14314 Federal Register / Vol. 60, No. 51 / Thursday, March 16, 1995 / Notices

7 15 U.S.C. 78s(b)(2). 8 17 U.S.C. 200.30–3(a)(12)

publication of the notice of filing in the

Federal Register. The Board believes

that such accelerated approval would

permit the Pilot system to continue to

operate without interruption. The Board

further believes that the CDI Pilot

system will increase the integrity and

efficiency of the municipal securities

market by helping to ensure that the

price charged for an issue in the

secondary market reflects all available

official information about that issue.

IV. Solicitation of Comments

Interested people are invited to

submit written data, views, and

arguments concerning the foregoing.

People making written submissions

should file six copies thereof with the

Secretary, Securities and Exchange

Commission, 450 Fifth Street, N.W.,

Washington, D.C. 20549. Copies of the

submission, all subsequent

amendments, all written statements

with respect to the proposed rule

change that are filed with the

Commission, and all written

communications relating to the

proposed rule change between the

Commission and any person, other than

those that may be withheld from the

public in accordance with the

provisions of 5 U.S.C. 552, will be

available for inspection and copying in

the Commission’s Public Reference

Room. Copies of the filing will also be

available for inspection and copying at

the Board’s principal offices. All

submissions should refer to File No.

SR–MSRB–95–1 and should be

submitted by April 6, 1995.

V. Commission’s Findings and Order

Granting Accelerated Approval of

Proposed Rule Change

The Commission finds that the

proposed rule change is consistent with

the requirements of the Act and the

rules and regulations thereunder

applicable to the Board, and, in

particular, the requirements of Section

15B and the rules and regulations

thereunder.

The Commission finds good cause for

approving the proposed rule change

prior to the thirtieth day after the date

of publication of the notice of filing in

the Federal Register, in that accelerated

approval is appropriate to provide for

uninterrupted operation of the CDI

system.

It Is Therefore ordered, pursuant to

Section 19(b)(2) of the Act,7 that the

proposed rule change be, and hereby is,

approved for an additional 8-month

period ending on December 31, 1995.

For the Commission by the Division of

Market Regulation, pursuant to delegated

authority.8

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 95–6444 Filed 3–15–95; 8:45 am]

BILLING CODE 8010–01–M

[Investment Company Act Release No.

20950; File No. 811–5647]

Voltaire Capital, Inc.; Application for

Deregistration

March 10, 1995.

AGENCY: Securities and Exchange

Commission (‘‘SEC’’).

ACTION: Notice of Application for

Deregistration under the Investment

Company Act of 1940 (the ‘‘Act’’).

APPLICANT: Voltaire Capital, Inc.

RELEVANT ACT SECTION: Section 8(f).

SUMMARY OF APPLICATION: Applicant

seeks an order declaring that it has

ceased to be an investment company.

FILING DATES: The application on Form

N–8F was filed on January 4, 1995, and

amended on March 9, 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

April 4, 1995, 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 who wish to be notified of a

hearing may request notification by

writing to the SEC’s Secretary.

ADDRESSES: Secretary, SEC, 450 5th

Street, NW., Washington, DC 20549.

Applicant, c/o SCOR U.S. Corporation,

110 William Street, 18th Floor, New

York, New York 10038.

FOR FURTHER INFORMATION CONTACT:

James J. Dwyer, Staff Attorney, at (202)

942–0581, or C. David Messman, 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 nondiversified management investment

company that was organized as a

Maryland corporation. On August 30,

1988, applicant registered under the Act

as an investment company. On

November 28, 1988, applicant filed a

registration statement on From N–1A

under the Securities Act of 1933. The

registration statement was never

declared effective, and applicant never

made any public offer or sale of its

securities.

2. At all times, applicant had only one

shareholder. From 1988 to 1990,

applicant’s stock was owned by UAP

Reassurrances, which is a whollyowned subsidiary of UAP Group, a

publicly traded French corporation. In

1990, SCOR, S.A., a French corporation

whose securities are publicly traded in

France, succeeded to the ownership of

applicant’s stock following a

combination with UAP Reassurances.

During applicant’s existence, applicant’s

sole shareholder contributed capital to

and withdrew capital from applicant

from time to time.

3. On February 1, 1995, applicant

made a final distribution of $35,129.63

to its sole shareholder. Applicant has no

shareholders, assets or liabilities.

Applicant is not a party to any litigation

or administrative proceeding.

4. On February 3, 1995, applicant’s

Articles of Dissolution were filed with

and approved by the State of Maryland.

Applicant is not engaged and does not

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. 95–6503 Filed 3–15–95; 8:45 am]

BILLING CODE 8010–01–M

[Release No. 35–26249]

Filings Under the Public Utility Holding

Company Act of 1935, as amended

(‘‘Act’’)

March 10, 1995.

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 thereunder. 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 amendments thereto is/are available

for public inspection through the
Federal Register / Vol. 60, No. 51 / Thursday, March 16, 1995 / Notices 14315

Commission’s Office 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

April 3, 1995, to the Secretary,

Securities and Exchange Commission,

Washington, D.C. 20549, 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 case of an attorney at law, by

certificate) should be filed with the

request. Any request for hearing shall

identify specifically the issues of fact 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 said date, the application(s) and/

or declaration(s), as filed or as amended,

may be granted and/or permitted to

become effective.

Kingsport Power Company, et al. (70–

8581)

Kingsport Power Company

(‘‘Kingsport’’), 422 Broad Street,

Kingsport, Tennessee 37660, and

Wheeling Power Company, Inc.

(‘‘Wheeling’’), 51 Sixteenth Street,

Wheeling, West Virginia 26003, electric

utility subsidiary companies of America

Electric Power Company, Inc., 1

Riverside Plaza, Columbus, Ohio 43215,

a registered holding company, have

filed a declaration under sections 6(a)

and 7 of the Act and rule 54 thereunder.

Kingsport and Wheeling propose to

issue from time-to-time through

December 31, 1996, up to $19 million

and $28 million at any one time

outstanding, respectively, unsecured

promissory notes (‘‘Notes’’) to one or

more commercial banks, other financial

institutions or institutional investors in

accordance with a term-loan agreement.

The Notes will mature in not less than

nine months nor more than ten years

and will have a fixed or floating rate of

interest, or a combination of both. The

actual rate of interest of each Note shall

be subject to negotiations between the

borrower and the lender, but any fixed

rate of interest will not exceed 250 basic

points over the yield, at issuance, of

U.S. Treasury obligations with

comparable maturity dates, and a

floating rate will not exceed 200 basis

points over the prime rate as announced

from time to time by a major bank. No

fees or compensating balances will be

paid to or maintained with a lender.

However, if a bank or financial

institution arranges financing with a

third party, the institution may charge a

placement fee not in excess of 7⁄8

percent of the principal amount of the

borrowing.

Kingsport and Wheeling will use the

proceeds from the sale of the Notes to

refund long-term debt and, to the extent

internally generated funds are

insufficient, to fund their respective

construction programs or to repay shortterm unsecured debt incurred to refund

long-term debt or to fund its

construction program. Kingsport has

two maturing term loans: (1) a $2

million term loan due November 1,

1995, bearing interest at 9.72 per

annum; and (2) a $10 million term loan

due January 22, 1996, bearing interest at

10.78% per annum. At February 1,

1995, Kingsport had $3.35 million shortterm debt outstanding. Kingsport

estimates that its construction costs will

be $9 million during 1995. Wheeling

has two maturing term loans: (1) an $11

million term loan due November 1,

1995, bearing interest at 9.72% per

annum; and (2) a $10 million term loan

due January 22, 1996, bearing interest at

10.78% per annum. At February 1,

1995, Wheeling had $7.825 million of

short term debt outstanding. Wheeling

estimates that its construction costs will

be $5.5 million during 1995 and $4.6

million during 1996.

For the Commission, by the Division of

Investment Management, pursuant to

delegated authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 95–6443 Filed 3–15–95; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF STATE

[Public Notice 2179]

Fine Arts Committee; Notice of

Meeting

The Fine Arts Committee of the

Department of State will meet on

Saturday, April 8, 1995 at 10:30 a.m. in

the John Quincy Adams State Drawing

Room. The meeting will last until

approximately 12:00 noon and is open

to the public.

The agenda for the committee meeting

will include a summary of the work of

the Fine Arts Office since its last

meeting in September 1994 and the

announcement of gifts and loans of

furnishings as well as financial

contributions for calendar year 1994.

Public access to the Department of

State is strictly controlled. Members of

the public wishing to take part in the

meeting should telephone the fine Arts

Office by Wednesday, April 5, 1995,

telephone (202) 647–1990 to make

arrangements to enter the building. The

public may take part in the discussion

as long as time permits and at the

discretion of the chairman.

Dated: March 3, 1995.

Clement E. Conger,

Chairman, Fine Arts Committee.

[FR Doc. 95–6493 Filed 3–15–95; 8:45 am]

BILLING CODE 4710–38–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Noise Exposure Map Notice, Fort

Lauderdale Executive Airport; Fort

Lauderdale, FL

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Notice.

SUMMARY: The Federal Aviation

Administration (FAA) announces its

determination that the revised noise

exposure maps submitted by the City of

Fort Lauderdale for the Fort Lauderdale

Executive Airport under the provisions

of Title I of the Aviation Safety and

Noise Abatement Act of 1979 (Public

Law 96–193) and 14 CFR Part 150 are

in compliance with applicable

requirements.

EFFECTIVE DATE: The effective date of

FAA’s determination on the revised

noise exposure maps is March 7, 1995.

FOR FURTHER INFORMATION CONTACT:

Mr. Tommy J. Pickering, P.E., Federal

Aviation Administration, Orlando

Airports District Office, 9677 Tradeport

Drive, Suite 130, Orlando, Florida

32827–5397, (407) 648–6583.

SUPPLEMENTARY INFORMATION: This

notice announces that the FAA finds

that the revised noise exposure maps

submitted for the Fort Lauderdale

Executive Airport are in compliance

with applicable requirements of Part

150, effective March 7, 1995.

Under section 103 of the Aviation

Safety and Noise Abatement Act of 1979

(hereinafter referred to as ‘‘the Act’’), an

airport operator may submit to the FAA

noise exposure maps which meet

applicable regulations and which depict

noncompatible land uses as of the date

of submission of such maps, a

description of projected aircraft

operations, and the ways in which such

operations will affect such maps. The

Act requires such maps to be developed

in consultation with interested and

affected parties in the local community,

government agencies, and persons using

the airport. An airport operator who has

submitted noise exposure maps that are

found by FAA to be in compliance with

the requirements of Federal Aviation