SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) January 31, 1996
____________________
SOUTHWESTERN PUBLIC SERVICE COMPANY
(Exact name of registrant as specified in its charter)
1-3789
(Commission file number)
New Mexico 75-0575400
(State or other jurisdiction of (I.R.S. Employer
incorporation) Identification No.)
Tyler at Sixth, Amarillo, Texas 79101
(Address of principal executive offices) (Zip code)
(806) 378-2121
(Registrant's telephone number, including area code)
____________________
NOT APPLICABLE
_____________________________________________________________
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On January 31, 1996, the Annual Meeting of Shareholders of
Southwestern Public Service Company ("SPS") was held. At the meeting, the
holders of SPS common stock re-elected the four directors of the 12-member
board who were standing for re-election, approved an amendment to the SPS
Restated Articles of Incorporation to provide for a new class of 10 million
shares of preferred stock, $1 par value, which may be issued in series with
such terms and conditions as may be set by SPS's board and approved an
agreement and plan of reorganization, as amended (the "Merger Agreement").
At a separate meeting, the holders of Public Service Company of
Colorado ("PSCo") common stock and PSCo preferred stock also approved the
Merger Agreement. Pursuant to such Merger Agreement, the holders of SPS
common stock and PSCo common stock will become holders of common stock of
New Century Energies, Inc. ("NCE"), upon the completion of the mergers of
two wholly-owned subsidiaries of NCE into SPS and PSCo, respectively (the
"Merger").
The Merger is subject to, among other things, the receipt of
all necessary governmental approvals. Applications to the state regulatory
commissions in Texas, Colorado, New Mexico, Wyoming and Kansas, the Federal
Energy Regulatory Commission, and the Securities and Exchange Commission
under the 1935 Act have been filed and, on November 28, 1995, the Kansas
Corporation Commission issued an order granting SPS's request for authority
for the issuance of common stock to NCE pursuant to the Merger Agreement.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS. The following exhibits are filed herewith:
99 Press Release, dated January 31, 1996, of Southwestern
Public Service Company.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
SOUTHWESTERN PUBLIC SERVICE COMPANY
(Registrant)
/s/Doyle R. Bunch II
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Name: Doyle R. Bunch II
Title: Executive Vice President,
Accounting and Corporate
Development
DATE: February 2, 1996
EXHIBIT INDEX
Exhibit
Number
99 Press Release, dated January 31, 1996, of Southwestern
Public Service Company.