Filings Under the Public Utility Holding Company Act of 1935, as Amended (``Act'')

Federal RegisterJul 31, 1997

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 35-26745]

Filings Under the Public Utility Holding Company Act of 1935, as

Amended (``Act'')

July 25, 1997.

Notice is hereby given that the following filing(s) has/have been

made with the Commission pursuant to provisions of the Act and rules

promulgated thereunder. All interested persons are referred to the

application(s) and/or declaration(s) for complete statements of the

proposed transaction(s) summarized below. The application(s) and/or

declaration(s) and any amendments thereto is/are available for public

inspection through the Commission's Office of Public Reference.

Interested persons wishing to comment or request a hearing on the

application(s) and/or declaration(s) should submit their views in

writing by August 18, 1997, to the Secretary, Securities and Exchange

Commission, Washington, DC 20549, and serve a copy on the relevant

applicant(s) and/or declarant(s) at the address(es) specified below.

Proof of service (by affidavit or, in case of an attorney at law, by

certificate) should be filed with the request. Any request for hearing

shall identify specifically the issues of fact or law that are

disputed. A person who so requests will be notified of any hearing, if

ordered, and will receive a copy of any notice of order issued in the

matter. After said date, the application(s) and/or declaration(s), as

filed or as amended, may be granted and/or permitted to become

effective.

Central Power and Light Company, et al. (70-9075)

Central Power and Light Company, 539 North Carancahua Street,

Corpus Christi, Texas 78401-2802, Public Service Company of Oklahoma,

212 East Sixth Street, Tulsa, Oklahoma 74119-1212, Southwestern

Electric Power Company, 428 Travis Street, Shreveport, Louisiana 71156-

0001, and West Texas Utilities Company, 301 Cypress Street, Abilene,

Texas 79601-5820, each an electric public-utility subsidiary company

(collectively, ``Operating Companies'') of Central and South West

Corporation (``CSW''), a registered holding company, and Central and

South West Services, Inc. (``CSW Services''), Williams Tower 2, 2 West

2nd Street, Tulsa, Oklahoma 74103, a service company subsidiary of CSW,

have filed an application under sections 9(a) and 10 of the Act and

rule 54 under the Act.

The Operating Companies, directly or through CSW Services, propose

to enter into arrangements with one or more providers (``Plan

Providers'') of warranty plans (``Plans'') for the servicing and repair

of appliances and offer the Plans to their customers. Applicants

propose to offer Plans for kitchen and laundry appliances, heating,

ventilation and air conditioning systems, personal computer systems and

home entertainment video and audio systems.

The Plans would be offered to customers of the Operating Company

using marketing materials either designed or approved by the Operating

Companies and mailed to customers using the billing and mailing systems

of the Operating Companies. The Plans would be legal obligations of the

Plan Providers, underwritten by such insurance arrangements as the

Operating Companies might require. The Plan Providers would be

responsible for responding to customers' calls for service and for

making arrangements with adequately licensed and insured service

contractors to perform the services covered by the Plans. In certain

cases, the Operating Companies might qualify as service contractors

under the Plans.

The Operating Companies would bill enrolled customers for monthly

Plan fees and remit the fees to the Plan Providers. Either the Plan

Providers would pay a service and administration fee to the Operating

Companies, or the Operating Companies would retain such a fee out of

the monthly Plan fees. The Operating Companies would have no

responsibility for ensuring payment of the monthly fees.

For the Commission, by the Division of Investment Management,

pursuant to delegated authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 97-20169 Filed 7-30-97; 8:45 am]

BILLING CODE 8010-01-M

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