The accounts of Oklahoma Gas and Electric Company and of Market Street Railway Company (which is in the Process of liquidation) are not included in consolidation as Standard Gas holds only 47.92% and 39.67%, respectively, of voting control. The accounts of Pittsburgh Railways Company (in process of reorganization since May 10, 1938 under Section 77B and Chapter X of the Bankruptcy Act) and subsidiaries thereof and other street railway subsidiaries of Philadelphia Company are likewise not included in consolidation. APPENDIX D Schedule of Outstanding Securities of Subsidiaries of Standard Gas and Electric Company (excluding Market Street Railway Company and street railway companies comprising the Pittsburgh Railways Company System) As at December 31, 1947 Subsidiaries Consolidated Louisville Gas & Electric Co. (Del.) Duquesne Light Co. See notes on following page. 966 APPENDIX D--Continued (a) Does not include system-held-demand notes and non-current accounts payable of following companies: The following securities (other than short-term bank loans) were issued during 1948: The following securities (other than short-term bank loans and retirements through operation of sinking funds) were retired during 1948:* *System-owned-demand notes and non-current accounts payable of Equitable Gas Company in the amount of $42,124,078 (as of December 31, 1947) and of Finleyville Oil and Gas Company in the amount of $369,413 (as of December 31, 1947) were retired during 1948. The following digest of decisions presents a consolidated summary of the case headnotes arranged alphabetically according to topic headings. The digest is divided into three parts*: Part I, containing decisions under the Securities Exchange Act of 1934; Part II, the Public Utility Holding Company Act of 1935, and Part III, the Investment Company Act of 1940. The case headnotes have not been carried over verbatim into this digest. To facilitate the grouping together of decisions standing for a similar proposition under a single digest heading, it has been necessary in some cases to delete from the headnotes all matter not pertinent to the general proposition for which the headnote stood, i. e., the names of companies, the principal amounts of security issues, etc. To the same end, certain case headnotes have been entirely redrafted for the digest so as to conform to a uniform statement of the general proposition. In a few instances, case headnotes, which were not considered important for the purposes of this digest, have been omitted from the digest altogether. *During the period covered by this volume there were no opinions containing case headnotes under the Securities Act of 1933, the Trust Indenture Act of 1939, or the Investment Advisers Act of 1940. 28 S. E. C. 967 |