MORGAN STANLEY DEAN WITTER SE EQ TR SE 5 IND PORT 99-4
485BPOS, 1999-07-01
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      As filed with the Securities and Exchange Commission on July 1, 1999

                                                     Registration No. 333-79927
===============================================================================
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                               -------------------

                        POST-EFFECTIVE AMENDMENT NO. 1 TO
                                    FORM S-6
                    FOR REGISTRATION UNDER THE SECURITIES ACT
                    OF 1933 OF SECURITIES OF UNIT INVESTMENT
                        TRUSTS REGISTERED ON FORM N-8B-2
                               -------------------

A.       Exact Name of Trust:

                 MORGAN STANLEY DEAN WITTER SELECT EQUITY TRUST
                       SELECT 5 INDUSTRIAL PORTFOLIO 99-4

B.       Name of depositor:

                            DEAN WITTER REYNOLDS INC.

C.       Complete address of depositor's principal executive office:

                             Two World Trade Center
                            New York, New York 10048

D. Name and complete address of agent for service:

                                                       Copy to:

           MR MICHAEL D. BROWNE                  KENNETH W. ORCE, ESQ.
         DEAN WITTER REYNOLDS INC.              CAHILL GORDON & REINDEL
    Two World Trade Center, 59th Floor              80 Pine Street
         New York, New York 10048

It is proposed that this filing will become effective (check appropriate box.)

/X/ immediately upon filing on July 1, 1999 pursuant to paragraph (b);

/ / on June 30, 1999 pursuant to paragraph (b);

/ / 60 days after filing pursuant to paragraph (a);

/ / on (date) pursuant to paragraph (a) of rule 485.



                                      -1-
<PAGE>


     This  Post-Effective  Amendment to the  Registration  Statement on Form S-6
comprises the following papers and documents:

                  The facing sheet on Form S-6.

                  Signatures.

                  The following Exhibits:

*EX-24  -  Powers of Attorney executed by members of the Board of Directors of
           Dean Witter Reynolds Inc.


- -------------------------

*    Filed herewith.



                                      -2-
<PAGE>


                                   SIGNATURES


     Pursuant to the requirements of the Securities Act of 1933, the registrant,
Morgan Stanley Dean Witter Select Equity Trust,  Select 5 Industrial  Portfolio
99-4 certifies that it meets all of the requirements  for  effectiveness of this
Registration  Statement pursuant to Rule 485(b) under the Securities Act of 1933
and has duly caused  this  Registration  Statement  or  amendment  thereto to be
signed on its behalf by the undersigned  thereunto duly authorized,  in the City
of New York, and State of New York on the 1st day of July, 1999.

                                    MORGAN STANLEY DEAN WITTER SELECT EQUITY
                                    TRUST SELECT 5 INDUSTRIAL PORTFOLIO 99-4
                                      (Registrant)

                                    By Dean Witter Reynolds Inc.
                                             (Depositor)

                                    By the following persons,* who
                                         constitute a majority of the
                                         Depositor's Board of Directors

                                         Bruce F. Alonso
                                         Richard M. DeMartini
                                         Raymond J. Drop
                                         James F. Higgins
                                         Mitchell M. Merin
                                         Stephen R. Miller
                                         Philip J. Purcell
                                         Thomas C. Schneider


                                    By       /s/ Thomas Hines
                                        __________________________________
                                                 Thomas Hines
                                                (Thomas Hines
                                                 First Vice President,
                                                 as authorized signatory for
                                                 Dean Witter Reynolds Inc. and
                                                 Attorney-in-Fact for the
                                                 persons listed above)
- ---------------------

*    Pursuant to Powers of Attorney previously filed and filed herewith.



                                      -3-






                                                                    Exhibit 24


                                POWER OF ATTORNEY


     KNOW ALL MEN BY THESE  PRESENTS  that the  undersigned,  a director of DEAN
WITTER   REYNOLDS  INC.,  a  Delaware   Corporation   (hereinafter   called  the
Corporation),  hereby  constitutes and appoints  Steven  Massoni,  Thomas Hines,
Michael D. Browne,  and each of them,  my true and lawful  attorneys and agents,
with full power to act  without  the  others,  for me and in my name,  place and
stead, in any and all capacities, to do any and all acts and things, and execute
in my name any and all  instruments,  which said  attorneys  and agents may deem
necessary  or advisable  in order to enable the  Corporation  to comply with the
Securities  Act of  1933  and  the  Investment  Company  Act of  1940,  and  any
requirements  of the Securities and Exchange  Commission in respect  thereof and
any applicable  blue sky laws, in connection  with the  registration  under said
Acts and under said blue sky laws of (i) Units representing all of the undivided
fractional  interests  in Dean  Witter  Select  Municipal  Trust,  Series  1 and
subsequent series;  Dean Witter Select Government Trust, Series 1 and subsequent
series;  Dean Witter Select Equity Trust,  Series 1 and subsequent series;  Dean
Witter Select Corporate Trust, Series 1 and subsequent series and any other Unit
Investment Trusts,  organized under the Investment Company Act of 1940, intended
to invest in  obligations  issued or  guaranteed by the United States of America
and the  agencies  and  instrumentalities  thereof,  obligations  of states  and
municipalities,  and  political  subdivisions  thereof,  equity  securities  and
corporate obligations and securities, and any other security,  obligation, asset
or similar investment and (ii) the aforesaid trust, including specifically power
and  authority  to sign my name  to any and all  Notifications  of  Registration
and/or  Registration  Statements  to be filed with the  Securities  and Exchange
Commission  under  either of said Acts in respect  to such units and trust,  any
amendment (including any post-effective  amendment) or application for amendment
of such  Notifications  of statements,  schedules or any other  documents  filed
therewith,  and to file the same with the  Securities  and  Exchange  Commission
and/or any state;  and I hereby  ratify and confirm all that said  attorneys and
agents and each of them, shall do or cause to be done by virtue hereof.  Any one
of said agents and attorneys  shall have,  and may exercise,  without the other,
all the powers hereby conferred.

Dated:  July 1, 1999

                                                 /s/ Bruce F. Alonso
                                         --------------------------------------
                                                     Bruce F. Alonso


                                      -4-
<PAGE>



                                POWER OF ATTORNEY


     KNOW ALL MEN BY THESE  PRESENTS  that the  undersigned,  a director of DEAN
WITTER   REYNOLDS  INC.,  a  Delaware   Corporation   (hereinafter   called  the
Corporation),  hereby  constitutes and appoints  Steven  Massoni,  Thomas Hines,
Michael D. Browne,  and each of them,  my true and lawful  attorneys and agents,
with full power to act  without  the  others,  for me and in my name,  place and
stead, in any and all capacities, to do any and all acts and things, and execute
in my name any and all  instruments,  which said  attorneys  and agents may deem
necessary  or advisable  in order to enable the  Corporation  to comply with the
Securities  Act of  1933  and  the  Investment  Company  Act of  1940,  and  any
requirements  of the Securities and Exchange  Commission in respect  thereof and
any applicable  blue sky laws, in connection  with the  registration  under said
Acts and under said blue sky laws of (i) Units representing all of the undivided
fractional  interests  in Dean  Witter  Select  Municipal  Trust,  Series  1 and
subsequent series;  Dean Witter Select Government Trust, Series 1 and subsequent
series;  Dean Witter Select Equity Trust,  Series 1 and subsequent series;  Dean
Witter Select Corporate Trust, Series 1 and subsequent series and any other Unit
Investment Trusts,  organized under the Investment Company Act of 1940, intended
to invest in  obligations  issued or  guaranteed by the United States of America
and the  agencies  and  instrumentalities  thereof,  obligations  of states  and
municipalities,  and  political  subdivisions  thereof,  equity  securities  and
corporate obligations and securities, and any other security,  obligation, asset
or similar investment and (ii) the aforesaid trust, including specifically power
and  authority  to sign my name  to any and all  Notifications  of  Registration
and/or  Registration  Statements  to be filed with the  Securities  and Exchange
Commission  under  either of said Acts in respect  to such units and trust,  any
amendment (including any post-effective  amendment) or application for amendment
of such  Notifications  of statements,  schedules or any other  documents  filed
therewith,  and to file the same with the  Securities  and  Exchange  Commission
and/or any state;  and I hereby  ratify and confirm all that said  attorneys and
agents and each of them, shall do or cause to be done by virtue hereof.  Any one
of said agents and attorneys  shall have,  and may exercise,  without the other,
all the powers hereby conferred.


Dated:  July 1, 1999




                                         /s/ Raymond J. Drop
                                        ---------------------------------------
                                             Raymond J. Drop


                                      -5-
<PAGE>


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