[Federal Register Volume 62, Number 129 (Monday, July 7, 1997)]
[Notices]
[Pages 36327-36328]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-17537]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-11342]


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration (Servico, Inc., Common Stock, $.01 Par Value)

June 30, 1997.
    Servico, Inc. (``Company'') has filed an application with the 
Securities and Exchange Commission (``Commission''), pursuant to 
Section 12(d) of the

[[Page 36328]]

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'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Security 
from listing and registration include the following:
    The Company's Security is listed in the New York Stock Exchange 
(``NYSE'') effective June 18, 1997.
    In making the decision to withdraw its Security from listing on the 
Amex, the Company considered the direct and indirect cost expense 
attended to maintaining the dual listing of its Security on the NYSE 
and on the Amex. The Company does not see any particular advantage in 
the dual trading of its security and believes that dual listing would 
fragment the market for its security.
    The Company has complied with Rule 18 of the Amex by filing with 
that Exchange a certified copy of preambles and resolutions adopted by 
the Company's Board of Directors authorizing the withdrawal of its 
Security from the listing on the Amex and by setting forth in detail to 
the Exchange the reasons for such proposed withdrawal, and the facts in 
support thereof. The Amex notified the Company, by letter dated June 
13, 1997 that it would not object to the Company's application to 
delist its Security.
    Any interested person may, on or before July 22, 1997, submit to 
the Secretary of the Securities and Exchange Commission, 450 Fifth 
Street, N.W., Washington, D.C. 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the exchange 
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. 97-17537 Filed 7-3-97; 8:45 am]
BILLING CODE 8010-01-M