N-1A/A
Form N-1A
File No. 811-09435
File No. 333-82447
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 X
Pre-Effective Amendment No. __3__
Post-Effective Amendment No._____
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 X
Amendment No. _3_
UNITED SMALL CAP FUND, INC.
- -------------------------------------------------------------------------
(Exact Name as Specified in Charter)
6300 Lamar Avenue, Shawnee Mission, Kansas 66201-9217
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(Address of Principal Executive Office) (Zip Code)
Registrant's Telephone Number, including Area Code (913) 236-2000
Kristen A. Richards, P. O. Box 29217, Shawnee Mission, Kansas 66201-9217
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(Name and Address of Agent for Service)
Approximate Date of Proposed Public Offering
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As soon as practical after effective date of Registration Statement
===========================================================================
DECLARATION REQUIRED BY RULE 24f-2 (a) (1)
The Registrant requests registration of an indefinite amount of shares of
its capital stock, $.001 per share, by this Registration Statement.
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 specifically 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, action pursuant to said Section 8(a),
may determine.
<PAGE>
Registrant hereby incorporates by reference all Part A and Part B of Form N-1A
filed as Pre-Effective Amendment No. 1 on September 22, 1999 except with respect
to the Independent Auditors Report and Part C of Form N-1A filed as
Pre-Effective Amendment No. 2 on September 30, 1999 except with respect to the
Power of Attorney dated August 18, 1999, and the Consent of Independent
Accountants.
<PAGE>
INDEPENDENT AUDITORS' REPORT
The Board of Directors and Shareholder,
United Small Cap Fund, Inc.:
We have audited the accompanying statement of assets and liabilities of United
Small Cap Fund, Inc. as of September 15, 1999. This financial statement is the
responsibility of the Fund's management. Our responsibility is to express an
opinion on this financial statement based on our audit.
We conducted our audit in accordance with generally accepted auditing standards.
Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statement is free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statement. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audit provides a reasonable basis for our opinion.
In our opinion, such statement of assets and liabilities presents fairly, in all
material respects, the financial position of United Small Cap Fund, Inc. as of
September 15, 1999 in conformity with generally accepted accounting principles.
/s/ Deloitte & Touche LLP
Deloitte & Touche LLP
Kansas City, Missouri
September 16, 1999
79
<PAGE>
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, That each of the undersigned, UNITED
FUNDS, INC., UNITED INTERNATIONAL GROWTH FUND, INC., UNITED MUNICIPAL BOND FUND,
INC., UNITED VANGUARD FUND, INC., UNITED HIGH INCOME FUND, INC., UNITED CASH
MANAGEMENT, INC., UNITED NEW CONCEPTS FUND, INC., UNITED GOVERNMENT SECURITIES
FUND, INC., UNITED MUNICIPAL HIGH INCOME FUND, INC., UNITED GOLD & GOVERNMENT
FUND, INC., UNITED HIGH INCOME FUND II, INC., UNITED CONTINENTAL INCOME FUND,
INC., UNITED RETIREMENT SHARES, INC., UNITED ASSET STRATEGY FUND, INC., UNITED
SMALL CAP FUND, INC., TARGET/UNITED FUNDS, INC. AND WADDELL & REED FUNDS, INC.
(each hereinafter called the "Corporation"), and certain directors and officers
for the Corporation, do hereby constitute and appoint KEITH A. TUCKER, ROBERT L.
HECHLER, HELGE K. LEE and KRISTEN A. RICHARDS, and each of them individually,
their true and lawful attorneys and agents to take any and all action and
execute any and all instruments which said attorneys and agents may deem
necessary or advisable to enable each Corporation to comply with the Securities
Act of 1933 and/or the Investment Company Act of 1940, as amended, and any
rules, regulations, orders or other requirements of the United States Securities
and Exchange Commission thereunder, in connection with the registration under
the Securities Act of 1933 and/or the Investment Company Act of 1940, as
amended, including specifically, but without limitation of the foregoing, power
and authority to sign the names of each of such directors and officers in
his/her behalf as such director or officer as indicated below opposite his/her
signature hereto, to any Registration Statement and to any amendment or
supplement to the Registration Statement filed with the Securities and Exchange
Commission under the Securities Act of 1933 and/or the Investment Company Act of
1940, as amended, and to any instruments or documents filed or to be filed as a
part of or in connection with such Registration Statement or amendment or
supplement thereto; and each of the undersigned hereby ratifies and confirms all
that said attorneys and agents shall do or cause to be done by virtue hereof.
Date: August 18, 1999 /s/Robert L. Hechler
--------------------------
Robert L. Hechler, President
<TABLE>
<S> <C> <C>
/s/Keith A. Tucker Chairman of the Board August 18, 1999
- ------------------- ---------------
Keith A. Tucker
/s/Robert L. Hechler President, Principal August 18, 1999
- -------------------- Financial Officer and ---------------
Robert L. Hechler Director
/s/Henry J. Herrmann Vice President and August 18, 1999
- -------------------- Director ---------------
Henry J. Herrmann
/s/Theodore W. Howard Vice President, Treasurer August 18, 1999
- -------------------- and Principal Accounting ---------------
Theodore W. Howard Officer
<PAGE>
/s/James M. Concannon Director August 18, 1999
- -------------------- ---------------
James M. Concannon
/s/John A. Dillingham Director August 18, 1999
- -------------------- ---------------
John A. Dillingham
/s/David P. Gardner Director August 18, 1999
- ------------------- ---------------
David P. Gardner
/s/Linda K. Graves Director August 18, 1999
- -------------------- ---------------
Linda K. Graves
/s/Joseph Harroz, Jr. Director August 18, 1999
- -------------------- ---------------
Joseph Harroz, Jr.
/s/John F. Hayes Director August 18, 1999
- -------------------- ---------------
John F. Hayes
/s/Glendon E. Johnson Director August 18, 1999
- -------------------- ---------------
Glendon E. Johnson
/s/William T. Morgan Director August 18, 1999
- -------------------- ---------------
William T. Morgan
/s/Ronald C. Reimer Director August 18, 1999
- -------------------- ---------------
Ronald C. Reimer
<PAGE>
/s/Frank J. Ross, Jr. Director August 18, 1999
- -------------------- ---------------
Frank J. Ross, Jr.
/s/Eleanor B. Schwartz Director August 18, 1999
- -------------------- ---------------
Eleanor B. Schwartz
/s/Frederick Vogel III Director August 18, 1999
- -------------------- ---------------
Frederick Vogel III
</TABLE>
Attest:
/s/Kristen A. Richards
- --------------------------------
Kristen A. Richards
Assistant Secretary
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and/or the
Investment Company Act of 1940, the Registrant has duly caused this
Pre-Effective Amendment to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Overland Park, and State of Kansas, on the 1st
day of October, 1999.
UNITED SMALL CAP FUND, INC.
(Registrant)
By /s/ Robert L. Hechler*
------------------------
Robert L. Hechler, President
Pursuant to the requirements of the Securities Act of 1933, and/or the
Investment Company Act of 1940, this Post-Effective Amendment has been signed
below by the following persons in the capacities and on the date indicated.
<TABLE>
<CAPTION>
Signatures Title
---------- -----
<S> <C> <C>
/s/Keith A. Tucker* Chairman of the Board October 1, 1999
- ---------------------- ---------------
Keith A. Tucker
/s/Robert L. Hechler* President October 1, 1999
- ---------------------- (Principal Financial Officer) ---------------
Robert L. Hechler and Director
/s/Henry J. Herrmann* Vice President and Director October 1, 1999
- ---------------------- ---------------
Henry J. Herrmann
/s/Theodore W. Howard* Vice President, Treasurer October 1, 1999
- ---------------------- and Principal Accounting ---------------
Theodore W. Howard Officer
/s/James M. Concannon* Director October 1, 1999
- ------------------- ---------------
James M. Concannon
/s/John A. Dillingham* Director October 1, 1999
- ------------------- ---------------
John A. Dillingham
<PAGE>
/s/David P. Gardner* Director October 1, 1999
- ------------------- ---------------
David P. Gardner
/s/Linda K. Graves* Director October 1, 1999
- ------------------- ---------------
Linda Graves
/s/Joseph Harroz, Jr.* Director October 1, 1999
- ------------------- ---------------
Joseph Harroz, Jr.
/s/John F. Hayes* Director October 1, 1999
- ------------------- ---------------
John F. Hayes
/s/Glendon E. Johnson* Director October 1, 1999
- ------------------- ---------------
Glendon E. Johnson
/s/William T. Morgan* Director October 1, 1999
- ------------------- ---------------
William T. Morgan
/s/Ronald C. Reimer* Director October 1, 1999
- ------------------- ---------------
Ronald C. Reimer
/s/Frank J. Ross, Jr.* Director October 1, 1999
- ------------------- ---------------
Frank J. Ross, Jr.
/s/Eleanor B. Schwartz* Director October 1, 1999
- ------------------- ---------------
Eleanor B. Schwartz
/s/Frederick Vogel III* Director October 1, 1999
- ------------------- ---------------
Frederick Vogel III
</TABLE>
*By
/s/Helge K. Lee
- -------------------
Helge K. Lee
Attorney-in-Fact
ATTEST:
/s/Kristen A. Richards
- -----------------------
Kristen A. Richards
Assistant Secretary
EX-99.B(j)-scconsnt
INDEPENDENT AUDITORS' CONSENT
We consent to the use in this Pre-Effective Amendment No. 3 to Registration
Statement No. 333-82447 of United Small Cap Fund, Inc. on Form N-1A of our
report dated September 16, 1999 appearing in the Prospectus, which is part of
such Registration Statement.
/s/ Deloitte & Touche LLP
Deloitte & Touche LLP
Kansas City, Missouri
September 30, 1999
