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Federal Register / Vol. 70, No.

223 / Monday, November 21, 2005 / Notices 70109

adams.html. Persons who do not have the Commission; (3) the Board believes accordance with the rules of Amex, and
access to ADAMS or who encounter that the Issuer’s stockholders will what terms, if any, should be imposed
problems in accessing the documents approve the transaction and following by the Commission for the protection of
located in ADAMS, should contact the the implementation of the transaction, investors. All comment letters may be
NRC PDR Reference staff by telephone the Securities would become ineligible submitted by either of the following
at 1–800–397–4209, 301–415–4737, or for listing on Amex; (4) the Issuer could methods:
by e-mail to incur a fee of up to $5,000 from Amex
for implementing the transaction while Electronic Comments
Dated at Rockville, Maryland, this 15 day
of November 2005. the Securities are still listed on Amex • Use the Commission’s Internet
For the Nuclear Regulatory Commission. whereas no fee would result from comment form (
J.E. Dyer, implementing the transaction after rules/delist.shtml); or
Director, Office of Nuclear Reactor
delisting the Securities from Amex; (5) • Send an e-mail to rule-
Regulation. to ensure that as a result of Please include the
implementing the transaction, the Issuer File Number 1–08578 or;
[FR Doc. E5–6394 Filed 11–18–05; 8:45 am]
avoids the expense that would be
incurred in preparing a Form 10–Q for Paper Comments
the Issuer’s first quarter of fiscal year • Send paper comments in triplicate
2006, it is necessary for the Issuer to to Jonathan G. Katz, Secretary,
SECURITIES AND EXCHANGE submit to the Commission an Securities and Exchange Commission,
COMMISSION application to withdraw the Securities 100 F Street, NE., Washington, DC
from listing on Amex in advance of the 20549–9303.
Issuer Delisting; Notice of Application
special meeting; (6) as a result of filing
of McRae Industries, Inc. To Withdraw All submissions should refer to File
an application to withdraw the
Its Class A Common Stock, $1.00 Par Number 1–08578. This file number
Securities from listing on Amex prior to
Value and Class B Common Stock, should be included on the subject line
the special meeting, the Securities may
$1.00 Par Value, From Listing and if e-mail is used. To help us process and
be delisted from Amex even if the
Registration on the American Stock review your comments more efficiently,
transaction is not implemented and
Exchange LLC File No. 1–08578 please use only one method. The
even if the Issuer’s stockholders do not
Commission will post all comments on
November 15, 2005. approve the transaction, but in such
the Commission’s Internet Web site
On November 7, 2005, McRae case the Securities would still be
Industries, Inc., a Delaware corporation registered under the Act, the Issuer
would still be required to file periodic Comments are also available for public
(‘‘Issuer’’), filed an application with the
reports with the Commission, and the inspection and copying in the
Securities and Exchange Commission
Securities would be eligible to be Commission’s Public Reference Room.
(‘‘Commission’’), pursuant to Section
quoted on an inter-dealer quotation All comments received will be posted
12(d) of the Securities Exchange Act of
system such as the Nasdaq SmallCap without change; we do not edit personal
1934 (‘‘Act’’) 1 and Rule 12d2–2(d)
Market or the OCT Bulletin Board; (7) identifying information from
thereunder,2 to withdraw its class A
the Issuer estimates the potential cost submissions. You should submit only
common stock $1.00 par value, and B
savings from delisting from Amex to be information that you wish to make
common stock, $1.00 par value,
(collectively ‘‘Securities’’), from listing in the range of $15,000 annually; and (8) available publicly.
and registration on the American Stock the Securities are currently quoted on The Commission, based on the
Exchange LLC (‘‘Amex’’). the Pink Sheets, and following delisting information submitted to it, will issue
On September 22, 2005, the Board of from Amex, stockholders would an order granting the application after
Directors (‘‘Board’’) of the Issuer continue to be able to trade their shares the date mentioned above, unless the
unaminously approved resolutions to in the over-the-counter markets or Commission determines to order a
withdraw the Securities from listing and private transactions. hearing on the matter.
registration on Amex. The Issuer stated The Issuer stated that it has met the For the Commission, by the Division of
the following reasons, factored into the requirements of Amex’s rules governing Market Regulation, pursuant to delegated
Board’s decision to withdraw the an issuer’s voluntary withdrawal of a authority.5
Securities from Amex: (1) The Board has security from listing and registration by Jonathan G. Katz,
previously adopted resolutions complying with all the applicable laws Secretary.
approving a reverse/forward stock split in effect in Delaware, the state in which [FR Doc. E5–6397 Filed 11–18–05; 8:45 am]
of the Securities for the purpose of it is incorporated, and by providing BILLING CODE 8010–01–P
permitting the Issuer to deregister the Amex with the required documents for
Securities under the Act (‘‘the withdrawal from Amex.
transaction’’) and calling a special The Issuer’s application relates solely SECURITIES AND EXCHANGE
meeting of stockholders for the purpose to the withdrawal of the Security from COMMISSION
of obtaining stockholder approval of the listing on Amex and from registration
transaction; (2) one of the primary under Section 12(b) of the Act,3 and Sunshine Act Meeting
purposes of the transaction is to realize shall not affect its obligation to be
cost savings as a result of no longer registered under Section 12(g) of the Notice is hereby given, pursuant to
having to prepare and file periodic Act.4 the provisions of the Government in the
reports with the Commission, and so Any interested person may, on or Sunshine Act, Public Law 94–409, that
long as the Securities are listed on before December 12, 2005, comment on the Securities and Exchange
Amex, the Issuer will need to continue the facts bearing upon whether the Commission will hold the following
to prepare and file periodic reports with application has been made in meeting during the week of November
21, 2005:
1 15 U.S.C. 78l(d). 3 15 U.S.C. 78l(b).
2 17 CFR 240.12d2–2(d). 4 15 U.S.C. 78l(g). 5 17 CFR 200.30–3(a)(1).

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