File No. 70-8753
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 3
to
Form U-1
APPLICATION OR DECLARATION
under
The Public Utility Holding Company Act of 1935
SAVANNAH ELECTRIC AND POWER COMPANY
600 East Bay Street
Savannah, Georgia 31401
(Name of company or companies filing this statement
and addresses of principal executive offices)
THE SOUTHERN COMPANY
(Name of top registered holding company parent
of each applicant or declarant)
Kirby R. Willis
Vice President, Treasurer and Chief Financial Officer
Savannah Electric and Power Company
600 East Bay Street
Savannah, Georgia 31401
(Name and address of agent for service)
The Commission is requested to mail signed
copies of all orders, notices and
communications to:
W. L. Westbrook, Financial Vice President
The Southern Company
270 Peachtree Street
Atlanta, Georgia 30303
E. Pomeroy Williams, Esq. John D. McLanahan, Esq.
Bouhan, Williams & Levy LLP Troutman Sanders LLP
447 Bull Street 600 Peachtree Street, N.E.
Savannah, Georgia 31401 Suite 5200
Atlanta, Georgia 30308-2216
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Item 6. Exhibits and Financial Statements.
(a) Exhibits
F -- Opinion of Bouhan, Williams & Levy LLP.
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, the undersigned company has duly caused this amendment to be signed on
its behalf by the undersigned thereunto duly authorized.
Dated: March 25, 1996 SAVANNAH ELECTRIC AND POWER COMPANY
By: /s/Wayne Boston
Wayne Boston
Assistant Secretary and
Assistant Treasurer
Exhibit F
Bouhan, Williams & Levy LLP
The Armstrong House
Bull & Gaston Streets
Savannah, Georgia 31498
912/236-2491
March 25, 1996
Securities and Exchange Commission
Washington, DC 20549
Re: Statement on Form U-1 of
Savannah Electric and Power Company
File No. 70-8753
Gentlemen:
We are general counsel to Savannah Electric and Power Company ("Savannah")
and are familiar with the statement on Form U-1 referred to above. We are
furnishing this opinion with respect to the proposed transactions by Savannah in
connection with the issuance and sale by the Savannah Economic Development
Authority of its industrial development revenue bonds (the "Revenue Bonds"), all
as described in such statement on Form U-1.
We have examined such documents and records as we have deemed necessary to
express the opinions hereinafter set forth and hereby advise you that in our
opinion, Savannah is duly organized and validly existing as a corporation under
the laws of the State of Georgia and that upon the issuance of your order herein
and in the event that the proposed transactions by Savannah are consummated in
accordance with such statement on Form U-1 and such order:
(a) all State laws applicable to such proposed transactions by Savannah will
have been complied with;
(b) Savannah's obligations with respect to the Revenue Bonds will be valid and
binding obligations of Savannah in accordance with their terms; and
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(c) the consummation of such proposed transactions by Savannah will not violate
the legal rights of the holders of any securities issued by Savannah or any
associate company thereof.
We hereby consent to the use of this opinion in connection with the
above-mentioned statement on Form U-1.
Very truly yours,
/s/Bouhan, Williams & Levy LLP