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File No. 70-8973
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
AMENDMENT NO. 4
TO
APPLICATION OR DECLARATION
ON
FORM U-1
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
ALLEGHENY POWER SYSTEM, INC.
10435 Downsville Pike
Hagerstown, MD 21740
AYP CAPITAL, INC.
10435 Downsville Pike
Hagerstown, MD 21740
_________________________________________________________________
(Name of company or companies filing this statement and addresses
of principal executive offices)
Allegheny Power System, Inc.
_________________________________________________________________
(Name of top registered holding company parent of each applicant
or declarant)
Thomas K. Henderson, Esquire
Vice President
Allegheny Power
10435 Downsville Pike
Hagerstown, MD 21740
_________________________________________________________________
_
(Name and address of agent for service)
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1. Applicants hereby amend their application in this matter by
deleting the first phrase of paragraph b) of the Requested
Authority section of Item No. 1: Description of Proposed
Transaction and substituting the following in its place:
b) to engage in the consulting for marketing, selling,
leasing, customer financing, and acquisition and installation of
power quality devices including, but not limited to: surge
suppressors, uninterruptible power supplies and stand-by power
supplies to customers located in the United States.
2. Applicants hereby amend their application in this matter by
adding the following to the end of Item No. 1: Description of
Proposed Transaction:
Quarterly Reporting
AYP and MARKETCO agree to file quarterly with the Commission
certificates of notification, no later than sixty days after the
end of each calendar quarterly period, concerning the
transactions and financings carried out pursuant to the authority
requested herein during the previous quarter. Such certificates
of notification will include the following information:
(i) a balance sheet and income statement for AYP and one
for each MARKETCO, when established;
(ii) a narrative description of activities undertaken by AYP
and each MARKETCO with respect to (a) the marketing and sale of
appliance and equipment repair warranties, service plans, or
other maintenance agreements, (b) consulting for, marketing,
selling, leasing, customer financing, or acquisition and
installation of power quality devices; and
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(iii) a narrative description of services rendered by
APSC or its subsidiaries, directly or indirectly, to AYP or each
MARKETCO, and the aggregate dollar value thereof.
SIGNATURE
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, the undersigned companies have caused this
statement to be signed on its behalf by the undersigned thereto
duly authorized.
Allegheny Power System, Inc.
By: /s/ Philip J. Bray
Philip J. Bray
Counsel
AYP Capital, Inc.
By: /s/ Philip J. Bray
Philip J. Bray
Counsel
Dated: April 24, 1997
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