[Federal Register Volume 61, Number 55 (Wednesday, March 20, 1996)]
[Notices]
[Page 11443]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-6633]



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SECURITIES AND EXCHANGE COMMISSION

Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (PLM Equipment Growth Fund III, Limited Partnership 
Depository Units) File No. 1-10813

March 14, 1996.
    PLM Equipment Growth Fund III (``Partnership'') has filed an 
application with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') and Rule 12d2-2(d) promulgated thereunder, to 
withdraw the above specified security (``Security'') from listing and 
registration on the American Stock Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing the Security 
from listing and registration include the following:
    According to the Partnership, PLM Financial Services, Inc. acts as 
the general partner, and as such is responsible for managing the 
affairs of the partnership. The Partnership was originally anticipated 
to have a life-span not to exceed 10-12 years unless earlier terminated 
pursuant to the provisions of the limited partnership agreement. The 
Partnership was informed in May 1988 and it became listed on August 16, 
1991. There are three phases to this partnership; funding, operations 
(including a period of reinvestment), and, liquidation. Because the 
Partnership will soon be terminating its reinvestment phase, it is 
considered to be in, or entering into, its liquidation stage. Sizable 
equipment sales will significantly reduce the size of the partnership's 
remaining portfolio which will make it difficult for the marketplace to 
accurately price the units. The Partnership has recently completed one 
such sale and we anticipate that similar sales will take place in the 
partnership in the near future.
    Any interested person may, on or before April 4, 1996 submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the exchanges 
and what terms, if any, should be imposed by the Commission for the 
protection of investors. The Commission, based on the information 
submitted to it, will issue an order granting the application after the 
date mentioned above, unless the Commission determines to order a 
hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary,
[FR Doc. 96-6633 Filed 3-19-96; 8:45 am]
BILLING CODE 8010-01-M