[Federal Register Volume 61, Number 16 (Wednesday, January 24, 1996)]
[Notices]
[Pages 1968-1969]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-1038]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 35-26453]
Filings Under the Public Utility Holding Company Act of 1935, as
Amended (``Act'')
January 17, 1996.
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
[[Page 1969]]
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 8, 1996, to the Secretary, Securities and Exchange
Commission, Washington, DC 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 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.
Columbia Gas System, Inc. et al. (70-8471)
Columbia Gas System, Inc. (``Columbia''), 20 Montchanin Road,
Wilmington, Delaware, 19807, a registered holding company, nineteen
wholly-owned subsidiary companies of Columbia,\1\ all of which are
engaged in the natural gas business, and twelve subsidiary companies of
TriStar Ventures Subsidiaries''),\2\ have filed a post-effective
amendment to the application-declaration previously filed under
sections 6, 7, 9(a), 10, 12(b), 12(c), and 12(f) of the Act and Rules
42, 43, 45, and 46 thereunder.
\1\ Columbia Gas of Pennsylvania, Inc. (``Columbia
Pennsylvania), 200 Civic Center Drive, Columbus, Ohio 43215;
Columbia Gas of Ohio, Inc. (``Columbia Ohio''), 200 Civic Center
Drive, Columbus, Ohio 43215; Columbia Gas of Maryland, Inc.
(``Columbia Maryland, Inc. ``Columbia Maryland''), 200 Civic Center
Drive, Columbus, Ohio 43215; Columbia Gas of Kentucky, Inc.
(``Columbia Kentucky''), 200 Civic Center Drive, Columbus, Ohio
43215; Commonwealth Gas Services, Inc. (``Commonwealth Services''),
200 Civic Center Drive, Columbus, Ohio 43215; Columbia Gulf
Transmission Co. (``Columbia Gulf''), 1700 MacCorkle Avenue, SE.,
Charleston, West Virginia 25314; Columbia Gas Development Corp.
(``Columbia Development''), One Riverway, Houston, Texas 77056;
Columbia Natural Resources, Inc. (``Columbia Resources''), 900
Pennsylvania Avenue, Charleston, West Virginia 25302; Columbia Coal
Gasification Corp. (``Columbia Coal''), 900 Pennsylvania Avenue,
Charleston, West Virginia 25302; Columbia Energy Services Corp.
(``Columbia Services''), 2581 Washington Road, Upper Saint Clair,
Pennsylvania 15241; Columbia Gas System Service Corp. (``Service
Corporation''), 20 Montchanin Road, Wilmington, Delaware 19807;
Columbia Propane Corp. (``Columbia Propane''), 800 Moorehead Park
Drive, Richmond, Virginia 23236; Commonwealth Propane, Inc.
(``Commonwealth Propane''), 800 Moorefield Park Drive, Richmond,
Virginia 23236; Tristar Ventures Corp. (``TriStar Ventures''), 20
Montchanin Road, Wilmington, Delaware 19807; Tristar Capital Corp.
(``TriStar Capital''), 20 Montchanin Road, Wilmington, Delaware
19807; Columbia Atlantic Trading Corp. (``Columbia Atlantic''), 20
Montchanin Road, Wilmington, Delaware 19807; Columbia LNG Corp.
(``Columbia LNG''), 20 Montchanin Road, Wilmington, Delaware 19807;
Columbia Gas Transmission Corp. (``Gas Transmission''), 1700
MacCorkle Avenue, SE, Charleston, West Virginia, 25314; and Columbia
Energy Marketing Corp. (``Energy Marketing), 2581 Washington Road,
Pittsburgh, Pennsylvania, 15241.
\2\ TriStar Pedrick Limited Corporation, TriStar Pedrick General
Corporation, TriStar Binghamton Limited Corporation, TriStar
Binghamton General Corporation, TriStar Vineland Limited
Corporation, TriStar Vineland General Corporation, TriStar Rumford
Limited Corporation, TriStar Georgetown General Corporation, TriStar
Georgetown Limited Corporation, TriStar Fuel Cells Corporation, TVC
Nine Corporation, and TVC Ten Corporation, all of 20 Montchanin
Road, Wilmington, Delaware 19807.
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By order dated December 22, 1994 (HCAR No. 26201), (``Order''),
Columbia, and fourteen of the subsidiary companies
(``Subsidiaries''),\3\ were authorized to recapitalize Columbia Gulf,
Columbia Development, and Columbia Coal, to implement the 1995 and 1996
Long-Term and Short-Term Financing Programs of the Subsidiaries, and to
continue the Intrasystem Money Pool (``Money Pool'') through 1996.
\3\ Columbia Pennsylvania, Columbia Ohio, Columbia Maryland,
Columbia Kentucky, Commonwealth Services, Columbia Gulf, Columbia
Development, Columbia Resources, Columbia Coal, Service Corporation,
Columbia Propane, Commonwealth Propane, TriStar Capital, and
Columbia Atlantic.
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By order dated March 14, 1995 (HCAR No. 26251), the TriStar
Ventures Subsidiaries were authorized to invest in, but not to borrow
from, the Money Pool. By order dated November 8, 1995 (HCAR No. 26404),
Gas Transmission and Energy Marketing were authorized to invest in, but
not to borrow from, the Money Pool.\4\
\4\ Columbia, Columbia Maryland, and thirty other subsidiary
companies of Columbia have pending before the Commission a post-
effective amendment that seeks authorization for the sale of
securities by Columbia Maryland to Columbia, the proceeds of which
will be used to refund other securities previously sold by Columbia
Maryland to Columbia and to meet the capital needs of Columbia
Maryland in 1996. The Commission issued a notice of the filing of
the post-effective amendment on November 17, 1995 (HCAR No. 26411).
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Columbia now proposes that the cost of money on all short-term
advances from, and the investment rate for money invested in, the Money
Pool will be the interest rate per annum (i) equal to the composite
weighted average rate on short-term borrowings by Columbia deposited in
the Money Pool and/or the weighted average short-term investment rate
of the Money Pool, or (ii) should there be no Columbia short-term
borrowings deposited in the Money Pool and no Money Pool investments,
the interest rate will be the average Federal Funds rate published in
the Federal Reserve Statistical Release, Publication H.15(519). A
default rate equal to 2% per annum above the pre-default rate on unpaid
principal or interest amounts will be assessed if interest or principal
payment becomes past due.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 96-1038 Filed 1-23-96; 8:45 am]
BILLING CODE 8010-01-M
