A. M. BYERS COMPANY
v.
PENNSYLVANIA

U.S. | 1943-10-11
No. 246
320 U.S. 757 Supreme Court of the United States (1943) Positive Treatment
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  • Baltimore GAS & Elec. Co. & BGE Corp. v. Heintz, 760 F.2d 1408 (4th Cir. 1985)
    …orporations are forbidden to acquire more than ten per cent of a public utility's stock. Flynn v. Commissioners of Dept. of Public Utilities, 302 Mass. 131, 132, 18 N.E. 2d 538, 540 (1939). In Steckler v. Pennroad Corp., 136 F. 2d 197, cert. denied, 320 U.S. 757, 64 S.Ct. 64, 88 L.Ed. 451 (1943), the Third Circuit followed Flynn as to the interpretation of Mass.Gen.Laws Ann. ch. 156 § 5, but followed the plain meaning of a virtually identical New York statute, which explicitly applied to both domestic and f…

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