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FEDERAL REGISTER, Thursday, August 8, 1940
provide th at no Trustees certificates in addition to the certificates of the present issue and not subordinated thereto, shall be issued unless, prior thereto or con temporaneously therewith, all certificates of the present issue shall be redeemed.
If the Court approves, the Trustee pro poses to enter into an agreement with one or more banks or bankers whereby the Trustee shall have the option, from time to time, during a period to be fixed in said agreement, to borrow from said banks or bankers upon said Trustees certificates, sums not to exceed in the aggregate said sum of $200,000, and to pay as consideration for such agreement, a sum not to exceed 1% of the sum or sums th at the Trustee shall have the option to borrow.
The Commission deeming a hearing on such declaration to be appropriate in the public interest and for the protection of investors and consumers;
It is ordered, That a hearing on such m atter under the applicable provisions of said Act and the rules of the Commission thereunder be held on August 14,1940, at 10:00 oclock in the forenoon of that day, at the Securities and Exchange Building, 1778 Pennsylvania Avenue NW., Wash 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 cause shall be shown why such declaration shall become effec tive. At such hearing evidence may be presented respecting among other m at ters the necessity for the issuance of such certificates, the times and amounts in which they may be issued, the terms and provisions of such certificates, and any provisions which may be attached thereto respecting payment thereof.
It is further ordered, That Charles S.
Moore 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 Com m ission under section 18 c of said Act and to a trial examiner under the Commissions Rules of Practice.
Notice of such hearing is hereby given to such declarant and to any other per son whose participation in such proceed ing may be in the public interest or for the protection of investors or consumers.
I t is requested that any person desiring to be heard or to be admitted as a party to such proceeding shall file a notice to th at effect with the Commission on or before August 12, 1940.
By the Commission.

2785

File No. 1-2797
Green Mountain Power Corporation, and P roducers C orpora to determine the necessity of the services C ommon S tock, 250 and the equitableness of the allocation
In
the M atter of tion of N evada P ar Value
order granting request for withdrawal of application
At a regular session of the Securities and Exchange Commission, held at its office in the City of Washington, D. C., on the 6th day of August, A. D. 1940.
Producers Corporation of Nevada, pursuant to section 12 d of the Securi ties Exchange Act of 1934, and Rule X-12D2-1 promulgated thereunder, hav ing made application to the Commission to withdraw its Common Stock 250 Par Value, from listing and registration on the Board of Trade of the City of Chi cago; and The applicant having requested under date of August 5, 1940, th at its applica tion be withdrawn;
It is ordered, That the request of the applicant be and it is hereby granted.
By the Commission.
seal
F rancis P . B rassor,
Secretary.
F. R. Doc. 40-3283; Filed, August 7, 1940;
11:21 A. M.
File No. 4-21
I n the M atter of N ew E ngland P ower Association, N ew E ngland P o w e r S ervice Company, B e l l o w s F a l l s H ydro - E lectric C orporation, and G reen M ountain P ower C orporation notice of and order for hearing
of charges for such services; said State Commission having further requested that proceedings be instituted, pursuant to the Public Utility Holding Company Act of 1935, to obtain an administrative determination of these questions; said State Commission having further al leged that it has reasonable cause to believe th at the allocation of charges is unfair and inequitable and th at the serv ices are unnecessary:
It is ordered, Pursuant to sections 13
and 18 of the Public Utility Holding Company Act of 1935, upon the request of the Public Service Com m ission of Vermont, that a public hearing be held for the purpose of investigating and de termining the matters requested by said State Commission and for the purpose of obtaining information regarding the business, financial condition, and prac tices of New England Power Service Company, particularly in regard to Bel lows Falls Hydro-Electric Corporation and Green Mountain Power Corporation, including such facts, conditions, prac tices or matters affecting the relations between any of such companies and any other company or companies in the New England Power Association holding company system as may be necessary to determine such matters presented by said State Commission;
It is further ordered, That a public hearing on these matters be held on the 12th day of September, 1940, at 10 oclock in the forenoon of th at day in the Court Room of the United States District Court for the District of Vermont in the United States Post Office Building in Montpelier, Vermont;
It is further ordered, That Commis sioner Robert E. Healy and Adrian C.
Humphreys, a duly appointed trial ex aminer of this Commission, are desig nated to preside at the hearing in such matters, they or either of them being 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.
Notice of such hearing is hereby given to said companies and to any other per son whose participation in such proceed ing 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 September 7,1940.
By the Commission.

At a regular session of the Securities and Exchange Commission at its office in the City of Washington, D. C., on the 6th day of August, A. D. 1940.
Whereas New England Power Associa tion is a registered holding company; and Whereas New England Power Service Company is a subsidiary of said New England Power Association, which ren ders services to the members of New England Power Association holding-com pany system, including among others Bellows Falls Hydro-Electric Corporation and Green Mountain Power Corporation, likewise subsidiaries of New England Power Association; and Whereas said Bellows Falls HydroElectric Corporation and said Green Mountain Power Corporation are publicutility companies operating within the State of Vermont; and Whereas the Public Service Commis sion of the State of Vermont has re quested the Securities and Exchange Commission to investigate the contracts seal F rancis P. B rassor, in force between 1 New England Power seal F rancis P. B rassor, Secretary.
Service Company and Bellows Falls Secretary.
F. R. Doc. 40-3282; FlTed, August 7, 1940; Hydro-Electric Corporation and 2 New F. R. Doc. 40-3284; Filed, August 7, 1940;
England Power Service Company and 11:21 a. m.
11:43 a. m.