Federal Register / Vol. 60, No. 74 / Tuesday, April 18, 1995 / Notices 19441

1Applicant’s board of directors determined that

the Plan was in the best interests of applicant and

that the interests of applicant’s existing

shareholders would not be diluted as a result of

effecting the transactions.

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

May 8, 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 may request notification of a

hearing by writing to the SEC’s

Secretary.

ADDRESSES: Secretary, SEC, 450 5th

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

Applicant, SAFECO Plaza, Seattle, WA

98185.

FOR FURTHER INFORMATION CONTACT:

Felice R. Foundos, Staff Attorney, (202)

942–0571, or Robert A. Robertson,

Branch Chief, (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 corporation under the

laws of the State of Washington. On

September 4, 1990, applicant registered

under the Act as an investment

company and filed a registration

statement under the Securities Act of

1933 to register its shares. The

registration statement became effective

on March 18, 1993 and the initial public

offering of its shares commenced on that

date.

2. On May 6, 1993, applicant’s board

of directors approved a plan of

reorganization (the ‘‘Plan’’) between

applicant and SAFECO Tax-Exempt

Bond Trust (the ‘‘Trust’’) on behalf of its

series, SAFECO Washington State

Municipal Bond Fund (the ‘‘Acquiring

Fund’’).1 The Trust is an investment

company organized under the laws of

Delaware.

3. By moving its assets from a

Washington corporation to a Delaware

trust, applicant expects its shareholders

to benefit from the adoption of new

methods of operations and employment

of new technologies that are expected to

reduce costs. For example, Washington

corporations are required to hold annual

meetings, whereas a series of the Trust

has no such requirement. Further,

Delaware trusts generally have greater

flexibility than Washington corporations

to respond to future contingencies,

allowing such trusts to operate under

the most advanced and cost efficient

form of organization. For example,

Delaware law authorizes electronic or

telephonic communications between a

Delaware trust and its shareholders. In

addition, as one of several series of the

Trust, applicant’s shareholders should

enjoy certain expense savings through

economies of scale that would not be

available to a stand-alone entity.

4. On May 7, 1993, applicant filed

proxy materials with the SEC relating to

the proposed reorganization and

afterwards distributed such proxy

materials to its shareholders.

Applicant’s shareholders approved the

reorganization at a meeting held on

August 5, 1993.

5. Pursuant to the Plan, applicant

transferred all of its assets and liabilities

to the Acquiring Fund on September 30,

1993, in exchange for shares of the

Acquiring Fund. The exchange was

based on the relative net asset value of

applicant and the Acquiring Fund.

Immediately thereafter, applicant

distributed pro rata to its shareholders

the Acquiring Fund shares it received in

the reorganization. No brokerage

commissions were incurred in this

reorganization.

6. The total expenses incurred in

connection with the reorganization,

consisting of legal fees, accounting fees,

and printing and mailing costs of proxy

materials, were $120. Applicant’s

former investment adviser, SAFECO

Asset Management Company, paid these

expenses.

7. As of the date of the application,

applicant had no assets, debts or

liabilities, and was not a party to any

litigation or administrative proceeding.

8. Applicant has filed a certificate of

dissolution with the State of

Washington on October 1, 1993.

9. Applicant is neither engaged in nor

proposes to engage in any business

activities other than those necessary for

the winding up of its affairs.

For the Commission, by the Division of

Investment Management, under delegated

authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 95–9522 Filed 4–17–95; 8:45 am]

BILLING CODE 8010–01–M

SMALL BUSINESS ADMINISTRATION

[Application No. 99000164]

Capital for Entrepreneurs, Inc.; Notice

of Filing of an Application for a

License To Operate as a Specialized

Small Business Investment Company

Notice is hereby given of the filing of

an application with the Small Business

Administration (SBA) pursuant to

Section 107.102 of the Regulations

governing small business investment

companies (13 CFR 107.102 (1995)) by

Capital for Entrepreneurs, Inc., 4747

Troost Avenue, Kansas City, Missouri

64110, for a license to operate as a

specialized small business investment

company (SSBIC) under the Small

Business Investment Act of 1958, as

amended (15 U.S.C. et. seq.), and the

Rules and Regulations promulgated

thereunder. Capital for Entrepreneurs,

Inc. is a Missouri corporation.

The Applicant will be wholly owned

by the Center for Business Innovation,

located at the same address as the

applicant. The officers and directors of

Capital for Entrepreneurs, Inc. are:

Name and Title

Robert J. Sherwood, President, Manager

Patti J. Klinko, Vice President, Secretary

Bertram E. Berkley, Director

Tension Envelope, 819 E. 19 Street,

Kansas City, MO 64108

David M. Brain, Director

KPMG Peat Marwick, 1600 Commerce

Bank Building, Kansas City, MO

64106

Terrence P. Dunn, Director

J.E. Dunn Construction Company, 929

Holmes, Kansas City, MO 64106

Tom D. Harmon, Director

Central Mortgage Bancshares, Inc.,

4435 Main Street, Kansas City, MO

64111

Walter J. Rychlewski III, Director

Resume Expert Systems, 1201 E. West

College, Liberty, MO 64068

Mr. Sherwood and Ms. Klinko have

offices at 4747 Troost Avenue, Kansas

City, Missouri.

The applicant will have total

committed capital of $2.9 million. It

will be a source of debt and equity

financings for qualified small business

concerns, and will invest primarily in

the Kansas City area.

Matters involved in SBA’s

consideration of the application include

the general business reputation and

character of the proposed owners and

management, and the probability of

successful operations of the new

company under their management,

including profitability and financial

soundness in accordance with the Act

and Regulations.
19442 Federal Register / Vol. 60, No. 74 / Tuesday, April 18, 1995 / Notices

Notice is hereby given that any person

may, not later than 15 days from the

date of publication of this Notice,

submit written comments on the

proposed SSBIC to the Associate

Administrator for Investment, Small

Business Administration, 409 3rd Street,

SW., Washington, DC 20416.

A copy of this Notice will be

published in a newspaper of general

circulation in Kansas City, Missouri.

(Catalog of Federal Domestic Assistance

Programs No. 59.011, Small Business

Investment Companies)

Dated: April 9, 1995.

Robert D. Stillman,

Associate Administrator for Investment.

[FR Doc. 95–9443 Filed 4–17–95; 8:45 am]

BILLING CODE 8025–01–M

DEPARTMENT OF STATE

[Public Notice 2189]

International Telecommunications

Advisory Committee

Standardization Sector (ITAC–T) Study

Group D; Meeting Notice

The Department of State announces

that the United States International

Telecommunications Advisory

Committee Standardization Sector

(ITAC–T), Study Group D will meet on

Thursday, June 1, 1995, Room 1205, at

9:30 a.m. at the Department of State,

2201 C Street NW., Washington, DC

20521.

The agenda for Study Group D will

include a report of the April meeting of

ITU–T Study Group 14, and

consideration of U.S.A. and company

contributions to the June meeting of

ITU–T Study Group 7. Other matters

within the competence of Study Group

D, including Rapporteur meeting reports

may be considered during that meeting.

Persons presenting contributions to

Study Group D should bring 20 copies

of such contributions to the meeting.

Members of the General Public may

attend and join in the discussions,

subject to the control of the Chair.

Persons intending to attend the above

U.S. Study Group Meeting must

announce this not later than 5 days

before the meeting to the Department of

State, 202–647–0201 (fax: 202–647–

7407). The announcement must include

name, social security number, and date

of birth. The above includes government

and non-government attendees. All

attendees must use the ‘‘C’’ Street

entrance. One of the following valid ID’s

will be required for admittance: any

U.S. drivers’ license with photo, a

passport, or a U.S. Government agency

ID.

Dated: April 4, 1995.

Earl S. Barbely,

Chairman, U.S. ITAC for

Telecommunications Standardization Sector.

[FR Doc. 95–9462 Filed 4–17–95; 8:45 am]

BILLING CODE 4710–45–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Proposed Advisory Circular; Turbine

Engine Windmilling and Rotor Locking

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Notice of availability of

proposed advisory circulars and request

for comments.

SUMMARY: This notice announces the

availability of an Advisory Circular

(AC), which combines, No’s. 33.74 and

33.92, Turbine Engine Windmilling and

Rotor Locking.

DATES: Comments must be received on

or before May 18, 1995.

ADDRESSES: Send all comments on the

proposed AC to the Federal Aviation

Administration, Attn: Engine and

Propeller Standards Staff, ANE–110,

Engine and Propeller Directorate,

Aircraft Certification Service, 12 New

England Executive Park, Burlington,

MA, 01803–5299.

FOR FURTHER INFORMATION CONTACT: John

Golinski, Engine and Propeller

Standards Staff, ANE–110, 12 New

England Executive Park, Burlington,

MA, 01803–5299, telephone (617) 238–

7119, fax (617) 238–7199.

SUPPLEMENTARY INFORMATION

Comments Invited

A copy of the subject AC may be

obtained by contacting the person

named above under FOR FURTHER

INFORMATION CONTACT. Interested

persons are invited to comment on the

proposed AC, and submit such written

data, views, or arguments as they desire.

Commenters must identify the subject of

the AC, and submit comments in

duplicate to the address specified above.

All communications received on or

before the closing date for comments

will be considered by the Engine and

Propeller Directorate, Aircraft

Certification Service before issuance of

the final AC.

Background

This AC is on the subjects of turbine

engine windmilling and rotor locking

tests that were identified as areas where

differences existed between the Joint

Aviation Requirements-Engines, and

part 33 of the Federal Aviation

Regulations. A study group composed of

representatives of the Federal Aviation

Administration, the Joint Aviation

Authorities, Transport Canada and the

Aviation Industry worked to produce a

set of improved and harmonized

requirements. These requirements have

been published as a notice of proposed

rulemaking in the Federal Register on

March 6, 1995.

This advisory circular, published

under the authority granted to the

Administrator by 49 U.S.C. 106(g), 49

U.S.C. App. 1354(a), 1421 and 1423,

provides guidance for these proposed

requirements.

Issued in Burlington, Massachusetts, on

April 7, 1995.

James C. Jones,

Acting Manager, Engine and Propeller

Directorate, Aircraft Certification Service.

[FR Doc. 95–9500 Filed 4–17–95; 8:45 am]

BILLING CODE 4910–13–M

Proposed Advisory Circular; Turbine

Engine Vibration Survey

AGENCY: Federal Aviation

Administration, DOT.

ACTION: Notice of availability of

proposed advisory circulars and request

for comments.

SUMMARY: This notice announces the

availability of Advisory Circular (AC),

N0. 33.83, Turbine Engine Vibration

Survey.

DATES: Comments must be received on

or before May 18, 1995.

ADDRESSES: Send all comments on the

proposed AC to the Federal Aviation

Administration, Attn: Engine and

Propeller Standards Staff, ANE–110,

Engine and Propeller Directorate,

Aircraft Certification Service, 12 New

England Executive Park, Burlington,

MA, 10803–5299.

FOR FURTHER INFORMATION CONTACT:

Thomas Boudreau, Engine and Propeller

Standards Staff, ANE–110, 12 New

England Executive Park, Burlington,

MA, 01803, telephone (617) 238–7117,

fax (617) 238–7199.

SUPPLEMENTARY INFORMATION:

Comments Invited

A copy of the subject AC may be

obtained by contacting the person

named above under FOR FURTHER

INFORMATION CONTACT. Interested

persons are invited to comment on the

proposed AC, and to submit such

written data, views, or arguments as

they desire, Commenters must identify