Federal Register / Vol. 61, No. 130 / Friday, July 5, 1996 / Notices 35273

transmit the reports annually is

estimated at 3,120. OPM published a

preliminary notice of its intention to

submit this request to OMB in the May

3, 1996 Federal Register at page 19963.

No comments were received as a result

of this notification.

For copies of the clearance package,

call James M. Farron, Reports and Forms

Manager, on (202) 418–3208, or by email to jmfarron@mail.opm.gov.

DATES: Comments on this proposal

should be received on or before August

5, 1996.

ADDRESSES: Send or deliver comments

to: May Eng, U.S. Office of Personnel

Management, Room 7439, 1900 E Street,

NW., Washington, DC 20415; and

Joseph Lackey, OPM Desk Officer,

Office of Information and Regulatory

Affairs, Office of Management and

Budget, Room 10235, New Executive

Office Building, NW., Washington, DC

20503.

FOR FURTHER INFORMATION CONTACT: May

Eng, (202) 606–2684, U.S. Office of

Personnel Management.

Lorraine A. Green,

Deputy Director.

[FR Doc. 96–16275 Filed 7–3–96; 8:45 am]

BILLING CODE 6325–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Investment Company Act Release No.

22048; 811–4876]

American Corporate Trust; Notice of

Application for Deregistration

June 28, 1996.

AGENCY: Securities and Exchange

Commission (‘‘SEC’’).

ACTION: Notice of application for

deregistration under the Investment

Company Act of 1940 (the ‘‘Act’’).

APPLICANT: American Corporate Trust.

RELEVANT ACT SECTION: Order requested

under 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 March 5, 1996 and amended on May

31, 1996.

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 July

23, 1996, 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, City Center, 100 2nd Ave. S.,

Suite 902, Box 8, St. Petersburg, FL

33701.

FOR FURTHER INFORMATION CONTACT:

Mary T. Geffroy, Staff Attorney, at (202)

942–0553, 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 from the SEC’s

Public Reference Branch.

Applicant’s Representations

1. Applicant is a registered unit

investment trust under the Act. On

October 16, 1986, applicant filed with

the SEC a notification of registration on

Form N–8A pursuant to section 8(a) of

the Act, and a registration statement to

register its units under section 8(b) of

the Act and the Securities Act of 1933.

The registration statement became

effective on August 21, 1987.

2. Applicant, during the life of the

trust, offered shares in the following five

series: First Yield Series, Second Yield

Series, Third Yield Series, Fourth Yield

Series, and Fifth Yield Series.

3. Trust assets were distributed to

unitholders based upon their pro rata

share. The size of each trust portfolio

fell below mandatory liquidation levels

and thus, each trust was liquidated. The

bonds remaining in each series were

sold at fair market value. The net asset

value of those bonds was distributed in

cash to the unitholders of the respective

series. No brokerage commissions were

incurred in connection with the

distribution.

4. No expenses were incurred in

connection with the distribution. As of

the date of the application, applicant

had no assets liabilities, or unitholders.

Applicant is not engaged, nor proposes

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.

Jonathan G. Katz,

Secretary.

[FR Doc. 96–17153 Filed 7–3–96; 8:45 am]

BILLING CODE 8010–01–M

[Investment Company Act Release No.

22044; 811–5568]

BEA Investment Funds, Inc.; Notice of

Application for Deregistration

June 27, 1996.

AGENCY: Securities and Exchange

Commission (‘‘SEC’’).

ACTION: Notice of Application for

Deregistration under the Investment

Company Act of 1940 (the ‘‘Act’’).

APPLICANT: BEA Investment Funds, Inc.

RELEVANT ACT SECTION: Order requested

under 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 April 15, 1996, and amended on June

11, 1996.

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 July

22, 1996, 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, One Citicorp Center, 153

East 53rd Street, New York, N.Y. 10022.

FOR FURTHER INFORMATION CONTACT:

Mary T. Geffroy, Staff Attorney, at (202)

942–0553, 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 from the SEC’s

Public Reference Branch.

Applicant’s Representations

1. Applicant is registered under the

Act as an open-end investment

company and is organized as a

Maryland corporation. On May 26,

1988, applicant filed with the SEC a

registration statement on Form N–1A

registering an indefinite number of

shares of its Institutional Money Market

Fund (‘‘IMM’’). The registration

statement was declared effective on July

22, 1988 and the initial public offering
35274 Federal Register / Vol. 61, No. 130 / Friday, July 5, 1996 / Notices

commenced that same day. Applicant

registered shares in three additional

series: the Institutional Government

Fund (‘‘IGF’’), the Tax-Exempt Money

Market Fund (‘‘TEMMF’’), and the U.S.

Treasury Money Fund (‘‘TMMF’’). IGF

was declared effective on December 28,

1990, and TEMMF and TMMF were

declared effective on March 1, 1993. As

of January 31, 1996, IGF was applicant’s

only outstanding series.

2. On January 10, 1996, applicant’s

board of directors approved the

liquidation and dissolution and

authorized the officers of the applicant

to sell all or substantially all of the

securities held by the applicant and

other properties of the applicant for

cash at the fair market value of such

assets and properties. The board of

director’s determination to liquidate the

applicant was based upon the perceived

inability to raise assets, lack of

shareholder interest, and inefficiencies

associated with investing limited funds.

Also on January 10, 1996, applicant’s

shareholders adopted and ratified

resolutions approving and authorizing

the liquidation and dissolution of the

applicant.

3. As of January 31, 1996, there were

1,862,808.568 shares of common stock

of IGF. These shares had an aggregate

net asset value of $17,938,846.49 and a

per share net asset value of $9.63. There

were no other classes of securities of the

applicant outstanding.

4. Applicant sold all of the securities

held by it on February 1, 1996. The

proceeds from the sale of these

securities were $17,938,846.49. Such

proceeds were fully distributed in cash

to the shareholders on February 1, 1996.

Each shareholder received the net asset

value of its shares.

5. Expenses consisting of accounting,

administrative, and certain legal

expenses were incurred in connection

with the liquidation and termination of

applicant. These expenses totalled

approximately $4,200 and were borne

by BEA Associates, applicant’s

investment adviser. No brokerage

commissions were incurred in

connection with the liquidation.

6. As of the date of the application,

applicant had no shareholders, assets, or

liabilities, and was not a party to any

litigation or administrative proceeding.

Applicant is 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 file a notice of

termination with the State Department

of Taxation and Assessment of

Maryland.

For the SEC, by the Division of

Investment Management, under

delegated authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 96–17069 Filed 7–3–96; 8:45 am]

BILLING CODE 8010–01–M

[Release No. 35–26538]

Filings Under the Public Utility Holding

Company Act of 1935, as amended

(‘‘Act’’)

June 28, 1996.

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

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

July 22, 1996, 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 other 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.

System Energy Resources, Inc., et al.

(70–8511)

Entergy Corporation (‘‘Entergy’’), P.O.

Box 61005, New Orleans, Louisiana

70161, a registered holding company,

and its subsidiary companies System

Energy Resources, Inc. (‘‘SERI’’),

Echelon One, 1340 Echelon Parkway,

Jackson, Mississippi 39213; Entergy

Arkansas, Inc., formerly Arkansas Power

& Light Company (‘‘Entergy Arkansas’’),

P.O. Box 551, Little Rock, Arkansas

72203; Entergy Louisiana, Inc., formerly

Louisiana Power & Light Company

(‘‘Entergy Louisiana’’), 639 Loyola

Avenue, New Orleans, Louisiana 70113;

Entergy Mississippi, Inc., formerly

Mississippi Power & Light Company

(‘‘Entergy Mississippi’’), P.O. Box 1640,

Jackson, Mississippi 39205; and Entergy

New Orleans, Inc., formerly New

Orleans Public Service Inc. (‘‘Entergy

New Orleans’’ and together with Entergy

Arkansas, Entergy Louisiana, and

Entergy Mississippi, ‘‘Operating

Subsidiaries’’), 639 Loyola Avenue, New

Orleans, Louisiana 70113, have filed a

post-effective amendment to their

application-declaration pursuant to

Sections 6(a), 7, 9(a), 10, 12(b) and 12(d)

of the Act and Rules 44, 45 and 54

thereunder.

By orders dated May 9, 1995 (HCAR

No. 26287) and August 18, 1995 (HCAR

No. 26358) (‘‘Orders’’), the Commission

authorized SERI, from time to time

through December 31, 1996, to (a) issue

and sell one or more series of its first

mortgage bonds (‘‘Bonds’’) and one or

more series of its debentures

(‘‘Debentures’’) in an aggregate principal

amount not to exceed $265 million, and

(b) enter into arrangements for the

issuance and sale of tax-exempt revenue

bonds (‘‘Tax-Exempt Bonds’’) in an

aggregate principal amount not to

exceed $235 million through December

31, 1996. The Commission additionally

authorized SERI through December 31,

1996 to issue and pledge one or more

new series of its first mortgage bonds

(‘‘Collateral Bonds’’) in an aggregate

principal amount not to exceed $251

million as security for the Tax-Exempt

Bonds.

In the Orders, the Commission

reserved jurisdiction over proposals by

SERI to enter into reimbursement

agreements underlying letters of credit

(‘‘Letters of Credit’’) issued to support

SERI’s obligations in connection with

the Tax-Exempt Bonds, pending

completion of the record.

SERI proposes to increase its

authorization to issue and sell one or

more series of the Bonds and/or

Debentures to a combined aggregate

principal amount not to exceed $540

million. SERI further proposes to

increase its authority to incur

obligations in connection with the

issuance and sale of Tax-Exempt Bonds

to an aggregate principal amount not to

exceed $350 million. Also, SERI

proposes to increase its authority to

issue and pledge Collateral Bonds, as

security for the Tax-Exempt Bonds, to

an aggregate principal amount not to

exceed $395 million. SERI requests

authority to extend its authorization to

enter into the above transactions

through December 31, 2000.

All other terms and conditions

authorized in the Orders will remain the

same, other than a change in the up-