[Federal Register Volume 65, Number 209 (Friday, October 27, 2000)]
[Notices]
[Pages 64462-64463]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-27614]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 35-27258]


Filings Under the Public Utility Holding Company Act of 1935, as 
Amended (``Act'')

October 20, 2000.
    Notice is hereby given that the following filing(s) has/have been 
made with the Commission pursuant to provisions of the Act and rules 
promulgated under the Act. All interested persons are referred to the 
application(s) and/or declaration(s) for complete statements of the 
proposed transaction(s) summarized below. The application(s) and/or 
declaration(s) and any amendment(s) is/are available for public 
inspection through the Commission's Branch of Public Reference.
    Interested persons wishing to comment or request a hearing on the 
application(s) and/or declaration(s) should submit their views in 
writing by November 14, 2000, to the Secretary, Securities and Exchange 
Commission, Washington, DC 20549-0609, and serve a copy on the relevant 
applicant(s) and/or declarant(s) at the address(es) specified below. 
Proof of service (by affidavit or, in the case of an attorney at law, 
by certificate) should be filed with the request. Any request for 
hearing should identify specifically the issues of facts or law that 
are disputed. A person who so requests will be notified of any hearing, 
if ordered, and will receive a copy of any notice or order issued in 
the matter. After November 14, 2000, the application(s) and/or 
declaration(s), as filed or as amended, may be granted and/or permitted 
to become effective.

American Electric Power Co. (70-5943)

    American Electric Power Company, Inc. (``AEP''), a registered 
holding company located at 1 Riverside Plaza, Columbus, Ohio 43215, has 
filed a post-effective amendment under sections 6(a) and 7 of the Act 
and rule 54 under the Act to a previously filed declaration.
    AEP is currently authorized to issue up to 55,200,000 shares of its 
common stock (``Common Stock'') under AEP's Dividend Reinvestment and 
Stock Purchase Plan (``DRP'') through December 31, 2000.\1\ AEP states 
that, as of June 30, 2000, 7,426,406 shares of Common Stock 
(``Remaining Shares'') have not yet been issued. AEP now requests 
authority to issue the Remaining Shares, in accordance with the DRP, 
through September 30, 2006.
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    \1\ Under the terms of the most recent order in this file, AEP 
was allowed to issue up to 54 million shares of its common stock 
through December 31, 2000. See American Electric Power, HCAR No. 
26553 (August 13, 1996). In an order authorizing AEP to acquire all 
of the outstanding common stock of Cental and South West 
Corporation, a registered holding company, the authority of the CSW 
Dividend Reinvestment and Stock Purchase Plan was terminated and AEP 
was authorized to issue an additional 1.2 million shares of its 
common stock under the DRP through December 31, 2000, for an 
aggregate of 55.2 million shares. See American Electric Power, HCAR 
No. 27186 (June 14, 2000).
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    AEP states that the proceeds of the issuance and sale of the 
Remaining Shares will be used to pay certain unsecured debts of AEP as 
they mature, make additional investments in common stock equities of 
AEP subsidiaries, and for other corporate purposes, including the 
acquisition of exempt wholesale generators and foreign utility 
companies.

GPU, Inc. (70-7670)

    GPU, Inc. (``GPU''), 300 Madison Avenue, Morristown, New Jersey 
07960, a registered holding company, has filed a post-effective 
amendment to its application-declaration under sections 6(a) and 7 of 
the Act and rules 53 and 54 under the Act.
    By orders of the Commission dated October 23, 1989 (HCAR No. 24971) 
and December 8, 1995 (HCAR No. 26425) (respectively, ``1989 Order'' and 
``1995 Order'' and, collectively, ``Orders''), GPU was authorized to 
issue and sell, from time to time through December 31, 2000, under a 
Dividend Reinvestment and Stock Purchase Plan (``Plan''), up to 2.5 
million shares of its common stock, $2.50 par value (``Common Stock''). 
Common Stock is purchased under the Plan either on the open market or 
directly from GPU in the form of authorized but unissued shares or 
previously reacquired shares, as GPU may direct, by the administrator 
of the Plan.
    GPU now proposes to extend to December 31, 2010 the time it may 
issue and sell authorized but unissued and reacquired shares of Common 
Stock under the Plan.

GPU, Inc., et al. (70-8937)

    GPU, Inc. (``GPU''), a registered public utility holding company, 
and its wholly-owned subsidiary companies, GPU Service, Inc. 
(``GPUS''), both located at 300 Madison Avenue, Morristown, New Jersey 
07960, and GPU International,

[[Page 64463]]

Inc. (``GPUI''), located at One Upper Pond Road, Parsippany, New Jersey 
07054, have filed with this Commission a post-effective amendment under 
sections 6(a), 7, and 12(b) of the Act and rules 45 and 54 under the 
Act to an application-declaration previously filed under the Act.
    By orders dated April 10, 1997 (HCAR No. 26702) and March 26, 1997 
(HCAR No. 26694) (``Orders''), the Commission authorized, among other 
things, GPU, through December 31, 2000, to guarantee the debt of each 
of their direct and indirect subsidiaries that engage in bordering and 
marketing of electricity, natural gas and other energy commodities 
throughout the United States (``Energy Subsidiaries'') under rule 58 
under the Act. The maximum amount of guarantee debt and other 
obligations authorized at any one time is $150 million. The Orders also 
authorize GPU and GPUI to invest, through December 31, 2000, in the 
aggregate no more than $20 million in the energy commodities business 
either by the acquisition of securities or by making capital 
contributions to existing subsidiaries of GPU and/or GPUI.
    GPU and GPUI now request an extension of time during which GPU may 
guarantee the debt of the Energy Subsidiaries and GPU and GPUI may 
invest in the energy commodities business until December 31, 2003. In 
all other respects, the terms and conditions of the transactions 
authorized by the Commission in this file would remain unchanged.

    For the Commission, by the Division of Investment Management, 
under delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 00-27614 Filed 10-26-00; 8:45 am]
BILLING CODE 8010-01-M