File No. 70-9315
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1 TO
FORM U-1
APPLICATION - DECLARATION
under the
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
***
INDIANA MICHIGAN POWER COMPANY
One Summit Square, P. O. Box 60, Fort Wayne, Indiana 46801
(Names of companies filing this statement and
addresses 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)
***
A. A. Pena, Treasurer
AMERICAN ELECTRIC POWER SERVICE CORPORATION
1 Riverside Plaza, Columbus, Ohio 43215
John F. Di Lorenzo, Jr., Associate General Counsel
AMERICAN ELECTRIC POWER SERVICE CORPORATION
1 Riverside Plaza, Columbus, Ohio 43215
(Names and addresses of agents for service)
Indiana Michigan Power Company ("I&M"), a subsidiary
company of American Electric Power Company, Inc. ("AEP"), a
registered holding company under the Public Utility Holding Company
Act of 1935 (the "Act"), proposes to amend its Declaration-
Application on Form U-1 in this file as follows:
(a) The second paragraph in ITEM 1. DESCRIPTION OF
PROPOSED TRANSACTION is hereby amended by adding a new sentence
after the second sentence in that paragraph which reads as follows:
IDI may, upon written notice to Lender at least thirty
(30) days prior to the end of each 90-day period during
the term of the loans, elect to convert the interest rate
on all, but not less than all, of the Loans to a fixed
percentage equal to 175 basis points over the average of
one, three and five year U. S. Treasuries as published in
the Wall Street journal on the date of such notice (the
"Fixed Rate").
(2) ITEM 3. APPLICABLE STATUTORY PROVISIONS is hereby
amended by restating said Item in its entirety as follows:
The guaranty of any loan payments and the acquisition of
promissory notes by I&M is subject to Sections 6(a), 6(b), 7, 9(a)
and 10 and Rules 45 and 52 under the Act. No other aspects of the
proposed transactions are subject to the Act.
SIGNATURES
Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned have duly caused this
amendment to be signed on its behalf by the undersigned thereunto
duly authorized.
INDIANA MICHIGAN POWER COMPANY
By: /s/ Henry W. Fayne
Vice President
Dated: June 25, 1998
