[Federal Register Volume 68, Number 210 (Thursday, October 30, 2003)]
[Notices]
[Page 61840]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-27340]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration on the American Stock Exchange LLC (Hastings 
Manufacturing Company, Common Stock, $2.00 Par Value) File No. 1-03574

October 23, 2003.
    Hastings Manufacturing Company, a Michigan 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, $2.00 par value 
(``Security''), from listing and registration on the American Stock 
Exchange LLC (``Amex'' 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 stated in its application that it has met the 
requirements of Amex Rule l8 by complying with all applicable laws in 
the State of Michigan, in which it is incorporated, and with the Amex's 
rules governing an issuer's voluntary withdrawal of a security from 
listing and registration.
    The Issuer states that it is taking such action for the following 
reasons: ongoing legal fees and expenses, stock exchange fees; the 
costs of investor relations, press releases and annual reports; 
director and officer liability insurance premiums attributable to the 
Company's public status; additional costs and related management time 
and attention associated with the Company's public status; and 
compliance with the Sarbanes-Oxley Act and related rulemaking represent 
a substantial monetary burden to the Company.
    The Issuer's application relates solely to the withdrawal of the 
Securities from listing on the Amex and from registration under Section 
12(b) of the Act \3\ 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 November 14, 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 Amex 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. 03-27340 Filed 10-29-03; 8:45 am]
BILLING CODE 8010-01-P