[Federal Register Volume 61, Number 159 (Thursday, August 15, 1996)]
[Notices]
[Pages 42453-42454]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-20829]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 22131; 811-4879]
Baird Blue Chip Fund, Inc.; Notice of Application for
Deregistration
August 9, 1996.
AGENCY: Securities and Exchange Commission (``SEC'').
ACTION: Notice of Application for Deregistration under the Investment
Company Act of 1940 (the ``Act'').
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APPLICANT: Baird Blue Chip Fund, Inc.
RELEVANT ACT SECTION: Order requested under section 8(f).
SUMMARY OF APPLICATION: Applicant requests an order declaring that it
has ceased to be an investment company.
FILING DATE: The application was filed on June 28, 1996.
HEARING OR NOTIFICATION OF HEARING: An order granting the application
will be issued unless the SEC orders a hearing. Interested persons may
request a hearing by writing to the SEC's Secretary and serving
applicant with a copy of the request, personally or by mail. Hearing
requests should be received by the SEC by 5:30 p.m. on September 3,
1996, and should be accompanied by proof of service on the applicant,
in the form of an affidavit or, for lawyers, a certificate of service.
Hearing requests should state the nature of the writer's interest, the
reason for the request, and the issues contested. Persons may request
notification of a hearing by writing to the SEC's Secretary.
ADDRESSES: Secretary, SEC, 450 Fifth Street, N.W., Washington, D.C.
20549. Applicant, 777 East Wisconsin Avenue, Milwaukee, WI 53202.
FOR FURTHER INFORMATION CONTACT:
Mary T. Geffroy, Staff Attorney, at (202) 942-0553, or Robert A.
Robertson, Branch Chief, at (202) 942-0564 (Division of Investment
Management, Office of Investment Company Regulation).
[[Page 42454]]
SUPPLEMENTARY INFORMATION: The following is a summary of the
application. The complete application may be obtained for a fee from
the SEC's Public Reference Branch.
Applicant's Representations
1. Applicant is a registered open-end management investment
company, organized as a Wisconsin corporation. On October 20, 1986,
applicant filed a registration statement on Form N-1A registering an
indefinite number of shares of its common stock with a par value of
$.01 per share. The registration statement was declared effective on
February 4, 1987 and the initial public offering commenced that same
day.
2. On December 20, 1995, applicant's board of directors voted to
authorize and recommend an Agreement and Plan of Reorganization
(including the related dissolution and liquidation of applicant).
Applicant's shareholders of record as of January 25, 1996 approved the
Agreement and Plan of Reorganization at a special meeting held on March
15, 1996. On June 3, 1996, the shareholders of record as of the close
of business on May 31, 1996 received in aggregate 3,149,349.230 shares
of common stock of AIM Blue Chip Fund, a series of AIM Equity Funds,
Inc. in exchange for all shares of applicant outstanding on that date.
The aggregate value of the AIM Blue Chip Fund shares so issued was
equal to the aggregate net value of applicant's assets transferred in
the transaction. The distribution of the AIM Blue Chip Fund shares to
the shareholders of applicant was made in connection with the sale of
substantially all of applicant's assets to AIM Blue Chip Fund and the
winding up of applicant's affairs as part of the reorganization and
subsequent liquidation of applicant.
3. As of May 31, 1996, there were outstanding 3,149,349.230 shares
of common stock, each of which had a net asset value of $24.33 (for an
aggregate of $76,620,712.45).
4. Applicant incurred the following fees and expenses in connection
with the liquidation: fees to its independent public accountants, legal
expenses, Form N-8F filing fees, filing fees for its articles of
dissolution, and miscellaneous expenses. Such liquidation fees and
expenses amounted to approximately $3,500. All such fees and expenses
were paid from the assets of applicant retained in the reorganization
for such purpose.
5. As of the date of the application, applicant had no
shareholders, assets, or liabilities, and was not a party to any
litigation or administrative proceeding. Applicant is neither engaged,
nor does it propose to engage, in any business activities other than
those necessary for the winding-up of its affairs.
6. On June 28, 1996, applicant filed articles of dissolution with
the Wisconsin Secretary of State to terminate its corporate existence.
For the SEC, by the Division of Investment Management, under
delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 96-20829 Filed 8-14-96; 8:45 am]
BILLING CODE 8010-01-M
