[Federal Register Volume 59, Number 155 (Friday, August 12, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19750]


[[Page Unknown]]

[Federal Register: August 12, 1994]


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SMALL BUSINESS ADMINISTRATION
 

River Cities Capital Fund Limited Partnership; Filing of an 
Application for a License To Operate as a Small Business Investment 
Company

    Notice is hereby given of the filing of an application with the 
Small Business Administration (SBA) pursuant to Sec. 107.102 of the 
Regulations governing small business investment companies (13 CFR 
107.102 (1994)) by River Cities Capital Fund Limited Partnership, 221 
East Fourth Street, Suite 2250, Cincinnati, Ohio 45202, for a license 
to operate as a small business investment company (SBIC) under the 
Small Business Investment Act of 1958, as amended, (15 U.S.C. et. 
seq.), and the Rules and Regulations promulgated thereunder.
    River Cities Capital Fund will be managed by its General Partner, 
River Cities Management Company Limited Partnership, whose general 
partner is Mayson, Inc. River Cities Management Company Limited 
Partnership and Mayson, Inc. are located at the same address as the 
applicant.
    The officers and directors of Mayson, Inc. are:

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                Name                                Title               
------------------------------------------------------------------------
Edwin T. Robinson..................  President and Treasurer            
R. Glen Mayfield...................  Vice President and Secretary       
------------------------------------------------------------------------


    Mr. Robinson and Mr. Mayfield also serve as the sole directors.
    The following limited partners own 10 percent or more of the 
proposed SBIC:

------------------------------------------------------------------------
                                                              Percentage
                            Name                                  of    
                                                               ownership
------------------------------------------------------------------------
Cincinnati Financial Corporation, P.O. Box 145496,                      
 Cincinnati, Ohio 45250-4596................................        12.5
Arthur S. DeMoss Foundation, P.O. Box 1566, Chattanooga, TN             
 37401......................................................        10.0
The Fifth-Third Bank, 38 Fountain Square Plaza, Cincinnati,             
 Ohio 45263.................................................        12.5
------------------------------------------------------------------------


    The applicant, an Ohio limited partnership, will begin operations 
with regulatory capital of no less than $12 million and will be a 
source of debt and equity financings for qualified small business 
concerns. The applicant will invest primarily in Ohio, Kentucky, and 
Indiana but will consider investments in businesses in other areas of 
the United States.
    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.
    Notice is hereby given that any person may, not later than 30 days 
from the date of publication of this Notice, submit written comments on 
the proposed SBIC 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 Cincinnati, Ohio.

(Catalog of Federal Domestic Assistance Programs No. 59.011, Small 
Business Investment Companies.)

Dated: August 3, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-19750 Filed 8-11-94; 8:45 am]
BILLING CODE 8025-01-M