BY FAX: (807) 274-8746
Decision CRTC 2001-502
Ottawa, 16 August 2001
Mr. Howard G. Fawcett
Fawcett Broadcasting Limited
Box 777
Fort Frances, Ontario
P9A 3N1
Re: Application No. 2001-0776-5 - Approved
Transfer of shares and control, estate planning purposes - Fawcett Broadcasting Limited, licensee of radio programming undertaking CFOB, Fort Frances, CJRL, Kenora and CKDR, Dryden, Ontario requests authority to transfer the voting shares held by Eloise P. Fawcett to Howard G. Fawcett.
Dear Sir:
The Commission approves the above-noted application requesting authority to effect a change in the ownership of Fawcett Broadcasting Limited through the transfer of 140,010 Class B voting shares from Eloise P. Fawcett to Howard G. Fawcett. Consequently, Mr. Fawcett ownership postion in the company increases to 98.77%.
The Commission will modify its ownership records to reflect the authorized ownership of Fawcett Broadcasting Limited as shown in the attached appendix. All letters of approval issued by the Commission are made available for public examination at the Commission's central office. Consequently, the Commission also requires you to append this letter to your licence.
Yours sincerely,
Ursula Menke
Secretary General
Appendix
Fawcett Broadcsating Limited
Shareholder
|
Type
|
# held
|
% of vote
|
Scott R. Fawcett *
|
Common
|
960
|
0.64%
|
Howard G. Fawcett *
|
Common
|
7,500
|
|
Howard G. Fawcett *
|
Class A
|
174
|
98.77%
|
Howard G. Fawcett *
|
Class B
|
140,010
|
|
Eloise P. Fawcett *
|
Class A
|
877
|
0.59%
|
* Canadian citizens ordinarily resident in Canada.
Date Modified: 2001-08-20
|