Federal Register: September 7, 2000 (Volume 65, Number 174)
DOCID: FR Doc 00-23012
SECURITIES AND EXCHANGE COMMISSION
Securities and Exchange Commission
DOCUMENT ID: [Release No. 35-27225]
NOTICE: NOTICES
ACTION: Applications, hearings, determinations, etc.:
SUBJECT CATEGORY:
Filings Under the Public Utility Holding Company Act of 1935, as amended (``Act'')
DOCUMENT SUMMARY:
September 1, 2000.
Notice is hereby given that the following filing(s) has/have been made with the Commission pursuant to provisions of the Act and rules promulgated under the Act. All interested persons are referred to the application(s) and/or declaration(s) for complete statements of the proposed transaction(s) summarized below. The application(s) and/or declaration(s) and any amendment(s) is/are available for public inspection through the Commission's Branch of Public Reference.
Interested persons wishing to comment or request a hearing on the
application(s) and/or declaration(s) should submit their views in
writing by September 22, 2000, to the Secretary, Securities and
Exchange Commission, Washington, DC 205490609, and serve a copy on the
relevant applicant(s) and/or declarant(s) at the address(es) specified
below. Proof of service (by affidavit or, in the case of an attorney at
law, by certificate) should be filed with the request. Any request for
hearing should identify specifically the issues of facts or law that are disputed. A person
[[Page 54327]]
who so requests will be notified of any hearing, if ordered, and will
receive a copy of any notice of order issued in the matter. After
September 22, 2000, the application(s) and/or declaration(s), as filed
or as amended, may be granted and/or permitted to become effective. Dominion Resources, et al. [709679]
Dominion Resources, Inc. (``Dominion''), 120 Tredegar Street, Richmond, Virginia 23219, a registered holding company, and its wholly owned subsidiary Consolidated Natural Gas Company (``CNG''), CNG Tower, 625 Liberty Avenue, Pittsburgh, PA 152223199, also a registered holding company (together, ``Applicants''), have filed an application declaration under section 12(c) of the Act and rules 46 and 54 under the Act.
On January 28, 2000, CNG became a wholly owned subsidiary of Dominion (``Merger'').\1\ As a result of the accounting treatment of the Merger, the retained earnings of CNG were recharacterized as paid incapital. Dominion now requests authorization to pay dividends out of the additional paidincapital account up to the amount of its aggregate retained earnings just prior to the Merger.
\1\ Holding Co. Act Release No. 27113 (Dec. 15, 1999).
Applicants also seeks the ability to reorganize and restructure their nonutility businesses so that all nonutility subsidiaries engaged in similar activities can be part of the same intracorporate grouping.
For the Commission, by the Division of Investment Management, pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 0023012 Filed 9100 5:06 pm]
BILLING CODE 801001M
SUMMARY:
Public utility holding company filings,
DOCUMENT BODY 2:
September 1, 2000.
Notice is hereby given that the following filing(s) has/have been made with the Commission pursuant to provisions of the Act and rules promulgated under the Act. All interested persons are referred to the application(s) and/or declaration(s) for complete statements of the proposed transaction(s) summarized below. The application(s) and/or declaration(s) and any amendment(s) is/are available for public inspection through the Commission's Branch of Public Reference.
Interested persons wishing to comment or request a hearing on the
application(s) and/or declaration(s) should submit their views in
writing by September 22, 2000, to the Secretary, Securities and
Exchange Commission, Washington, DC 205490609, and serve a copy on the
relevant applicant(s) and/or declarant(s) at the address(es) specified
below. Proof of service (by affidavit or, in the case of an attorney at
law, by certificate) should be filed with the request. Any request for
hearing should identify specifically the issues of facts or law that are disputed. A person
[[Page 54327]]
who so requests will be notified of any hearing, if ordered, and will
receive a copy of any notice of order issued in the matter. After
September 22, 2000, the application(s) and/or declaration(s), as filed
or as amended, may be granted and/or permitted to become effective. Dominion Resources, et al. [709679]
Dominion Resources, Inc. (``Dominion''), 120 Tredegar Street, Richmond, Virginia 23219, a registered holding company, and its wholly owned subsidiary Consolidated Natural Gas Company (``CNG''), CNG Tower, 625 Liberty Avenue, Pittsburgh, PA 152223199, also a registered holding company (together, ``Applicants''), have filed an application declaration under section 12(c) of the Act and rules 46 and 54 under the Act.
On January 28, 2000, CNG became a wholly owned subsidiary of Dominion (``Merger'').\1\ As a result of the accounting treatment of the Merger, the retained earnings of CNG were recharacterized as paid incapital. Dominion now requests authorization to pay dividends out of the additional paidincapital account up to the amount of its aggregate retained earnings just prior to the Merger.
\1\ Holding Co. Act Release No. 27113 (Dec. 15, 1999).
Applicants also seeks the ability to reorganize and restructure their nonutility businesses so that all nonutility subsidiaries engaged in similar activities can be part of the same intracorporate grouping.
For the Commission, by the Division of Investment Management, pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 0023012 Filed 9100 5:06 pm]
BILLING CODE 801001M