[Federal Register Volume 69, Number 43 (Thursday, March 4, 2004)]
[Notices]
[Page 10274]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-4833]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application of The Ohio Art Company 
To Withdraw Its Common Stock, $1.00 Par Value, From Listing and 
Registration on the American Stock Exchange LLC; File No. 1-07162

February 27, 2004.
    The Ohio Art Company, an Ohio 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, $1.00 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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    On February 19, 2004, the Board of Directors (``Board'') of the 
Issuer unanimously approved a resolution to withdraw the Issuer's 
Security from listing on the Amex. The Board states that the reasons 
for such action include: (i) The number of stockholders of record in 
the Issuer's Security; (ii) the limited extent of trading in the 
Issuer's Security; and (iii) the material costs of complying with the 
requirements of the Sarbanes-Oxley Act. The Company anticipates that 
its Security will be quoted on the OTC Pink Sheets.
    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 Ohio, 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's application relates solely to the withdrawal of the 
Security from listing on the Amex 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 March 23, 2004, 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. All comment letters should refer to 
File No. 1-07162. 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. 04-4833 Filed 3-3-04; 8:45 am]
BILLING CODE 8010-01-P