For sale by the Superintendent of Documents, U. S. Government Printing Office
Washington 25, D. C. Price $3.75 (Buckram)

EDMOND M. HANRAHAN, Chairman.

Took oath of office July 22, 1946, elected chairman May 28, 1948.

ROBERT K. McCONNAUGHEY, Commissioner.

Took oath of office December 29, 1943.

RICHARD B. McENTIRE, Commissioner.
Took oath of office June 4, 1946.

HARRY A. McDONALD, Commissioner.
Took oath of office March 26, 1947.

PAUL R. ROWEN, Commissioner.
Took oath of office May 28, 1948.

ORVAL L. DuBois, Secretary.

II

28 S. E. C.

DEPOSITED BY THE
UNITED STATES OF AMERICA
928.55

CONTENTS

Members of the Securities and Exchange Commission...

Table of Decisions and Reports citing Sections of Acts in-

volved...

Decisions and Reports of the Commission.

Page

II

V

CHAPTER X OF THE NATIONAL BANKRUPTCY ACT (AS AMENDED)

Aireon Manufacturing Co. ---

522

*During the period covered by this volume there were no opinions containing case headnotes under

these Acts.

28 S. E. C.

III