UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 41798 / August 26, 1999
ADMINISTRATIVE PROCEEDING
File No. 3-9802
In the Matter of
Alpha Tech Stock Transfer Trust,
Greenfield Fund, Inc.,
Manor Investment Funds, Inc., and
United Stock Transfer, Inc.,
Respondents.
ORDER MAKING FINDINGS AND IMPOSING
REMEDIAL SANCTIONS AND
CEASE-AND-DESIST ORDER
PURSUANT TO SECTIONS 17A(c)(3)
AND 21C OF THE SECURITIES
EXCHANGE ACT OF 1934 AS TO ALPHA
TECH STOCK TRANSFER TRUST, MANOR
INVESTMENT FUNDS, INC., AND
UNITED STOCK TRANSFER, INC.
I.
In these public administrative proceedings ordered pursuant to
Sections 17A(c)(3) and 21C of the Securities Exchange Act of 1934
(Exchange Act), Respondents Alpha Tech Stock Transfer, Inc. ("Alpha"),
Manor Investment Funds, Inc. ("Manor"), and United Stock Transfer,
Inc. ("United"), (collectively, "Respondents"), have each submitted an
Offer of Settlement ("Offer"), which the Commission has determined to
accept. Solely for the purposes of these proceedings and any other
proceedings brought by or on behalf of the Commission or in which the
Commission is a party, and without admitting or denying the findings
herein, except for those findings as to each Respondent, respectively,
contained in paragraph II. A. below and the jurisdiction of the
Commission over this matter, which are admitted, Respondents consent
to the entry of this Order Making Findings and Imposing Remedial
Sanctions and Cease and Desist Order Pursuant to Sections 17A(c)(3)
and 21C of the Exchange Act of 1934 as to Alpha Tech Stock Transfer
Trust, Manor Investment Funds, Inc., and United Stock Transfer, Inc.
("Order").
II.
SNIPPETS:
SECURITIES AND EXCHANGE COMMISSION
Alpha Tech Stock Transfer Trust, Greenfield Fund, Inc., Manor Investment Funds, Inc., and
ORDER MAKING FINDINGS AND IMPOSING REMEDIAL SANCTIONS AND CEASE-AND-DESIST ORDER
AND 21C OF THE SECURITIES EXCHANGE ACT OF 1934 AS TO ALPHA TECH STOCK TRANSFER TRUST, MANOR
In these public administrative proceedings ordered pursuant to Sections 17Aand 21C of the
Solely for the purposes of these proceedings and any other proceedings brought by or on
below and the jurisdiction of the Commission over this matter, which are admitted,
The Respondents Alpha, Manor and United are transfer agents that, under Rule 17Ad-18of the
On August 4, 1998, the staff of the Commission sent a letter to Respondents stating that the
F. On September 18, 1998, the Commission staff sent Respondents Alpha and United a letter
The letter gave Respondents Alpha and United a grace period of until September 30, 1998
On September 25, 1998, the Commission staff sent Respondent Manor a letter warning that
Manor and United do not have the financial ability to pay a civil penalty.
it is in the public interest to impose the sanction and cease-and-desist order specified in
That the Division of Enforcement may, at any time following the entry of this Order, petition
er had not been accepted.
No other issues shall be considered in connection with this petition other than whether the
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