Business & Finance: Challenge

Amazed last week was Chairman James McCauley Landis of the Securities & Exchange Commission by the name sent in to him by a caller—President Sydney Richard Inch of Electric Bond & Share, biggest power holding company in the U. S. and defendant in the SEC's test suit on the Public Utility Act of 1935. Mr.

Inch chatted amicably with Chairman Landis and his fellow Commissioners, made an inspection tour of the SEC division which will police his business if Bond & Share loses its case. Why Mr. Inch suddenly decided to call on his...

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