[Federal Register Volume 60, Number 203 (Friday, October 20, 1995)]
[Notices]
[Pages 54280-54281]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-25960]



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SECURITIES AND EXCHANGE COMMISSION
[Rel. No. IC-21421; 811-6655]


Triple A and Government Series--1995, Inc.; Notice of Application

October 13, 1995.
AGENCY: Securities and Exchange Commission (``SEC'').

ACTION: Notice of application for deregistration under the Investment 
Company Act of 1940 (the ``Act'').

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APPLICANT: Triple A and Government Series-1995, 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 DATE: The application was filed on September 12, 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 

[[Page 54281]]
November 7, 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, 1285 Avenue of the Americas, New York, New York 
10019.

FOR FURTHER INFORMATION CONTACT:
Barbara J. Klapp, Paralegal Specialist, at (202) 942-0575, 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 a closed-end diversified investment company 
organized as a Maryland corporation, with a scheduled termination date 
of June 29, 1995 (the ``Termination Date''). On May 1, 1992, applicant 
filed a notification of registration pursuant to section 8(a) of the 
Act. On May 6, 1992, applicant filed a registration statement pursuant 
to the Securities Act of 1933. The registration statement became 
effective on June 30, 1992 and applicant's initial public offering 
commenced thereafter. Mitchell Hutchins Asset Management Inc. serves as 
applicant's investment adviser (the ``Adviser'').
    2. On or before June 29, 1995, all of applicant's portfolio 
securities either matured or were sold in open market transactions with 
dealers at ordinary spreads. In accordance with an Agreement and Plan 
of Liquidation and Dissolution approved by applicant's board of 
directors on June 2, 1995, applicant distributed all of its remaining 
assets to its shareholders on the Termination Date.
    3. As of the Termination Date, there were approximately 6,195,385 
shares of common stock, having an aggregate net asset value of 
$61,953,849 and a per share net asset value of $10. On the Termination 
Date, applicant made a cash distribution of its assets to its 
shareholders on a pro rata basis. The distribution to shareholders was 
based on net asset value.
    4. As of October 4, 1995, cash amounting to approximately $5,000 
was being held by PNC Bank N.A., in a non-interest-bearing account, for 
one shareholder who had not surrendered her share certificates. These 
assets are to be distributed on a pro rata basis as share certificates 
are surrendered. All reasonable steps are being taken to locate the 
shareholder. If PNC Bank is unable to locate the shareholder, the cash 
assets will continue to be held with PNC Bank in accordance with 
applicable state law.
    5. At the close of business on June 29, 1995, pursuant to 
applicant's articles of incorporation and Maryland law, applicant 
ceased to exist as a Maryland corporation. No action was needed by 
shareholders, or under state law, to effect the liquidation.
    6. As of the Termination Date, the known liabilities of applicant 
consisted primarily of expenses incurred in connection with applicant's 
liquidation and dissolution. The $10 per share distribution to 
shareholders reflected the payment of all known liabilities. The 
Adviser will be responsible for the payment of any additional, 
unanticipated expenses.
    7. Applicant is not a party to any litigation or administrative 
proceeding.
    8. Applicant is neither engaged in, nor does it propose 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, 
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 95-25960 Filed 10-19-95; 8:45 am]
BILLING CODE 8010-01-M