by the mailing service which handled the first mailing and will handle this mailing, that if the order to address envelopes is given today, they can mail part of the letters on Monday and the balance on Tuesday. Probably some token mailing could be made on Friday, and this will be requested. In accordance with our understanding on the telephone today, I have instructed the mailing service to proceed with the addressing. The service has been instructed to proceed with printing the enclosed letter in accordance with this proof unless advised of any changes by noon on Thursday, August 5. Very truly yours, FRANCIS CURRIE. STOCKHOLDERS COMMITTEE FOR PUGET SOUND POWER & LIGHT CO., To the Stockholders of Puget Sound Power & Light Co.: August 5, 1955. You will recall that the card enclosed with this letter specifically stated: "This constitutes merely an expression of interest by the undersigned, and is not to be deemed a proxy or authorization to vote shares." Nevertheless, the Securities and Exchange Commission has taken the position that our letter and the enclosed card constituted the solicitation of a proxy, consent, or authorization. Our letter was not filed with the Commission pursuant to its proxy rules, and did not meet the informational requirements of these rules. We assure you that it was never our intention to solicit any proxy, consent, or authorization from you, and we thought our language adequate to express this. Since we never intended to make any use of the cards to commit the stockholders to any course of action, no useful purpose would be served by contesting the Commission's position that these cards constituted proxies, consents, or authorizations. Accordingly, in order to avoid unnecessary litigation, we advise you to disregard the card enclosed with our letter of July 20. No use will be made of any cards already received or which may hereafter be received. Very truly yours, FRANCIS CURRIE, LAURENCE M. MARKS & Co., FRANCIS CURRIE, Esq. Burns, Currie, Rich, Maloney & Rice, New York, N. Y. DEAR FRANK: I attach another letter received from a Puget Sound stockholder which is self-explanatory. The more I think the matter over, the more I am convinced that Kinsey Robinson let us down rather badly. After seeing the stockholders' list, I don't see why he let us go ahead with the letter, at considerable additional expense, and then failed to come through with some merger proposition. With kindest regards, I am Very sincerely yours, LARRY. STOCKHOLDERS COMMITTEE FOR PUGET SOUND POWER & LIGHT Co., To the Stockholders of Puget Sound Power & Light Co.: We wish to thank all those Puget stockholders who have cooperated with us and supported our efforts. Although we have disbanded as a committee, each of us individually will continue an active interest in the company. Very truly yours, LAURENCE M. MARKS, Chairman. Light Co. common stock outstanding: 2,177,879 shares of $10 par value per share. ractically all Washington Water Power Co. common stock was held by American er subsidiary holding company of Electric Bond & Share Co. As of that date the common stock of Washington Water Power Co. outstanding were distributed to an Power & Light Co. Since then the stock has been held by the public generally. officers of corporations, as the case may be. igure for Jan. 1, 1952, reported unavailable. count 111 shares short and officers 100 long. t as of July 20, 1955, 8 of its customers held 1,803 shares of Puget Sound Power & nd 40 of its customers held 7,798 shares of the common stock of Washington Water 0, 1955. 1955, the stockholders committee sent a letter to stockholders of Puget Sound liciting signed cards containing an "expression of interest" in favor of the efforts to work out a plan for the merger" of Puget Sound with Washington Water . is the only firm represented on the stockholders committee which was not an e or securities dealer. Individuals associated with this firm were represented to Puget Sound common stock in December of 1952, of which 1,600 shares was held mployee who became a member of the stockholders committee in October 1953. scovery in December of 1954 that Mr. Murphy had sold all of his shares in April opped from the committee, and his name and that of his firm does not appear on ittee in its letter to stockholders of July 20, 1955. ) at approximately 15,000 shares as of Jan. 1, 1952, and approximately 10,000 shares his customers. transactions indicated that his customers held (not Collins & Co. for them) about non on July 20, 1955. INFORMATION REQUESTED BY THE SUBCOMMITTEE ON ANTITRUST AND MONOPOLY OF THE COMMITTEE ON THE JUDICIARY OF THE UNITED STATES SENATE Ebasco Services, Inc.-Description of services and billings rendered to the Washington Water Power Co. Description of services rendered Billings Year, 1952 Year, 1953 Year, 1954 6 months, June 1955 Engineering, design and construction services in connection with Cabinet Gorge hydroelectric development: 150,000 kilowatts, 1952 unit.. Technical and consulting services in connection with rates and pricing, including group services related to rate developments and practices.--Technical services in connection with preparation of certificates and other data to meet requirements under mortgage. Insurance and safety services. Tax services and consultations in connection with United States income, surtax, excise profits taxes and State taxes.. Technical services and studies in connection with preparation of financial and other reports... Washington office services.. Technical services of sales department, including specific and group services... Technical services of industrial relations department, including specific and group services.. Purchasing and traffic services. Engineering and coordinating services in connection with the coordinated operation of the Northwest power pool.. Technical investigations, studies and research services.. Engineering group services related to practices and developments.... Actuarial, valuation and pension planning services in connection with retirement plan for employees. Engineering and technical services in connection with preparation of application for preliminary permit-Noxon Rapids hydroelectric develop ment.. Study re northwest power supply facilities. Services of financing and business consultants in Factory inspection and expediting services. Engineering and technical services in connection Services of financing and business consultants in Engineering, design and construction services in Services of business and financing consultants in $409, 032. 49 55. 918.82 Ebasco Services Inc.-Services performed for the Washington Water Power Co. during period Jan. 1, 1950-Jan. 1, 1952 Power supply study.. 4115 Little Falls Hydroelectric Station, damage suit (1949-50 charges) 1982 2334 General rate study. Services of corporate finance department re short term financing_ 3188 3329 Cabinet Gorge hydroelectric development 1952, 150,000 kilowatts instituted__. 3352 Purchasing and traffic services. Services of research department_. Engineering research___ Services re indenture requirements.. Blanket insurance contracts services- Services re preparation of reports.. Services of Washington office.. Services of sales department-- Engineering consultation. Northwest power pool, coordinated operations (1952). 16 21 28 30 47 51 52 55 56 57 -73 406 408 Ebasco Services, Inc.-Description of services and billings rendered to Pacific Ebasco Services Inc.-Services performed for Pacific Northwest Power Corp., during period Jan. 1, 1950-Jan 1, 1952 Subject: None. |