28198 Federal Register / Vol. 60, No. 103 / Tuesday, May 30, 1995 / Notices

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. 95–13077 Filed 5–26–95; 8:45 am]

BILLING CODE 8010–01–M

[Investment Company Act Release No.

21089; 811–6371]

Kidder, Peabody U.S. Treasury

Securities 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 U.S.

Treasury Securities 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, N.W., Washington, D.C. 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,

diversified management investment

company, organized as a business trust

under the laws of the Commonwealth of

Massachusetts. On August 7, 1991,

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, and 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. 95–13078 Filed 5–26–95; 8:45 am]

BILLING CODE 8010–01–M

[Rel. No. IC—21091; 812–9554]

Nations Fund, Inc., et al.; Notice of

Application

May 23, 1995.

AGENCY: Securities and Exchange

Commission (‘‘SEC’’).

ACTION: Notice of Application for

Exemption under the Investment

Company Act of 1940 (the ‘‘Act’’).

APPLICANTS: Nations Fund, Inc., Nations

Fund Trust, Nations Fund Portfolios,

Inc. and The Capitol Mutual Funds

(collectively, the Investment

Companies’’), and NationsBank, N.A.

(the ‘‘Adviser’’).

RELEVANT ACT SECTIONS: Order requested

under section 6(c) of the Act for an

exemption from sections 13(a)(2),

18(f)(1), 22(f), and 22(g) and rule 2a–7

thereunder, under sections 6(c) and

17(b) of the Act for an exemption from

section 17(a)(1), and pursuant to rule

17d–1 under the Act.

SUMMARY OF APPLICATION: Applicants

request an order that would permit the

Investment Companies to enter into

deferred compensation arrangements

with their directors.

FILING DATE: The application was filed

on March 28, 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 applicants 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 19, 1995, and should be

accompanied by proof of service on

applicants, 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 who wish to be notified of a

hearing may request notification by

writing to the SEC’s Secretary.

ADDRESSES: Secretary, SEC, 450 Fifth

Street, N.W., Washington, D.C. 20549.

Applicants, Marco E. Adelfio, Morrison

& Foerster, 2000 Pennsylvania Avenue,

N.W., Washington, D.C. 20006.

FOR FURTHER INFORMATION CONTACT:

Deepak T. Pai, Staff Attorney, at (202)

942–0574, or Robert A. Robertson,

Branch Chief, 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 at the SEC’s

Public Reference Branch.

Applicant’s Representations

1. Each Investment Company is a

registered open-end management

investment company comprised of

several investment portfolios. Nations

Fund trust and Capitol Mutual Funds

are organized as Massachusetts business

trusts. Nations Fund, Inc. and Nations

Fund Portfolios, Inc. are organized as

Maryland corporations. The Adviser

serves as the investment adviser for

each investment portfolio of each

Investment Company. Applicants

request that the proposed relief apply to

the Investment Companies and all

subsequent registered open-end

investment companies advised by the

Adviser (such registered open-end