Form U-3A3-1
(As adopted December 29, 1950)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-3A3-1
TWELVE-MONTH STATEMENT BY BANK CLAIMING EXEMPTION AS A
HOLDING COMPANY, OR EXEMPTION FROM SECTION 9(a)(2) OF
THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 UNDER RULE 3
OF
THE GENERAL RULES AND REGULATIONS UNDER THE ACT
(Note: No statement on this form need to be filed unless
an answer other than "None" is required under items 1 or
2.)
Statement for 12-month period ending February 29, 1996
Name of Bank State Street Bank and Trust Company
(subsidiary of State Street Boston Corporation)
Address 225 Franklin Street, Boston, MA 02110
Organized in the year 1792 under the laws of
MASSACHUSETTS and subject to regulation or examination
under the laws of Massachusetts
If the statement is submitted by a receiver, conservator,
or liquidating agent, state name and status: N/A
IT IS HEREBY CERTIFIED BY THE UNDERSIGNED THAT ACCORDING
TO THE RECORDS OF THE UNDERSIGNED AND TO THE BEST OF ITS
KNOWLEDGE AND BELIEF:
1. The following tabulation sets forth the total amount
of voting securities of each public-utility company or
holding company which the bank, as of the end of the
12-month period, owned, controlled or held in any one or
more of the following categories:
(i) beneficially; or
(ii) as trustee or in any fiduciary capacity other than
a
customary custodian relationship; or
(iii) as collateral to secure any bond, note or other
evidence of
indebtedness which is in default as to interest or
principal for a period of 90 days or more
or which has been placed by a Federal or State
supervisory agency in classes II,III or IV, or
comparable loan classifications.
Name of Company Total Owned,
and Description Controlled or Nature of
of Securities Total Outstanding Held by Bank Holding
(a) (b) (c) (d)
<F1>
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Instructions to Item 1.
1. Securities representing less than 5% of the
outstanding voting securities of the issuer need not be
reported unless the issuer is a company named in the
answer to item 2 or item 3 of this form.
2. No securities need to be reporting which are owned,
controlled or held under a collateral trust agreement or
mortgage, securing bonds or any similar instruments,
which is not in default as to principal or interest for
a period of 90 days or more, unless such trust agreement
or mortgage gives
the bank the right to vote securities pledged thereunder
prior to default.
3. Only the class of voting securities need be described
which was owned,
controlled or held by the bank. Other securities of the
same issuer need not be described.
4. In column (b) state the total number of shares
outstanding of the class of securities described in
column (a).
5. Under column (d) "Nature of Holdings," indicate by
appropriate symbol upon what basis the bank hold the
security, e.g., "(i)" if beneficially held, "(ii) as
trustee, etc.
2. The following tabulation sets forth all loans which
the bank had outstanding, as of the end of the 12-month
period, to any public-utility company or holding company
not in a registered holding company system, which were in
default or placed by a Federal or State bank supervisory
agency in classes II, III or IV or comparable loan
classification:
Voting Securities ofPublic-Utility
Pledged to Secure Such Loans
Description of Number of Shs
Name of Debtor Co Amt of Loan Security Pledged
(a) (b) (c) (d)
NONE
Instructions to Item 2.
1. In column (a) indicate by a symbol loans which were
in default as to interest or principal for 90 days or
more or which were carried on the books of the bank at
less than principal amount or for which a specific
reserve was carried.
2. Loans extended in conjunction or participation with
others should be so
designated and the proportionate interest of the bank in
the loan and the security pledged there-under should be
indicated.
3. See General Instruction 7. Public disclosure.
3. The following tabulation identifies all
representatives of the bank on the board of directors of
any public-utility or holding agency, and all officers,
employees or directors of the bank who were officers or
directors of any such company, at the end of the 12-month
period:
Name of Name of Official PositionOfficial Pos
Company Individual with Company with Bank
(a) (b) (c) (d)
Boston
Edison Co. Bernard W. Reznicek Director Director
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4. The following tabulation sets forth all loans to any
officer or director of any company listed in the answer
to item 1 or item 2 hereof, in excess of $25,000
principal amount and not fully secured, which the bank
had outstanding as of the end of the 12-month period:
Name of Name of Positionof Borrower Amount of
Company Borrower With Company Loans
(a) (b) (c) (d)
NONE
Instructions to Item 4.
1. The term "fully secured" means secured by readily
marketable securities dealt in on any national securities
exchange or in any recognized over-the-counter market,
equal in value at least to the amount of the loan, or
secured by life insurance policies having a cash
surrender value at least equal to the amount of the loan.
2. Loans extended in conjunction or participation with
others should be so indicated and the proportionate
interest of the bank in the loan indicated.
3. See General Instruction 7.Public disclosure.
5. The following tabulation sets forth all notes or
other evidences of indebtedness in excess of $100,000
aggregate principal amount owing by any company, listed
in the answer to item 1 of this statement, or by any
subsidiary of such company, owned beneficially by the
bank at the end of the 12-month period and not reported
under item 2 of this statement.
Name of Company Amount of Indebtedness Form
of
Indebtedness
(a) (b) (c)
Ohio Edison Co. $22,259,000 Leveraged lease
6. The following tabulation sets forth and
describes all arrangements under which the bank received
fees in excess of $10,000 during the 12-month period from
any of the companies listed in the answers to items 1, 2
or 3 of this statement, or from any subsidiary of any
such company, in the bank's capacity as indenture
trustee, transfer agent, registrar or paying agent in
respect of securities issued or assumed by the company:
Name of Company Amount of Fees Services for Which
Fees Were Paid
(a) (b) (c)
Amoco $21,000 Owner/Trustee
Ohio Edison Company $45,780 Owner/Trustee
Leveraged Lease
Financing
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7. This statement covers all foreign as well as domestic
offices of this bank and its subsidiaries, except as
follows:
28 March 1996
[CORPORATE SEAL] State Street
Bank and Trust Company (subsidiary of
State Street Boston Corp.)
Attest:
(Name of Bank)
By
/s/Theresa Martin /s/Janet Denneen
(Signature of Officer) (Signature of Officer)
Vice President Assistant
Secretary
(Title) (Title)
GENERAL INSTRUCTIONS FOR FORM U-3A3-1
1. Use of form. - A bank is not exempt from any
provision of the Public Utility Holding Company Act of
1935 by virtue of Rule U-3 unless the bank holds on the
last day of February of any year no securities or
evidence of indebtedness of the type and amounts required
to be reported under items 1 or 2 of this form or unless,
holding any such securities or evidences of indebtedness
at such date, it thereafter files a statement on Form
U-3A3-1 to cover the preceding 12-month period.
The entire form should be filed out. If a particular
item is inapplicable or if the answer is "None," so
state.
2. Time of filing. - In order to keep on file with the
Commission an effective statement, the bank should file
a statement on form U-3A3-1, as of the last day of
February in each year, within 30 days thereafter.
3. Number of copies. - Only the original needs to be
filed. If a duplicate is submitted, it will be returned
to the bank stamped to show date of receipt by the
Commission.
4. Meaning of terms. - The terms "public-utility
company," "holding company" and "voting securities" shall
have the meanings set forth in Section 2(a) of the Act.
The term "public-utility company" need not include any
company declared not to be such pursuant to Sections
2(a)(3) or 2(a)(4) of the Act or any company which drives
no material part of its income, directly or indirectly,
from sources within the United States. The term "holding
company" need not include any company declared not to be
such pursuant to Section 2(a)(7) or which is either
exempt as such pursuant to a rule or order under
subsections (3), (4) or (5) of Section 3(a) of the Act or
has pending an application for exemption under any of
such subsections. The terms "officer" and "director"
have the meanings set forth in Rule U-70(c).
Securities owned, controlled, or held by branches of
the bank, including domestic and foreign branches,
offices, and subsidiaries, shall be considered as owned,
controlled, or held by the bank. Securities owned,
controlled, or held by a foreign branch or office of the
bank or of a subsidiary of the bank (in the regular
course of business of such branch, office or subsidiary)
need not be included provided the principal amount or par
or stated value of the securities of any one company so
owned, controlled, or held by any such branch or office
does not exceed $10,000. Securities issued by
subsidiaries of holding companies are owned, controlled,
or held by the bank.
5. Limitation on responsibility of bank. - The filing of
a statement on this form shall be deemed a representation
by the bank that it has made reasonable efforts to
ascertain whether companies whose voting securities it
owned, controlled, or held are public-utility companies
or holding companies as defined in the Act, but the bank
shall not be responsible for failure in good faith to
include in the statement data as to its holdings in any
company whose name or general reputation does not
indicate a probability that it is such a company.
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A statement shall not be invalid because of any
inaccuracy which is not wilful, provided the inaccuracy
is corrected when brought to the attention of the bank.
The inclusion of any security in the statement shall
not (unless otherwise expressly stated therein) be deemed
an admission that the bank does in fact own, control, or
hold the power to vote such security within the meaning
of Section 2(a)(7)(A) of the Act. The inclusion of the
securities of any company shall not be deemed an
expression of any option by the bank that such company is
in fact subject to the provisions of the Act.
6. Foreign branches. - Where the bank cannot
conveniently include in this statement information as to
one or more foreign branches, the bank shall indicate
this omission in answer to item 7 of the statement, and
as early as possible, shall file a second statement on
this form with respect to such branches. To the extent
that it may not be feasible to supply information
concerning any foreign branch the bank may request
written instructions to modify certain items of the form
in so far as they concern such branch or to furnish such
information as of a different date.
7. Public disclosure. - The bank may object, pursuant to
the provisions of Rule U-104, to public disclosure of any
information contained in this statements on this form.
If any such objection concerning a customer's loan or
credit is made on behalf of the customer's loan or credit
is made on behalf of the customer as well as the
reporting bank, no disclosure thereof will be made
without notice both to the bank and such customer.
8. Reliance on statistical manuals. - A bank shall be
entitled to rely on any standard manual of financial data
to determine the total number of shares of any class of
outstanding voting securities, the voting rights of any
securities, the assets of any company and the names of
the directors of any company.
<F1>
Name of Company Total Owned,
and Description Controlled or Nature of
of Securities Total Outstanding Held by Bank Holding
(a) (b) (c) (d)
Amoco Corporation
(Amoco Gas Co.) 496,769,331 35,640,573 shs AsTrustee
Common Stock
Bethlehem Steel Corp.
(The Manufacturers
Water Co.) 113,279,476 6,523,363.350 shs AsTrustee
Common Stock
Central Louisiana
Electric Co.,Inc. 23,829,869 1,487,193.515 shs AsTrustee
Conv Pfd Stock (common) (common)
Ohio Edison Co. 152,569,437 14,289,282.924 shs AsTrustee
Common Stock
Stanley Works
(Farmington RiverCo.) 44,379,000 10,981,731 shs AsTrustee
Common Stock
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