[Federal Register Volume 60, Number 233 (Tuesday, December 5, 1995)]
[Notices]
[Page 62284]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-29512]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 1-3779]
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; San Diego Gas & Electric Company, (5.0% Cumulative
Preferred, $20 Per Value, 4.5% Cumulative Preferred Stock, $20 Par
Value, 4.4% Cumulative Preferred Stock, $20 Par Value, Cumulative
Preferred Stock, $7.20 Series, No Par Value, Cumulative Preferred
Stock, $1.82 Series, No Par Value)
November 28, 1995.
San Diego Gas & Electric Company (``Company'') has filed an
application with the Securities and Exchange Commission
(``Commission''), pursuant to Section 12(d) of the Securities Exchange
Act of 1934 (``Act'') and Rule 12d2-2(d) promulgated thereunder, to
withdraw the above specified securities (``Securities'') from listing
and registration on the Pacific Stock Exchange Incorporated (``PSE'').
The reasons alleged in the application for withdrawing the
Securities from listing and registration include the following:
According to the Company, it cannot justify the direct and indirect
costs and expenses attendant to maintaining the dual listing of the
Securities on the American Stock Exchange, Inc. (``AMEX'') and on the
PSE. The Company is paying $2,000.00 per year to maintain its listings
on the PSE with no significant benefit to its shareholders. The Company
believes that a single listing on the Amex will be sufficient to serve
the needs of its shareholders.
Any interested person may, on or before December 19, 1995, submit
by letter to the Secretary of the Securities and Exchange Commission,
450 Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon
whether the application has been made in accordance with the rules of
the exchanges and what terms if any, should be imposed by the
Commission for the protection of investors. The Commission, based on
the information submitted to it, will issue an order granting the
application after the date mentioned above, unless the Commission
determines to order a hearing on the matter.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 95-29512 Filed 12-4-95; 8:45 am]
BILLING CODE 8010-01-M
