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FEDERAL REGISTER, Wednesday, August 7, 1940
specified for use by the said Belmont Osborn Gold Mining Company; and n The Commission having reasonable cause to believe:
That said Belmont Osborn Gold Min ing Company has failed to comply with said Section 13 and said Rules X-13A-1
and X-13A-2 in that it has failed to file its annual report on Form 10-K for the fiscal year ended December 31, 1939; and
in
office in the City of Washington, D. C., on the 5th day of August, A. D. 1940.
The Detroit Edison Company having applied under section 2 a 8 of the Public Utility Holding Company Act of 1935 for orders declaring it not to be a subsidiary of American Light & Traction Company, Gardner & Brown, The North American Company, The United Light and Power Company, or The United Light and Railways Company; a hearing and oral argument on said applications having been duly held; the record having been duly considered; and the Commis sion having made appropriate findings;
It is ordered, That said applications be and the same are hereby granted with respect to American Light & Traction Company, The United Light and Power Company, and The United Light and Railways Company; and It is further ordered, As a condition to the granting of said applications, j that the Detroit Edison Company shall file with the Commission annually on or before each 15th day of August a re port which shall disclose whether 1
any directors or officers of The Detroit Edison Company are at the same time directors or officers of The United Light and Power Company or any of its sub sidiary companies or affiliates, 2 any directors or officers of The Detroit Edi son Company are representatives or designees of The United Light and Power Company or any of its subsidiary companies or affiliates, and 3 there have been transactions between The Detroit Edison Company and The United Light and Power Company or any of its subsidiary companies or affiliates.
It is further ordered, That the appli cation with respect to The North Amer ican Company be and the same is hereby denied.
It is further ordered, That the appli cation with respect to Gardner & Brown be and the same is hereby dismissed.
By the Commission.
seal F rancis P. B rassor, Secretary.

It being the opinion of the Commission th at the hearing herein ordered to be held is necessary and proper in the pub lic interest and to aid in the enforce ment of the provisions of the Securities Exchange Act of 1934, as amended;
It is ordered, Pursuant to section 19 a 2 of said Act, th at a public hearing be held to determine whether Belmont Osborn Gold Mining Company has failed to comply with section 13 of the Securities Exchange Act of 1934, as amended, and the rules, regulations and forms promulgated by the Commis sion thereunder, in the respects set forth above; and if so, whether it is neces sary or appropriate for the protection of investors to suspend for a period not exceeding twelve months or to withdraw the registration of the Common Capital Stock, 100 Par Value, Assessable, of said Belmont Osborn Gold Mining Company on said San Francisco Mining Exchange;
It is further ordered, Pursuant to the provisions of section 21 b of the Se curities Exchange Act of 1934, as amended, th a t for the purpose of such hearing, John G. Clarkson, an officer of the Commission, is hereby designated to administer oaths and affirmations, subpoena witnesses, compel their attend ance, take testimony and require the production of any books, papers, cor respondence, memoranda or other records deemed relevant or material to the inquiry, and to perform all other duties in connection therewith author ized by law;
F. R. Doc. 40-3267; Piled, August 6, 1940;
I t is further ordered, That the taking 11:21 a. m.
of testimony in this hearing begin on the 3rd day of September, 1940, at 10:00
A. M. at the Regional Office of the File No. 70-124
Securities and Exchange Commission, T he B radford & G ettysburg E lectric 625 Market Street, San Francisco, Cal Light and P ower C ompany , T he ifornia, and continue thereafter at such B rookville and L ewisburg L ighting time and place as the officer hereinbe Company , T he B uckeye Light &
fore designated may determine.
P ower C ompany , T he E aton L ighting By the Commission.
C ompany , T he G reenville E lectric seal F rancis P. Brassor, L ight and P ower C ompany , T he N ew Secretary.
M adison L ighting C ompany , W estern F. R. Doc. 40-3268; FUed, August 6, 1940;
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O hio P ublic S ervice C ompany , U nited P ublic U tilities C orporation notice regarding filing
Pile Nos. 31-388, 31-466
At a regular session of the Securities I n the M atter of T he D etroit E dison and Exchange Commission, held at its office in the City of Washington, D. C., C ompany
2779

Public Utility Holding Company Act of 1935 by the above-named parties; and Notice is further given th at any in terested person may, not later than August 22, 1940 at 4:30 P. M., E. S. T., request the Commission in writing th at a hearing be held on such matter, stating the reasons for such request and the nature of his interest. At any time thereafter said declarations and appli cations, as filed or as amended, may be come effective or may be granted, as provided in Rule U-8 of the Rules and Regulations promulgated pursuant to said Act. Any such request should be addressed: Secretary, Securities and Ex change Commission, Washington, D. C.
All interested persons are referred to said declarations and applications, which are on file in the office of said Commis sion, for a statement of the transactions therein proposed, which are summarized below:
The principal part of the proposed transaction is the merger of The Brad ford & Gettysburg Electric Light and Power Company, The Brookville and Lewisburg Lighting Company, The Buck eye Light & Power Company, The Eaton Lighting Company, The New Madison Lighting Company and Western Ohio Public Service Company into The Green ville Electric Light and Power Company whose corporate name will be changed to Western Ohio Public Service Co. Said companies are subsidiaries of United Public Utilities Corporation, a registered holding company, and all of their out standing securities are held by said United Public Utilities Corporation and pledged with Provident Trust Company of Philadelphia, trustee under the in denture securing its Collateral Trust Bonds. All of the outstanding securities of the surviving company, which will also be a subsidiary of United Public Utilities Corporation, will be owned and pledged in the same manner.
Prior to such merger, and in connec tion therewith, it is proposed to recap italize two of the merging companies.
With respect to one of such companies it is proposed to restate its capital stock account for the purpose of eliminating an earned surplus deficit of $104,885. It is also proposed, at the time of the mer ger, to issue additional income notes of the surviving company, which will re duce the combined earned surplus of the companies to be merged by an amount of approximately $477,271 and increase the combined funded debt in the same amount.
Applicants and declarants have indi cated that there may be applicable to the foregoing transactions Sections 7, 9 and 10 of the Holding Company Act, and R u l e s U-12B1, U-12C-1, U-12C-2, U-12C-3, U-12D-1 and U-12-F1 promul gated thereunder.
By the Commission.

seal F rancis P. B rassor, on the 5th day of August, A. D. 1940.
Secretary.
Notice is hereby given that declara At a regular session of the Securities tions and applications have been filed P. R. Doc. 40-3269; Filed, August 6, 1940;
11:22 a. m.
and Exchange Commission, held at its with this Commission pursuant to the ORDER APPROVING APPLICATIONS