SYSTEM ENERGY RESOURCES INC
U-1/A, 1995-05-08
ELECTRIC SERVICES
Previous: IDS TAX EXEMPT BOND FUND INC, 485BPOS, 1995-05-08
Next: CAPITAL PROPERTIES INC /RI/, 10QSB, 1995-05-08




                                                 File No. 70-8511

               SECURITIES AND EXCHANGE COMMISSION
                    WASHINGTON,  D. C.  20549
                                
                _________________________________
                                
                         Amendment No. 7
                             to the
                           Form U-1/A
               __________________________________
                                
                    APPLICATION - DECLARATION
                              Under
         THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
                                
                _________________________________
                                
System Energy Resources, Inc.    Entergy Corporation
1340 Echelon Parkway             P.O. Box 61005
Jackson, Mississippi 39213       New Orleans, Louisiana  70161
Telephone:  601-368-5000         Telephone:  504-529-5262
                                 
Arkansas Power & Light Company   Louisiana Power & Light Company
P.O. Box 551                     639 Loyola Avenue
Little Rock, Arkansas  72203     New Orleans, Louisiana  70113
Telephone:  501-377-4000         Telephone:  504-569-4000
                                 
Mississippi Power & Light        New Orleans Public Service Inc.
  Company                        639 Loyola Avenue
P.O. Box 1640                    New Orleans, Louisiana  70113
Jackson, Mississippi  39205      Telephone:  504-569-4000
Telephone:  601-969-2311         
                                
                                
     (Names of companies filing this statement and addresses
                 of principal executive offices)
                                
               __________________________________
                                
                       ENTERGY CORPORATION
                                
             (Name of top registered holding company
             parent of each applicant or declarant)
                                
                _________________________________
                                
               Gerald D. McInvale
               Senior Vice President and Chief Financial Officer
               System Entergy Resources, Inc.
               1340 Echelon Parkway
               Jackson, Mississippi  39213


             (Name and address of agent for service)
                                
              _____________________________________
                                
         The Commission is also requested to send copies
      of communications in connection with this matter to:
                                

Laurence M. Hamric, Esq.       Robert B. McGehee, Esq.
Denise C. Redmann, Esq.        Wise Carter Child & Caraway
Entergy Services, Inc.         600 Heritage Building
639 Loyola Avenue              P.O. Box 651
New Orleans, Louisiana 70113   Congress at Capitol
(504) 576-2095                 Jackson, Mississippi 39205
                               (601) 968-5500
                               
Thomas J. Igoe, Jr., Esq.      David P. Falck, Esq.
Reid & Priest                  Winthrop, Stimson, Putnam & Roberts
40 West 57th Street            One Battery Park Plaza
New York, New York  10019      New York, New York  10004
(212) 603-2110                 (212) 858-1438
                               
Steven C. McNeal               
Director - Corporate Finance
and Risk Management
Entergy Services, Inc.
639 Loyola Avenue
New Orleans, LA  70113
(504) 569-4363


<PAGE>

Item 1.  Description of Proposed Transactions.

     Section D.  Other

     Item 1, Section D is hereby amended by the deletion of the
first sentence of the second full paragraph of Section D, and the
substitution of the following sentences:

          The proposed transactions are also subject to Rule
     54.  Under Rule 54, in determining whether to approve the
     issue or sale of a security by a registered holding
     company for purposes other than the acquisition of an EWG
     or FUCO, or other transactions by such registered holding
     company or its subsidiaries other than with respect to
     EWG's or FUCO's, the Commission shall not consider the
     effect of the capitalization or earnings of any
     subsidiary which is an EWG or a FUCO upon the registered
     holding company system if Rules 53(a), (b) and (c) are
     satisfied.  In that regard, assuming consummation of the
     transactions proposed in this application, all of the
     conditions set forth in Rule 53(a) are and will be
     satisfied and none of the conditions set forth in Rule
     53(b) exists or, as a result thereof, will exist.

Item 5.  Procedure.


     The last paragraph of Item 5 is hereby amended in its entirety
and restated to read as follows:

          The Company requests that the Commission's order
     authorizing    the    above   transactions    contain
     reservations  of jurisdiction over (i) the  execution
     of  and performance under any Reimbursement Agreement
     underlying  any letter of credit issued  as  security
     for  the Company's obligations in connection with the
     issuance  and sale of Tax-Exempt Bonds and  (ii)  the
     proposed  issuance  and sale of Debentures,  in  each
     case  pending  completion of the record with  respect
     thereto.
                           
<PAGE>                           
                           SIGNATURES
                                
Pursuant to the requirements of the Public Utility Holding Company

Act of 1935, the undersigned companies have duly caused this

amendment to be signed on their behalf by the undersigned thereunto

duly authorized.


                    SYSTEM ENERGY RESOURCES, INC.
                    ENTERGY CORPORATION
                    
                    
                    
                    By:       /s/ Lee W. Randall
                       Lee W. Randall
                       Vice President and Chief Accounting Officer
                    
                    
                    ARKANSAS POWER & LIGHT COMPANY
                    LOUISIANA POWER & LIGHT COMPANY
                    MISSISSIPPI POWER & LIGHT COMPANY
                    NEW ORLEANS PUBLIC SERVICE INC.
                    
                    
                    
                    By:  /s/ Lee W. Randall
                       Lee W. Randall
                       Vice President, Chief Accounting Officer
                       and Assistant Secretary


Dated:  May 8, 1995




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission