<PAGE> File No. 70-6458
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________
Post-Effective Amendment No. 20
to
FORM U-1
_________________________________
APPLICATION OR DECLARATION
under
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
***
INDIANA MICHIGAN POWER COMPANY
One Summit Square, P.0. Box 60, Fort Wayne, Indiana 46801
(Name of company filing this statement and
address of principal executive offices)
***
AMERICAN ELECTRIC POWER COMPANY, INC.
1 Riverside Plaza, Columbus, Ohio 43215
(Name of top registered holding company
parent of each applicant or declarant)
***
G. P. Maloney, Executive Vice President
American Electric Power Service Corporation
1 Riverside Plaza, Columbus, Ohio 43215
Jeffrey D. Cross, Assistant General Counsel
American Electric Power Service Corporation
1 Riverside Plaza, Columbus, Ohio 43215
(Names and addresses of agents for service)
Indiana Michigan Power Company, formerly Indiana & Michigan
Electric Company ("I&M"), an electric utility subsidiary of
American Electric Power Company, Inc. ("AEP"), a registered holding
company under the Public Utility Holding Company Act of 1935, as
amended, hereby amends its Application or Declaration on Form U-1
in File No. 70-6458, as heretofore amended, by amending and
restating the paragraphs which were added at the end of Item 1 by
Post-Effective Amendment No. 19 as follows:
"Compliance with Rule 54
AEP Resources International, Limited ('AEPRI'), an indirect
subsidiary of AEP, is an exempt wholesale generator ('EWG'), as
defined in Section 32 of the Act. AEP, through its subsidiary, AEP
Resources, Inc., invested $5,000 in AEPRI. This investment
represents less than 1% of $1,331,245,000, the average of the
consolidated retained earnings of AEP reported on Form 10-K or Form
10-Q, as applicable, for the four consecutive quarters ended March
31, 1995.
AEPRI will maintain books and records and make available the
books and records required by Rule 53(a)(2). No more than 2% of
the employees of the operating subsidiaries of AEP will, at any one
time, directly or indirectly, render services to AEPRI. AEP has
submitted and will continue to submit a copy of Item 9 and Exhibits
G and H of AEP's Form U5S to each of the public service commissions
having jurisdiction over the retail rates of AEP's operating
utility subsidiaries. Data was filed under Item 9 and Exhibits G
and H in AEP's Form U5S for the calendar year 1994.
In addition, (i) neither AEP nor any subsidiary of AEP is the
subject of any pending bankruptcy or similar proceeding; (ii) AEP's
average consolidated retained earnings for the four most recent
quarterly periods ($1,331,245,000) represented an increase of
approximately $38,038,000 (or 2.9%) in the average consolidated
retained earnings from the previous four quarterly periods
($1,293,207,000); and (iii) for the year ended December 31, 1994,
there were no losses attributable to AEP's direct or indirect
investments in AEPRI other than $4,000 in start-up costs."
SIGNATURE
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, the undersigned company has duly caused this
Post-Effective Amendment No. 20 to be signed on its behalf by the
undersigned thereunto duly authorized.
INDIANA MICHIGAN POWER COMPANY
By __/s/ G. P. Maloney_________
Vice President
Dated: June 19, 1995
6458pe20.i&m
