File No. 70-8541
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
POST-EFFECTIVE AMENDMENT NO. 8 TO
FORM U-1
APPLICATION OR DECLARATION
under
the
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
____________________________________________
National Fuel Gas Company National Fuel Gas
10 Lafayette Square Distribution Corporation
Buffalo, New York 14203 10 Lafayette Square
Buffalo, New York 14203
Seneca Resources Corporation National Fuel Gas Supply
10 Lafayette Square Corporation
Buffalo, New York 14203 10 Lafayette Square
Buffalo, New York 14203
National Fuel Resources, Inc. Utility Constructors, Inc.
10 Lafayette Square 10 Lafayette Square
Buffalo, New York 14203 Buffalo, New York 14203
Horizon Energy Development, Inc.
10 Lafayette Square
Buffalo, New York 14203
(Names of companies filing this statement
and addresses of principal executive offices)
_____________________________________________
NATIONAL FUEL GAS COMPANY
(Name of top registered holding company)
_____________________________________________
Philip C. Ackerman Robert J. Reger, Jr., Esq.
Senior Vice President Reid & Priest LLP
National Fuel Gas Company 40 West 57th Street
10 Lafayette Square New York, New York 10019
Buffalo, New York 14203
(Names and addresses of agents for service)
<PAGE>
Item 1. Description of the Proposed Transactions.
Paragraph 15 of Item 1 is revised in its entirety to
read as follows:
"The proceeds from the sale of such notes may be used
by Distribution, Supply, Seneca, NFR, Utility Constructors and
Horizon (i) to reduce their respective outstanding short-term
borrowings under the lines of credit described more fully in the
Application or Declaration, as amended, filed with the Commission
(File No. 70-8729) and the Commission's related orders and any
successor Application or Declaration and Commission Order, (ii)
to repay notes payable to National which relate to outstanding
debentures or medium-term notes of National that have been
redeemed or tendered for or matured and, to the extent such
debentures or medium-term notes are redeemed or tendered for by
National, any premium to the extent that National and such
subsidiaries incur a premium in refinancing, plus unrecovered
debt discount and expense on the outstanding issue tendered for
or redeemed, (iii) for their construction or other capital
expenditure programs, (iv) for Project Activities of Horizon as
described in File No. 70-8649 and authorized in HCAR 35-26364
(August 29, 1995), and/or (v) for general corporate purposes in
connection with existing businesses. (Please refer to Item 6
Exhibit (B) S-10 "Projected Statement of Cash Flows by Subsidiary
for Calendar Years 1995, 1996 and 1997" for an analysis of the
projected borrowing needs of each National subsidiary joining in
this Application or Declaration.)"
The following paragraph is hereby added to Item 1:
"At the time of each issuance and sale of New
Debentures or New MTNs National will comply with Rule 53(a) and
53(b)."
SIGNATURES
Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned companies have duly
caused this post-effective amendment to be signed on their behalf
by the undersigned thereunto duly authorized.
NATIONAL FUEL GAS COMPANY
By /s/ Gerald T. Wehrlin
-----------------------
Gerald T. Wehrlin
Controller
NATIONAL FUEL GAS
DISTRIBUTION CORPORATION
By /s/ Gerald T. Wehrlin
------------------------
Gerald T. Wehrlin
Senior Vice President,
Controller
SENECA RESOURCES CORPORATION
By /s/ Gerald T. Wehrlin
-----------------------
Gerald T. Wehrlin
Controller
NATIONAL FUEL GAS SUPPLY
CORPORATION
By /s/ Joseph P. Pawlowski
------------------------
Joseph P. Pawlowski
Treasurer
NATIONAL FUEL RESOURCES, INC.
By /s/ Robert J. Kreppel
-----------------------
Robert J. Kreppel
President
UTILITY CONSTRUCTORS, INC.
By /s/ Joseph P. Pawlowski
-----------------------
Joseph P. Pawlowski
Treasurer
HORIZON ENERGY DEVELOPMENT, INC.
By /s/ Gerald T. Wehrlin
-----------------------
Gerald T. Wehrlin
Secretary and Treasurer
DATED: June 21, 1996
