-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FqdPSGMoUUzNYygzKEleZ//cHyeLZEhdx5e2LBxezOzy67lKjYlCjAvdbYGCzgYz 9u7Ln07F3fuzBwmLcCZtsQ== 0001144204-09-014100.txt : 20090316 0001144204-09-014100.hdr.sgml : 20090316 20090316114801 ACCESSION NUMBER: 0001144204-09-014100 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090313 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090316 DATE AS OF CHANGE: 20090316 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CORNING NATURAL GAS CORP CENTRAL INDEX KEY: 0000024751 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 160397420 STATE OF INCORPORATION: NY FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00643 FILM NUMBER: 09683021 BUSINESS ADDRESS: STREET 1: 330 W WILLIAM ST STREET 2: P O BOX 58 CITY: CORNING STATE: NY ZIP: 14830 BUSINESS PHONE: 6079363755 MAIL ADDRESS: STREET 1: 330 W WILLIAM STREET STREET 2: P O BOX 58 CITY: CORNING STATE: NY ZIP: 14830 8-K 1 v142980_8k.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report:  March 13, 2009
(Date of earliest event reported)
 
Corning Natural Gas Corporation
(Exact name of registrant as specified in its charter)
 
New York
(State or other jurisdiction
of incorporation)
000-00643
(Commission
File Number)
16-0397420
(I.R.S. Employer
Identification No.)

 
330 West William Street, Corning New York
(Address of principal executive offices)
 
14830
(Zip Code)

(607) 936-3755
(Registrant’s telephone number, including area code)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


Item 8.01
Other Events.

On March 13, 2009, Corning Natural Gas Corporation (the “Company”) issued two press releases announcing that the New Yew York State Public Service Commission (NYSPSC) has lifted the prohibition on the payment of dividends on the Company’s common stock and that the Virgil Town Board has granted the Company a franchise to pipe the town of Virgil, New York with natural gas.  The quarterly dividend will be in the amount of $0.12 per share and will be payable beginning in April 2009 to shareholders of record as of March 31, 2009.  The Town of Virgil is the home of a ski resort/recreation complex.  The Company has a contract to provide gas transportation to the complex.  The press releases are attached as Exhibits 99.1 and 99.2.
 
Item 9.01. 
Financial Statements and Exhibits.

(d)           Exhibits.
 
  99.1 Press release dated March 13, 2009 regarding payment of dividend
     
 
99.2
Press release dated March 13, 2009 regarding franchise for Town of Virgil

2


SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
  Corning Natural Gas Corporation  
       
 
/s/ Firouzeh Sarhangi  
Dated:  March 16, 2009
By Firouzeh Sarhangi, Chief Financial Officer
 

3


EXHIBIT INDEX
 
Exhibit Number Description
   
99.1
Press release dated March 13, 2009 regarding payment of dividend
   
99.2
Press release dated March 13, 2009 regarding franchise for Town of Virgil
 
EX-99.1 2 v142980_ex99-1.htm Unassociated Document
Exhibit 99.1
 
NEWS RELEASE
 
CONTACT:      
Jerry Sleve
Vice President - Administration
Phone:
Fax:
Date:
(607) 936-3758 ext. 223
(607) 936-2844
March 13, 2009
 
FOR IMMEDIATE RELEASE

Corning Natural Gas Dividend Restriction Lifted by Public Service Commission

Corning, N.Y. (Friday, March 13, 2009) – The New York State Public Service Commission (NYSPSC) voted today to lift a restriction on Corning Natural Gas that prohibited the payment of common stock dividends.  “The Company will begin paying dividends in April for holders of record as of March 31, 2009,” stated President, Mike German.  Jerry Sleve, Vice President, added, “We are pleased that the NYSPSC recognized the improved financial condition of Corning Natural Gas and lifted the restriction that had been in place since 2006.”  Mike German, President, thanked shareholders for their patience and loyalty to the Company during the period dividend payments were suspended.

Corning Natural Gas Corporation has more than a one-hundred year history as a local New York State public utility providing natural gas service to nearly 15,000 residential, commercial and industrial customers.
Learn more at www.corninggas.com

* * * * *­­­
EX-99.2 3 v142980_ex99-2.htm Unassociated Document
Exhibit 99.2
 
NEWS RELEASE
 
CONTACT:      
Jerry Sleve
Vice President - Administration
Phone:
Fax:
Date:
(607) 936-3758 ext. 223
(607) 936-2844
March 13, 2009
 
FOR IMMEDIATE RELEASE
 
Corning Natural Gas Granted Franchise for the Town of Virgil

Corning, N.Y. (Friday, March 13, 2009) – At the regular Town of Virgil Council meeting, Thursday, March 12, 2009, the Council granted Corning Natural Gas (Corning) a franchise to pipe the town with natural gas.  Corning intends to file the franchise with the New York State Public Service Commission (NYSPSC) next week requesting expedited treatment.  The Company hopes to begin construction in late spring and complete phase I construction before the winter heating season.  Corning will be offering incentives to customers in the Town to convert to natural gas.  Corning has already signed a contract with PRIA (Greek Peak) to supply natural gas to the new hotel, water-park, ski resort and restaurant.  The Company has also acquired gas supply and financing for the project.  Mike German, President, stated, “We are delighted to be part of such an exciting project that will bring economic activity and jobs to upstate New York.”  The Company is already analyzing opportunities for new customers beyond the initial project.  Jerry Sleve, Vice President, said, “Corning Natural Gas is very appreciative to the Town of Virgil for the opportunity to service the area.  Virgil is similar, in many respects, to other rural towns and villages in New York which are served by Corning.”

Corning Natural Gas Corporation has more than a one-hundred year history as a local New York State public utility providing natural gas service to nearly 15,000 residential, commercial and industrial customers.
Learn more at www.corninggas.com

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