-----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, ESOqbh7oCVsU+8N27JgdBVGuHO/U2SVzx/N6UkT0057H35yZEDLSn2/OTAg0c+HE rOldn1MNhs9AMvB7uQGsmA== 0000053456-99-000018.txt : 19991025 0000053456-99-000018.hdr.sgml : 19991025 ACCESSION NUMBER: 0000053456-99-000018 CONFORMED SUBMISSION TYPE: POS AMC PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19991022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JERSEY CENTRAL POWER & LIGHT CO CENTRAL INDEX KEY: 0000053456 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 210485010 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: POS AMC SEC ACT: SEC FILE NUMBER: 070-06903 FILM NUMBER: 99732123 BUSINESS ADDRESS: STREET 1: 2800 POTTSVILLE PIKE CITY: READING STATE: PA ZIP: 19640-0001 BUSINESS PHONE: 6109293601 MAIL ADDRESS: STREET 1: C/O GPU ENERGY STREET 2: 2800 POTTSVILLE PIKE CITY: READING STATE: PA ZIP: 19640-0001 POS AMC 1 POST-EFFECTIVE AMENDMENT NO. 10 Post-Effective Amendment No. 10 to SEC File No. 70-6903 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM U-l APPLICATION UNDER THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 ("Act") Jersey Central Power & Light Company ("JCP&L") 2800 Pottsville Pike Reading, Pennsylvania 19605 (Name of company filing this statement and address of principal executive office) GPU, INC. ("GPU") (Name of top registered holding company parent of applicant) Terrance G. Howson, Douglas E. Davidson, Esq. Vice President and Treasurer Berlack, Israels & Liberman LLP Scott Guibord, Secretary 120 West 45th Street Michael J. Connolly, Esq. New York, New York 10036 Vice President - Law GPU Service, Inc. 300 Madison Avenue Morristown, New Jersey 07962 (Names and addresses of agents for service) JCP&L hereby post-effectively amends its Application on Form U-1, docketed in SEC File No. 70-6903, as follows: 1. By amending the first sentence of paragraph D to read as follows: Consequently, by this post-effective amendment, JCP&L requests authorization to extend, until March 31, 2005, the time during which it may acquire such customer obligations (up to the aforesaid amount of $15 million) and incur administrative and other related expenses (up to the aforesaid aggregate amount of $750,000). 2. By filing the following exhibit in Item 6 thereof: F - Opinion of Berlack, Israels & Liberman LLP. -1- SIGNATURE --------- PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935, THE UNDERSIGNED COMPANY HAS DULY CAUSED THIS STATEMENT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED. Date: October 22, 1999 Jersey Central Power & Light Company By: /s/ T. G. Howson ------------------------------- T. G. Howson Vice President and Treasurer -2- EX-99 2 EXHIBIT INDEX EXHIBIT TO BE FILED BY EDGAR ---------------------------- Exhibit: F - Opinion of Berlack, Israels & Liberman LLP. EX-99 3 EXHIBIT F Exhibit F October 22, 1999 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Jersey Central Power & Light Company - Application on Form U-1 SEC File No. 70-6903 -------------------------------------- Ladies and Gentlemen: We have examined Post-Effective Amendment No. 9, dated September 15, 1999 to the Application on Form U-1, dated September 19, 1983 as amended, under the Public Utility Holding Company Act of 1935 (the "Act"), filed by Jersey Central Power & Light Company ("JCP&L"), with the Securities and Exchange Commission and docketed in SEC File No. 70-6903, as amended by Post-Effective Amendment Nos. 1, 2, 3, 4, 5, 6, 7, 8 and 9 thereto, and as to be further amended by Post-Effective Amendment No. 10, dated this date, of which this opinion is to be a part. (The Application, as so amended and as thus to be amended, is hereinafter referred to as the "Application".) The Application contemplates, among other things, the acquisition by JCP&L, from time to time through March 31, 2005, of up to $15 million of obligations of certain of its residential electric heating customers arising from such customers' purchases of insulation and certain other energy-saving products. In addition, the Application contemplates that JCP&L will incur up to $750,000 of associated administrative and related expenses. We have been counsel to GPU and its subsidiaries for many years. In such capacity we have participated in various proceedings relating to the issuance of securities by GPU and its subsidiaries, and we are familiar with the terms of the outstanding securities of the corporations comprising the GPU holding company system. We are members of the Bar of the States of New York and New Jersey and do not purport to be expert on the laws of any jurisdiction other than the laws of the States of New York and New Jersey and the federal laws of the United States. We have examined, among other things, the orders of the New Jersey Board of Public Utilities, dated December 1, 1982 and August 3, 1983, which orders mandated the implementation of the programs as described in the Application, the Application and the Orders of your Commission dated November 16, 1983, November 19, 1984, June 28, 1985, July 30, 1985, June 27, 1986, January 17, 1990 and October 24, 1994 permitting this Application to become effective. We have also examined copies, signed, certified or otherwise proven to our satisfaction, of the Restated Certificate of Incorporation and By-laws of JCP&L, each as amended. We have also examined such other documents and made such further investigation as we have deemed advisable as a basis for this opinion. The opinions expressed herein are limited to matters governed by the laws of the States of New York and New Jersey and the federal laws of the United States. Based upon the foregoing, and assuming that the transactions therein proposed are carried out in accordance with the Application, we are of the opinion that when the Commission shall have entered an order forthwith permitting the Application, as amended, to become effective, (a) all laws of the State of New Jersey applicable to the proposed transactions will have been complied with; (b) JCP&L will legally acquire the obligations of its customers as contemplated in the Application; and (c) the consummation of the proposed transactions will not violate the legal rights of the holders of any securities issued by JCP&L or any "associate company" thereof, as defined in the Act. We hereby consent to the filing of this opinion as an exhibit to the Application and in any proceedings before the Commission that may be held in connection therewith. Very truly yours, BERLACK, ISRAELS & LIBERMAN LLP -2- -----END PRIVACY-ENHANCED MESSAGE-----