99-14955. Issuer Delisting; Application To Withdraw From Listing and Registration; (The Midland Company, Common Stock, No Par Value Per Share) File No. 1-6026

[Federal Register Volume 64, Number 113 (Monday, June 14, 1999)]
[Notices]
[Page 31885]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-14955]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Application To Withdraw From Listing and 
Registration; (The Midland Company, Common Stock, No Par Value Per 
Share) File No. 1-6026

June 7, 1999.
    The Midland 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 security specified 
above (``Security'') from listing and registration on the American 
Stock Exchange LLC (``Amex or ``Exchange''.
    The Security has been listed for trading on the Amex and became 
designated for quotation on the Nasdaq National Market (``Nasdaq'') on 
June 2, 1999.
    The Company has complied with the rules of the Amex by filing with 
the Exchange a certified copy of the resolutions adopted by the Board 
of Directors of the Company authorizing the withdrawal of the Security 
from listing on the Amex and by setting forth in detail to the Exchange 
the reasons for such proposed withdrawal, and the facts in support 
thereof. In making the determination to withdraw the Security from 
listing on the Amex in conjunction with its designation for quotation 
on the Nasdaq, the Company sought to avoid the direct and indirect 
costs, as well as a division of the market for its Security, which 
would have resulted from the simultaneous trading of the Security on 
both the Amex and the Nasdaq.
    The Amex has informed the Company that it will not interpose any 
objection to the Company's application to withdraw its Security from 
listing and registration on the Exchange.
    The Company's application relates solely to the withdrawal from 
listing of the Company's Security on the Amex and shall have no effect 
upon the continued designation of the Security for quotation on the 
Nasdaq. By reason of Section 12(g) of the Act and the rules and 
regulations of the Commission thereunder, the Company shall continue to 
be obligated to file reports under Section 13 of the Act with the 
Commission.
    Any interested person may, on or before June 28, 1999, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, N.W., Washington, D.C. 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
Exchange 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. 99-14955 Filed 6-11-99; 8:45 am]
BILLING CODE 8010-01-M