GEORGIA POWER CO
U-1/A, 1995-03-08
ELECTRIC SERVICES
Previous: FIRST FRANKLIN FINANCIAL CORP, 424B2, 1995-03-08
Next: HADSON CORP, PREM14C, 1995-03-08










                                                       File No. 70-8193




                          SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.  20549

                                  Amendment No. 5 to
                                       Form U-1

                              APPLICATION OR DECLARATION

                                         under

                    The Public Utility Holding Company Act of 1935


                                 GEORGIA POWER COMPANY
                               333 Piedmont Avenue, N.E.
                                Atlanta, Georgia  30308

                          SAVANNAH ELECTRIC AND POWER COMPANY
                                  600 East Bay Street
                                Savannah, Georgia 31402

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


                                 THE SOUTHERN COMPANY


                    (Name of top registered holding company parent
                            of each applicant or declarant)


                 Judy M. Anderson                  Kirby R. Willis
      Vice President and Corporate Secretary  Vice President and Chief
               Georgia Power Company              Financial Officer
             333 Piedmont Avenue, N.E.   Savannah Electric and Power Company
              Atlanta, Georgia 30308             600 East Bay Street
                                               Savannah, Georgia 31402

                      (Names and addresses of agents for service)

               The Commission is requested to mail signed copies of all
          orders, notices and communications to:

                  W. L. Westbrook                John D. McLanahan, Esq.
             Financial Vice President               Troutman Sanders
               The Southern Company           NationsBank Plaza, Suite 5200
             64 Perimeter Center East             600 Peachtree Street
              Atlanta, Georgia  30346            Atlanta, Georgia 30308
<PAGE>








          Item 2.   Fees, Commissions and Expenses.

               The fees and  expenses to  be paid or  incurred, directly  or

          indirectly, in  connection with  the proposed transactions  are as

          follows:


               Form U-1 filing fee  . . . . . . . . . $  2,000
               Legal Fees
                  Troutman Sanders
                  (to be paid by GPC) . . . . . . . .  130,000
                  Bouhan, Williams and Levy
                  (to be paid by Savannah)  . . . . .   10,000
               Miscellaneous  . . . . . . . . . . . .    3,000
                                                      --------
               Total  . . . . . . . . . . . . . . . . $145,000
                                                      ========


          Item 6.   Exhibits and Financial Statements.

               (a)  Exhibits

                    F-1  -    Opinion  of Troutman  Sanders, as  counsel for
                              GPC.

                    F-2  -    Opinion of Bouhan, Williams & Levy, as counsel
                              for Savannah.
<PAGE>






                                       SIGNATURE



               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.



          Dated:  March 8, 1995    GEORGIA POWER COMPANY




                                        By:   /s/Wayne Boston
                                                 Wayne Boston
                                             Assistant Secretary




                                        SAVANNAH ELECTRIC AND POWER COMPANY




                                        By:   /s/Wayne Boston
                                                 Wayne Boston
                                             Assistant Secretary



















                                          -2-
<PAGE>









                                                            Exhibit F-1

                                   Troutman Sanders
                           600 Peachtree Street, 52nd Floor
                                  Atlanta, Ga  30306
                                     404-885-3000

                                    March 8, 1995



          Securities and Exchange Commission
          Washington, D.C. 20549


               Re:  Georgia Power Company
                    Savannah Electric and Power Company
                    Statement on Form U-1
                    File No. 70-8193                   


          Ladies and Gentlemen:

               We  are familiar with the statement on Form U-1, as amended,
          referred to above and are representing Georgia Power Company (the
          "Company") in connection with the proposed transactions described
          therein.

               We  are of  the  opinion  that  the  Company  is  a  validly
          organized and  duly existing  corporation under  the laws  of the
          State of  Georgia and that,  upon the  issuance of your  order or
          orders herein,  and in the  event that the  proposed transactions
          are consummated in accordance with such statement on Form U-1 and
          such order or orders:

                    (a)  all   state  laws   applicable  to   the  proposed
               transactions by the Company will have been complied with;

                    (b)  the   obligations  of  the   Company  incurred  in
               connection with such proposed transactions will be valid and
               binding obligations of the Company; and

                    (c)  the consummation of  the proposed transactions  by
               the Company will not violate the legal rights of the holders
               of  any securities issued  by the  Company or  any associate
               company thereof.
<PAGE>






          Securities and Exchange Commission
          March 8, 1995
          Page 2



               We hereby consent to  the use of this opinion  in connection
          with the filing of such statement on Form U-1.

                                        Very truly yours,

                                        /s/Troutman Sanders

                                        Troutman Sanders
<PAGE>









                                                            Exhibit F-2

                               Bouhan, Williams & Levy
                                  Savannah, Georgia
                                     912-236-2491


                                    March 8, 1995



          Securities and Exchange Commission
          Washington, D.C. 20549


               Re:  Georgia Power Company
                    Savannah Electric and Power Company
                    Statement on Form U-1
                    File No. 70-8193                   


          Ladies and Gentlemen:

               We  are familiar with the statement on Form U-1, as amended,
          referred  to above  and  are representing  Savannah Electric  and
          Power  Company (the  "Company") in  connection with  the proposed
          transactions described therein.

               We  are of  the  opinion  that  the  Company  is  a  validly
          organized and  duly existing  corporation under  the laws  of the
          State of  Georgia and that,  upon the  issuance of your  order or
          orders herein,  and in the  event that the  proposed transactions
          are consummated in accordance with such statement on Form U-1 and
          such order or orders:

                    (a)  all   state  laws   applicable  to   the  proposed
               transactions by the Company will have been complied with;

                    (b)  the   obligations  of  the   Company  incurred  in
               connection with such proposed transactions will be valid and
               binding obligations of the Company; and

                    (c)  the consummation of  the proposed transactions  by
               the Company will not violate the legal rights of the holders
               of  any securities issued  by the  Company or  any associate
               company thereof.
<PAGE>






          Securities and Exchange Commission
          March 8, 1995
          Page 2



               We hereby consent to  the use of this opinion  in connection
          with the filing of such statement on Form U-1.

                                        Very truly yours,

                                        /s/Bouhan, Williams & Levy

                                        Bouhan, Williams & Levy
<PAGE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission