GOLD KIST INC
POS AM, 1998-10-30
POULTRY SLAUGHTERING AND PROCESSING
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As filed with the Securities and Exchange Commission on
October 30, 1998
                                   Registration No. 333-36291

              SECURITIES AND EXCHANGE COMMISSION
                    WASHINGTON, D.C.  20549

                        Post-Effective
                        Amendment No. 1
                              to
                           FORM S-2
                    REGISTRATION STATEMENT
                             UNDER
                  THE SECURITIES ACT OF 1933

                        GOLD KIST INC.
    (Exact name of Registrant as specified in its charter)


Georgia                            58-025560
(State or other jurisdiction of    (I.R.S. Employer
incorporation or organization)     Identification No.)

              244 Perimeter Center Parkway, N.E.
                    Atlanta, Georgia  30346
                        (770) 393-5000
(Address, including zip code, and telephone number, including
area code, of Registrant's principal executive offices)

                    Alexander W. Patterson
                       Alston & Bird LLP
                      One Atlantic Center
                  1201 West Peachtree Street
                 Atlanta, Georgia  30309-3424
                        (404) 881-7688

(Name, address, including zip code, and telephone number,
including area code, of agent for service)

                          Copies to:
Peter J. Gibbons                        J. David Dyson
Vice President - Finance                Secretary
Gold Kist Inc.                          Agvestments, Inc.
Post Office Box 2210                    Post Office Box 2210
Atlanta, Georgia  30301                 Atlanta, Georgia
30301

     Approximate date of commencement of proposed sale to the
public:  Not applicable.
     If the only securities being registered on this Form are
being offered pursuant to dividend or interest reinvestment
plans, please check the following box. [  ]
     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.
     If this Form is filed to register additional securities
for an offering pursuant to Rule 462(b) under the Securities
Act, please check the following box and list the Securities
Act registration statement number of the earlier effective
registration statement for the same offering. [  ]_________
     If this Form is a post-effective amendment filed pursuant
to Rule 462(c) under the Securities Act, check the following
box and list the Securities Act registration statement number
of the earlier effective registration statement for the same
offering. [  ] _________
     If delivery of the prospectus is expected to be made
pursuant to Rule 434, please check the following box. [  ]

                       INTRODUCTORY NOTE

     The following securities, which have not been sold, of
Gold Kist Inc., a Georgia corporation (the "Company") are
hereby removed from registration:

$4,668,635 - 8.25% Fifteen Year Subordinated Capital
          Certificates of Interest (Series D)
$3,668,723 - 8.00% Ten Year Subordinated Capital
          Certificates of Interest (Series D)
$9,539,879 - 7.75% Seven Year Subordinated Capital
          Certificates of Interest (Series A)
$3,762,663 - 7.50% Five Year Subordinated Capital
          Certificates of Interest (Series C)
$8,124,784 - 7.00% Three Year Subordinated Capital
          Certificates of Interest (Series A)
$10,260,284 - 6.75% Two Year Subordinated Capital
          Certificates of Interest (Series A)
$1,119,947 - 6.30% One Year Subordinated Loan
          Certificates (Series C)
$29,967,326  - 6.40% One Year Subordinated Large
          Denomination Loan Certificates (Series A)
$12,917,149 - 5.60% Six Month Subordinated Large
          Denomination Loan Certificates (Series A)

This request is made because the Company has completed the
sale of, inter alia, its retail stores division, which had
served as the principle means of distribution of the
securities through its wholly-owned subsidiary and registered
broker/dealer, Agvestments, Inc.  In light of this
disposition, the Company has decided to discontinue its debt
financing program.  Accordingly, this Post-Effective Amendment
No. 1 is being filed in order to remove from registration all
of the unsold securities.

      Pursuant  to the requirements of the Securities  Act  of
1933,  as  amended,  the  registrant  certifies  that  it  has
reasonable  grounds  to  believe that  it  meets  all  of  the
requirements for filing on Form S-2 and has duly  caused  this
Post-Effective  Amendment No. 1 to the Registration  Statement
to  be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Atlanta, State of Georgia, on
October 30, 1998.

                         GOLD KIST INC.

                         By:/s/ G. O. Coan
                         G. O. Coan,
                         Chief Executive Officer
                         (Principal Executive Officer)


     Pursuant to the requirements of the Securities Act of
1933, this Post-Effective Amendment No. 1 to the Registration
Statement has been signed below by the following persons in
the capacities and on the dates indicated.

  /s/ G. O. Coan    Chief Executive          October 30, 1998
G. O. Coan          Officer
                    (Principal Executive
                    Officer)

/s/ Peter J. Gibbons Vice President -        October 30, 1998
Peter J. Gibbons     Finance
                     (Principal Financial
                     Officer)
                    
/s/ W. F. Pohl, Jr. Controller               October  30, 1998
W. F. Pohl, Jr.     (Principal Accounting
                    Officer)

/s/ W. P. Smith, Jr.     Director            October  30, 1998
W. P. Smith, Jr.

/s/ Fred K. Norris, Jr.  Director            October  30, 1998
Fred K. Norris, Jr.

/s/ Dan Smalley          Director            October  30, 1998
Dan Smalley

/s/ Phil Ogletree, Jr.   Director            October  30, 1998
Phil Ogletree, Jr.

/s/ James E. Brady, Jr.  Director            October  30, 1998
James E. Brady, Jr.

/s/ A. Jack Nally        Director            October  30, 1998
A. Jack Nally

/s/ W. Kenneth Whitehead Director            October  30, 1998
W. Kenneth Whitehead

/s/ H. Michael Davis     Director            October  30, 1998
H. Michael Davis

/s/ Herbert A. Daniel, Jr. Director          October  30, 1998
Herbert A. Daniel, Jr.





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