Federal Register - July 30, 1952
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Source: Federal Register
6994
NOTICES
haul provision of section 4 1 of the Intertsate Commerce Act.
Piled by: F. C. Kratzmeir, Agent, for carriers parties to Agent W. P. Emerson, Jr.s tariff I. C. C. No. 378. pursuant to fourth-section order No. 16101.
Commodities involved:
Liquefied chlorine gas, in tank-car loads.
Prom: Baton Rouge and North Baton Rouge, La.
To: Cincinnati, Ohio, Indianapolis, Ind., and Madison, Wis.
Grounds for relief: Circuitous routes and operation through higher-rated ter ritory.
Any interested person desiring the Commission to hold a hearing upon such application shall request the Commis sion in writing so to do within 15 days from the date of this notice. As pro vided by the general rules of practice of the Commission, Rule 73, persons other than applicants should fairly dis close their interest, and the position they intend to take a t the hearing with respect to the application. Otherwise the Commission, in its discretion, may proceed to investigate and determine the m atters involved in such applica tion without further or formal hearing.
If because of an emergency a grant of temporary relief is found to be neces sary before the expiration of the 15day period, a hearing, upon a request filed within that period, may be held subsequently.
By the Commission, Division 2.
seal W. P. B artel, Secretary.
P. R. Doc. 52-8308; Piled, July 29, 1952;
8:46 a. m.
4th Sec. Application 27253
R ail-W ater Class R ates B etween B altimore, M d., and the S outh APPLICATION FOR RELIEF
J uly 25, 1952.
The Commission is in receipt of the above-entitled and numbered applica tion for relief from the long-and-shorthaul provision of section 4 1 of the Interstate Commerce Act.
Filed by: R. E. Boyle, Jr., Agent, for the Baltimore Steam Packet Company and other carriers parties to Agent C. A.
Spaningers tariff I. C. C. No. 1312.
Involving: Class rates.
Between: Baltimore, Md., and points taking same rates, on the one hand, and points in southern territory, on the other, over rail-water or water-rail routes.
Grounds for relief: Rail competition, circuity, grouping, and to maintain rates differentially related to all-rail rates.
Schedules filed containing proposed Public hearings having been held after rates: C. A. Spaninger, Agent, T. C. C. appropriate notice, at which hearings all No. 1312.
interested persons were afforded an op Any interested person desiring the portunity to be heard;
Commission to hold a hearing upon such North American having requested the application shall request the Commis Commission to enter an order finding sion in writing so to do within 15 days th at the Amended Plan is necessary to from the date of this notice. As pro effectuate the provisions of section 11
vided by th e general rules of practice of b of the act and is fair and equitable the Commission, Rule 73, persons other to the persons affected thereby;
than applicants should fairly disclose North American having further re their interest, and the position they in quested the Commission, pursuant to tend to take at the hearing with respect section 11 e of the act, to apply to an to the application. Otherwise the Com appropriate court, in accordance with mission, in its discretion, may proceed the provisions of section 18 f of the act, to investigate and determine the matters to enforce and carry out the terms and involved in such application without fur provisions of the Amended Plan;
ther or formal hearing. If because of The Commission being duly advised, an emergency a grant of temporary re and having this day issued its findings lief is found to be necessary before the and opinion, on the basis of said findings expiration of the 15-day period, a hear and opinion, and pursuant to the appli ing, upon a request filed within that cable provisions of the act and the rules period, may be held subsequently.
and regulations thereunder It is ordered, That North American By the Commission, Division 2.
take appropriate steps, consistent with seal W. P. B artel, the act and the rules and regulations Secretary.
thereunder, to liquidate and dissolve NAUSCORP.
F. R. Doc. 52-8309; Filed, July 29, 1952;
It is further ordered, That the Amend 8:46 a. m.
ed Plan be, and it hereby is, approved subject to the terms and conditions con tained in Rule U-24 of the general rules SECURITIES AND EXCHANGE
and regulations promulgated under the COMMISSION
act and to the following additional terms and conditions:
File Nos. 54-171, 59-92
1. The order entered herein shall not N orth A merican Co. and N orth A merican be operative to authorize the consum U tility S ecurities Corp.
mation of the transactions proposed in the Amended Plan until a court of com ORDER DIRECTING DISSOLUTION AND
petent jurisdiction shall, upon applica APPROVING PLAN
tion thereto, enter an order enforcing J uly 23, 1952.
said plan.
In the matter of The North American 2. North American and NAUSCORP
Company, Pile No. 54-171; North Ameri shall pay only such fees and expenses can Utility Securities Corporation, The in connection with the Amended Plan North American Company, Pile No. and the proceedings relating thereto as 59-92.
the Commission may approve on appro The North American Company priate application made to it.
North American, a registered hold 3. Jurisdiction be and it hereby is spe ing company, having filed a plan and an cifically reserved with respect to the fol amendment thereto Amended Plan lowing matters:
pursuant to section 11 e of the Public a. The supervision of efforts to locate Utility Holding Company Act of 1935 public common stockholders entitled to the act providing, among other a cash payment under the terms of the things, for the liquidation and dissolu Amended Plan, tion of its subsidiary, North American b. The entertaining of such further Utility Securities Corporation NAUSproceedings, entering of such further CORP by a cash payment of $9.00 per orders and the taking of such other ac share for the publicly held common stock tion as may be necessary or appropriate of NAUSCORP and the distribution of to effectuate the provisions of section the remaining assets of NAUSCORP to 11 b of the act and as may be appro North American;
priate in connection with the Amended The Commission having by notice and Plan, the transactions incident thereto order dated August 3, 1948, instituted and the consummation thereof.
proceedings pursuant to section 11 b, By the Commission.
2 of the act with respect to North seal O rval L. D uB ois , American and NAUSCORP, and the Secretary.
Commission having consolidated the F. R. Doc. 52-8304; Filed, July 29, 1952;
proceedings under sections 11 b 2
8:45 a. m.
and 11 e of the act;