[Federal Register Volume 60, Number 103 (Tuesday, May 30, 1995)]
[Notices]
[Page 28197]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-13076]



-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 21088; 811-5501]


Kidder, Peabody Corporate Income Fund; Notice of Application

May 22, 1995.
AGENCY: Securities and Exchange Commission (``SEC'').

ACTION: Notice of Application for Deregistration under the Investment 
Company Act of 1940 (the ``Act'').

-----------------------------------------------------------------------

APPLICANT: Kidder, Peabody Corporate Income Fund.

RELEVANT ACT SECTION: Section 8(f).

SUMMARY OF APPLICATION: Applicant requests an order declaring it has 
ceased to be an investment company.

FILING DATE: The application was filed on May 4, 1995.

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 June 16, 1995, 
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, NW., Washington, DC 20549. 
Applicant, 60 Broad Street, New York, New York 10004-2350.

FOR FURTHER INFORMATION CONTACT:
Diane L.Titus, Paralegal Specialist, at (202) 942-0584, or H.R. 
Hallock, Jr., Senior Special Counsel, at (202) 942-0564 (Division of 
Investment Management, Office of Investment Company Regulation).

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 an open-end, non-diversified management investment 
company, organized as a business trust under the laws of the 
Commonwealth of Massachusetts. On March 15, 1988, applicant registered 
under the Act and filed a registration statement under the Act and the 
Securities Act of 1933. Applicant's registration statement was never 
declared effective, an applicant has made no public offering of its 
shares.
    2. Applicant never issued or sold any securities, except to its 
sole shareholder and sponsor, Kidder Peabody Asset Management, Inc. As 
of the date of filing of the application, applicant had no 
shareholders, liabilities or assets. Applicant is not a party to any 
litigation or administrative proceeding.
    3. Pursuant to written consent, applicant's sole Trustee determined 
that it was advisable and in the best interests of the applicant to 
withdraw its registration statement with the SEC, cease to be 
registered as an investment company and terminate its existence as a 
Massachusetts business trust and liquidate any assets and that the 
proceeds from the liquidation of the shares be returned to Kidder 
Peabody Asset Management, Inc.
    4. Applicant is not now engaged, nor does it propose to engage in 
any business activities other than those necessary for the winding-up 
of its affairs.

    For the SEC, by the Division of Investment Management, under 
delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 95-13076 Filed 5-26-95; 8:45 am]
BILLING CODE 8010-01-M