Utility Corporations: Letters from the Chairman of the Federal Trade Commission Transmitting, in Response to Senate Resolution No. 83, 70th Congress, a Monthly Report on the Electric Power and Gas Utilities Inquiry, Issue 69
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acquired acquisition additional adjustments agreement Answer Arizona assets authorized balance bill bonds capital carry cash cents charged charter Commission common stock Congress connection Constitution construction contract cost created December 31 depreciation directors discount dividends earnings effective engaged exhibit expense Federal incorporation follows Foshay franchise funds gold Government holding Hydro Electric included income increase interest interstate commerce investment issued Jersey July Knoxville legislation less liabilities license Light & Power lines loss Michigan Miscellaneous necessary notes officers Ohrstrom operating organization paid percent period Power & Light Power Corporation preferred stock present President principal amount proposed Public Service purchase Question reason received recorded regulation represents reserve result retirement securities Senator shares shown statement subsidiary surplus Tennessee tion trade trust United Utilities Water
Page 21 - It shall be the duty of the various district attorneys, under the direction of the Attorney General of the United States, to prosecute for the recovery of forfeitures.
Page 218 - That no corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital of another corporation engaged also in commerce where the effect of such acquisition may be to substantially lessen competition between the corporation whose stock is so acquired and the corporation making the acquisition or to restrain such commerce in any section or community or tend to create a monopoly of any line of commerce.
Page 154 - No foreign corporation shall do any business in this State without having one or more known places of business, and an authorized agent or agents in the same upon whom process may be served.
Page 161 - No corporation shall issue stocks or bonds except for money, labor done, or money or property actually received, and all fictitious increase of stock or indebtedness shall be void.
Page 189 - ... or the use of such stock by the voting or granting of proxies or otherwise may be...
Page 169 - The General Assembly shall have the power to alter, revoke, or annul any charter of incorporation now existing and revocable at the adoption of this Constitution, or any that may hereafter be created, whenever, in their opinion it may be injurious to the citizens of this Commonwealth, in such manner, however, that no injustice shall be done to the corporators.
Page 245 - The stock and indebtedness of corporations shall not be increased except in pursuance of general law, nor without the consent of the persons holding the larger amount in value of the stock first obtained at a meeting to be held after sixty days' notice given in pursuance of law.
Page 209 - This section shall not apply to corporations purchasing such stock solely for investment and not using the same by voting or otherwise to bring about, or in attempting to bring about, the substantial lessening of competition.
Page 21 - States, and shall be subject, upon conviction in any court of the United States of competent jurisdiction, to a fine of not less than $1,000 nor more than $5,000, or to imprisonment for a term of not more than three years, or to both such fine and imprisonment.