[Federal Register Volume 61, Number 16 (Wednesday, January 24, 1996)]
[Notices]
[Pages 1968-1969]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-1038]



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SECURITIES AND EXCHANGE COMMISSION
[Release No. 35-26453]


Filings Under the Public Utility Holding Company Act of 1935, as 
Amended (``Act'')

January 17, 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 

[[Page 1969]]
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 February 8, 1996, to the Secretary, Securities and Exchange 
Commission, Washington, DC 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.

Columbia Gas System, Inc. et al. (70-8471)

    Columbia Gas System, Inc. (``Columbia''), 20 Montchanin Road, 
Wilmington, Delaware, 19807, a registered holding company, nineteen 
wholly-owned subsidiary companies of Columbia,\1\ all of which are 
engaged in the natural gas business, and twelve subsidiary companies of 
TriStar Ventures Subsidiaries''),\2\ have filed a post-effective 
amendment to the application-declaration previously filed under 
sections 6, 7, 9(a), 10, 12(b), 12(c), and 12(f) of the Act and Rules 
42, 43, 45, and 46 thereunder.

    \1\ Columbia Gas of Pennsylvania, Inc. (``Columbia 
Pennsylvania), 200 Civic Center Drive, Columbus, Ohio 43215; 
Columbia Gas of Ohio, Inc. (``Columbia Ohio''), 200 Civic Center 
Drive, Columbus, Ohio 43215; Columbia Gas of Maryland, Inc. 
(``Columbia Maryland, Inc. ``Columbia Maryland''), 200 Civic Center 
Drive, Columbus, Ohio 43215; Columbia Gas of Kentucky, Inc. 
(``Columbia Kentucky''), 200 Civic Center Drive, Columbus, Ohio 
43215; Commonwealth Gas Services, Inc. (``Commonwealth Services''), 
200 Civic Center Drive, Columbus, Ohio 43215; Columbia Gulf 
Transmission Co. (``Columbia Gulf''), 1700 MacCorkle Avenue, SE., 
Charleston, West Virginia 25314; Columbia Gas Development Corp. 
(``Columbia Development''), One Riverway, Houston, Texas 77056; 
Columbia Natural Resources, Inc. (``Columbia Resources''), 900 
Pennsylvania Avenue, Charleston, West Virginia 25302; Columbia Coal 
Gasification Corp. (``Columbia Coal''), 900 Pennsylvania Avenue, 
Charleston, West Virginia 25302; Columbia Energy Services Corp. 
(``Columbia Services''), 2581 Washington Road, Upper Saint Clair, 
Pennsylvania 15241; Columbia Gas System Service Corp. (``Service 
Corporation''), 20 Montchanin Road, Wilmington, Delaware 19807; 
Columbia Propane Corp. (``Columbia Propane''), 800 Moorehead Park 
Drive, Richmond, Virginia 23236; Commonwealth Propane, Inc. 
(``Commonwealth Propane''), 800 Moorefield Park Drive, Richmond, 
Virginia 23236; Tristar Ventures Corp. (``TriStar Ventures''), 20 
Montchanin Road, Wilmington, Delaware 19807; Tristar Capital Corp. 
(``TriStar Capital''), 20 Montchanin Road, Wilmington, Delaware 
19807; Columbia Atlantic Trading Corp. (``Columbia Atlantic''), 20 
Montchanin Road, Wilmington, Delaware 19807; Columbia LNG Corp. 
(``Columbia LNG''), 20 Montchanin Road, Wilmington, Delaware 19807; 
Columbia Gas Transmission Corp. (``Gas Transmission''), 1700 
MacCorkle Avenue, SE, Charleston, West Virginia, 25314; and Columbia 
Energy Marketing Corp. (``Energy Marketing), 2581 Washington Road, 
Pittsburgh, Pennsylvania, 15241.
    \2\ TriStar Pedrick Limited Corporation, TriStar Pedrick General 
Corporation, TriStar Binghamton Limited Corporation, TriStar 
Binghamton General Corporation, TriStar Vineland Limited 
Corporation, TriStar Vineland General Corporation, TriStar Rumford 
Limited Corporation, TriStar Georgetown General Corporation, TriStar 
Georgetown Limited Corporation, TriStar Fuel Cells Corporation, TVC 
Nine Corporation, and TVC Ten Corporation, all of 20 Montchanin 
Road, Wilmington, Delaware 19807.
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    By order dated December 22, 1994 (HCAR No. 26201), (``Order''), 
Columbia, and fourteen of the subsidiary companies 
(``Subsidiaries''),\3\ were authorized to recapitalize Columbia Gulf, 
Columbia Development, and Columbia Coal, to implement the 1995 and 1996 
Long-Term and Short-Term Financing Programs of the Subsidiaries, and to 
continue the Intrasystem Money Pool (``Money Pool'') through 1996.

    \3\ Columbia Pennsylvania, Columbia Ohio, Columbia Maryland, 
Columbia Kentucky, Commonwealth Services, Columbia Gulf, Columbia 
Development, Columbia Resources, Columbia Coal, Service Corporation, 
Columbia Propane, Commonwealth Propane, TriStar Capital, and 
Columbia Atlantic.
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    By order dated March 14, 1995 (HCAR No. 26251), the TriStar 
Ventures Subsidiaries were authorized to invest in, but not to borrow 
from, the Money Pool. By order dated November 8, 1995 (HCAR No. 26404), 
Gas Transmission and Energy Marketing were authorized to invest in, but 
not to borrow from, the Money Pool.\4\

    \4\ Columbia, Columbia Maryland, and thirty other subsidiary 
companies of Columbia have pending before the Commission a post-
effective amendment that seeks authorization for the sale of 
securities by Columbia Maryland to Columbia, the proceeds of which 
will be used to refund other securities previously sold by Columbia 
Maryland to Columbia and to meet the capital needs of Columbia 
Maryland in 1996. The Commission issued a notice of the filing of 
the post-effective amendment on November 17, 1995 (HCAR No. 26411).
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    Columbia now proposes that the cost of money on all short-term 
advances from, and the investment rate for money invested in, the Money 
Pool will be the interest rate per annum (i) equal to the composite 
weighted average rate on short-term borrowings by Columbia deposited in 
the Money Pool and/or the weighted average short-term investment rate 
of the Money Pool, or (ii) should there be no Columbia short-term 
borrowings deposited in the Money Pool and no Money Pool investments, 
the interest rate will be the average Federal Funds rate published in 
the Federal Reserve Statistical Release, Publication H.15(519). A 
default rate equal to 2% per annum above the pre-default rate on unpaid 
principal or interest amounts will be assessed if interest or principal 
payment becomes past due.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 96-1038 Filed 1-23-96; 8:45 am]
BILLING CODE 8010-01-M