Federal Register - April 9, 1940
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Source: Federal Register
1376
FEDERAL REGISTER, Tuesday , April 9, 1940
or commissions in connection with the placing of the said bonds and that the amount of the said fees or commissions had not been determined at the time of the hearing on the said amended appli cation of Dresser Power Corporation;
and The Commission in said Order of Oc tober 14, 1939, having in the public in terest and for the protection of investors and consumers reserved jurisdiction over the payment of any fees or commissions in connection with the placing of the said bonds; and Dresser Power Corporation having filed a supplemental application setting forth the amount of the fees or com
missions which it proposes to pay in con nection with the placing of the said bonds; and It appearing to the Commission that the said fees or commissions of $10,400
for legal services and $5,000 for financial and engineering services, together with expenses amounting to $555.28, which Dresser Power Corporation proposes to pay in connection with the placing of the said bonds, are not unreasonable:
It is ordered, That the reservation of jurisdiction by the Commission over the payment of any fees or commissions in connection with the placing of the said bonds be, and the same hereby is, re linquished;
It is further ordered, That the para graph numbered 5 of the Commis sions Order of October 14, 1939, which reads: .
5 That the Commission reserves jurisdiction over the payment of any fees or commissions in connection with the placing of the bonds.
be, and the samehereby is, no longer in effect.
By the Commission.
seal
F rancis P. B rassor,
Secretary.
F. R. Doc. 40-1429; Filed, April 8, 1940;
11:42 a. m.