CENTRAL & SOUTH WEST CORP
U-1/A, 1997-10-28
ELECTRIC SERVICES
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                                                File No. 70-9075

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                               AMENDMENT NO. 3 TO

                        FORM U-1 APPLICATION-DECLARATION

                                    UNDER THE

                   PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
                         ------------------------------

                         CENTRAL POWER AND LIGHT COMPANY
                           539 North Carancahua Street
                        Corpus Christi, Texas 78401-2802

                       PUBLIC SERVICE COMPANY OF OKLAHOMA
                              212 East Sixth Street
                           Tulsa, Oklahoma 74119-1212

                       SOUTHWESTERN ELECTRIC POWER COMPANY
                                428 Travis Street
                        Shreveport, Louisiana 71156-0001

                          WEST TEXAS UTILITIES COMPANY
                               301 Cypress Street
                            Abilene, Texas 79601-5820

                      CENTRAL AND SOUTH WEST SERVICES, INC.
                                Williams Tower 2
                                2 West 2nd Street
                              Tulsa, Oklahoma 74103

             (Names of companies filing this statement and addresses
                         of principal executive offices)
                           ---------------------------

                       CENTRAL AND SOUTH WEST CORPORATION
                 (Name of top registered holding company parent)
                          -----------------------------

                           Wendy G. Hargus, Treasurer
                       Central and South West Corporation
                          1616 Woodall Rodgers Freeway
                               Dallas, Texas 75202

                              Joris M. Hogan, Esq.
                         Milbank, Tweed, Hadley & McCloy
                             1 Chase Manhattan Plaza
                          New York, New York 10005-1413

                   (Names and addresses of agents for service)


<PAGE>


                        

                  Central Power and Light  Company,  Public  Service  Company of
Oklahoma,  Southwestern  Electric Power Company and West Texas Utilities Company
(the "Operating Companies"), wholly owned public utility subsidiaries of Central
and South West  Corporation  ("CSW"),  a registered  holding  company  under the
Public Utility Holding Company Act of 1935, as amended (the "Act"),  and Central
and  South  West  Services,  Inc.,  a  wholly  owned  subsidiary  of CSW that is
authorized to provide services to associate  companies pursuant to Section 13(b)
of  the  Act  and  rules  of  the  Securities  and  Exchange   Commission   (the
"Commission") promulgated thereunder (the "Service Company"),  hereby submit for
filing this Amendment No. 3 to the Form U-1 Application-Declaration in this File
No.  70-9075  (the  "Application")  for the  purpose of  amending  Items 1 and 6
thereof. In all other respects,  the Application as previously filed and amended
will remain the same. Item 1. Description of the Proposed Transactions.
 Item 1 is hereby amended by amending and restating the third paragraph 
thereof to read as follows:
                  "It is requested that the Commission reserve jurisdiction over
the possible future  inclusion of warranty plans for the servicing and repair of
home entertainment  video and audio systems and personal computer systems. It is
also requested that the Commission reserve jurisdiction over the offering of the
Plans in the states of Arkansas and Louisiana pending completion of the record."
Item 6. Exhibits and Financial Statements.
                  Item 6 is hereby amended to file the following exhibit:
  Exhibit 5 -   Approvals of the Public Utility Commissions of Arkansas and 
                Louisiana (to be filed by Amendment).



<PAGE>


                                S I G N A T U R E
                  Pursuant to the  requirements  of the Public  Utility  Holding
Company Act of 1935, as amended,  the  undersigned  company has duly caused this
document  to  be  signed  on  its  behalf  by  the  undersigned  thereunto  duly
authorized.
         Dated:  October 28, 1997
                                    CENTRAL POWER AND LIGHT COMPANY

                                    By:/s/WENDY G. HARGUS
                                          Wendy G. Hargus
                                          Treasurer


                                    PUBLIC SERVICE COMPANY OF OKLAHOMA


                                    By:/s/WENDY G. HARGUS
                                          Wendy G. Hargus
                                          Treasurer


                                    SOUTHWESTERN ELECTRIC POWER COMPANY

                                    By:/s/WENDY G. HARGUS
                                          Wendy G. Hargus
                                          Treasurer


                                    WEST TEXAS UTILITIES COMPANY


                                    By:/s/WENDY G. HARGUS
                                          Wendy G. Hargus
                                          Treasurer


                                    CENTRAL AND SOUTH WEST SERVICES,INC.


                                    By:/s/WENDY G. HARGUS
                                          Wendy G. Hargus
                                          Treasurer


<PAGE>


                           Exhibit Index


Exhibit                                                       Transmission
Number                     Exhibit                             Method
- --------                   -------                            ------------

  1                        Preliminary opinion of                 ___
                           Milbank, Tweed, Hadley &
                           McCloy, counsel to the
                           Applicants (previously
                           filed).

  2                        Final or "Past Tense"                  ___
                           opinion of Milbank, Tweed,
                           Hadley & McCloy, counsel
                           to the Applicants (to be
                           filed with the Certificate
                           of Notification).

  3                        Financial Statements as                ___
                           of June 30, 1997
                           (previously filed)

  4                        Proposed notice of                     ___
                           proceeding (previously
                           filed).

  5                        Approvals of the Public                ___
                           Utility Commissions of
                           Arkansas  and  Louisiana  
                           (to  be  filed  by
                           Amendment).



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