SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed under section 33 (a) of the
Public Utility Holding Company Act of 1935, as amended.
TRANSCONTINENTAL CAPITAL CORP. (BERMUDA) LTD.
(Name of foreign utility company)
SEABOARD CORPORATION
(Name of filing company, if filed on behalf of a foreign utility
company)
The Commission is requested to mail copies of all communications
relating to this notification to:
David M. Becker, Esq.
General Counsel
Seaboard Corporation
9000 West 67th Street
Shawnee Mission, Kansas 66202
April 6, 2001
Seaboard Corporation, a Delaware corporation
("Seaboard"), on behalf of Transcontinental Capital
Corp. (Bermuda) Ltd., a Bermuda corporation ("TCCB"),
hereby files with the Securities and Exchange
Commission (the "Commission") this Form U-57 notice,
claiming exemption for TCCB as a "foreign utility
company" under Section 33 of the Public Utility Holding
Company Act ("PUHCA"). TCCB is a wholly-owned
subsidiary of Seaboard Overseas Limited, a Bahamas
corporation, which is a wholly-owned subsidiary of
Seaboard.
Item 1: The Name and Address of the Entity Claiming Foreign
Utility Company Status, its Business Address and Description of
Utility Facilities:
The name of the entity claiming foreign utility company
status under Section 33(a) of PUHCA is:
Transcontinental Capital Corp. (Bermuda) Ltd. The
business address is Calle Fantina Falco, #24, Edificio
L. Baez, 4TO, Piso, Ensanche Naeo, Santo Domingo,
Dominican Republic.
TCCB currently owns and operates floating power
generating facilities capable of producing 40 megawatts
of power, located in the Port of Rio Haino in Santa
Domingo, Dominican Republic. TCCB recently contracted
for the construction and acquisition of a second
floating power generating facility capable of producing
71.2 megawatts of power, located in the Port of Santo
Domingo (Ozama River), in Santo Domingo, Dominican
Republic. This facility was completed on or about
August 2000 (construction in Singapore) and installed
(at its current sight) in September 2000. Power
generated at all such facilities is distributed and
sold entirely outside the United States.
To the extent known, each person that holds five percent or more
of the voting securities of the foreign utility company:
Seaboard Overseas Limited, a Bahamas corporation
("SOL"), owns 100 percent of any class of voting
securities in TCCB. Seaboard owns 100 percent of any
class of voting securities of SOL. TCCB has three
wholly-owned subsidiaries: Seaboard Zambia, Ltd., a
Bermuda corporation ("SZL"), National Milling Company
Limited, a Zambia corporation ("NMC"), and
Transcontinental Capital Corp. (Cayman) Ltd., a Cayman
Island corporation ("TCCC"), (SZL, NMC and TCCC,
collectively, hereinafter referred to as "TCCB
Subsidiaries").
Item 2: The Name of any Domestic Associate Public Utility
company, its holding company and the purchase price paid by such
domestic public utility company for its interest in the foreign
utility company.
Neither TCCB nor any of the TCCB Subsidiaries are
associate companies, as defined in Section 2(a) of
PUHCA, of any domestic public utility company.
EXHIBIT A
The requirement for State Commission certification set forth in
Section 33(a)(2) of the PUHCA is not applicable to this
notification because neither TCCB nor any of the TCCB
Subsidiaries are associate companies or affiliate companies of
any domestic public utility company.
SIGNATURE
The undersigned company has duly caused this statement to be
signed on its behalf by the undersigned thereunto duly
authorized.
SEABOARD CORPORATION
By: /s/Robert L. Steer
Robert L. Steer
Senior Vice President,
Chief Financial Officer and Treasurer