COLUMBIA GAS SYSTEM INC
U-1/A, 1996-01-04
NATURAL GAS TRANSMISISON & DISTRIBUTION
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<PAGE>   1





                                                                File No. 70-8471
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                  Post-Effective Amendment No. 11 to Form U-1

                         JOINT APPLICATION-DECLARATION
                                     UNDER
                 THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935

<TABLE>
<S>                                                <C>
THE COLUMBIA GAS SYSTEM, INC.                      COLUMBIA ENERGY SERVICES CORPORATION
COLUMBIA GAS SYSTEM SERVICE CORPORATION            COLUMBIA ENERGY MARKETING CORPORATION
COLUMBIA LNG CORPORATION                           121 Hill Pointe Drive
COLUMBIA ATLANTIC TRADING CORPORATION              Suite 100
TRISTAR VENTURES CORPORATION                       Canonsburg, Pennsylvania 15317
TRISTAR CAPITAL CORPORATION
TRISTAR PEDRICK LIMITED CORPORATION                COLUMBIA GULF TRANSMISSION COMPANY
TRISTAR PEDRICK GENERAL CORPORATION                COLUMBIA GAS TRANSMISSION CORPORATION
TRISTAR BINGHAMTON LIMITED CORPORATION             1700 MacCorkle Avenue, S.E.
TRISTAR BINGHAMTON GENERAL CORPORATION             Charleston, WV 25314
TRISTAR VINELAND LIMITED CORPORATION
TRISTAR VINELAND GENERAL CORPORATION                        COLUMBIA GAS DEVELOPMENT CORPORATION
CORPORATION
TRISTAR RUMFORD LIMITED CORPORATION                One Riverway
TRISTAR GEORGETOWN GENERAL CORPORATION             Houston, TX 77056
TRISTAR GEORGETOWN LIMITED CORPORATION
TRISTAR FUEL CELLS CORPORATION                     COMMONWEALTH PROPANE, INC.     
TVC NINE CORPORATION                               COLUMBIA PROPANE CORPORATION    
TVC TEN CORPORATION                                9200 Arboretum Parkway, Ste 140 
20 Montchanin Road                                 Richmond, VA 23236              
Wilmington, DE 19807                                
                                                   
COLUMBIA NATURAL RESOURCES, INC                    COLUMBIA GAS OF KENTUCKY, INC.   
COLUMBIA COAL GASIFICATION CORPORATION             COLUMBIA GAS OF OHIO, INC.       
900 Pennsylvania Avenue                            COLUMBIA GAS OF MARYLAND, INC.   
Charleston, WV  25302                              COLUMBIA GAS OF PENNSYLVANIA, INC.
                                                   COMMONWEALTH GAS SERVICES, INC.  
                                                   200 Civic Center Drive           
                                                   Columbus, OH 43215               
</TABLE>                                 

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

                         THE COLUMBIA GAS SYSTEM, INC.
- --------------------------------------------------------------------------------
               (Name of top registered holding company parent of
                          each applicant or declarant)

                            L. J. Bainter, Treasurer
                         THE COLUMBIA GAS SYSTEM, INC.
                               20 Montchanin Road
                              Wilmington, DE 19807
- --------------------------------------------------------------------------------
                    (Name and address of agent for service)

                   (Other Agents for Service are Listed on
                     the Reverse Side of the Front Cover)

<PAGE>   2
PAGE 2

Names and Addresses of Subsidiary Company Agents for Service:

<TABLE>
<S>                                                         <C>
W. H. HARMON, Treasurer                                     H. F. HAYES, Treasurer
Columbia Natural Resources, Inc.                            Commonwealth Propane, Inc.
Columbia Coal Gasification Corp.                            Columbia Propane Corporation
900 Pennsylvania Avenue                                     9200 Arboretum Parkway, Ste 140
Charleston, West Virginia  25302                            Richmond, Virginia  23236

D. DETAR, Treasurer                                         D. L. GELBAUGH, Vice President
TriStar Ventures Corporation                                Columbia Gas of Ohio, Inc.
TriStar Pedrick Limited Corporation                         Columbia Gas of Kentucky, Inc.
TriStar Pedrick General Corporation                         Commonwealth Gas Services, Inc.
TriStar Binghamton Limited Corporation                      Columbia Gas of Pennsylvania, Inc.
TriStar Binghamton General Corporation                      Columbia Gas of Maryland, Inc.
TriStar Vineland Limited Corporation                        200 Civic Center Drive
TriStar Vineland General Corporation                        Columbus, Ohio  43215
TriStar Rumford Limited Corporation
TriStar Georgetown Limited Corporation                      S. L. PARKS-DOWNEY, Asst. Treasurer
TriStar Georgetown General Corporation                      Columbia Gas Transmission Corporation
TriStar Fuel Cells Corporation                              Columbia Gulf Transmission Company
TVC Nine Corporation                                        1700 MacCorkle Avenue, S.E.
TVC Ten Corporation                                         Charleston, West Virginia 25314
20 Montchanin Road
Wilmington, Delaware 19807                                  J. R. LISENBY, Treasurer
                                                            Columbia Gas Development Corporation
S. J. MacQueen, Treasurer                                           One Riverway
Columbia LNG Corporation                                    Houston, Texas 77056
Columbia Atlantic Trading Corp.
20 Montchanin Road                                          ROBERT GUSTAFSON, Controller
Wilmington, Delaware 19807                                  Columbia Energy Services Corporation
                                                            Columbia Energy Marketing Corporation
L. J. BAINTER, Vice President                               121 Hill Pointe Drive
Columbia Gas System Service Corp.                           Suite 100
TriStar Capital Corporation                                 Canonsburg, Pennsylvania 15317
20 Montchanin Road
Wilmington, Delaware 19807
</TABLE>




- --------------------------------------------------------------------------------
               (Names and Addresses of Other Agents for Service)





<PAGE>   3
PAGE 3

            The Application-Declaration as previously filed is hereby amended
as follows: 

Item 6.  Exhibits and Finance Statements

                  D-2     Order of Virginia State Corporation Commission.


<PAGE>   4
PAGE 4

                                   SIGNATURE

         Pursuant to the requirements of the Public Utility Holding Company Act

of 1935, the undersigned companies have duly caused this Post-Effective 

Amendment to be signed on their behalf by the undersigned thereunto duly 

authorized.

         The signatures of the applicants and of the persons signing on their

behalf are restricted to the information contained in this application which 

is pertinent to the application of the respective companies.

<TABLE>
<S>       <C>                                         <C>
                                                      THE COLUMBIA GAS SYSTEM, INC.
                                                      
Date:     January 4, 1996                             By:      /s/ L. J. Bainter                                  
                                                            ------------------------------------------------------
                                                               L. J. Bainter, Treasurer
                                                      
                                                      
                                                      COLUMBIA GAS OF OHIO, INC.
                                                      COLUMBIA GAS OF PENNSYLVANIA, INC.
                                                      COLUMBIA GAS OF KENTUCKY, INC.
                                                      COLUMBIA GAS OF MARYLAND, INC.
                                                      COMMONWEALTH GAS SERVICES, INC.
                                                      COLUMBIA GULF TRANSMISSION COMPANY
                                                      COLUMBIA GAS TRANSMISSION CORPORATION
                                                      COLUMBIA GAS DEVELOPMENT CORPORATION
                                                      COLUMBIA PROPANE CORPORATION
                                                      COMMONWEALTH PROPANE, INC.
                                                      COLUMBIA GAS SYSTEM SERVICE CORPORATION
                                                      COLUMBIA NATURAL RESOURCES, INC.
                                                      COLUMBIA ATLANTIC TRADING CORPORATION
                                                      COLUMBIA COAL GASIFICATION CORPORATION
                                                      COLUMBIA LNG CORPORATION
                                                      COLUMBIA ENERGY SERVICES CORPORATION
                                                      COLUMBIA ENERGY MARKETING CORPORATION
                                                      TRISTAR VENTURES CORPORATION
                                                      TRISTAR CAPITAL CORPORATION
                                                      
Dated:     January 4, 1996                            By:      /s/ L. J. Bainter                                     
                                                            ---------------------------------------------------------
                                                              L. J. Bainter, Vice President
                                                      
                                                      
                                                      TRISTAR VENTURES CORPORATION
                                                      TRISTAR PEDRICK LIMITED CORPORATION
                                                      TRISTAR PEDRICK GENERAL CORPORATION
                                                      TRISTAR BINGHAMTON LIMITED CORPORATION
                                                      TRISTAR BINGHAMTON GENERAL CORPORATION
                                                      TRISTAR VINELAND LIMITED CORPORATION
                                                      TRISTAR VINELAND GENERAL CORPORATION
                                                      TRISTAR RUMFORD LIMITED CORPORATION
                                                      TRISTAR FUEL CELLS CORPORATION
                                                      TRISTAR GEORGETOWN GENERAL CORPORATION
                                                      TRISTAR GEORGETOWN LIMITED CORPORATION
                                                      TVC NINE CORPORATION
                                                      TVC TEN  CORPORATION
                                                      
Dated:     January 4, 1996                            By:      /s/ D. Detar                                          
                                                            ---------------------------------------------------------
                                                               D. Detar, Treasurer
</TABLE>





<PAGE>   5
PAGE 1

EXHIBIT INDEX
     
     (a)     Exhibit
     
             D-2  Order of Virginia State Corporation Commission.






<PAGE>   1

                           COMMONWEALTH OF VIRGINIA

                         STATE CORPORATION COMMISSION

                                 AT RICHMOND                   DECEMBER 14, 1995

APPLICATION OF

COMMONWEALTH GAS SERVICES, INC.                               CASE NO. PUF950029
and
THE COLUMBIA GAS SYSTEM, INC.

For approval of intercompany financing for 1996

                            ORDER GRANTING AUTHORITY

      On November 27, 1995, Commonwealth Gas Services, Inc. ("Commonwealth" or 

"Applicant") and The Columbia Gas System, Inc. ("Columbia" or "System") filed 

an application under Chapters 3 and 4 of Title 56 of the Code of Virginia 

requesting authority to enter into intercompany financing arrangements during 

1996.  Applicant has paid the requisite fee of $250.

      Commonwealth requests authority to enter into the following financing 

arrangements with System, its parent company, during the calendar year of 

1996: 1) from time to time, to issue and sell up to $5,000,000 in Common 

Stock; 2) from time to time, to issue and sell up to $26,200,000 in Promissory 

Notes; 3) to borrow up to an aggregate of $19,000,000 at any one time in 

short-term loans from System and/or other affiliated companies through the 

intrasystem money pool ("Money Pool"); and 4) to invest temporary excess funds,

from time to time, in the Money Pool.  The $19,000,000 of short-term debt is 

in excess of twelve (12) percent of total capitalization as defined in Section 

56-65.1 of the Code of Virginia.





<PAGE>   2

        Commonwealth proposes to issue and sell up to 100,000 shares of its

common stock with a par value of $50.  Commonwealth also proposes to issue

Promissory Notes to System not in excess of $26,200,000 during 1996.  The

proceeds from the sale of Common Stock and Promissory Notes will be used to fund

ongoing construction and retire the currently outstanding long-term debt which

matures in 1996.  Money Pool borrowings will be used to fund peak short-term

requirements such as gas purchases and gas storage.

        THE COMMISSION, upon consideration of the application and having been

advised by its Staff, is of the opinion and finds that approval of the

application will not be detrimental to the public interest.  Accordingly,


IT IS ORDERED THAT:

        1)      Applicant is hereby authorized to:

                (a)      issue and sell up to $5,000,000 in Common Stock 

                         to System;

                (b)      issue and sell up to $26,200,000 in Promissory 

                         Notes to System;

                (c)      borrow through the Money Pool from System and/or 

                         other affiliates in excess of twelve percent of 

                         capitalization in an aggregate amount not to 

                         exceed $19,000,000 at any one time; and

                (d)      invest temporary excess funds in the Money Pool 

                         from January 1, 1996, through December 31,

                         1996, all in the manner, and under the terms 

                         and conditions, and for the purposes set forth 

                         in the application.

        2)      Applicant shall account for all allocated fees associated 

with System's debtor-in-possession financing agreements such that 

administrative, commitment, structuring, and facility fees may be 

separately and individually discernible.




                                    PAGE 2
<PAGE>   3

        3)      Approval of this application shall have no implications for 

ratemaking purposes.

        4)      Approval of this application does not preclude the Commission

from applying the provisions of Section 56-78 and Section 56-80 of the Code of

Virginia hereafter.

        5)      The Commission reserves the right to examine the books and

records of any affiliate, whether or not such affiliate is regulated by this

Commission, in connection with the authority granted herein, pursuant to Section

56-79 of the Code of Virginia.

        6)      Applicant shall file quarterly reports of action within 60 days

of the end of each calendar quarter following the date of this order, to

include:

                (a)      a monthly schedule of Money Pool borrowings, 

                         segmented according to the System notes and

                         notes issued to other affiliates;
                
                (b)      monthly schedules that separately reflect interest 

                         expenses and each type of allocated fee;

                (c)      monthly schedules of System's borrowing under its 

                         Letter of Credit Agreement;
                
                (d)      a report detailing the issuance(s) of Common Stock, 

                         to include the number of shares and price per share, 

                         date of issuance, and use of the proceeds; and
                
                (e)      a report detailing the issuance of any Promissory 

                         Note(s), to include the date of the issue, face 

                         amount issued, date of maturity, quarterly 

                         principle repayment schedule, the interest rate 

                         and method for setting the interest rate, and the 

                         U.S. Treasury rate of comparable maturity.




                                    PAGE 3
<PAGE>   4
        7)      Applicant shall file a final report of action on or before

February 28, 1997, to include data for the fourth quarter of 1996 as prescribed

in ordering paragraph (6) herein. 

        8)      This matter shall be continued, subject to the continuing

review, audit, and appropriate directive of the Commission. 

        AN ATTESTED COPY hereof shall be sent to Applicant, care of Rodney W.

Anderson, Attorney, 200 Civic Center Drive, P.O. Box 117, Columbus, Ohio

43216-0117; and to the Division of Economics and Finance of the Commission.


                                      /s/ William J. Bridge                 
                           -----------------------------------------
                           Clerk of the State Corporation Commission





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