K N Marketing, Inc.; Notice of Issuance of Order

[Federal Register Volume 60, Number 115 (Thursday, June 15, 1995)]
[Notices]
[Pages 31462-31463]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14599]



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DEPARTMENT OF ENERGY
[Docket No. ER95-869-000]


K N Marketing, Inc.; Notice of Issuance of Order

June 9, 1995.
    On April 4, 1995, K N Marketing, Inc. (KNM) submitted for filing a 
rate schedule under which KNM will engage in wholesale electric power 
and energy transactions as a marketer. KNM also requested waiver of 
various Commission regulations. In particular, KNM requested that the 
Commission grant blanket approval under 18 CFR Part 34 
[[Page 31463]] of all future issuances of securities and assumptions of 
liability by KNM.
    On May 26, 1995, pursuant to delegated authority, the Director, 
Division of Applications, Office of Electric Power Regulation, granted 
requests for blanket approval under Part 34, subject to the following:
    Within thirty days of the date of the order, any person desiring to 
be heard or to protest the blanket approval of issuances of securities 
or assumptions of liability by KNM should file a motion to intervene or 
protest with the Federal Energy Regulatory Commission, 825 North 
Capitol Street NE., Washington, D.C. 20426, in accordance with Rules 
211 and 214 of the Commission's Rules of Practice and Procedure (18 CFR 
385.211 and 385.214).
    Absent a request for hearing within this period, KNM is authorized 
to issue securities and assume obligations or liabilities as a 
guarantor, indorser, surety, or otherwise in respect of any security of 
another person; provided that such issuance or assumption is for some 
lawful object within the corporate purposes of the applicant, and 
compatible with the public interest, and is reasonably necessary or 
appropriate for such purposes.
    The Commission reserves the right to require a further showing that 
neither public nor private interests will be adversely affected by 
continued approval of KNM's issuances of securities or assumptions of 
liability.
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is June 26, 1995.
    Copies of the full text of the order are available from the 
Commission's Public Reference Branch, Room 3308, 941 North Capitol 
Street NE., Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 95-14599 Filed 6-14-95; 8:45 am]
BILLING CODE 6717-01-M