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As Filed With the Securities and Exchange Commission December 29, 1997
Registration No. 333-07914
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20509
PRE-EFFECTIVE AMENDMENT NO. 3
S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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CITIZENS EFFINGHAM BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
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<S> <C> <C>
GEORGIA 6060 58-2357619
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(State or other jurisdiction (Primary Standard Industrial (I.R.S. Employer
of incorporation) Classification Code Number) Identification Number)
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802 South Laurel Street
P. O. Box 379
Springfield, Georgia 31329
(912) 754-0754
(Address, including zip code and telephone number, including area code, of
registrant's principal executive offices)
HARRY H. SHEAROUSE
802 South Laurel Street
P. O. Box 379
Springfield, Georgia 31329
(912) 754-0754
(Name, address and telephone number of agent for service)
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With copy to:
J. WILEY ELLIS
Ellis, Painter, Ratterree & Bart LLP
2 E. Bryan Street, Suite 100
P. O. Box 9946
Savannah, Georgia 31412
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APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO PUBLIC: As soon as
practicable after this Registration Statement becomes effective.
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If any of the securities being registered on this Form are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, check the following box. [X]
CALCULATION OF REGISTRATION FEE
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TITLE OF EACH CLASS PROPOSED MAXIMUM
OF SECURITIES TO BE AMOUNT TO BE PROPOSED MAXIMUM AGGREGATE OFFERING AMOUNT OF
REGISTERED REGISTERED OFFERING PRICE PRICE REGISTRATION FEE
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Common Stock 512,000 $10.00 5,120,000 $1,552.42(1)
$1.00 par value ---------
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(1) Previously paid.
The Registrant hereby amends this Registration Statement on such date
or dates as may be necessary to delay its effective date until the Registrant
shall file a further amendment which specially states that this Registration
Statement shall thereafter become effective in accordance with Section 8(a) of
the Securities Act of 1933 or until the registration Statement shall become
effective on such date as the Commission acting pursuant to said Section 8(a),
may determine.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
registrant has duly caused this Amendment No. 3 to the registration statement
to be signed on its behalf by the undersigned, thereunto duly authorized, in
the City of Springfield and State of Georgia on the 26th day of December, 1997.
CITIZENS EFFINGHAM BANCSHARES, INC.
By: /s/ Harry H. Shearouse
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Harry H. Shearouse
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints HARRY H. SHEAROUSE, his true and lawful
attorney-in-fact, with full power of substitution, for him and in his name,
place and stead, in any and all capacities, to sign any amendments to this
Registration Statement, and to file the same, with all exhibits thereto, and
other documents in connection therewith, with the Securities and Exchange
Commission, hereby ratifying and confirming all that said attorney-in-fact, or
his substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act of 1933, this
Amendment No. 3 to the registration statement has been signed by the following
persons in the capacities and on the dates indicated.
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Date
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/s/ Harry H. Shearouse President, Chairman of the 12/26/97
- -------------------------------- Board, Treasurer, and Director --------
Harry H. Shearouse
/s/ Jon G. Burns Director 12/26/97
- -------------------------------- --------
Jon G. Burns
/s/ Charles E. Hartzog Director 12/26/97
- -------------------------------- --------
Charles E. Hartzog
/s/ Philip M. Heidt Director 12/26/97
- -------------------------------- --------
Philip M. Heidt
/s/ W. Harvey Keiffer Director 12/26/97
- -------------------------------- --------
W. Harvey Kieffer
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<S> <C> <C>
/s/ C. Murray Kight Principal Accounting 12/26/97
- -------------------------------- Officer, Principal Financial --------
C. Murray Kight Officer, Secretary, and
Director
/s/ Thomas C. Strickland, Jr. Director 12/26/97
- -------------------------------- --------
Thomas C. Strickland, Jr.
/s/ Mariben M. Thompson Director 12/26/97
- -------------------------------- --------
Mariben M. Thompson
/s/ Thomas O. Triplett, Sr. Director 12/26/97
- -------------------------------- --------
Thomas O. Triplett, Sr.
/s/ J. Terrell Webb Director 12/26/97
- -------------------------------- --------
J. Terrell Webb
/s/ H. Mitchell Weitman Director 12/26/97
- -------------------------------- --------
H. Mitchell Weitman
/s/ Wendel H. Wilson Director 12/26/97
- -------------------------------- --------
Wendel H. Wilson
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EXHIBIT INDEX
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EXHIBIT NO.
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<S> <C>
3.1 Articles of Incorporation
3.2 By-Laws
4 Specimen of Certificate for Common Stock
5 Opinion and Consent of Ellis, Painter, Ratterree & Bart, LLP
10.1 Partnership Agreement
10.2 Amendment to Partnership
10.3 Contracts to Purchase Land
10.4 Employment Agreement of Harry H. Shearouse
10.5 Escrow Agreement
23.1* Consent of Thigpen, Jones, Seaton & Co., P.C.
23.2 Consent of Ellis, Painter, Ratterree & Bart, LLP.
24 Powers of Attorney
27 Financial Data Schedule (FOR SEC USE)
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* Filed herewith.
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EXHIBIT 23.1
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the use in the Prospectus constituting part of
this Registration Statement on Form S-1 of our report dated October 20, 1997,
relating to the financial statements of Citizens Effingham Partnership, which
appears in such Prospectus. We also consent to the reference to us under the
heading "Experts" in such Prospectus.
/s/ THIGPEN, JONES, SEATON & CO., P.C.
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THIGPEN, JONES, SEATON & CO., P.C.
December 17, 1997
Dublin, Georgia
