States. In order that learners shall be valid for a period of one these costs might be properly recorded, A
declaration and applications pur year unless sooner revoked because an separate sets of books are kept to seg adequate supply of experienced workers suant to Rules U1322 and U13-4 regate and record the transactions and are available or for other cause, or un promulgated under the Public Utility costs of each division. Each division less the wages set by the Administrators Holding Company Act of 1935, having includes, as part of its cost, a proportion Wage Order are changed. Special Cer been duly filed with this Commission by of certain salaries chargeable thereto tificates authorizing the employment of the above-named parties;
and the proportion of overhead appli It is ordered, That these matters be cable thereto, together with all general learners in excess of 5% shall be valid for a period not exceeding eight months consolidated for the purpose of hearing overheads. There also is included, as a unless sooner revoked for cause or un and that a hearing on such consolidated part of the cost of each division, depre less the wages set by the Administrators matter be held on September 18, 1939, at ciation and a reserve for contingencies 10:00 oclock in the forenoon of that and, for the United States Division, a Wage Order are changed.
day, at the Securities and Exchange 5. Learners certificates. All Special Building, 1778 Pennsylvania Avenue 6% return on working capital.
The Phoenix Engineering Corporation Certificates shall include, among other NW., Washington, D. C. On such day matters, the learner occupations, periods the hearing-room clerk in room 1102 is stated to be, in effect, the incorporated of service and rates set forth herein will advise as to the room where such construction and special engineering de above; the definition of a learner; the hearing will be held. At such hearing, partment of Ebasco Services Incorpo requirement that the employer shall ex if in respect of any declaration, cause rated. It performs designated construc tion and engineering services. These ercise due diligence to secure experienced workers before employing inexperienced shall be shown why such declaration services are performed at cost to United shall become effective.
client companies.
workers at learner rates in their stead;
It is further ordered, That Richard States Ebasco Services Incorporated, through the requirement that the certificate shall Townsend or any other officer or officers its International Division, Empresas be posted continuously during its valid of the Commission designated by it for ity in a conspicuous place in the plant that purpose shall preside at the hear Eléctricas Brasileñas, S. A. and Phoenix where the learners are to be employed; ings in such matter. The officer so des Engineering Corporation both whollyand a prohibition against the violation ignated to preside at any such hearing owned subsidiaries of Ebasco Services of any of the terms and conditions set is hereby authorized to exercise all pow Incorporated and Compania Construc del Pacifico a wholly-owned sub forth in the certificate.
ers granted to the Commission under tora sidiary of Phoenix Engineering Corpora section 18
c of said Act and to a trial Whereas said Findings and Determina tion performed services for client com tion were duly filed with the Adminis examiner under the Commissions Rules panies outside the United States at trator on August 21, 1939, and are now of Practice to continue or postpone said prices not limited to cost.
on file in his office, Room 5144, Depart hearing from time to time.
In anticipation of a proposed reor Notice of such hearing is hereby given ment of Labor Building, Washington, ganization applications and declaration to such declarant or applicant and to D. C and available for examination by any other person whose participation in in connection therewith having been all interested parties;
filed in a separate proceeding and which Now, therefore, pursuant to the provi such proceeding may be in the public have not yet been acted on by the Com sion of Section 522.13 of the aforesaid interest or for the protection of investors mission, File No. 47-36 whereby the regulations, as amended, notice is hereby or consumers. It is requested that any properties and assets of Ebasco Services given that any person aggrieved by the person desiring to be heard or to be ad Incorporated used in connection with its said determination may within fifteen mitted as a party to such proceeding foreign business will be transferred to days after the date this notice appears shall file a notice to that effect with the Ebasco International Corporation, a in the F ederal R egister file petitions with Commission on or before September 13, New York corporation, in consideration the Administrator requesting that he 1939.
The matter concerned herewith is in for the issuance by Ebasco International review the determination of the said regard to a declaration File No. 37-31 Corporation of 7,000 shares of its capirepresentative.

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Federal Register - August 24, 1939

TitoloFederal Register

PaeseStati Uniti

Data24/08/1939

Conteggio pagine6

Numero di edizioni7802

Prima edizione14/03/1936

Ultima edizione25/06/2026

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