[Federal Register Volume 61, Number 98 (Monday, May 20, 1996)]
[Notices]
[Page 25250]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-12538]



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SECURITIES AND EXCHANGE COMMISSION
[File No. 1-7316]


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Commonwealth Energy System, Common Shares of 
Beneficial Interest, $4 Par Value)

May 14, 1996.
    Commonwealth Energy System (``Company'' or ``System'') 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 Boston Stock Exchange, Inc. (``BSE'').
    The reasons alleged in the application for withdrawing the security 
from listing and registration include the following:
    According to the Company, the Exchange charges the System an annual 
maintenance fee of $1,000 and listing fees for additional registered 
shares. The low volume of System shares traded on the BSE does not 
warrant continued listing on this exchange. Additionally, the System 
believes that its shareholders receive no significant economic benefit 
by maintaining its listing with the exchange. The System further 
believes that its continued listing on the NYSE and the PSE is 
sufficient to serve the needs of its shareholders throughout the 
continental United States and its political sub-division thereof.
    Any interested person may, on or before June 5, 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. 96-12538 Filed 5-17-96; 8:45 am]
BILLING CODE 8010-01-M