[Federal Register Volume 68, Number 25 (Thursday, February 6, 2003)]
[Notices]
[Pages 6230-6231]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-2830]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-25921]


Notice of Applications for Deregistration Under Section 8(f) of 
the Investment Company Act of 1940

January 31, 2003.
    The following is a notice of applications for deregistration under 
section 8(f) of the Investment Company Act of 1940 for the month of 
January, 2003. A copy of each application may be obtained for a fee at 
the SEC's Public Reference Branch, 450 Fifth St., NW.,

[[Page 6231]]

Washington, DC 20549-0102 (tel. (202) 942-8090). An order granting each 
application will be issued unless the SEC orders a hearing. Interested 
persons may request a hearing on any application by writing to the 
SEC's Secretary at the address below and serving the relevant applicant 
with a copy of the request, personally or by mail. Hearing requests 
should be received by the SEC by 5:30 p.m. on February 25, 2003, and 
should be accompanied by proof of service on the applicant, in the form 
of an affidavit or, for lawyers, a certificate of service. Hearing 
requests should state the nature of the writer's interest, the reason 
for the request, and the issues contested. Persons who wish to be 
notified of a hearing may request notification by writing to the 
Secretary, SEC, 450 Fifth Street, NW., Washington, DC 20549-0609. For 
Further Information Contact: Diane L. Titus at (202) 942-0564, SEC, 
Division of Investment Management, Office of Investment Company 
Regulation, 450 Fifth Street, NW., Washington, DC 20549-0506.

North American Funds [File No. 811-5797]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 14, 2001, applicant transferred 
its assets to SunAmerica Strategic Investment Series, Inc., SunAmerica 
Style Select Series, Inc., SunAmerica Income Funds, SunAmerica Equity 
Funds, and SunAmerica Money Market Funds, Inc., based on net asset 
value. Expenses of $5,808,000 incurred in connection with the 
reorganization were paid by SunAmerica Asset Management Corp., 
investment adviser to the acquiring funds.
    Filing Dates: The application was filed on October 25, 2002, and 
amended on January 8, 2003, and January 29, 2003.
    Applicant's Address: 286 Congress Street, Boston, MA 02210.

Kala Investment Corp. [File No. 811-3311]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On October 
29, 2001, applicant transferred its assets to Pitcairn Tax-Exempt Bond 
Fund, based on net asset value. Expenses of $46,221 incurred in 
connection with the reorganization were paid by applicant.
    Filing Date: The application was filed on January 24, 2003.
    Applicant's Address: 225 West 34th St., New York, NY 10122.

ATC Funds, Inc. [File No. 811-8617]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 27, 2002, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $22,440 incurred in connection with the liquidation were 
paid by Avalon Trust Company, applicant's investment adviser.
    Filing Date: The application was filed on January 17, 2003.
    Applicant's Address: 125 Lincoln Ave., Suite 100, Santa Fe, NM 
87501-2052.

One Fund, Inc. [File No. 811-6675]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 15, 2002, applicant made a 
liquidating distribution to its shareholders based on net asset value. 
Expenses of approximately $5,000 incurred in connection with the 
liquidation were paid by applicant.
    Filing Dates: The application was filed on January 15, 2003, and 
amended on January 28, 2003.
    Applicant's Address: One Financial Way, Cincinnati, OH 45242.

East West Securities Company, Inc. [File No. 811-10029]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On December 
30, 2002, applicant made a liquidating distribution to its shareholder, 
based on net asset value. Expenses of $3,000 incurred in connection 
with the liquidation were paid by East West Bank.
    Filing Date: The application was filed on January 8, 2003.
    Applicant's Address: 415 Huntington Dr., San Marino, CA 91108.

Snoqualmie Asset Fund, Inc. [File No. 811-10087]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On December 
31, 2002, applicant made a liquidating distribution to its 
shareholders, based on net asset value. Expenses of $14,000 incurred in 
connection with the liquidation were paid by Marion Holdings, Inc.
    Filing Date: The application was filed on January 2, 2003.
    Applicant's Address: 1201 Third Ave., WMT 1706, Seattle, WA 98101.

Broadway Street Pooled Trust Preferred Fund A [File No. 811-9771]

    Summary: Applicant, a closed-end investment company, seeks and 
order declaring that it has ceased to be an investment company. 
Applicant has never made a public offering of its securities and does 
not propose to make a public offering or engage in business of any 
kind.
    Filing Dates: The application was filed on November 26, 2002, and 
amended on December 20, 2002.
    Applicant's Address: 501 North Broadway, St. Louis, MO 63102.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 03-2830 Filed 2-5-03; 8:45 am]
BILLING CODE 8010-01-P