[Federal Register Volume 64, Number 121 (Thursday, June 24, 1999)]
[Notices]
[Page 33937]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-16041]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw from Listing 
and Registration; (Premier Capital Trust I, Cumulative Trust Preferred 
Securities) File No. 1-12625-02

June 18, 1999.
    Premier Capital Trust I (``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 LLC (``Amex'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Security 
from listing and registration include the following:
    The Security of the Company has been listed for trading on the Amex 
and, pursuant to a Registration Statement on Form 8-A which became 
effective on May 28, 1999, on the New York Stock Exchange, Inc. 
(``NYSE''). Trading of the Company's Security on the NYSE commenced at 
the opening of business on June 1, 1999.
    The Company has complied with Rule 18 of the Amex by filing with 
the Exchange a certified copy of premables and resolutions adopted by 
the Company's Board of Directors authorizing the withdrawal of its 
Security from listing on the Amex and by setting forth in detail to the 
Exchange the reasons for the proposed withdrawal, and the facts in 
support thereof. In making the determination to withdraw the Security 
from listing on the Amex in conjunction with its being admitted to 
trading on the NYSE, the Company sought to provide its Security with 
enhanced market exposure and institutional support it would receive 
from listing on the NYSE, as well as to avoid the direct and indirect 
costs which would have resulted from the simultaneous listing of the 
Security on both the Amex and the NYSE. The Amex has informed the 
Company that it has no objection to the withdrawal of the Company's 
Security from listing on the Exchange.
    The Company's application relates solely to the withdrawal from 
listing of the Company's Security from the Amex and shall have no 
effect upon the continued listing of the Security on the NYSE. By 
reason of Section 12(b) of the Act and the rules and regulations of the 
Commission thereunder, the Company shall continue to be obligated to 
file reports under Section 13 of the Act with the Commission and the 
NYSE.
    Any interested person may, on or before July 8, 1999, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW, Washington, DC 20549-0609, 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. 99-16041 Filed 6-23-99; 8:45 am]
BILLING CODE 8010-01-M