CSW LEASING INC
35-CERT, 1999-08-23
Previous: STRATEGIA CORP, 8-K, 1999-08-23
Next: PIONEER INTERMEDIATE TAX FREE FUND, 40-8F-M, 1999-08-23




                                  UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549




Public Utility Holding Company Act of 1935
File No. 70-6790
Report for Period: January 1, 1999 to June 30, 1999


In the Matter of:

CSW LEASING, INC.
CENTRAL AND SOUTH WEST CORPORATION


    This report is filed under Rule 24 of the Public Utility Holding Company Act
of 1935 by CSW Leasing,  Inc.  (CSW  Leasing) a subsidiary  of Central and South
West  Corporation   (CSW)   authorized  to  participate  in  leveraged   leasing
transactions.  Under HCAR 23578 dated  January 22, 1985, it is required that CSW
Leasing  file  semiannual  reports  providing:  1) the  amount of rental  income
received during the reporting period;  2) a general  description of the types of
property under the leveraged  lease;  and 3) the amount of equity  contributions
made by CSW to CSW Leasing during the reporting period.


1) The amount of rental income received during the reporting period.

    During the period  January 1, 1999  through  June 30,  1999,  $6,949,290  of
rental income was received by trustees from leveraged  leases for the benefit of
CSW Leasing.

2) A general description of the types of property under the leveraged lease.

    On April 16, 1999,  the  Crowley  Maritime  container  ship was sold and the
lease agreement was terminated.  As a result, on June 30, 1999,  CSW Leasing had
five leveraged leases remaining on various commercial aircraft.

3) The  amount of equity  contributions  made by CSW to CSW  Leasing  during the
   reporting period.

    None.
<PAGE>


                                S I G N A T U R E


     As requested  by order of this  Commission  pursuant to the Public  Utility
Holding Company Act of 1935, CSW Leasing, Inc. has duly caused this report to be
signed on its behalf on this 23rd day of August 1999.



                                            CSW LEASING, Inc.


                                            /s/  Lawrence B. Connors
                                                 Lawrence B. Connors
                                                 Controller



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