File No. 70-9335
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1
to
FORM U-1
APPLICATION OR DECLARATION
under
The Public Utility Holding Company Act of 1935
THE SOUTHERN COMPANY
270 Peachtree Street, N.W.
Atlanta, Georgia 30303
(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)
Tommy Chisholm, Secretary
The Southern Company
270 Peachtree Street, N.W.
Atlanta, Georgia 30303
(Names and addresses of agents for service)
The Commission is requested to mail signed copies of all orders,
notices and communications to:
W. L. Westbrook John D. McLanahan, Esq.
Financial Vice President Troutman Sanders LLP
The Southern Company 600 Peachtree Street, N.E.
270 Peachtree Street, N.W. Suite 5200
Atlanta, Georgia 30303 Atlanta, Georgia 30308-2216
<PAGE>
The Southern Company, a Delaware corporation and a holding company
registered under the Public Utility Holding Company Act of 1935, as amended,
hereby amends its Application or Declaration on Form U-1 in File No. 70-9335 by
amending and restating Section 1.13 (Use of Proceeds) of Item 1. (Description of
Proposed Transactions) in its entirety as follows:
"It is proposed that the proceeds of the Preferred Securities, Debt
Securities, Preferred Stock, Stock Purchase Contracts and Stock Purchase Units
may be utilized to pay dividends to Southern to the extent permitted under the
Act and/or applicable state law, to acquire the securities of associate
companies in transactions that are exempt from Section 9(a)(1) of the Act
pursuant to Rule 52(d), to make capital contributions or open account advances
to subsidiaries in transactions that are exempt from Section 12(b) of the Act
pursuant to Rule 45(b)(4), to acquire the securities of one or more "exempt
wholesale generators" ("EWGs"), "foreign utility companies" ("FUCOs") or "exempt
telecommunications companies" in transactions that are exempt from the
application requirements of the Act pursuant to Section 32(g), Section 33(c) or
Section 34(d) of the Act, as applicable, and/or as authorized pursuant to orders
of the Commission issued in separate proceedings or as permitted under other
rules of general applicability (including general corporate purposes such as
repayment of indebtedness)."
<PAGE>
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 hereunto duly authorized.
Dated: October 16, 1998 THE SOUTHERN COMPANY
By: /s/Tommy Chisholm
Tommy Chisholm
Secretary
