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**Exhibit      10(p)**

** **

**CAPITAL      STOCK AGREEMENT**

**In      Connection With The**

**CAPITAL      STOCK OF CITRUS CORP.**

**June      30, 1986**

**SONAT      INC.**

**ENRON      CORP.**

**HOUSTON      NATURAL GAS CORPORATION**

**CITRUS      CORP.**

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|                                                                                                                                                                                                                                                                                                                                                                         | Page    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|
| SECTION                1 - DEFINITIONS...................................................................................................................................................................................................................................................................................                                               | 2       |
| SECTION                2 - INVESTMENT                REPRESENTATION..............................................................................................................................................................................................................................................                                                            | 8       |
| SECTION                3 - CAPITAL STOCK OF                CITRUS.......................................................................................................................................................................................................................................................                                                     | 8       |
| (a)                Ownership and Original                Issuance.....................................................................................................................................................................................................................................                                                                       | 8       |
| (b) Transfers                of                Shares Between Principalsand Their                Subsidiaries..................................................................................................................................................................................................................................................... |  8 |
| (c) Disposition                of                Shares.........................................................................................................................................................................................................................................................                                                        | 10      |
| (d)                Sale of                Shares......................................................................................................................................................................................................................................................................                                                       | 11      |
| (e) Pledge                of Shares and                Rights under this                Agreement….................................................................................................................................................................................................                                                               | 14      |
| (f) Opinion                of                Counsel.............................................................................................................................................................................................................................................................                                                       | 15      |
| (g) Legend                on                Certificates.......................................................................................................................................................................................................................................................                                                         | 16      |
| (h) Limitations...........................................................................................................................................................................................................................................................................                                                                              | 16      |
| SECTION                4 - BOARD OF                DIRECTORS................................................................................................................................................................................................................................................................                                                 | 17      |
| SECTION                5 - CHAIRMAN OF THE                BOARD......................................................................................................................................................................................................................................................                                                        | 18      |
| SECTION                6 - INFORMAL MEETINGS OF                PRINCIPALS.................................................................................................................................................................................................................................                                                                   | 19      |
| SECTION                7 - PERFORMANCE OF                AGREEMENTS..........................................................................................................................................................................................................................................                                                                | 19      |
| SECTION                S - PRINCIPAL                OFFICE                OF                CITRUS.................................................................................................................................................................................................................................................                          | 19      |
| SECTION                9 -                AUDITORS.....................................................................................................................................................................................................................................................................................                                      | 19      |
| SECTION                10                - INSPECTION;                BOOKS AND                RECORDS..................................................................................................................................................................................................................................                                     | 20      |
| SECTION                1l-OPERATING                AGREEMENT..........................................................................................................................................................................................................................................................                                                       | 20      |
| SECTION                12 - PIPELINE                EXPANSION..............................................................................................................................................................................................................................................................                                                  | 20      |
| SECTION                13 -                FINANCING.................................................................................................................................................................................................................................................................................                                        | 21      |
| SECTION                14 - VOTING SECURITIES OF THE PRINCIPALS........................................................................................................................................................................................................................                                                                                      | 21      |
| SECTION                15 - BUY-SELL                RIGHTS.....................................................................................................................................................................................................................................................................                                              | 23      |
| SECTION                16 - CHANGE OF                CONTROL............................................................................................................................................................................................................................................................                                                     | 26      |
| SECTION                17 - TERM OF                AGREEMENT............................................................................................................................................................................................................................................................                                                     | 31      |
| SECTION                18 -                NOTICE.........................................................................................................................................................................................................................................................................................                                   | 32      |
| SECTION                19 - GOVERNING                LAW......................................................................................................................................................................................................................................................................                                               | 33      |
| SECTION                20 -                HEADINGS...................................................................................................................................................................................................................................................................................                                       | 33      |
| SECTION                21 - SUCCESSORS                BOUND...............................................................................................................................................................................................................................................................                                                   | 33      |
| SECTION                22 - NO                WAIVER................................................................................................................................................................................................................................................................................                                         | 34      |
| SIGNATURES........................................................................................................................................................................................................................................................................................................                                                           | 34      |

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|   | 1. | Definitions.                For                the purposes of this Agreement: |
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