Federal Register / Vol. 60, No. 239 / Wednesday, December 13, 1995 / Notices 64093

According to the Company, its Board

of Directors unanimously approved

resolutions on October 24, 1995 to

withdraw the Security from listing on

the Amex and instead, to list the

Security on the National Association of

Securities Dealers Automated

Quotations National Market System

(‘‘Nasdaq/MMS).

The decision of the Board followed a

thorough study of the matter and was

based upon the belief that listing the

Security on the Nasdaq/NMS will be

more beneficial to the Company’s

stockholders than the present listing on

the Amex for the following reasons.

(1) According to the Company, its

Board of Directors determined that a

listing on Nasdaq/NMS would provide

greater coverage for the Security; and

(2) According to the Company, its

Board of Directors determined that a

listing on the Nasdaq/NMS would

provide improved liquidity to the

Company’s shareholders.

Any interested person may, on or

before December 29, 1995, submit by

letter to the Secretary of the Securities

and Exchange Commission, 450 Fifth

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

facts bearing upon whether the

application has been made in

accordance with the rules of the

exchanges and what terms, if any,

should be imposed by the Commission

for the protection of investors. The

Commission, based on the information

submitted to it, will issue an order

granting the application after the date

mentioned above unless the

Commission determines to order a

hearing on the matter.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.

Jonathan G. Katz,

Secretary.

[FR Doc. 95–30302 Filed 12–12–95; 8:45 am]

BILLING CODE 8010–01–M

[Rel. No. IC–21573; 811–7476]

The 231 Funds; Notice of Application

December 6, 1995.

AGENCY: Securities and Exchange

Commission (‘‘SEC’’).

ACTION: Notice of Application for

Deregistration under the Investment

Company Act of 1940 (the ‘‘Act’’).

APPLICANT: The 231 Funds.

RELEVANT ACT SECTION: Section 8(f).

SUMMARY OF APPLICATION: Applicant

requests an order declaring that it has

ceased to be an investment company.

FILING DATE: The application was filed

on November 7, 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

January 2, 1996, and should be

accompanied by proof of service on

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 5th

Street, NW., Washington, DC 20549.

Applicant, 125 West 55th Street, New

York, New York 10019.

FOR FURTHER INFORMATION CONTACT:

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

942–0574, or Alison E. Baur, 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. Applicant is an open-end,

management investment company

organized as a Massachusetts business

trust. On February 10, 1993, applicant

registered under the Act as an

investment company, and filed a

registration statement under the

Securities Act of 1933 registering an

indefinite number of shares. The

registration statement was declared

effective on August 20, 1993. Applicant

issued shares in two portfolios, the

Prime Fund (‘‘231 Prime Fund’’) and the

Treasury Fund (‘‘231 Treasury Fund’’),

each of which issued two classes of

shares (Institutional Shares and Service

Shares). Institutional Shares were first

issued on September 1, 1993 for both

portfolios and Service Shares were first

issued on March 1, 1994 for the 231

Prime Fund and April 5, 1994 for the

231 Treasury Fund.

2. At a meeting held on June 13, 1995,

applicant’s Board of Trustees approved

on Agreement and Plan of

Reorganization (the ‘‘Reorganization

Agreement’’) between applicant and

Pacific Horizon Funds, Inc. (‘‘Pacific

Horizon’’) whereby Pacific Horizon’s

Prime Fund (‘‘PH Prime Fund’’) and

Treasury Fund (‘‘PH Treasury Fund’’)

would acquire all of the assets and

liabilities of 231 Prime Fund and 231

Treasury Fund, respectively, in

exchange for Horizon Shares and

Horizon Service Shares of PH Prime

Fund and PH Treasury Fund.

Applicant’s Board of Trustees

determined that the interests of

applicant’s shareholders would best be

served by approving the Reorganization

Agreement. In reaching this

determination, the Board of Trustees

considered the anticipated loss of

applicant’s assets as a result of the sale

of the institutional trust business of

Bank of America Illinois, applicant’s

investment adviser (‘‘Adviser’’). The

Board of Trustees concluded that,

among other advantages, the

reorganization would be likely to

provide shareholders with an interest in

a larger and more diversified portfolio

while reducing the total expense ratio

that would exist absent voluntary

reimbursements.

3. Proxy materials were filed with the

SEC and were distributed to applicant’s

shareholders on or about July 21, 1995.

At a special meeting held on August 24,

1995, shareholders of the 231 Prime

Fund and the 231 Treasury Fund

approved the reorganization.

4. On August 25, 1995, the assets and

liabilities of the 231 Prime Fund and

231 Treasury Fund were transferred to

and assumed by PH Prime Fund and PH

Treasury Fund in exchange for full and

fractional Horizon Shares and Horizon

Service Shares of the PH Prime Fund

and PH Treasury Fund. The shares

exchanged were equal in number and

value to the number of full and

fractional Institutional Shares and

Service Shares of the 231 Prime Fund

and 231 Treasury Fund. Following the

transfer, applicant distributed the

Horizon Shares and Horizon Service

Shares to the holders of Institutional

Shares and Service Shares of applicant

in liquidation of the 231 Prime Fund

and 231 Treasury Fund. Applicant did

not incur any brokerage commission in

connection with disposition of its

portfolio securities and other assets.

5. Aggregate expenses of $50,000 were

incurred by applicant in connection

with the reorganization. Applicant,

Concord Financial Services, Inc. (Pacific

Horizon’s transfer agent), and the

Adviser shall each pay one-third of

these expenses. Pacific Horizon,

Concord, and the Adviser shall each pay

one-third of the expenses incurred by

Pacific Horizon in connection with the

reorganization.

6. At the time of the filing of the

application, applicant had no assets or

liabilities, was not a party to any

litigation or administrative proceeding,

and had no shareholders. Applicant is
64094 Federal Register / Vol. 60, No. 239 / Wednesday, December 13, 1995 / Notices

neither engaged, nor does it propose to

engage, in any business activities other

than those necessary for the winding-up

of its affairs.

7. Applicant intends to terminate its

existence as a Massachusetts business

trust upon receipt of an order from the

SEC Declaring that applicant has ceased

to be an investment company.

For the Commission, by the Division of

Investment Management, pursuant to

delegated authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 95–30297 Filed 12–12–95; 8:45 am]

BILLING CODE 8010–01–M

SELECTIVE SERVICE SYSTEM

Agency Forms Submitted to the Office

of Management and Budget for

Extension of Clearance

The following forms have been

submitted to the Office of Management

and Budget (OMB) for extension of

clearance in compliance with the

Paperwork Reduction Act (44 U.S.

chapter 35): SSS Form No. and Title:

SSS Form 152, Alternative Service

Employment Agreement

SSS Form 153, Employer Data Sheet

SSS Form 156, Skills Questionnaire

SSS Form 157, Alternative Service Job Data

Form

SSS Form 160, Request for Overseas Job

Assignment

SSS Form 163, Employment Verification

Form

SSS Form 164, Alternative Service Worker

Travel Reimbursement Request

SSS Form 166, Claim for Reimbursement for

Emergency Medical Care

Copies of the above identified forms

can be obtained upon written request to

the Selective Service System, Reports

Clearance Officer, 1515 Wilson

Boulevard, Arlington, Virginia, 22209–

2425.

No changes have been made to the

above identified forms. OMB clearance

is limited to requesting a three-year

extension of the current expiration

dates.

Written comments should be sent

within 60 days after the publication of

this notice, to: Selective Service System,

Reports Clearance Officer, 1515 Wilson

Boulevard, Arlington, Virginia, 22209–

2425.

A copy of the comments should be

sent to Office of Information and

Regulatory Affairs, Attention: Desk

Officer, Selective Service System, Office

of Management and Budget, New

Executive Office Building, room 3235,

Washington, DC 20435.

Dated: December 5, 1995.

Gil Coronado,

Director.

[FR Doc. 95–30397 Filed 12–12–95; 8:45 am]

BILLING CODE 8015–01–M

DEPARTMENT OF TRANSPORTATION

Coast Guard

[CGD 95–086]

Merchant Marine Personnel Advisory

Committee; Request for Applications

AGENCY: Coast Guard, DOT.

ACTION: Request for applications.

SUMMARY: The Coast Guard is seeking

applicants for appointment to

membership on the Merchant Marine

Personnel Advisory Committee

(MERPAC). The Committee is a 19-

member Federal Advisory committee

that advises the Coast Guard on matters

related to the training, qualification,

licensing, certification, and fitness of

seamen serving in the U.S. merchant

marine.

DATES: Membership applications should

be received no later than February 12,

1996.

ADDRESSES: Persons interested in

applying for membership on MERPAC

may obtain an application form by

writing to Commandant (G–MOS–1),

room 1210, U.S. Coast Guard

Headquarters, 2100 Second St. SW.,

Washington, DC 20593–0001, or by

calling (202) 267–0229 between 8 a.m.

and 4 p.m. Monday through Friday,

except Federal holidays. Requests may

also be submitted by facsimile at (202)

267–4570.

FOR FURTHER INFORMATION CONTACT:

CDR Jon Sarubbi, Executive Director, or

Mr. Mark Gould, Assistant Executive

Director, MERPAC, room 1210, U.S.

Coast Guard Headquarters, 2100 Second

St. SW., Washington, DC, 20593–0001,

(202) 267–0229.

SUPPLEMENTARY INFORMATION: MERPAC

is chartered under the Federal Advisory

Committee Act (5 U.S.C. App. 2) to

advise the Coast Guard on merchant

marine personnel issues. Six positions

are either vacant or the current

appointments will expire in 1996.

Applicants with one or more of the

following backgrounds are needed to fill

the positions:

(a) Shipping company representative.

(b) Deck Officer (inland/river route).

(c) Engineering Officer (limited Chief

Engineer or Designated Duty Engineer).

(d) Maritime Academy representative.

(e) Pilot.

(f) Unlicensed Seaman (Able Bodied

Seaman).

The membership term is 3 years. No

member may hold more than two

consecutive 3-year terms.

The Coast Guard is seeking greater

representation from the inland and

rivers maritime communities,

particularly in the positions of Deck

Officer (inland/river route) and

Engineering Officer (limited Chief

Engineer or Designated Duty Engineer).

Although the Coast Guard was seeking

increased representation from these

same communities during the last

selection process, it chose to retain the

incumbent members due to their special

expertise. Individuals who submitted an

application for selection to the

committee in response to the notice in

the May 11, 1995 Federal Register (60

FR 25257; CGD 95–020) need not

reapply. Their applications will be

reconsidered during this selection

process.

To achieve the desired balance of

membership, the Coast Guard is

especially interested in receiving

applications from minorities and

women. The members of the Committee

serve without compensation from the

Federal Government, although travel

reimbursement and per diem may be

provided. The Committee normally

meets in Washington, D.C., with

working group meetings for specific

problems as required.

Applicants may be required to

complete an Executive Branch

Confidential Financial Disclosure

Report (SF 450).

Dated: December 7, 1995.

J. Angelo,

Director for Standards.

[FR Doc. 95–30401 Filed 12–12–95; 8:45 am]

BILLING CODE 4910–14–M

Federal Aviation Administration

Correction to Notice of Intent To Rule

on Application to Use the Revenue

From a Passenger Facility Charge

(PFC) at Baton Rouge Metropolitan

Airport, Baton Rouge, LA

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Correction to Federal Register

Notice of intent to rule on application.

SUMMARY: The FAA proposed to rule

and invited public comment on the

application to use the revenue from a

PFC at Baton Rouge Metropolitan

Airport under the provisions of the

Aviation Safety and Capacity Expansion

Act of 1990 (Title IX of the Omnibus

Budget Reconciliation Act of 1990)

(Public Law 101–508) and Part 158 of

the Federal Aviation Regulations (14