Citations
- 179 F.2d 615
Full opinion text
L. HAND, Chief Judge.
The appellant is the holder of "warrants,” issued by a public utility holding company, which was in voluntary reorganization under § 11(e) of the “Public Utility Holding Company Act of 1935.” Each “warrant” gave the holder a perpetual right to call upon the company to issue one and a sixth shares of common stock at $50: i.