[Federal Register Volume 68, Number 171 (Thursday, September 4, 2003)]
[Notices]
[Page 52621]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-22514]



[[Page 52621]]

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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application of Vestaur Securities, 
Inc. to Withdraw Its Common Stock, $.01 Par Value, From Listing and 
Registration on the New York Stock Exchange, Inc. File No. 1-02320

August 29, 2003.
    Vestaur Securities, a State of Delaware corporation (``Issuer''), 
has filed an 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 (``Security''), from listing and registration on the 
New York Stock Exchange, Inc. (``NYSE'' 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 Issuer's Board of Directors (``Board'') approved resolutions on 
May 14, 2003 to withdraw the Issuer's Security from listing on the NYSE 
and approved the listing on the American Stock Exchange (``AMEX''). In 
making its decision to withdraw the Security from the Exchange, the 
Board determined that it was in the best interest of the Issuer to 
delist from the NYSE and list on the AMEX due to considerations of 
expense and the resulting benefits to the Issuer's shareholders.
    The Issuer stated in its application that it has complied with the 
NYSE's rules governing an issuer's voluntary withdrawal of a security 
from listing and registration. The Issuer's application relates solely 
to the Security's withdrawal from listing on the NYSE and from 
registration under section 12(b) of the Act \3\ and shall not affect 
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 September 18, 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 NYSE 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. 03-22514 Filed 9-3-03; 8:45 am]
BILLING CODE 8010-01-P