[Federal Register Volume 62, Number 53 (Wednesday, March 19, 1997)]
[Notices]
[Pages 12987-12988]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6902]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER97-1428-000]


American Power Reserves Marketing Company; Notice of Issuance of 
Order

March 14, 1997.
    American Power Reserves Marketing Company (APRMC) submitted for 
filing a rate schedule under which APRMC will engage in wholesale 
electric power and energy transactions as a marketer. APRMC also 
requested waiver of various Commission regulations. In particular, 
APRMC requested that the Commission grant blanket approval under 18 CFR 
Part 34 of all future issuances of securities and assumptions of 
liability by APRMC.
    On March 5, 1997, pursuant to delegated authority, the Director, 
Division of Applications, Office of Electric Power Regulation, granted 
requests for blanket approval under Part 34, subject to the following:
    Within thirty days of the date of the order, any person desiring to 
be heard or to protest the blanket approval of issuances of securities 
or assumptions of liability by APRMC should file a motion to intervene 
or protest with the Federal Energy Regulatory Commission, 888 First 
Street, NE., Washington, DC 20426, in accordance with Rules 211 and 214 
of the Commission's Rules of Practice and Procedure (18 CFR 385.211 and 
385.214).
    Absent a request for hearing within this period, APRMC is 
authorized to issue securities and assume obligations or liabilities as 
a guarantor, endorser, surety, or otherwise in respect of any security 
of another person; provided that such issuance or assumption is for 
some lawful object within the corporate purposes of the applicant, and 
compatible with the public interest, and

[[Page 12988]]

is reasonably necessary or appropriate for such purposes.
    The Commission reserves the right to require a further showing that 
neither public nor private interests will be adversely affected by 
continued approval of APRMC's issuances of securities or assumptions of 
liability.
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is April 4, 1997. Copies of 
the full text of the order are available from the Commission's Public 
Reference Branch, 888 First Street, NE., Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 97-6902 Filed 3-18-97; 8:45 am]
BILLING CODE 6717-01-M