[Federal Register Volume 62, Number 12 (Friday, January 17, 1997)]
[Notices]
[Pages 2696-2697]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-1159]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 35-26643]
Filings Under the Public Utility Holding Company Act of 1935, as
Amended (``Act'')
January 10, 1997.
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 thereunder. 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 amendments thereto is/are available for public
inspection through the Commission's Office 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 February 3, 1997, to the Secretary, Securities and Exchange
Commission, Washington, D.C. 20549, 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 case of an attorney at law, by
certificate) should be filed with the request. Any request for hearing
shall
[[Page 2697]]
identify specifically the issues of fact or law that are disputed. A
person who so requests will be notified of any hearing, if ordered, and
will receive a copy of any notice or order issued in the matter. After
said date, the application(s) and/or declaration(s), as filed or as
amended, may be granted and/or permitted to become effective.
Unitil Corporation (70-8969)
Unitil Corporation (``Unitil''), 6 Liberty Lane West, Hampton, New
Hampshire, 03842-1720, a registered holding company, has filed a
declaration under sections 6(a) and 7 of the Act and rule 54
thereunder.
By order dated November 16, 1992 (HCAR No. 25677), Unitil was
authorized to issue and sell up to 76,827 shares of common stock, no
par value (``Common Stock''), under its Dividend Reinvestment and Stock
Purchase Plan (``DRIP''). Unitil now proposes to issue up to an
additional 100,000 shares of Common Stock under the DRIP on
substantially the same terms as previously authorized.
Participants in the DRIP can have cash dividends on all or part of
their shares reinvested at a 5% discount from current market prices
and/or invest optional cash payments, which range from $25 to $5,000
per calendar year at current market prices, whether or not dividends
are reinvested.
Employees of Unitil and its subsidiaries who are eligible to
participate have the additional option to use payroll deductions in the
place of direct cash payments. No commission or service charge is paid
by participants in connection with purchases under the DRIP. Current
market prices are the average of the high and low prices reported by
the American Stock Exchange during each of the last five trading days
that end with the date of the dividend.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 97-1159 Filed 1-16-97; 8:45 am]
BILLING CODE 8010-01-M
