[Federal Register Volume 63, Number 1 (Friday, January 2, 1998)]
[Notices]
[Page 117]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-34192]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Crown Laboratories, Inc., Common Stock, $.001 Par 
Value) File No. 1-12848

December 24, 1997.
    Crown Laboratories, Inc. (``Company'') 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'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Security 
from listing and registration include the following:
    The Company has complied with Amex Rule 18 by filing with the 
Exchange a certified copy of the unanimous written consent containing 
resolutions adopted by the Company's Board of Directors authorizing the 
withdrawal of the Security from listing and registration on the Amex, 
and by setting forth in detail to the Exchange the reasons and facts 
supporting the proposed withdrawal.
    On October 16, 1997, the Company's Board of Directors unanimously 
determined to withdraw the Company's Security from listing and 
registration on the Emerging Company Marketplace of the Amex. This 
action was taken while the Company and the Amex were engaged in 
discussions focusing on whether the Company was in compliance with 
certain of the Amex's continued listing guidelines. The Company has 
represented that its Security will continue to trade on the Pacific 
Exchange, Inc., where the Security has been listed and registered since 
November 11, 1996.
    By letter dated November 11, 1997, the Amex informed the Company 
that it had no objection to the withdrawal of the Company's Security 
from listing and registration on the Amex.
    By reason of Section 12(b) of the Act and the rules thereunder, the 
Company shall continue to be obligated to file reports with the 
Commission and the Pacific Exchange under Section 13 of the Act.
    Any interested person may, on or before January 16, 1998, submit by 
letter 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. 97-34192 Filed 12-31-97; 8:45 am]
BILLING CODE 8010-01-M