Self-Regulatory Organizations; Notice of Application of Sunoco, Inc. To Withdraw Its Common Stock, $1.00 par value, From Listing and Registration on the Philadelphia Stock Exchange, Inc. File No. 1-06841, 67204-67205 [E5-6121]

Download as PDF 67204 Federal Register / Vol. 70, No. 213 / Friday, November 4, 2005 / Notices 1934 (‘‘Act’’) 1 and Rule 12d2–2(d) thereunder,2 to withdraw its common stock, $.01 par value (‘‘Security’’), from listing and registration on the Pacific Exchange, Inc. (‘‘PCX’’). The Board of Directors (‘‘Board’’) of the Issuer approved resolutions on June 30, 2005 to withdraw the Security from the PCX. The Issuer stated that the Board determined to withdraw the Security from PCX to reduce the cost and compliance efforts of maintaining the listing because: (i) Approximately 99% of the trading volume in the Security is effected on the New York Stock Exchange, Inc. (‘‘NYSE’’) and only 1% is effected on PCX; and (ii) maintaining the listing on PCX involves cost and compliance efforts that are not warranted in light of the trading volume of the Security on PCX. The Issuer stated in its application that it has complied with the applicable rules of PCX by providing PCX with the required documents governing the withdrawal of securities from listing and registration on PCX. The Issuer’s application relates solely to the withdrawal of the Security from listing on PCX and shall not affect its continued listing on NYSE or its obligation to be registered under Section 12(b) of the Act.3 Any interested person may, on or before November 21, 2005, comment on the facts bearing upon whether the application has been made in accordance with the rules of PCX, and what terms, if any, should be imposed by the Commission for the protection of investors. All comment letters may be submitted by either of the following methods: Electronic Comments • Send an e-mail to rulecomments@sec.gov. Please include the File Number 1–14335 or; Paper Comments • Send paper comments in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–9303. All submissions should refer to File Number 1–14335. This file number should be included on the subject line if e-mail is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s Internet Web site (https://www.sec.gov/rules/delist.shtml). Comments are also available for public U.S.C. 78l(d). CFR 240.12d2–2(d). 3 15 U.S.C. 78l(b). inspection and copying in the Commission’s Public Reference Room. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. The Commission, based on the information submitted to it, will issue an order granting the application after the date mentioned above, unless the Commission determines to order a hearing on the matter. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.4 Jonathan G. Katz, Secretary. [FR Doc. E5–6122 Filed 11–3–05; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION Self-Regulatory Organizations; Notice of Application of Sunoco, Inc. To Withdraw Its Common Stock, $1.00 par value, From Listing and Registration on the Philadelphia Stock Exchange, Inc. File No. 1–06841 October 31, 2005. On October 3, 2005, Sunoco, Inc., a Pennsylvania corporation (‘‘Issuer’’), filed an application with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 12(d) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 12d2–2(d) thereunder,2 to withdraw its common stock, $1.00 par value (‘‘Security’’), from listing and registration on the Philadelphia Stock Exchange, Inc. (‘‘Phlx’’ or ‘‘Exchange’’). The Board of Directors (‘‘Board’’) of the Issuer approved resolutions on September 1, 2005 to withdraw the Security from listing on the Exchange. The Issuer stated that the following reasons factored into the Board’s decision to withdraw the Security from Phlx: (i) The Issuer maintains the principal listing for the Security on the New York Stock Exchange (‘‘NYSE’’); (ii) since the Sarbanes-Oxley Act of 2002, new, more stringent corporate governance rules have been adopted by various exchanges, including NYSE and Phlx; (iii) maintaining multiple listings and compliance with the rules and disclosure requirements of both NYSE and Phlx requires administrative time and internal costs; and (iv) the benefits 1 15 4 17 2 17 Electronic Comments • Send an e-mail to rulecomments@sec.gov. Please include the File Number 1–06841 or; Paper Comments • Send paper comments in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–9303. All submissions should refer to File Number 1–06841. This file number should be included on the subject line if e-mail is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s Internet Web site (https://www.sec.gov/rules/delist.shtml). Comments are also available for public inspection and copying in the Commission’s Public Reference Room. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. The Commission, based on the information submitted to it, will issue an order granting the application after the date mentioned above, unless the Commission determines to order a hearing on the matter. 1 15 VerDate Aug<31>2005 22:35 Nov 03, 2005 CFR 200.30–3(a)(1). U.S.C. 78l(d). 2 17 CFR 240.12d2–2(d). of continued listing on Phlx are outweighed by the administrative burden and internal cost of such listing. The Issuer stated in its application that it has complied with the requirements of Phlx Rule 809 governing an issuer’s voluntary withdrawal of a security from listing and registration by providing the required documents for withdrawal from Phlx. The Issuer’s application relates solely to the withdrawal of the Security from listing on Phlx, and shall not affect its continued listing on NYSE or its obligation to be registered under Section 12(b) of the Act.3 Any interested person may, on or before November 21, 2005, comment on the facts bearing upon whether the application has been made in accordance with the rules of Phlx, and what terms, if any, should be imposed by the Commission for the protection of investors. All comment letters may be submitted by either of the following methods: Jkt 208001 PO 00000 Frm 00070 Fmt 4703 3 15 Sfmt 4703 U.S.C. 781(b). E:\FR\FM\04NON1.SGM 04NON1 Federal Register / Vol. 70, No. 213 / Friday, November 4, 2005 / Notices For the Commission, by the Division of Market Regulation, pursuant to delegated authority.4 Jonathan G. Katz, Secretary. [FR Doc. E5–6121 Filed 11–3–05; 8:45 am] Research & Management Incorporated, or its affiliates. Filing Date: The application was filed on September 29, 2005. Applicant’s Address: 10 South Dearborn St., Suite 1400, Chicago, IL 60603. BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. IC–27137] Notice of Applications for Deregistration under Section 8(f) of the Investment Company Act of 1940 October 28, 2005. The following is a notice of applications for deregistration under section 8(f) of the Investment Company Act of 1940 for the month of October, 2005. A copy of each application may be obtained for a fee at the SEC’s Public Reference Branch (tel. 202–551–5850). An order granting each application will be issued unless the SEC orders a hearing. Interested persons may request a hearing on any application by writing to the SEC’s Secretary at the address below and serving the relevant applicant with a copy of the request, personally or by mail. Hearing requests should be received by the SEC by 5:30 p.m. on November 21, 2005, and should be accompanied by proof of service on the applicant, in the form of an affidavit or, for lawyers, a certificate of service. Hearing requests should state the nature of the writer’s interest, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by writing to the Secretary, U.S. Securities and Exchange Commission, 100 F Street, NE.,Washington, DC 20549– 9303. FOR FURTHER INFORMATION CONTACT: Diane L. Titus at (202) 551–6810, SEC, Division of Investment Management, Office of Investment Company Regulation, 100 F Street, NE., Washington, DC 20549–0504. Security Capital Real Estate Mutual Funds Incorporated [File No. 811–8033] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On February 18, 2005, applicant transferred its assets to JP Morgan U.S. Real Estate Fund, a series of JP Morgan Trust II, based on net asset value. Expenses of $850,000 incurred in connection with the reorganization were paid by applicant’s investment adviser, Security Capital 4 17 CFR 200.30–3(a)(1). VerDate Aug<31>2005 22:35 Nov 03, 2005 Jkt 208001 67205 Management, Inc., the acquiring fund’s investment adviser. Filing Dates: The application was filed on September 1, 2005, and amended on October 6, 2005. Applicant’s Address: 75 Park Plaza, Boston, MA 02116. Valor Investment Fund, Inc. [File No. 811–2850] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On August 25, 2005, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $43,000 incurred in connection with the liquidation will be paid by applicant. Applicant has retained approximately $200,000 in cash to pay expenses associated with its liquidation and dissolution. Any funds remaining after expenses and liabilities are paid will be distributed to shareholders on a pro rata basis. Filing Dates: The application was filed on September 13, 2005, and amended on October 12, 2005. Applicant’s Address: 2290 First National Building, Detroit, MI 48226. Nuveen Massachusetts Dividend Advantage Municipal Fund 2 [File No. 811–21155] Phoenix Strategic Allocation Fund (formerly Phoenix Oakhurst Strategic Allocation Fund, Phoenix Oakhurst Strategic Allocation Fund, Inc., Phoenix Strategic Allocation Fund, Inc. and Phoenix Total Return Fund) [File No. 811–1442] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On April 29, 2005, applicant transferred its assets to Phoenix Balanced Fund, a series of Phoenix Series Fund, based on net asset value. Expenses of $48,597 incurred in connection with the reorganization were paid by Phoenix Investment Partners, Ltd., which is a wholly owned subsidiary of applicant’s and the acquiring fund’s investment adviser. Filing Dates: The application was filed on September 7, 2005, and amended on October 11, 2005. Applicant’s Address: 101 Munson St., Greenfield, MA 01301. Co-operative Bank Investment Fund d/b/a Bank Investment Fund [File No. 811–4421] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On August 29, 2005, applicant transferred its assets to corresponding series of Asset Management Fund, based on net asset value. Expenses of $90,000 incurred in connection with the reorganization were paid by applicant and Shay Assets PO 00000 Frm 00071 Fmt 4703 Sfmt 4703 Nuveen Virginia Dividend Advantage Municipal Fund 3 [File No. 811–21542] Nuveen Connecticut Dividend Advantage Municipal Fund 4 [File No. 811–21543] Nuveen Arizona Dividend Advantage Municipal Fund 4 [File No. 811–21544] Nuveen California Municipal High Income Opportunity Fund [File No. 811–21545] Nuveen North Carolina Dividend Advantage Municipal Fund 4 [File No. 811–21551] Summary: Each applicant, a closedend investment company, seeks an order declaring that it has ceased to be an investment company. Applicants have never made a public offering of their securities and do not propose to make a public offering or engage in business of any kind. Filing Date: The applications were filed on September 21, 2005. Applicants’ Address: 333 West Wacker Dr., Chicago, IL 60606. BACAP Opportunity Strategy, LLC [File No. 811–21063] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On June 29, 2005, applicant made a final liquidating distribution to its shareholders, based on net asset value. Expenses of approximately $195,981 incurred in connection with the liquidation were paid by applicant. Applicant has retained approximately $464,241 in cash to pay outstanding liabilities of that amount. Filing Dates: The application was filed on July 11, 2005, and amended on September 29, 2005. Applicant’s Address: 101 South Tryon St., Charlotte, NC 28255. Fairport Funds [File No. 811–8774] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On August 12, 2005, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $11,766 incurred in connection with the liquidation were paid by applicant and E:\FR\FM\04NON1.SGM 04NON1

Agencies

[Federal Register Volume 70, Number 213 (Friday, November 4, 2005)]
[Notices]
[Pages 67204-67205]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-6121]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION


Self-Regulatory Organizations; Notice of Application of Sunoco, 
Inc. To Withdraw Its Common Stock, $1.00 par value, From Listing and 
Registration on the Philadelphia Stock Exchange, Inc. File No. 1-06841

October 31, 2005.
    On October 3, 2005, Sunoco, Inc., a Pennsylvania corporation 
(``Issuer''), filed an application with the Securities and Exchange 
Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act''),\1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, $1.00 par value 
(``Security''), from listing and registration on the Philadelphia Stock 
Exchange, Inc. (``Phlx'' or ``Exchange'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
---------------------------------------------------------------------------

    The Board of Directors (``Board'') of the Issuer approved 
resolutions on September 1, 2005 to withdraw the Security from listing 
on the Exchange. The Issuer stated that the following reasons factored 
into the Board's decision to withdraw the Security from Phlx: (i) The 
Issuer maintains the principal listing for the Security on the New York 
Stock Exchange (``NYSE''); (ii) since the Sarbanes-Oxley Act of 2002, 
new, more stringent corporate governance rules have been adopted by 
various exchanges, including NYSE and Phlx; (iii) maintaining multiple 
listings and compliance with the rules and disclosure requirements of 
both NYSE and Phlx requires administrative time and internal costs; and 
(iv) the benefits of continued listing on Phlx are outweighed by the 
administrative burden and internal cost of such listing.
    The Issuer stated in its application that it has complied with the 
requirements of Phlx Rule 809 governing an issuer's voluntary 
withdrawal of a security from listing and registration by providing the 
required documents for withdrawal from Phlx. The Issuer's application 
relates solely to the withdrawal of the Security from listing on Phlx, 
and shall not affect its continued listing on NYSE or its obligation to 
be registered under Section 12(b) of the Act.\3\
---------------------------------------------------------------------------

    \3\ 15 U.S.C. 781(b).
---------------------------------------------------------------------------

    Any interested person may, on or before November 21, 2005, comment 
on the facts bearing upon whether the application has been made in 
accordance with the rules of Phlx, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to rule-comments@sec.gov. Please include 
the File Number 1-06841 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-9303.
    All submissions should refer to File Number 1-06841. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (https://www.sec.gov/rules/delist.shtml). 
Comments are also available for public inspection and copying in the 
Commission's Public Reference Room. All comments received will be 
posted without change; we do not edit personal identifying information 
from submissions. You should submit only information that you wish to 
make available publicly.
    The Commission, based on the information submitted to it, will 
issue an order granting the application after the date mentioned above, 
unless the Commission determines to order a hearing on the matter.


[[Page 67205]]


    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\4\
---------------------------------------------------------------------------

    \4\ 17 CFR 200.30-3(a)(1).
---------------------------------------------------------------------------

Jonathan G. Katz,
Secretary.
 [FR Doc. E5-6121 Filed 11-3-05; 8:45 am]
BILLING CODE 8010-01-P
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