Salt Lake Telegram | 1935-11-20 | Page 1 | Utility Opens Fight on Antiholding Act

UTILITY OPENS FIGHT ON PHILADELPHIA Nov No 20 rP- rP P The directors of the United Gas Improvement company compan today announced announced announced an an- the firm would refuse to register with the securities exchange exchange exchange ex ex- change commission and would fight the public utilities holding company act in the federal courts A statement issued by the directors directors directors tors said not only the company but it its subsidiaries would be urged to decline to register with S. S E. E C. C as ws required by the act Because We ve are arc convinced that this title act cannot be sustained under the commerce power the postal power or any other the 5 statement teme t said we have no hesitation hesitation tion in advising the tho United Gas Improvement Improvement Improvement Im Im- provement company and its subsidiary subsidiary subsidiary sub sub- holding companies to refuse to register I