[Federal Register Volume 68, Number 108 (Thursday, June 5, 2003)]
[Notices]
[Pages 33747-33748]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-14169]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-26065]


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

May 30, 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 
May, 2003. A copy of each application may be obtained for a fee at the 
SEC's Public Reference Branch, 450 Fifth St., NW., 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 June 24, 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

[[Page 33748]]

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.

Merrill Lynch Emerging Markets Debt Fund, Inc. [File No. 811-7794]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On February 24, 2003, applicant transferred 
its assets to Merrill Lynch World Income Fund, Inc., based on net asset 
value. Expenses of $240,457 incurred in connection with the 
reorganization were paid by the acquiring fund.
    Filing Dates: The application was filed on May 6, 2003, and amended 
on May 21, 2003.
    Applicant's Address: 800 Scudders Mill Rd., Plainsboro, NJ 08536.

Hyperion 2002 Term Trust, Inc. [File No. 811-7070]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On December 
2, 2002, applicant made a liquidating distribution to its shareholders, 
based on net asset value. Expenses of $747,500 incurred in connection 
with the liquidation were paid by applicant. American Stock Transfer & 
Trust Company is holding assets for unlocated shareholders. Any 
unclaimed assets will eventually escheat to the various states.
    Filing Date: The application was filed on May 8, 2003.
    Applicant's Address: One Liberty Plaza, 165 Broadway, 36th Floor, 
New York, NY 10006-1404.

Bergstrom Capital Corporation [File No. 811-1641]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On April 11, 
2003, applicant made a liquidating distribution to its shareholders, 
based on net asset value. Expenses of approximately $125,618 incurred 
in connection with the liquidation were paid by applicant. Applicant 
has retained cash in the amount of approximately $383,805, which is 
being held in a deposit account at its custodian, to cover outstanding 
accrued liabilities. Applicants expect any assets remaining after 
payment of all outstanding obligations will be distributed to 
shareholders of record on June 6, 2003.
    Filing Dates: The application was filed on April 8, 2003, and 
amended on May 7, 2003.
    Applicant's Address: 221 First Ave. West, Suite 320, Seattle, WA 
98119-4224.

CTB Securities Trust Fund [File No. 811-10091]

    Summary: Applicant, a closed-end investment company, seeks an 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. Applicant will continue to operate as an 
unregistered real estate investment trust in reliance on sections 
3(c)(1), 3(c)(5), and/ or 3(c)(7) of the Act.
    Filing Dates: The application was filed on March 14, 2003, and 
amended on May 8, 2003.
    Applicant's Address: 22939 Hawthorne Boulevard, Torrance, CA 90505.

Kenilworth Fund, Inc. [File No. 811-7620]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 30, 2002, applicant transferred 
its assets to AHA Diversified Equity Fund, based on net asset value. 
Expenses of $30,253 incurred in connection with the reorganization were 
paid by applicant and Institutional Portfolio Services, Ltd., 
applicant's investment adviser.
    Filing Dates: The application was filed on February 28, 2003, and 
amended on May 9, 2003.
    Applicant's Address: 21 S. Clark St., Suite 2594, Chicago, IL 
60603.

Montgomery Partners Absolute Return Fund LLC [File No. 811-10595]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant has 
never made a public offering of its securities and has fewer than one 
hundred investors. Applicant will operate in reliance on section 
3(c)(1) of the Act until its illiquid assets can be liquidated.
    Filing Dates: The application was filed on March 28, 2003, and 
amended on April 29, 2003.
    Applicant's Address: 101 California St., 34th Floor, San Francisco, 
CA 94111.

Merrill Lynch KECALP L.P. 1986 [File No. 811-4387]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 22, 1999, applicant made a 
liquidating distribution to its shareholders based on net asset value. 
Expenses of $64,091 incurred in connection with the liquidation were 
paid by applicant.
    Filing Dates: The application was filed on December 22, 2000, and 
amended on May 2, 2003.
    Applicant's Address: 4 World Financial Center, 23rd Floor, New 
York, New York 10080.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 03-14169 Filed 6-4-03; 8:45 am]
BILLING CODE 8010-01-P