Post-Effective Amendment No. 4 to
SEC File No. 70-7670
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM U-1
DECLARATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 ("Act")
GPU, Inc. ("GPU")
300 Madison Avenue
Morristown, New Jersey 07960
(Name of company filing this statement and address
of principal executive offices)
GPU, Inc.
(Name of top registered holding company parent of Declarant)
T. G. Howson, Douglas E. Davidson, Esq.
Vice President and Treasurer Thelen Reid & Priest LLP
M. J. Connolly, 40 West 57th Street
Vice President - Law New York, New York 10019
S. L. Guibord, Secretary
GPU Service, Inc.
300 Madison Avenue
Morristown, New Jersey 07960
W. Edwin Ogden, Esq.
Ryan, Russell, Ogden & Seltzer LLP
1100 Berkshire Boulevard, Suite 301
Reading, Pennsylvania 19610-1221
(Names and addresses of agents for service)
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GPU hereby post-effectively amends its declaration on Form U-1, docketed
in SEC File No. 70-7670, as heretofore amended, as follows:
A. By amending the fifth paragraph from the end of Section G in Item
1 of Post-Effective Amendment No. 3 in SEC file No. 70-7670 to read as
follows:
The November 5 Order was predicated, in part, upon the assessment of GPU's
overall financial condition which took into account, among other factors, GPU's
consolidated capitalization ratio and the recent growth trend in GPU's retained
earnings. As of June 30, 1997, the most recent quarterly period for which
financial statement information was evaluated in the November 5 Order, GPU's
consolidated capitalization consisted of 42.5% common equity and 50.8% debt. As
stated in the application that formed the basis for the November 5 Order, GPU's
June 30, 1997 pro forma capitalization, reflecting the November 6, 1997
acquisition of PowerNet Victoria, was 33.5% equity and 60.7% debt.
B. Item 2 is hereby amended to read in its entirety as follows:
Item 2. Fees, Commissions and Expenses
------------------------------
The estimated fees, commissions and expenses Applicants expect to
incur in connection with the proposed transactions are as follows:
Legal Fees
Thelen Reid & Priest LLP $5,000
Ryan, Russell, Ogden & Seltzer LLP 500
Miscellaneous 500
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Total $6,000
C. The following exhibits are filed in Item 6.
(a) Exhibits:
F-1(a) - Opinion of Thelen Reid & Priest LLP
F-2(a) - Opinion of Ryan, Russell, Ogden & Seltzer LLP
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<PAGE>
SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF
1935, THE UNDERSIGNED COMPANY HAS DULY CAUSED THIS STATEMENT TO BE SIGNED ON ITS
BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED.
GPU, INC.
By: /s/ T. G. Howson
-------------------
T. G. Howson,
Vice President and Treasurer
Date: December 11, 2000
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