File No. 70-7574
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-1
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POST-EFFECTIVE AMENDMENT NO. 10
to
APPLICATION and/or DECLARATION
Under
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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System Fuels, Inc.
639 Loyola Avenue
New Orleans, Louisiana 70113
Arkansas Power & Light Company
425 West Capitol, 40th Floor
Little Rock, Arkansas 72201
Louisiana Power & Light Company
639 Loyola Avenue
New Orleans, Louisiana 70113
Mississippi Power & Light Company
P. O. Box 1640
Jackson, Mississippi 39215-1640
New Orleans Public Service Inc.
639 Loyola Avenue
New Orleans, Louisiana 70113
(Names of companies filing this statement and addresses
of principal executive offices)
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Entergy Corporation
(Name of top registered holding company
parent of each applicant and/or declarant)
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Gerald D. McInvale,
Senior Vice President and Chief Financial Officer
System Fuels, Inc.
639 Loyola Avenue
New Orleans, Louisiana 70113
Gerald D. McInvale,
Senior Vice President and Chief Financial Officer
Arkansas Power & Light Company
425 West Capitol, 40th Floor
Little Rock, Arkansas 72201
Gerald D. McInvale,
Senior Vice President and Chief Financial Officer
Louisiana Power & Light Company
639 Loyola Avenue
New Orleans, Louisiana 70113
Gerald D. McInvale,
Senior Vice President and Chief Financial Officer
Mississippi Power & Light Company
P. O. Box 1640
Jackson, Mississippi 39215-1640
Gerald D. McInvale,
Senior Vice President and Chief Financial Officer
New Orleans Public Service Inc.
639 Loyola Avenue
New Orleans, Louisiana 70113
(Names and addresses of agents for service)
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The Commission is also requested to send copies of any
communications in connection with this matter to:
Laurence M. Hamric, Esq. Thomas J. Igoe, Jr., Esq.
Denise C. Redmann, Esq. Reid & Priest, LLP
639 Loyola Avenue 40 West 57th Street
26th Floor New York, New York 10019
New Orleans, Louisiana 70113
<PAGE>
ITEM 1. DESCRIPTION OF PROPOSED TRANSACTIONS
1. Item 1 of the Application-Declaration on Form U-1, as
heretofore amended in this proceeding, is hereby further amended
and supplemented by the deletion of the final four paragraphs
thereof and the addition of the following at the end thereof:
"With respect to compliance with Rule 53 under the Act,
Entergy currently meets, and would continue to meet after giving
effect to the transactions proposed herein, all of the "safe
harbor" conditions under such rule. Entergy's "aggregate
investment" in EWGs and FUCOs is approximately $175.7 million,
representing approximately 7.5% of the Entergy System's
consolidated retained earnings as of September 30, 1994.
Furthermore, Entergy has complied with and will continue to
comply with the record keeping requirements of Rule 53 (a) (2)
concerning affiliated EWGs and FUCOs. In addition, as required
by Rule 53 (a) (3), no more than 2% of the employees of the
Entergy System's domestic public utility subsidiary companies
would render services to affiliated EWGs and FUCOs. Finally,
none of the conditions set forth in Rule 53 (b), under which the
provisions of Rule 53 would not be available, have been met."
<PAGE>
SIGNATURES
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935 the undersigned companies have duly caused
this amendment to be signed on their behalf by the undersigned
thereunto duly authorized.
SYSTEM FUELS, INC.
ARKANSAS POWER & LIGHT COMPANY
MISSISSIPPI POWER & LIGHT COMPANY
LOUISIANA POWER & LIGHT COMPANY
NEW ORLEANS PUBLIC SERVICE INC.
By: /s/ Gerald D. McInvale
Gerald D. McInvale
Senior Vice-President and
Chief Financial Officer
Date: February 13, 1995
