TEXAS UTILITIES CO
424B3, 1997-03-19
ELECTRIC SERVICES
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<PAGE>   1
                                                Filed Pursuant to Rule 424(b)(3)
                                                File No. 33-55931


                            TEXAS UTILITIES COMPANY

         AUTOMATIC DIVIDEND REINVESTMENT AND COMMON STOCK PURCHASE PLAN

         In April 1996, Texas Utilities Company (TUC) announced that it had
entered into an agreement to acquire certain businesses of ENSERCH Corporation
(ENSERCH). This transaction will be accomplished through the mergers of TUC and
ENSERCH into subsidiaries of TUC Holding Company, a newly formed Texas
corporation (Mergers). At the effective time of Mergers: (i) TUC Holding
Company will change its name to Texas Utilities Company and assume all of TUC's
obligations under the Automatic Dividend Reinvestment and Common Stock Purchase
Plan (Plan), (ii) TUC will change its name to Texas Energy Industries, Inc.,
(iii) all outstanding shares of TUC's common stock will be converted into
shares of TUC Holding Company common stock on a one-for-one basis, and (iv) all
participants in ENSERCH's Dividend Reinvestment Plan will be enrolled as
Participants in the Plan.

         As a consequence of the foregoing, references to Texas Utilities
Company in the accompanying Prospectus, dated October 7, 1994, made with
respect to events or circumstances occurring or existing prior to the effective
time of the Mergers shall be deemed to be references to TUC. References therein
to Texas Utilities Company made with respect to events or circumstances
occurring or existing after the effective time of the Mergers shall be deemed
to be references to TUC Holding Company. The Plan will otherwise remain
unchanged.

         For additional information concerning the Mergers, Participants should
refer to TUC's Joint Proxy Statement/Prospectus, dated September 23, 1996, and
incorporated herein by reference.

           The date of this Prospectus Supplement is March 10, 1997.



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