96-21454. Global Timber Corporation; Order of Suspension of Trading

[Federal Register Volume 61, Number 163 (Wednesday, August 21, 1996)]
[Notices]
[Page 43281]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-21454]


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SECURITIES AND EXCHANGE COMMISSION

Global Timber Corporation; Order of Suspension of Trading

[File No. 500-1]
August 19, 1996.
    It appears to the Securities and Exchange Commission 
(``Commission'') that there is a lack of current and accurate 
information concerning the securities of Global Timber Corporation 
(``Global'') because of questions regarding the accuracy of 
representations and assertions by Global, and by others, in press 
releases and documents sent to and statements made to market-makers of 
the stock of Global, other broker-dealers, and to investors concerning, 
among other things: (1) Global's actual financial condition; and (2) 
its Form 10 filing, which was withdrawn on May 24, 1996.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above listed company.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the above listed 
company is suspended for the period from 9:30 a.m. EDT, August 19, 1996 
through 11:59 p.m. EDT, on August 30, 1996.

    By the Commission.
Jonathan G. Katz,
Secretary.
[FR Doc. 96-21454 Filed 8-19-96; 1:50 pm]
BILLING CODE 8010-01-M