[Federal Register Volume 68, Number 67 (Tuesday, April 8, 2003)]
[Notices]
[Pages 17105-17106]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-8440]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration on the Pacific Exchange, Inc. (El Paso Corporation, 
Common Stock, $3.00 par value) File No. 1-14365

April 2, 2003.
    El Paso Corporation, a Delaware corporation (``Issuer''), has filed 
an

[[Page 17106]]

application with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw 
its Common Stock, $3.00 par value (``Security''), from listing and 
registration on the Pacific Exchange, Inc. (``PCX'' or ``Exchange'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Board of Directors (``Board'') of the Issuer approved 
resolutions on December 6, 2002 to withdraw its Security from listing 
on the Exchange. The Issuer determined that it is not in the best 
interest of the Issuer or its stockholders to continue to be subject to 
the limitations and cost associated with maintaining the PCX's listing 
requirements for its Security. In addition, the Issuer believes that it 
is desirable and in the best interests of the Issuer and its 
stockholders to delist its Security from the PCX. The Issuer states 
that the Security will continue to trade on the New York Stock 
Exchange, Inc. (``NYSE'').
    The Issuer stated in its application that it has complied with the 
rules of the PCX that govern the removal of securities from listing and 
registration on the Exchange. The Issuer's application relates solely 
to the withdrawal of the Security from listing and registration on the 
PCX and from registration under section 12(b) \3\ of the Act and shall 
not affect its listing on the NYSE or its obligation to be registered 
under section 12(g) of the Act.\4\
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78l(g).
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    Any interested person may, on or before April 25, 2003, 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 PCX 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.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 03-8440 Filed 4-7-03; 8:45 am]
BILLING CODE 8010-01-P