[Federal Register Volume 59, Number 78 (Friday, April 22, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-9802]
[[Page Unknown]]
[Federal Register: April 22, 1994]
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SMALL BUSINESS ADMINISTRATION
[Application No. 99000086]
Mid Market Capital, Inc.; Filing of an Application for a License
To Operate as a Small Business Investment Company
Notice is hereby given of the filing of an application with the
Small business Administration (SBA) pursuant to Sec. 107.102 of the
Regulations governing small business investment companies (13 CFR
107.102 (1994)) by Mid Market Capital, Inc., 130 Grace Church Street,
Rye, New York 10580, for a license to operate as a small business
investment company (SBIC) under the Small Business Investment Act of
1958, as amended, (15 U.S.C. et seq.), and the Rules and Regulations
promulgated thereunder.
The proposed Officers, Directors and Shareholders of the Applicant
will be as follows:
------------------------------------------------------------------------
Percent of
Name Title or position ownership
------------------------------------------------------------------------
Allen H. Fisher, 31 Voorhis President and Director.... 00.00
Drive, Old Bethpage, NY 11804.
Richard L. Klass, 130 Grace Chairman, Secretary, .00
Church Street, Rye, NY 10580. Treasurer and Director.
Ronald K. Palmgren, 46 Pound Executive Vice President .00
Ridge Road, Bedford, NY 10506. and Director.
Mid Market Investors, L.P., 250 Sole Shareholder.......... 100.00
Park Avenue, New York, NY
10177.
The proposed Partners of the Sole Shareholder of the Applicant are as
follows:
Mid Market Investors, Inc., 250 Corporate General Partner. 1.76
Park Avenue, New York, NY
10177.
Invermara Capital, Markets, NV, Limited Partner........... 98.04
Avenida Francisee de Miranda,
Edificio Galipan, Urh, El
Rosal, Caracas, Venezuela.
The proposed Owner's of the Corporate General Partner of the Sole
Shareholder of the Applicant are as follows:
Allen H. Fisher, 31 Voorhis Owner..................... 50.00
Drive, Old Bethpage, NY 11804.
Richard L. Klass, 130 Grace Owner..................... 50.00
Church Street, Rye, NY 10580.
The proposed Owner of the Limited Partner of the Sole Shareholder of the
Applicant is as follows:
Banco Maracaibo, C.A., Avenida Owner..................... 100.00
El Milagro, Maracaibo 4001,
Apartado 89, Edificio Zulia,
Caracas, Venezuela.
The proposed Officers, Directors and Shareholders of Mid Market
Advisors, Inc., to be engaged as the Applicant's Investment Advisor,
under a Investment Advisory Agreement, are as follows:
Allen H. Fisher, 31 Voorhis President and Director.... 35.00
Drive, Old Bethpage, NY.
Richard L. Klass, 130 Grace Chairman, Secretary 35.00
Church Street, Rye, NY 10580. Treasurer and Director.
Invermara Capital, Markets, NV, N/A....................... 15.00
Avenida Francisco de Miranda,
Edificio Galipan, Urh, El
Rosal, Caracas, Venezuela.
Private Corporate Advisors, Inc N/A....................... 15.00
Steven H. Brooks, 75 Inwood Executive Investment 00.00
Road, Darien, Ct 06820. Manager.
John J. Schoffelen, 54 St. Executive Investment 00.00
James Street, South, Garden Manager.
City, NY 11530.
------------------------------------------------------------------------
The Applicant, a New York Corporation, is expected to begin
operations with $5,000,000 of private capital. The Applicant intends to
conduct its business activities in the State of New York, primary in
the New England and Mid-Atlantic sections of the United States, and
thereafter, throughout the United States.
Matters involved in SBA's consideration of the Application include
the general business reputation and character of the proposed owners
and management, and the probability of successful operations of the
existing company under their management including profitability and
financial soundness in accordance with the Small Business Investment
Act and the SBA Rules and Regulations.
Notice is further given that any person may, not later than 30 days
from the date of publication of this Notice, submit written comments on
the proposed SBIC to the Associate Administrator for Investment, Small
Business Administration, 409 Third Street SW., Washington, DC 20416.
A copy of the Notice shall be published in a newspaper of general
circulation in the State of New York.
(Catalog of Federal Domestic Assistance Program No. 59.011, Small
Business Investment Companies)
Dated: April 13, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-9802 Filed 4-21-94; 8:45 am]
BILLING CODE 8025-01-M