-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, IdC2qPMZH1gYaBZopH5NN11xpA4OzfmjXKjCoSaXqdk75/LT2ZFIZyKFH4ezmEAQ K3TXFTsBeCYS1iOyL3fpYg== 0000817841-95-000006.txt : 19950612 0000817841-95-000006.hdr.sgml : 19950612 ACCESSION NUMBER: 0000817841-95-000006 CONFORMED SUBMISSION TYPE: 24F-2NT CONFIRMING COPY: PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19941231 FILED AS OF DATE: 19950307 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: SELIGMAN PORTFOLIOS INC/NY CENTRAL INDEX KEY: 0000817841 STANDARD INDUSTRIAL CLASSIFICATION: [] FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 24F-2NT SEC ACT: 1933 Act SEC FILE NUMBER: 033-15253 FILM NUMBER: 00000000 BUSINESS ADDRESS: STREET 1: 130 LIBERTY ST CITY: NEW YORK STATE: NY ZIP: 10006 BUSINESS PHONE: 2124880200 MAIL ADDRESS: STREET 1: 103 LIBERTY STREET CITY: NEW YORK STATE: NY ZIP: 10006 FORMER COMPANY: FORMER CONFORMED NAME: SELIGMAN MUTUAL BENEFIT PORTFOLIOS INC DATE OF NAME CHANGE: 19920703 24F-2NT 1 SELIGMAN PORTFOLIOS 24F-2 NOTICE February 22, 1995 Rule 24f-2 Notice for Seligman Portfolios, Inc. Securities and Exchange Commission Division of Investment Management 450 Fifth Street, N.W. Washington, D.C. 20549 Attention: Division of Investment Management File No. 33-15253 Dear Sirs: Seligman Portfolios, Inc. hereby provides the following information with respect to sales of its capital stock pursuant to Rule 24f-2 under the Investment Company Act of 1940: 1. Fiscal year for which notice is filed: December 31, 1994. 2. Number of shares registered under the Securities Act of 1933 other than pursuant to Rule 24f-2 which remained unsold at the beginning of such fiscal year: -0- 3. Number of shares registered during such fiscal year other than pursuant to Rule 24f-2: -0- 4. Number of shares sold during such fiscal year: (a)Seligman Capital Portfolio 250,641 shares Seligman Cash Management Portfolio 2,322,638 shares Seligman Common Stock Portfolio 602,357 shares Seligman Communications and Information Portfolio 47,368 shares Seligman Fixed Income Securities Portfolio 229,957 shares Seligman Frontier Portfolio 15,970 shares Seligman Henderson Global Emerging Companies Portfolio 12,723 shares Seligman Henderson Global Portfolio 114,731 shares Seligman Income Portfolio 423,636 shares --------- Total 4,020,021 shares 5. Number of shares sold during such fiscal year in reliance upon registration pursuant to Rule 24f-2: 4,020,021 Securities and Exchange Commission -2- February 22, 1995 Division of Investment Management A filing fee of $759.75 is enclosed as calculated on the following page as is the opinion of counsel required by Rule 24f-2. Very truly yours, Seligman Portfolios, Inc. Thomas G. Rose -------------- Thomas G. Rose Treasurer Enclosure ------------------------- Securities and Exchange Commission February 22, 1995 Division of Investment Management (a) The following is a calculation of the fee payable pursuant to paragraph (c) of Rule 24f-2:
Fiscal Year Ended 12/31/94 Seligman Seligman Seligman Cash Seligman Communications Seligman Fixed Capital Management Common Stock and Information Income Securities Portfolio Portfolio Portfolio Portfolio Portfolio Aggregate sales price of shares sold pursuant to Rule 24f-2 $3,619,176 $2,322,638 $9,040,523 $476,552 $2,264,202 Aggregate redemption or repurchase price of shares redeemed or purchased during previous fiscal year (3,298,449) (2,322,134) (10,753,287) 0 (2,306,325) Aggregate redemption or repurchase price of shares previously applied pursuant to Rule 24e-2(a) - - - - - Total $320,727 $504 ($1,712,764) $476,552 ($42,123) Fee (Total X .000345) $110.65 $0.17 $0.00 $164.41 $0.00 -------- ------ ------ -------- ----- Seligman Seligman Henderson Seligman Seligman Total Frontier Global Emerging Henderson Global Income Fees Portfolio Companies Portfolio Portfolio Portfolio Aggregate sales price of shares sold pursuant to Rule 24f-2 $159,998 $127,418 $1,317,845 $4,595,781 N/A Aggregate redemption or repurchase price of shares redeemed or purchased during previous fiscal year 0 (219) (200,627) (5,127,245) N/A Aggregate redemption or repurchase price of shares previously applied pursuant to Rule) - - - - - Total $159,998 $127,199 $1,117,218 ($531,464) N/A Fee (Total X .000345) $55.20 $43.88 $385.44 $0.00 $759.75 ------- ------- -------- ------ -------
SELIGMAN PORTFOLIOS, INC. The undersigned, Treasurer of Seligman Portfolios, Inc., a Maryland Corporation (the "company"), does hereby certify as follows: 1. From January 1, 1994 through December 31, 1994, the Company issued an aggregate of 4,020,021 shares of its Capital Stock, $0.001 par value. Seligman Capital Portfolio 250,641 shares Seligman Cash Management Portfolio 2,322,638 shares Seligman Common Stock Portfolio 602,357 shares Seligman Communications and Information Portfolio 47,368 shares Seligman Fixed Income Securities Portfolio 229,957 shares Seligman Frontier Portfolio 15,970 shares Seligman Henderson Global Emerging Companies Portfolio 12,723 shares Seligman Henderson Global Portfolio 114,731 shares Seligman Income Portfolio 423,636 shares ------- Total 4,020,021 shares 2. In respect of the issuance of such 4,020,021 shares, the Company received aggregate cash consideration (net of any sales commissions) of $23,924,133. Seligman Capital Portfolio $3,619,176 Seligman Cash Management Portfolio 2,322,638 Seligman Common Stock Portfolio 9,040,523 Seligman Communications and Information Portfolio 476,552 Seligman Fixed Income Securities Portfolio 2,264,202 Seligman Frontier Portfolio 159,998 Seligman Henderson Global Emerging Companies Portfolio 127,418 Seligman Henderson Global Portfolio 1,317,845 Seligman Income Portfolio 4,595,781 --------- 23,924,133 3. With respect to each share issued, the Company received cash consideration not less than the net asset value per share on the date issued and not less than $0.001. -2- SELIGMAN PORTFOLIOS, INC. 4. At no time during the period from January 1, 1994 through December 31, 1994 were shares of any series of the Company's Capital Stock issued and outstanding in excess of the following numbers of authorized shares: Shares Authorized Seligman Capital Portfolio 20,000,000 Seligman Cash Management Portfolio 100,000,000 Seligman Common Stock Portfolio 20,000,000 Seligman Communications and Information Portfolio 20,000,000 Seligman Fixed Income Securities Portfolio 20,000,000 Seligman Frontier Portfolio 20,000,000 Seligman Henderson Global Emerging Companies Portfolio 20,000,000 Seligman Henderson Global Portfolio 20,000,000 Seligman Income Portfolio 20,000,000 In Witness Whereof, I have hereunto signed my name as Treasurer of the Company. Date: January 19, 1995 Thomas G. Rose ------------------------ Thomas G. Rose Treasurer EX-23 2 COUNSEL OPINION SULLIVAN & CROMWELL NEW YORK TELEPHONE: (212) 558-4000 TELEX: 62694 (INTERNATIONAL) 127816 (DOMESTIC) CABLE ADDRESS: LADYCOURT, NEW YORK FACSIMILE: (212) 558-3588 (125 Broad Street) (212) 558-3792 (250 Park Avenue) 125 Broad Street, New York 10004-2498 __________ 250 PARK AVENUE, NEW YORK 10177-0021 1701 PENNSYLVANIA AVE, N.W. WASHINGTON, D.C. 20006-5805 444 SOUTH FLOWER STREET, LOS ANGELES 90071-2901 8, PLACE VENDOME, 75001 PARIS ST. OLAVE'S HOUSE, 9a IRONMONGER LANE, LONDON EC2V 8EY 101 COLLINS STREET, MELBOURNE 3000 2-1, MARUNOUCHI I-CHOME, CHIYODA-KU, TOKYO 100 GLOUCESTER TOWER, 11 PEDDER STREET, HONG KONG February 22, 1995 Seligman Portfolios, Inc., 100 Park Avenue, New York, New York 10017. Dear Sirs: You have requested our opinion in connection with the notice which you propose to file pursuant to Rule 24f-2 under the Investment Company Act of 1940 with respect to your Capital Stock, $0.001 par value (the "Shares"), as follows: 250,641 shares of Capital Stock of your Seligman Capital Portfolio (the "Capital Shares"); 2,322,638 shares of Capital Stock of your Seligman Cash Management Portfolio (the "Cash Management Shares"); 602,357 shares of Capital Stock of your Seligman Common Stock Portfolio (the "Common Stock Shares") 47,368 shares of Capital Stock of your Seligman Communication and Information Portfolio (the "Communication and Information Shares"); 423,636 shares of Capital Stock of your Seligman Income Portfolio (the "Income Shares"); 229,957 shares of Capital Stock of your Seligman Fixed Income Portfolio (the "Fixed Income Shares"); Seligman Portfolios, Inc. -2- 15,970 shares of Capital Stock of your Seligman Frontier Portfolio (the "Frontier Shares"); 12,723 shares of Capital Stock of your Seligman Henderson Global Emerging Companies Portfolio (the "Henderson Global Emerging Companies Shares") and 114,731 shares of Capital Stock of your Seligman Henderson Global Portfolio (the "Henderson Global Shares"). As your counsel, we are familiar with your organization and corporate status and validity of your Capital Stock. We advise you that, in our opinion, the Capital Shares, the Cash Management Shares, the Common Stock Shares, the Income Shares, and the Fixed Income Shares are legally and validly issued, fully paid and nonassessable. The foregoing opinion is limited to the General Corporation Law of the State of Maryland, and we are expressing no opinion as to the effect of the laws of any other jurisdiction. We consent to the filing of this opinion with the Securities and Exchange Commission in connection with the notice referred to above. In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933. Very truly yours, SULLIVAN & CROMWELL ------------------- SULLIVAN & CROMWELL -----END PRIVACY-ENHANCED MESSAGE-----