-----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, QJVq7CKtnJpCMQiZACaivXY6QiinE/PtfkblA45lS9zTA3nAZL4hfK/mX+QBjQ70 81BWDjni1Um+u7WqrV7xeQ== 0000003153-97-000011.txt : 19970124 0000003153-97-000011.hdr.sgml : 19970124 ACCESSION NUMBER: 0000003153-97-000011 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19970123 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALABAMA POWER CO CENTRAL INDEX KEY: 0000003153 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 630004250 STATE OF INCORPORATION: AL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: 1935 Act SEC FILE NUMBER: 070-08461 FILM NUMBER: 97509344 BUSINESS ADDRESS: STREET 1: 600 N 18TH ST STREET 2: P O BOX 2641 CITY: BIRMINGHAM STATE: AL ZIP: 35291 BUSINESS PHONE: 2052501000 35-CERT 1 CERTIFICATE OF NOTIFICATION CERTIFICATE OF NOTIFICATION Filed by ALABAMA POWER COMPANY Pursuant to orders of the Securities and Exchange Commission dated December 15, 1994, January 17, 1996, August 26, 1996 and January 14, 1997 in the matter of File No. 70-8461. -------------- Alabama Power Company (the "Company") hereby certifies to said Commission, pursuant to Rule 24, as follows with respect to the transactions described particularly in Amendment No. 10 (Post-Effective No. 7) herein: 1. On January 16, 1997 the issuance and sale by Alabama Power Capital Trust II ("the Trust"), a Delaware business trust, of 8,000,000 of its 7.60% Trust Originated Preferred Securities (Liquidation amount $25 per Preferred Security) and all transactions relating thereto were carried out in accordance with the terms and conditions of and for the purposes represented by the application, as amended, and of said orders with respect thereto. 2. The issuance by the Company of $202,185,575 aggregate principal amount of its Series B 7.60% Junior Subordinated Notes (the "Junior Subordinated Notes") due December 31, 2036, pursuant to the First Supplemental Indenture dated as of January 1, 1997, supplementing the Subordinated Note Indenture dated as of January 1, 1997, between the Company and Chase Manhattan Bank, as Trustee, was carried out in accordance with the terms and conditions of and for the purposes represented by the application, as amended, and of said orders with respect thereto. 3. The execution by the Company of the Guarantee Agreement, dated as of January 1, 1997, providing for the guarantee by the Company of certain obligations of the Trust, in respect of the Trust Originated Preferred Securities, was carried out in accordance with the terms and conditions of and for the purposes represented by the application, as amended, and of said orders with respect thereto. -2- 4. Filed herewith are the following exhibits: Exhibit A - Copy of the prospectus dated December 13, 1996 and final Prospectus Supplement with respect to the Trust Originated Preferred Securities, dated January 9, 1997. (Filed electronically January 13, 1997, in File Nos. 333-17333, 333-17333-01, 333-17333-02 and 333-17333-03.) Exhibit B - Underwriting Agreement. (Designated in Form 8-K dated January 9, 1997, File No. 1-3164 as Exhibit 1.) Exhibit C - Amended and Restated Trust Agreement, dated as of January 1, 1997. (Designated in Form 8-K dated January 9, 1997, File No.1-3164 as Exhibit 4.5.) Exhibit D - Subordinated Note Indenture dated as of January 1, 1997, between the Company and Chase Manhattan Bank, as trustee. (Designated in Form 8-K dated January 9, 1997, File No. 1-3164 as Exhibit 4.1.) Exhibit E - Supplemental Indenture to the Subordinated Note Indenture dated as of January 1, 1997, between the Company and Chase Manhattan Bank, as trustee. (Designated in Form 8-K dated January 9, 1997, File No. 1-3164 as Exhibit 4.2.) Exhibit F - Guarantee Agreement, dated as of January 1, 1997, with respect to Trust Preferred Securities. (Designated in Form 8-K dated January 9, 1997, File No. 1-3164 as Exhibit 4.8.) Exhibit G - Opinion of Balch & Bingham dated January 23, 1997. Dated January 23, 1997 ALABAMA POWER COMPANY By Wayne Boston Wayne Boston Assistant Secretary EX-99 2 EXHIBIT G BALCH & BINGHAM LLP OPINION Exhibit G Balch & Bingham LLP January 23, 1997 Securities and Exchange Commission Washington, DC 20549 RE: Statement on Form U-1 of Alabama Power Company (herein called the "Company") et al. File No. 70-8461 Ladies and Gentlemen: We have read the statement on Form U-1, as amended, referred to above and are furnishing this opinion with respect to the issuance and sale by Alabama Power Capital Trust II (the "Trust") of its Trust Originated Preferred Securities and the related issuance by the Company of its Guarantee and Junior Subordinated Notes (all as defined therein). We are of the opinion that: (a) the Company is validly organized and duly existing as a corporation under the laws of the State of Alabama; (b) the Trust has been duly formed and is validly existing as a business trust under the laws of the State of Delaware; (c) the transactions have been consummated in accordance with such statement on Form U-1, as amended; (d) all state laws applicable to such transactions have been complied with; (e) the Company's obligations with respect to the Guarantee and the Junior Subordinated Notes are valid and binding obligations of the Company in accordance with their terms; Securities and Exchange Commission January 23, 1997 Page 2 (f) the Trust's obligations with respect to the Trust Originated Preferred Securities are valid and binding obligations of the Trust in accordance with their terms; and (g) the consummation of the transactions did not violate the legal rights of the holders of any securities issued by the Company, the Trust, or any associate company thereof. We hereby give our written consent to the use of this opinion in connection with the above-mentioned statement on Form U-1 and to the filing thereof with the commission at the time of the filing of the certificate pursuant to Rule 24. Very truly yours, /s/ Balch & Bingham LLP -----END PRIVACY-ENHANCED MESSAGE-----