MORGAN STANLEY DEAN WT SEL EQ TR SEL 10 IND PORTFOL 99-6
S-6, 1999-10-05
Previous: MORGAN STANLEY DEAN WT SEL EQ TR SEL 5 IND PORTFO 99-6, S-6, 1999-10-05
Next: STARWOOD FINANCIAL INC, 8-A12B, 1999-10-05





<PAGE>







       Filer:  MORGAN STANLEY DEAN WITTER SELECT EQUITY TRUST

                 SELECT 10 INDUSTRIAL PORTFOLIO 99-6

                 Investment Company Act No. 811-5065

                 SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, D.C.  20549

                              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 10 INDUSTRIAL PORTFOLIO 99-6

        B.  Name of Depositor:

            DEAN WITTER REYNOLDS INC.

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

            DEAN WITTER REYNOLDS INC.
            Two World Trade Center
            New York, New York  10048

        D.  Name and complete address of agents for service:

            MR. MICHAEL D. BROWNE
            DEAN WITTER REYNOLDS INC.
            Unit Trust Department
            Two World Trade Center - 59th Floor
            New York, New York  10048

            Copy to:

            KENNETH W. ORCE, ESQ.
            CAHILL GORDON & REINDEL
            80 Pine Street
            New York, New York  10005

        E.  Total and amount of securities being registered:

            An indefinite number of Units of Beneficial Interest pursu-
            ant to Rule 24f-2 promulgated under the Investment Company
            Act of 1940, as amended

<PAGE>








        F.  Proposed maximum offering price to the public of the
            securities being registered:

            Indefinite

        G.  Amount of filing fee:

            N/A

        H.  Approximate date of proposed sale to public:

            AS SOON AS PRACTICABLE AFTER THE EFFECTIVE DATE OF THE
            REGISTRATION STATEMENT.

            The registrant hereby amends this Registration Statement on
            such date or dates as may be necessary to delay its effec-
            tive date until the registrant shall file a further amend-
            ment 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, acting pursuant to said Section
            8(a), may determine.

<PAGE>

         MORGAN STANLEY DEAN WITTER SELECT EQUITY TRUST,
               SELECT 10 INDUSTRIAL PORTFOLIO 99-6

                      Cross Reference Sheet

             Pursuant to Rule 404(c) of Regulation C
                 under the Securities Act of 1933

           (Form N-8B-2 Items required by Instruction 1
                  as to Prospectus on Form S-6)

Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus

     I.  ORGANIZATION AND GENERAL INFORMATION

1.   (a)  Name of Trust                )  Front Cover
     (b)  Title of securities issued   )

2.   Name and address of Depositor     )  Table of Contents

3.   Name and address of Trustee       )  Table of Contents

4.   Name and address of principal     )  Table of Contents
     Underwriter                       )

5.   Organization of Trust             )  Introduction

6.   Execution and termination of      )  Introduction; Amendment
     Indenture                         )  and Termination of the
                                       )  Indenture

7.   Changes of name                   )  Included in Form
                                          N-8B-2

8.   Fiscal Year                       )  Included in Form
                                          N-8B-2

9.   Litigation                        )  *








_________________________

*    Not applicable, answer negative or not required.

<PAGE>






Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus




     II.  GENERAL DESCRIPTION OF THE TRUST
          AND SECURITIES OF THE TRUST


10.  General Information regarding     )
     Trust's Securities and Rights     )
     of Holders                        )

     (a)  Type of Securities           )  Rights of Unit Holders
          (Registered or Bearer)       )

     (b)  Type of Securities           )  Administration of the
          (Cumulative or Distribu-     )  Trust - Distribution
          tive)                        )

     (c)  Rights of Holders as to      )  Redemption; Public Offer-
          withdrawal or redemption     )  ing of Units -Secondary
                                       )  Market

     (d)  Rights of Holders as to      )  Public Offering of Units
          conversion, transfer, par-   )  - Secondary Market; Ex-
          tial redemption and simi-    )  change Option; Redemp-
          lar matters                  )  tion; Rights of Unit
                                       )  Holders -Certificates
                                       )

     (e)  Lapses or defaults with      )  *
          respect to periodic pay-     )
          ment plan certificates       )

     (f)  Voting rights as to Secu-    )  Rights of Unit Holders -
          rities under the Indenture   )  Certain Limitations;
                                       )  Amendment and Termination
                                       )  of the Indenture

     (g)  Notice to Holders as to      )
          change in:                   )

          (1)  Composition of assets   )  Administration of the
               of Trust                )  Trust - Reports to Unit
                                       )  Holders; The Trust - Sum-
                                       )  mary Description of the
                                       )  Portfolios
          (2)  Terms and Conditions    )  Amendment and Termination
               of Trust's Securities   )  of the Indenture
_________________________

*    Not applicable, answer negative or not required.

<PAGE>






Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus



          (3)  Provisions of Inden-    )  Amendment and Termination
               ture                    )  of the Indenture
          (4) Identity of Depositor    )  Sponsor; Trustee
              and Trustee              )
                                       )
     (h)  Security Holders Consent     )
          required to change:

          (1)  Composition of assets   )  Amendment and Termination
               of Trust                )  of the Indenture
          (2)  Terms and conditions    )  Amendment and Termination
               of Trust's Securities   )  of the Indenture
          (3)  Provisions of Inden-    )  Amendment and Termination
               ture                    )  of the Indenture
          (4)  Identity of Depositor   )  *
               and Trustee             )

     (i)  Other principal features     )  Cover of Prospectus; Tax
          of the Trust's Securities    )  Status

11.  Type of securities comprising     )  The Trust - Summary De-
     units                             )  scription of the Portfo-
                                       )  lios; Objectives and Se-
                                       )  curities Selection; The
                                       )  Trust - Special Consid-
                                       )  erations

12.  Type of securities comprising     )  *
     periodic payment certificates     )

13.  (a)  Load, fees, expenses, etc.   )  Summary of Essential In-
                                       )  formation; Public Offer-
                                       )  ing of Units - Public Of-
                                       )  fering Price; - Profit of
                                       )  Sponsor;
                                       )  - Volume Discount; Ex-
                                       )  penses and Charges

     (b)  Certain information re-      )  *
          garding periodic payment     )
          certificates                 )





_________________________

*    Not applicable, answer negative or not required.

<PAGE>






Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus




     (c)  Certain percentages          )  Summary of Essential In-
                                       )  formation; Public Offer-
                                       )  ing of Units - Public Of-
                                       )  fering Price; - Profit of
                                       )  Sponsor; - Volume Dis-
                                       )  count

     (d)  Price differentials          )  Public Offering of Units
                                       )  - Public Offering Price
                                       )

     (e)  Certain other loads, fees,   )  Rights of Unit Holders -
          expenses, etc. payable by    )  Certificates
          holders

     (f)  Certain profits receivable   )  Redemption - Purchase by
          by depositor, principal      )  the Sponsors of Units
          underwriters, trustee or     )  Tendered for Redemption
          affiliated persons           )

     (g)  Ratio of annual charges to   )  *
          income                       )

14.  Issuance of trust's securities    )  Introduction; Rights of
                                       )  Unit Holders - Certifi-
                                       )  cates

15.  Receipt and handling of pay-      )  Public Offering of Units
     ments from purchasers             )  - Profit of Sponsor
                                       )

16.  Acquisition and disposition of    )  Introduction; Amendment
     underlying securities             )  and Termination of the
                                       )  Indenture; Objectives and
                                       )  Securities Selection; The
                                       )  Trust - Summary Descrip-
                                       )  tion of the Portfolio;
                                       )  Sponsor - Responsibility
                                       )
                                       )





_________________________

*    Not applicable, answer negative or not required.

<PAGE>






Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus




17.  Withdrawal or redemption          )  Redemption; Public Offer-
                                       )  ing of Units - Secondary
                                       )  Market

18.  (a)  Receipt and disposition of   )  Administration of the
          income                       )  Trust; Reinvestment Pro-

                                       )  grams

     (b)  Reinvestment of distribu-    )  Reinvestment Programs
          tions                        )

     (c)  Reserves or special fund     )  Administration of the
                                       )  Trust - Distribution

     (d)  Schedule of distribution     )  *

19.  Records, accounts and report      )  Administration of the
                                       )  Trust - Records and Ac-
                                       )  counts; - Reports to Unit
                                       )  Holders

20.  Certain miscellaneous provi-      )  Amendment and Termination
     sions of the trust agreement      )  of the Indenture; Sponsor
                                       )  - Limitation on Liability
                                       )  - Resignation; Trustee
                                       )  - Limitation on Liability
                                       )  - Resignation

21.  Loans to security holders         )  *

22.  Limitations on liability of de-   )  Sponsor, Trustee; Evalua-
     positor, trustee, custodian,      )  tor - Limitation on Li-
     etc.                              )  ability

23.  Bonding arrangements              )  Included on Form
                                       )  N-8B-2

24.  Other material provisions of      )  *
     the trust agreement               )






_________________________

*    Not applicable, answer negative or not required.

<PAGE>






Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus




     III.  ORGANIZATION PERSONNEL AND
          AFFILIATED PERSONS OF DEPOSITOR

25.  Organization of Depositor         )  Sponsor

26.  Fees received by Depositor        )  Expenses and Charges -
                                       )  fees; Public Offering of
                                       )  Units - Profit of Sponsor
                                       )

27.  Business of Depositor             )  Sponsor and Included in
                                       )  Form N-8B-2

28.  Certain information as to offi-   )  Included in Form
     cials and affiliated persons of   )  N-8B-2
     Depositor                         )

29.  Voting securities of Depositor    )  Included in Form
                                       )  N-8B-2

30.  Persons controlling Depositor     )  *

31.  Compensation of Officers and      )  *
     Directors of Depositor            )

32.  Compensation of Directors of      )  *
     Depositor                         )

33.  Compensation of employees of      )  *
     Depositor                         )

34.  Remuneration of other persons     )  *
     for certain services rendered     )
     to trust                          )

     IV.  DISTRIBUTION AND REDEMPTION OF SECURITIES

35.  Distribution of trust's securi-   )  Public Offering of Units
     ties by states                    )  - Public Distribution

36.  Suspension of sales of trust's    )  *
     securities                        )

37.  Revocation of authority to dis-   )  *
     tribute                           )


_________________________

*    Not applicable, answer negative or not required.

<PAGE>






Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus











_________________________

*    Not applicable, answer negative or not required.

<PAGE>






Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus




38.  (a)  Method of distribution       )  Public Offering of Units
     (b)  Underwriting agreements      )
     (c)
  Selling agreements           )

39.  (a)  Organization of principal    )  Sponsor
          underwriter                  )
     (b)  N.A.S.D. membership of       )
          principal underwriter        )

40.  Certain fees received by prin-    )  Public Offering of Units
     cipal underwriter                 )  - Profit of Sponsor
                                       )

41.  (a)  Business of principal un-    )  Sponsor
          derwriter                    )

     (b)  Branch offices of princi-    )  *
          pal underwriter              )

     (c)  Salesman of principal un-    )  *
          derwriter                    )

42.  Ownership of trust's securities   )  *
     by certain persons                )

43.  Certain brokerage commissions     )  *
     received by principal under-      )
     writer                            )

44.  (a)  Method of valuation          )  Public Offering of Units
     (b)  Schedule as to offering      )  *
          price                        )
     (c)  Variation in offering        )  Public Offering of Units
          price to certain persons     )  - Volume Discount; Ex-
                                       )  change Option

45.  Suspension of redemption rights   )  *

46.  (a)  Redemption valuation         )  Public Offering of Units
                                       )  - Secondary Market; Re-
                                       )  demption
     (b)  Schedule as to redemption    )  *
          price                        )


_________________________

*    Not applicable, answer negative or not required.

<PAGE>






Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus




47.  Maintenance of position in un-    )  See items 10(d), 44 and
     derlying securities               )
  46

     V.  INFORMATION CONCERNING THE TRUSTEE OR CUSTODIAN

48.  Organization and regulation of    )  Trustee
     Trustee                           )

49.  Fees and expenses of Trustee      )  Expenses and Charges

50.  Trustee's lien                    )  Expenses and Charges

     VI.  INFORMATION CONCERNING INSURANCE
          OF HOLDERS OF SECURITIES

51.  (a)  Name and address of Insur-   )  *
          ance Company                 )
     (b)  Type of policies             )  *
     (c)  Type of risks insured and    )  *
          excluded                     )
     (d)  Coverage of policies         )  *
     (e)  Beneficiaries of policies    )  *
     (f)  Terms and manner of can-     )  *
          cellation                    )
     (g)  Method of determining pre-   )  *
          miums                        )
     (h)  Amount of aggregate premi-   )  *
          ums paid                     )
     (i)  Persons receiving any part   )  *
          premiums                     )

     (j)  Other material provisions    )  *
          of the Trust relating to     )
          insurance                    )

     VII.  POLICY OF REGISTRANT

52.  (a)  Method of selecting and      )  Introduction; Objectives
          eliminating securities       )  and Securities Selection;
          from the Trust               )  The Trust - Summary De-
                                       )  scription of the Portfo-
                                       )  lio; Sponsor - Responsi-
                                       )  bility
     (b)  Elimination of securities    )  *
          from the Trust               )

_________________________

*    Not applicable, answer negative or not required.

<PAGE>






Form N-8B-2                               Form S-6
Item Number                               Heading in Prospectus




     (c)  Substitution and elimina-    )  Introduction; Objectives
          tion of securities from      )  and Securities Selection;
          the Trust                    )  Sponsor - Responsibility
     (d)  Description of any funda-    )  *
          mental policy of the Trust   )

53.  Taxable status of the Trust       )  Cover of Prospectus; Tax
                                       )  Status

     VIII.  FINANCIAL AND STATISTICAL INFORMATION

54.  Information regarding the         )  *
     Trust's past ten fiscal years     )

55.  Certain information regarding     )  *
     periodic payment plan certifi-    )
     cates                             )

56.  Certain information regarding     )  *
     periodic payment plan certifi-    )
     cates                             )

57.  Certain information regarding     )  *
     periodic payment plan certifi-    )
     cates                             )

58.  Certain information regarding     )  *
     periodic payment plan certifi-    )
     cates                             )

59.  Financial statements              )  Statement of Financial
     (Instruction 1(c) to Form S-6)    )  Condition




_________________________

*    Not applicable, answer negative or not required.

<PAGE>

                SUBJECT TO COMPLETION OCTOBER 5, 1999



           MORGAN STANLEY DEAN WITTER SELECT EQUITY TRUST
                 SELECT 10 INDUSTRIAL PORTFOLIO 99-6
                      A "UNIT INVESTMENT TRUST"




             The attached final prospectus for Morgan Stanley Dean
   Witter Select Equity Trust, Select 10 Industrial Portfolio 99-5
   is hereby used as a preliminary prospectus for Morgan Stanley
   Dean Witter Select Equity Trust, Select 10 Industrial Portfolio
   99-6.  The narrative information relating to the operation of
   this Series and the structure of the final prospectus for this
   Series will be substantially the same as that set forth in the
   attached prospectus.  Information with respect to pricing, the
   number of units, dates and summary information regarding the
   characteristics of securities to be deposited in this Series is
   not now available and will be different from that included in
   the attached final prospectus since each Series has a unique
   Portfolio.  Accordingly, the information contained herein with
   regard to the previous Series should be considered as being in-
   cluded for informational purposes only.

             Investors should contact account executives of the
   Sponsor who will be informed of the expected effective date of
   this Series and who will be supplied with complete information
   with respect to such Series on the date of the effectiveness of
   the registration statement relating to Units of this Series.

             OFFERS TO SELL OR THE SOLICITATION OF ORDERS TO BUY
   MAY ONLY BE MADE IN THOSE JURISDICTIONS IN WHICH THE SECURITIES
   OF A TRUST HAVE BEEN REGISTERED.  INVESTORS SHOULD CONTACT
   ACCOUNT EXECUTIVES OF THE SPONSOR TO DETERMINE WHETHER THE
   SECURITIES OF A PARTICULAR TRUST HAVE BEEN REGISTERED FOR SALE
   IN THE STATE IN WHICH THEY RESIDE.

             INFORMATION CONTAINED HEREIN IS SUBJECT TO COMPLETION
   OR AMENDMENT.  A REGISTRATION STATEMENT RELATING TO THESE
   SECURITIES HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE
   COMMISSION.  THESE SECURITIES MAY NOT BE SOLD NOR MAY OFFERS TO
   BUY THEM BE ACCEPTED PRIOR TO THE TIME THE REGISTRATION
   STATEMENT BECOMES EFFECTIVE.  THIS PROSPECTUS SHALL NOT
   CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO
   BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY
   STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE

   UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE
   SECURITIES LAWS OF ANY SUCH STATE.




<PAGE>

           MORGAN STANLEY DEAN WITTER SELECT EQUITY TRUST,
                 SELECT 10 INDUSTRIAL PORTFOLIO 99-5

             The prospectus dated September 1, 1999, File No. 333-
   84653, is hereby incorporated by reference herein.

<PAGE>



PART II.  ADDITIONAL INFORMATION NOT REQUIRED IN PROSPECTUS


                 CONTENTS OF REGISTRATION STATEMENT

          This registration statement on Form S-6 comprises the fol-
lowing documents:

          The facing sheet.

          The Cross Reference Sheet.

          The Prospectus.

          The signatures.

          Listed below is the name and registration number of a pre-
vious Series of Select Equity Trust, the final prospectus of which,
properly supplemented, is used as a preliminary prospectus for Mor-
gan Stanley Dean Witter Select Equity Trust, Select 10 Industrial
Portfolio 99-6.  This prior final prospectus is incorporated herein
by reference.

          Morgan Stanley Dean Witter Select Equity Trust,
          Select 10 Industrial Portfolio 99-5
          (Registration No. 333-84653)

          Written consents of the following persons:

               .  Cahill Gordon & Reindel (included in Exhibit 5)

               .  Deloitte & Touche LLP

The following Exhibits:

     ***EX-3(i)     Certificate of Incorporation of Dean Witter
                    Reynolds Inc.

     ***EX-3(ii)    By-Laws of Dean Witter Reynolds Inc.

       *EX-4.1      Trust Indenture and Agreement, dated Sep-
                    tember 30, 1993.

      **EX-4.2      Draft of Reference Trust Agreement.

    ****EX-5        Opinion of counsel as to the legality of
                    the securities being registered.

    ****EX-23.1     Consent of Independent Auditors.

    ****EX-23.2     Consent of Cahill Gordon & Reindel
                    (included in Exhibit 5).

___________________________

*     The Trust Indenture and Agreement is incorporated by refer-
      ence to exhibit of same designation filed with the Securities
      and Exchange Commission as an exhibit to the Registration
      Statement of Dean Witter Select Equity Trust, Selected Oppor-
      tunities Series 18, Registration number 33-50105 and as

<PAGE>



      amended and filed as an exhibit to Dean Witter Select Equity
      Trust, Select 10 Industrial Portfolio 98-1, Registration num-
      ber 333-41785.
**    Filed herewith.
***   Incorporated by reference to exhibit of same designation
      filed with the Securities and Exchange Commission as an ex-
      hibit to the Registration Statement of Sears Tax-Exempt In-
      vestment Trust, Insured Long Term Series 33 and Long Term Mu-
      nicipal Portfolio Series 106, Registration numbers 33-38086
      and 33-37629, respectively.
****  To be filed by amendment.

<PAGE>

                             SIGNATURES

             Pursuant to the requirements of the Securities Act of
   1933, the registrant, Morgan Stanley Dean Witter Select Equity
   Trust, Select 10 Industrial Portfolio 99-6, has duly caused
   this Registration Statement to be signed on its behalf by the
   undersigned, thereunto duly authorized, all in the City of New
   York and State of New York on the 5th day of October, 1999.

                            MORGAN STANLEY DEAN WITTER SELECT EQUITY
                            TRUST,
                            SELECT 10 INDUSTRIAL PORTFOLIO 99-6
                            (Registrant)

                            By:  Dean Witter Reynolds Inc.
                                 (Depositor)



                                 /s/Thomas Hines
                                 Thomas Hines
                                 Authorized Signatory

<PAGE>

             Pursuant to the requirements of the Securities Act of
   1933, this Registration Statement has been signed on behalf of
   Dean Witter Reynolds Inc., the Depositor, by the following per-
   son in the following capacities and by the following persons
   who constitute a majority of the Depositor's Board of Directors
   in the City of New York, and State of New York, on this 5th day
   of October, 1999.

                            DEAN WITTER REYNOLDS INC.

   Name                          Office

   Philip J. Purcell             Chairman & Chief    )
                                 Executive Officer   )
                                 and Director***     )
   Bruce F. Alonso               Director****
   Richard M. DeMartini          Director***
   Raymond J. Drop               Director****
   James F. Higgins              Director***
   Mitchell M. Merin             Director*
   Stephen R. Miller             Director***
   Thomas C. Schneider           Director**

                                 By:  /s/Thomas Hines
                                      Thomas Hines
                                      Attorney-in-fact*, **, ***,
                                      ****
   __________________________

   *    Executed copies of the Powers of Attorney have been filed
        with the Securities and Exchange Commission in connection
        with Amendment No. 1 to the Registration Statement on Form
        S-6 for Dean Witter Select Equity Trust, Select 10 Indus-
        trial Portfolio 97-1, File No. 333-16839.

   **   Executed copies of Powers of Attorney have been filed with
        the Securities and Exchange Commission in connection with
        Amendment No. 1 to the Registration Statement on Form S-6
        for Dean Witter Select Equity Trust, Select 10 Industrial
        Portfolio 96-4, File No. 333-10499.

   ***  Executed copies of Powers of Attorney have been filed with
        the Securities and Exchange Commission in connection with
        the Registration Statement on Form S-6 for Dean Witter Se-
        lect Equity Trust, Select 10 International Series 95-1,
        File No. 33-56389.

   **** Executed copies of Powers of Attorney have been filed with
        the Securities and Exchange Commission in connection with

<PAGE>

        Post-Effective Amendment No. 1 to Form S-6 for Morgan
        Stanley Dean Witter Select Equity Trust, Select 10 Indus-
        trial Portfolio 99-4, File No. 333-79905.

<PAGE>

                            Exhibit Index
                                    To
                                 Form S-6
                          Registration Statement
                     Under the Securities Act of 1933

   Exhibit No.         Document

        ***EX-3(i)     Certificate of Incorporation of Dean Witter
                       Reynolds Inc.

        ***EX-3(ii)    By-Laws of Dean Witter Reynolds Inc.

          *EX-4.1      Trust Indenture and Agreement, dated Sep-
                       tember 30, 1993.

         **EX-4.2      Draft of Reference Trust Agreement.

       ****EX-5        Opinion of counsel as to the legality of
                       the securities being registered.

       ****EX-23.1     Consent of Independent Auditors.

       ****EX-23.2     Consent of Cahill Gordon & Reindel
                       (included in Exhibit 5).

   ___________________________

   *     The Trust Indenture and Agreement is incorporated by
         reference to exhibit of same designation filed with the
         Securities and Exchange Commission as an exhibit to the
         Registration Statement of Dean Witter Select Equity
         Trust, Selected Opportunities Series 18, Registration
         number 33-50105 and as amended and filed as an exhibit
         to Dean Witter Select Equity Trust, Select 10 Industrial
         Portfolio 98-1, Registration number 333-41785.


   **   Filed herewith.

   ***  Incorporated by reference to exhibit of same designation
        filed with the Securities and Exchange Commission as an
        exhibit to the Registration Statement of Sears Tax-Exempt
        Investment Trust, Insured Long Term Series 33 and Long
        Term Municipal Portfolio Series 106, Registration numbers
        33-38086 and 33-37629, respectively.

   **** To be filed by amendment.


<PAGE>






                             Exhibit 4.2

<PAGE>


           MORGAN STANLEY DEAN WITTER SELECT EQUITY TRUST
                 SELECT 10 INDUSTRIAL PORTFOLIO 99-6
                      REFERENCE TRUST AGREEMENT

             This Reference Trust Agreement dated           , 1999
   between DEAN WITTER REYNOLDS INC., as Depositor, and The Bank
   of New York, as Trustee, sets forth certain provisions in full
   and incorporates other provisions by reference to the document
   entitled "Dean Witter Select Equity Trust, Trust Indenture and
   Agreement" (the "Basic Agreement") dated September 30, 1993.
   Such provisions as are incorporated by reference constitute a
   single instrument (the "Indenture").

                          WITNESSETH THAT:

             In consideration of the premises and of the mutual
   agreements herein contained, the Depositor and the Trustee
   agree as follows:

                                 I.

               STANDARD TERMS AND CONDITIONS OF TRUST

             Subject to the provisions of Part II hereof, all the
   provisions contained in the Basic Agreement are herein incorpo-
   rated by reference in their entirety and shall be deemed to be
   a part of this instrument as fully and to the same extent as
   though said provisions had been set forth in full in this in-
   strument except that the Basic Agreement is hereby amended as
   follows:

             A.   The first sentence of Section 2.01 is amended to
        add the following language at the end of such sentence:
        "and/or cash (or a letter of credit in lieu of cash) with
        instructions to the Trustee to purchase one or more of
        such Securities which cash (or cash in an amount equal to
        the face amount of the letter of credit), to the extent
        not used by the Trustee to purchase such Securities within
        the 90-day period following the first deposit of Securi-
        ties in the Trust, shall be distributed to Unit Holders on
        the Distribution Date next following such 90-day period or
        such earlier date as the Depositor and the Trustee deter-
        mine".

             B.   The first sentence of Section 2.06 is amended to
        add the following language after "Securities"))": "and/or
        cash (or a letter of credit in lieu of cash) with

<PAGE>

        instructions to the Trustee to purchase one or more Addi-

        tional Securities which cash (or cash in an amount equal
        to the face amount of the letter of credit), to the extent
        not used by the Trustee to purchase such Additional Secu-
        rities within the 90-day period following the first de-
        posit of Securities in the Trust, shall be distributed to
        Unit Holders on the Distribution Date next following such
        90-day period or such earlier date as the Depositor and
        the Trustee determine".

             C.   Article III, entitled "Administration of Trust",
        Section 3.01 Initial Cost shall be amended as follows:

                  (i)  the first part of the first sentence of
             Section 3.01 Initial Cost shall be amended to substi-
             tute the following language before the phrase
             "provided, however":

                       "With respect to the Trust, the cost of the
                  preparation, printing and execution of the Cer-
                  tificates, Indenture, Registration Statement and
                  other documents relating to the Trust, Federal
                  and State registration fees and costs, the ini-
                  tial fees and expenses of the Trustee, legal and
                  auditing expenses and other out-of-pocket organ-
                  izational expenses, to the extent not borne by
                  the Sponsor, shall be paid by the Trust;"

             D.   The third paragraph of Section 3.05 is hereby
        amended to add the following sentence after the first sen-
        tence thereof:  "Depositor may direct the Trustee to in-
        vest the proceeds of any sale of Securities not required
        for the redemption of Units in eligible money market in-
        struments selected by the Depositor which will include
        only negotiable certificates of deposit or time deposits
        of domestic banks which are members of the Federal Deposit
        Insurance Corporation and which have, together with their
        branches or subsidiaries, more than $2 billion in total
        assets, except that certificates of deposit or time depos-
        its of smaller domestic banks may be held provided the de-
        posit does not exceed the insurance coverage on the in-
        strument (which currently is $100,000), and provided fur-
        ther that the Trust's aggregate holding of certificates of
        deposit or time deposits issued by the Trustee may not ex-
        ceed the insurance coverage of such obligations and U.S.
        Treasury notes or bills (which shall be held until the ma-
        turity thereof) each of which matures prior to the earlier
        of the next following Distribution Date or 90 days after

<PAGE>

        receipt, the principal thereof and interest thereon (to
        the extent such interest is not used to pay Trust ex-
        penses) to be distributed on the  earlier of the 90th day
        after receipt or the next following Distribution Date."

             E.   The first sentence of each of Sections 3.10,
        3.11 and 3.12 is amended to insert the following language
        at the beginning of such sentence, "Except as otherwise
        provided in Section 3.13,".

             F.   The following new Section 3.13 is added:

             Section 3.13.  Extraordinary Event - Security Reten-
        tion and Voting.  In the event the Trustee is notified of
        any action to be taken or proposed to be taken by holders
        of the securities held by the Trust in connection with any
        proposed merger, reorganization, spin-off, split-off or
        split-up by the issuer of stock or securities held in the
        Trust, the Trustee shall take such action or refrain from
        taking any action, as appropriate,  so as to insure that
        the securities are voted as closely as possible in the
        same manner and in the same general proportion as are the
        securities held by owners other than the Trust.  If stock
        or securities are received by the Trustee, with or without
        cash, as a result of any merger, reorganization, spin-off,
        split-off or split-up by the issuer of stock or securities
        held in the Trust, the Trustee at the direction of the De-
        positor may retain such stock or securities in the Trust.
        Neither the Depositor nor the Trustee shall be liable to
        any person for any action or failure to take action with
        respect to this section.

             G.   Section 1.01 is amended to add the following
        definition:  (9) "Deferred Sales Charge" shall mean any
        deferred sales charge payable in accordance with the pro-
        visions of Section 3.12 hereof, as set forth in the pro-
        spectus for a Trust.  Definitions following this defini-
        tion (9) shall be renumbered.

             H.   Section 3.05 is hereby amended to add the fol-
        lowing paragraph after the end thereof:  On each Deferred
        Sales Charge payment date set forth in the prospectus for
        a Trust, the Trustee shall pay the account created pursu-
        ant to Section 3.12 the amount of the Deferred Sales
        Charge payable on each such date as stated in the prospec-
        tus for a Trust.  Such amount shall be withdrawn from the
        Principal Account from the amounts therein designated for
        such purpose.

<PAGE>

             I.   Section 3.06B(3) shall be amended by adding the
        following:  "and any Deferred Sales Charge paid".

             J.   Section 3.08 shall be amended by adding the fol-
        lowing at the end thereof:  "In order to pay the Deferred
        Sales Charge, the Trustee shall sell or liquidate an
        amount of Securities at such time and from time to time
        and in such manner as the Depositor shall direct such that
        the proceeds of such sale or liquidation shall equal the
        amount required to be paid to the Depositor pursuant to
        the Deferred Sales Charge program as set forth in the pro-
        spectus for a Trust.

             K.   Section 3.12 shall be added as follows:

             Section 3.12.  Deferred Sales Charge.  If the pro-
        spectus for a Trust specifies a Deferred Sales Charge, the
        Trustee shall, on the dates specified in and as permitted
        by the prospectus, withdraw from the Income Account if
        such account is designated in the prospectus as the source
        of the payments of the Deferred Sales Charge, or to the
        extent funds are not available in that account or if such
        account is not so designated, from the Principal Account,
        an amount per Unit specified in the prospectus and credit
        such amount to a special, non-Trust account maintained at
        the Trustee out of which the Deferred Sales Charge will be
        distributed to the Depositor.  If the Income Account is
        not designated as the source of the Deferred Sales Charge
        payment or if the balances in the Income and Principal Ac-
        counts are insufficient to make any such withdrawal, the
        Trustee shall, as directed by the Depositor, either ad-
        vance funds, if so agreed to by the Trustee, in an amount
        equal to the proposed withdrawal and be entitled to reim-
        bursement of such advance upon the deposit of additional
        monies in the Income Account or the Principal Account,
        sell Securities and credit the proceeds thereof to such
        special Depositor's account or credit Securities in kind
        to such special Depositor's Account.  Such directions
        shall identify the Securities, if any, to be sold or dis-
        tributed in kind and shall contain, if the Trustee is di-
        rected by the Depositor to sell a Security, instructions
        as to execution of such sales.  If a Unit Holder redeems
        Units prior to full payment of the Deferred Sales Charge,
        the Trustee shall, if so provided in the prospectus, on
        the Redemption Date, withhold from the Redemption Price
        payment to such Unit Holder an amount equal to the unpaid
        portion of the Deferred Sales Charge and distribute such
        amount to such special Depositor's account or, if the

<PAGE>

        Depositor shall purchase such Unit pursuant to the terms

        of Section 5.02 hereof, the Depositor shall pay the Re-
        demption Price for such Unit less the unpaid portion of
        the Deferred Sales Charge.  The Depositor may at any time
        instruct the  Trustee to distribute to the Depositor cash
        or Securities previously credited to the special Deposi-
        tor's account.

             L.   Reference to "Dean Witter Select Equity Trust"
        is replaced by "Morgan Stanley Dean Witter Select Equity
        Trust".

                                 II.

                SPECIAL TERMS AND CONDITIONS OF TRUST

             The following special terms and conditions are hereby
   agreed to:

             A.   The Trust is denominated Morgan Stanley Dean
   Witter Select Equity Trust, Select 10 Industrial Portfolio 99-6
   (the "Select 10 Trust").

             B.   The publicly traded stocks listed in Schedule A
   hereto are those which, subject to the terms of this Indenture,
   have been or are to be deposited in trust under this Indenture.

             C.   The term, "Depositor" shall mean Dean Witter
   Reynolds Inc.

             D.   The aggregate number of Units referred to in
   Sections 2.03 and 9.01 of the Basic Agreement is        for the
   Select 10 Trust.

             E.   A Unit is hereby declared initially equal to
   1/      th for the Select 10 Trust.

             F.   The term "In-Kind Distribution Date" shall mean
              , 2001.

             G.   The term "Record Dates" shall mean            ,
   2000,              , 2000,             , 2000 and            ,
   2001 and such other date as the Depositor may direct.

             H.   The term "Distribution Dates shall mean
     , 2000,             , 2000,              , 2000 and
     , 2001 and such other date as the Depositor may direct.


<PAGE>

             I.   The term "Termination Date" shall mean        ,
   2001.

             J.   The Depositor's Annual Portfolio Supervision Fee
   shall be a maximum of $0.25 per 100 Units.

             K.   The Trustee's Annual Fee as defined in Section
   6.04 of the Indenture shall be $     per 100 Units.

             L.   For a Unit Holder to receive "in-kind" distribu-
   tion during the life of the Trust other than in connection with
   a rollover, such Unit Holder must tender at least 25,000 Units
   for redemption.  On the In-Kind Date there is no minimum amount
   of Units that a Unit Holder must tender in order to receive an
   "in-kind" distribution.

             M.   The Indenture is amended to provide that the pe-
   riod during which the Trustee shall liquidate the Trust Securi-
   ties shall not exceed 14 business days commencing on the first
   business day following the In-Kind Date.

         (Signatures and acknowledgments on separate pages)



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission