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File Number 70-8667
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
AMENDMENT NO. 5
To
FORM U-1
APPLICATION-DECLARATION UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
By
CONSOLIDATED NATURAL GAS COMPANY
CNG Tower
625 Liberty Avenue
Pittsburgh, Pennsylvania 15222-3199
and its subsidiary companies:
CNG COAL COMPANY CNG STORAGE SERVICE COMPANY
CNG ENERGY SERVICES CORPORATION CNG TRANSMISSION CORPORATION
and its subsidiary company CONSOLIDATED NATURAL GAS
CNG PRODUCTS AND SERVICES, INC. SERVICE COMPANY, INC.
CNG FINANCIAL SERVICES, INC. CONSOLIDATED SYSTEM LNG COMPANY
CNG POWER COMPANY HOPE GAS, INC.
and its subsidiary company THE EAST OHIO GAS COMPANY
CNG MARKET CENTER SERVICES, INC. THE PEOPLES NATURAL GAS COMPANY
CNG PRODUCING COMPANY VIRGINIA NATURAL GAS, INC.
and its subsidiary WEST OHIO GAS COMPANY
company CNG PIPELINE COMPANY
CNG RESEARCH COMPANY
Consolidated Natural Gas Company,
a registered holding company,
is the parent of the other parties.
Names and addresses of agents for service:
STEPHEN E. WILLIAMS, Esq., N. F. CHANDLER, Esq., General Attorney
Senior Vice President and Consolidated Natural Gas Service
General Counsel Company, Inc.
Consolidated Natural Gas Company CNG Tower
CNG Tower 625 Liberty Avenue
625 Liberty Avenue Pittsburgh, PA 15222-3199
Pittsburgh, PA 15222-3199
with a copy to:
Gary W. Wolf, Esq.
Cahill Gordon & Reindel
Eighty Pine Street
New York, NY 10005
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File Number 70-8667
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
AMENDMENT NO. 5
To
FORM U-1
APPLICATION-DECLARATION UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
Consolidated Natural Gas Company, et al., hereby amend their system
financing application-declaration, as previously amended through Amendment No.
4, under the above file number as follows:
Item 1. Description of Proposed Transaction
___________________________________
The following is inserted on page 11 as a new third paragraph under
"III. GENERAL FINANCING CONCEPT."
"The proceeds from the sale of securities by Consolidated in external
financing transactions will be added to Consolidated's treasury and
subsequently used to (i) finance, in part, capital expenditures of
Consolidated and its Subsidiaries, (ii) finance (in the case of short-term
debt) gas storage inventories, other working capital requirements and
capital spending of the CNG System until long-term financing can be
obtained, and/or (iii) acquire, retire, or redeem securities of which
Consolidated is an issuer without the need for prior Commission approval
pursuant to Rule 42 or a successor rule. Additionally, proceeds may also
be used to finance acquisitions permitted pursuant to proposed Rule 54
(once adopted), as discussed in more detail below."
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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.
CONSOLIDATED NATURAL GAS COMPANY
By D. M. Westfall, Senior Vice President
and Chief Financial Officer
CNG COAL COMPANY
CNG ENERGY SERVICES CORPORATION
CNG PRODUCTS AND SERVICES, INC.
CNG FINANCIAL SERVICES, INC.
CNG POWER COMPANY
CNG MARKET CENTER SERVICES, INC.
CNG PRODUCING COMPANY
CNG PIPELINE COMPANY
CNG RESEARCH COMPANY
CNG STORAGE SERVICE COMPANY
CNG TRANSMISSION CORPORATION
CONSOLIDATED NATURAL GAS SERVICE
COMPANY, INC.
CONSOLIDATED SYSTEM LNG COMPANY
HOPE GAS, INC.
THE EAST OHIO GAS COMPANY
THE PEOPLES NATURAL GAS COMPANY
VIRGINIA NATURAL GAS, INC.
WEST OHIO GAS COMPANY
By N. F. Chandler, Their Attorney
Dated: March 27, 1996
