Effective August 1, 1938
Revised December 31, 1941
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON
Form U-12(1)-B (Annual Statement)
Calendar Year 1993
STATEMENT PURSUANT TO SECTION 12(i) OF PUBLIC UTILITY HOLDING COMPANY ACT OF
1935 BY A PERSON REGULARLY EMPLOYED OR RETAINED BY A REGISTERED HOLDING
COMPANY OR A SUBSIDIARY THEREOF AND WHOSE EMPLOYMENT CONTEMPLATES ONLY
ROUTINE EXPENSES AS SPECIFIED IN RULE U-71(b).
1. Name and Business address of person filing statement.
Basil G. Pallone
100 Foot of John Street
Lowell, MA 01852
2. Names and business addresses of any persons through whom the undersigned
proposes to act in matters included within the exemption provided by
paragraph (b) of Rule U-71.
None
3. Registered holding companies and subsidiary companies by which the
undersigned is regularly employed or retained.
Blackstone Valley Electric Company Eastern Utilities Associates
Eastern Edison Company Montaup Electric Company
EUA Service Corporation EUA Ocean State Corporation
EUA Cogenex Corporation EUA Energy Investment Corporation
Eastern Unicord Corporation Newport Electric Corporation
4. Position or relationship in which the undersigned is employed or retained
by each of the companies named in item 3, and brief description of nature
of services to be rendered in each such position or relationship.
1/1/93-6/30/93
Assistant Treasurer EUA Service Corporation, EUA Energy Investment
Corporation and Eastern Unicord Corporation.
Assistant Treasurer and Assistant Secretary of Eastern Utilities
Associates, Blackstone Valley Electric Company, EUA Ocean State
Corporation and Newport Electric Corporation.
7/1/93-12/31/93
Assistant Treasurer and Assistant Clerk of Eastern Edison Company, Montaup
Electric Company and EUA Cogenex Corporation.
Vice President EUA Cogenex Corporation.
5. (a) Compensation received during the prior year and to be received during
the calendar year by the undersigned or others, directly or indirectly,
for services rendered by the undersigned, from each of the companies
designated in item 3. (Use column (a) as supplementary statement only).
<TABLE>
<CAPTION>
______________________________________________________________________________
! Salary or other compensations ! Person or company
!_________________________________! from whom received
Name of recipient ! Received during ! to be received! or to be received
! prior year (a)! (b) !
<S>___________________!_<C>_____________!_______________!_<C>_________________
Basil G. Pallone ! $68,372.57 ! !EUA Service Corp.
! $47,617.42 ! !EUA Cogenex Corp.
______________________!_________________!_______________!_____________________
</TABLE>
(b) Basis for compensation if other than salary.
6. (To be answered in supplementary statement only. See instructions.)
Expenses incurred by the undersigned or any person named in Item 2,
above, during the calendar year in connection with the activities
described in Item 4, above, and the source or sources of reimbursement
for same.
(a) Total amount of routine expenses charged to client:
$ None
_______________
(b) Itemized list of all other expenses:
Date February 15, 1994 (Signed) /s/ Basil G. Pallone
-------------------------------------- -------------------------
Basil G. Pallone
U12BGP
