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File No. 70-8783
SECURITIES AND EXCHANGE COMMISSION
450 Fifth Street, N. W.
Washington, DC 20549
POST-EFFECTIVE AMENDMENT NO. 3
TO
FORM U-1
APPLICATION/DECLARATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
NEW ENGLAND ELECTRIC SYSTEM
and
NEW ENGLAND ELECTRIC RESOURCES, INC.
(Name of companies filing this statement)
25 Research Drive, Westborough, Massachusetts 01582
(Address of principal executive offices)
NEW ENGLAND ELECTRIC SYSTEM
(Name of top registered holding company parent
of the participating companies herein)
Michael E. Jesanis Robert King Wulff
Treasurer Corporation Counsel
25 Research Drive 25 Research Drive
Westborough, MA 01582 Westborough, MA 01582
(Names and addresses of agents for service)
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The last paragraph of Item 1 (as previously amended) is hereby amended in its
entirety to read as follows:
"Neither NEES nor any subsidiary currently has an ownership interest in
an exempt wholesale generator (EWG) as defined in Section 32 of the Act or a
foreign utility company (FUCO) as defined in Section 33 of the Act.
Additionally, neither NEES nor any subsidiary is a party to, or has any rights
under, a service, sales, or construction agreement with an EWG or FUCO. NEES
and its subsidiaries shall comply with the requirements of Rule 53 of the Act in
connection with EWG and FUCO acquisitions and financings and with all other
requirements and conditions in the Original Statement as amended hereby and the
Order. In the event that the Total Authority (as increased as requested in this
filing and including guarantees) is invested in connection with EWGs and FUCOs,
NEES and NEERI shall be in compliance with the provisions of Rule 53 under the
Act."
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SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of
1935, the undersigned companies have duly caused this Post-Effective Amendment
No. 3 to Form U-1 Application/Declaration (Commission's File No. 70-8783) to be
signed on their behalf, as indicated, by the undersigned officers thereunto
duly authorized by such companies.
NEW ENGLAND ELECTRIC SYSTEM
s/Michael E. Jesanis
By
Michael E. Jesanis
Treasurer
NEW ENGLAND ELECTRIC RESOURCES, INC.
s/John G. Cochrane
By
John G. Cochrane
Treasurer
Date: June 9, 1997
The name "New England Electric System" means the trustee or trustees for the
time being (as trustee or trustees but not personally) under an agreement and
declaration of trust dated January 2, 1926, as amended, which is hereby
referred to, and a copy of which as amended has been filed with the Secretary of
the Commonwealth of Massachusetts. Any agreement, obligation or liability
made, entered into or incurred by or on behalf of New England Electric System
binds only its trust estate, and no shareholder, director, trustee, officer or
agent thereof assumes or shall be held to any liability therefore.
