Post-Effective Amendment No. 4 to
SEC File No. 70-7926
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM U-1
DECLARATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 ("Act")
GENERAL PUBLIC UTILITIES CORPORATION ("GPU")
100 Interpace Parkway
Parsippany, New Jersey 07054
JERSEY CENTRAL POWER & LIGHT COMPANY ("JCP&L")
300 Madison Avenue
Morristown, New Jersey 07960
METROPOLITAN EDISON COMPANY ("Met-Ed")
2800 Pottsville Pike
P.O. Box 16001
Reading, Pennsylvania 19640
PENNSYLVANIA ELECTRIC COMPANY ("Penelec")
1001 Broad Street, Johnstown, Pennsylvania 15907
(Names of companies filing this statement and
addresses of principal executive offices)
GENERAL PUBLIC UTILITIES CORPORATION
(Name of top registered holding company parent of applicants)
T.G. Howson, Vice President Douglas E. Davidson, Esq.
and Treasurer Berlack, Israels & Liberman
M.A. Nalewako, Secretary 120 West 45th Street
General Public Utilities Corporation New York, New York 10036
100 Interpace Parkway
Parsippany, New Jersey 07054
R.S. Cohen, Esq. W. Edwin Ogden, Esq.
Jersey Central Power & Light Ryan, Russell, Ogden &
Company Seltzer
300 Madison Avenue 1100 Berkshire Boulevard
Morristown, New Jersey 07960 P.O. Box 6219
Reading, Pennsylvania 19610
W.C. Matthews, II, Secretary Robert C. Gerlach, Esq.
Metropolitan Edison Company Ballard Spahr Andrews &
2800 Pottsville Pike Ingersoll
P.O. Box 16001 1735 Market Street
Reading, Pennsylvania 19640 Philadelphia, Pennsylvania
and 19103
Pennsylvania Electric Company
1001 Broad Street
Johnstown, Pennsylvania 15907
(Names and addresses of agents for service)<PAGE>
GPU, JCP&L, Met-Ed and Penelec (the "GPU Companies")
hereby post-effectively amend their Declaration on Form U-1,
docketed in SEC File No. 70-7926, as follows:
1. By amending the first paragraph of paragraph T of Post-
Effective Amendment No. 1 thereof, as heretofore amended, to read
in its entirety as follows:
T. The proceeds from the issuance and sale
of the unsecured promissory notes as proposed herein
will be used by the GPU Companies to finance their
businesses, including, in the case of GPU, to finance
the acquisition of securities of EWGs and FUCOs. (GPU
will not, however, acquire an indirect ownership
interest in a FUCO (which is not also an EWG) without
prior Commission authorization except as may be
permitted by Commission rule or regulation authorizing
the same.) (1) As such, the issuance of an order by
your Commission with respect thereto is not a major
federal action significantly affecting the quality of
the human environment.
________________
(1) Declarants are not requesting authorization in this
Declaration to form or acquire any intermediate subsidiary
for the purpose of acquiring any FUCO interest.
1<PAGE>
SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935, THE UNDERSIGNED COMPANIES HAVE DULY
CAUSED THIS STATEMENT TO BE SIGNED ON THEIR BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.
GENERAL PUBLIC UTILITIES CORPORATION
JERSEY CENTRAL POWER & LIGHT COMPANY
METROPOLITAN EDISON COMPANY
PENNSYLVANIA ELECTRIC COMPANY
By:________________________________
T.G. Howson, Vice President
and Treasurer
Date: October 25, 1994<PAGE>
