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" ... if the issue and sale of such security are solely for the purpose of financing the business of such subsidiary company and have been expressly authorized by the State commission of the State in which such subsidiary company is organized and doing... "
Hearings - Page 217
by United States. Congress. Senate. Committee on Appropriations - 1955
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Decisions and Reports, Volume 11

United States. Securities and Exchange Commission - 1945 - 1290 pages
...received the approval for the proposed issuance and sale of its securities from the public service commission of the state in which it is organized and doing business. This approval has been obtained. In addition, the proceeds must be used "solely for the purpose of...
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Decisions and Reports, Volume 4

United States. Securities and Exchange Commission - 1940 - 1176 pages
...for the purpose of financing the business of Arkansas Western Gas Company as a public utility company and have been expressly authorized by the state commission...state in which it is organized and doing business. The Commission finds that it is appropriate that its order granting the exemption applied for with...
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Decisions and Reports

United States. Securities and Exchange Commission - 1941 - 1690 pages
...proposed issuance is solely for the purpose of financing the business of the subsidiary and has been authorized by the state commission of the state In which it Is organized and doing business. APPEARANCES : Carl S. Stern, Ralph C. Binford and EM Calkin, of the Public Utilities Division of the...
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Decisions and Reports, Volume 27

United States. Securities and Exchange Commission - 1953 - 1110 pages
...granted, where such issue and sale are solely for the purpose of financing the business of the subsidiary and have been expressly authorized by the state commission of the state in which such subsidiary is organized and doing business. ACQUISITION OP UTILITY SECURITIES BY REGISTERED HOLDING...
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Decisions and Reports, Volume 23

United States. Securities and Exchange Commission - 1953 - 824 pages
...conditions, when such issue and sale are solely for the purpose of financing the business of the subsidiary and have been expressly authorized by the state commission of the state in which such subsidiary is organized and doing business. ISSUANCE OF BONDS. Application and declaration by...
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Decisions and Reports, Volume 18

United States. Securities and Exchange Commission - 1950 - 948 pages
...stock are solely for the purpose of financing the business of the company and since such issue and sale have been expressly authorized by the State commission of the State in which Central Vermont is organized and doing business and by the State Commission of the other State in which...
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Decisions and Reports

United States. Securities and Exchange Commission - 436 pages
...exchange of said notes are solely for the purpose of financing the business of the applicant, and the same have been expressly authorized by the State Commission of the State in which the applicant is organized and doing business. It appears, therefore, that the requirements of Section...
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Decisions and Reports

United States. Securities and Exchange Commission - 1953 - 1172 pages
...issue and sale being solely for the purpose of financing the business of the subsidiary and having been expressly authorized by the State Commission of the State in which the subsidiary is organized and doing business, granted, pursuant to Section 6 (b) of the Act, subject...
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Decisions and Reports, Volume 16

United States. Securities and Exchange Commission - 1950 - 856 pages
...such issue and sale is solely for the purpose of financing the business of such subsidiary and has been expressly authorized by the State commission of the State in which such subsidiary Is organized and doing business. APPEARANCES : Solomon Freedman, of the Public Utilities...
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Decisions and Reports, Volume 3

United States. Securities and Exchange Commission - 1940 - 1240 pages
...sale of such security are solely for the purpose of financing the business of such subsidiary company and have been expressly authorized by the state commission of the state hi which such subsidiary company is organized and doing business. Applicant is incorporated under the...
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