IDAHO POWER CO
S-8 POS, 1994-12-16
ELECTRIC SERVICES
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                                                Registration No. 2-99567
          =================================================================

                          SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C.  20549

                              --------------------------- 
                            POST-EFFECTIVE AMENDMENT NO. 2
                                          TO
                                       FORM S-8
                                REGISTRATION STATEMENT
                                        Under
                              THE SECURITIES ACT OF 1933

                              ---------------------------                  
                                 IDAHO POWER COMPANY
                            (Exact name of registrant as 
                              specified in its charter)

                              --------------------------- 
                     Idaho                                       82-0130980
          (State or other jurisdiction                     (I.R.S. Employer
          of incorporation or organization)             Identification No.)

                                1221 West Idaho Street
                                     P.O. Box 70
                                 Boise, Idaho  83702

             (Address, including zip code, of principal executive office)

                                 IDAHO POWER COMPANY
                            EMPLOYEE STOCK OWNERSHIP PLAN
                                 (Full Title of Plan)

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

                                PAUL L. JAUREGUI, ESQ.
                                    Vice President
                                 Idaho Power Company
                                1221 West Idaho Street
                               Boise, Idaho  83702-5627
                                    (208) 383-2200

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

                             ---------------------------
                                      Copies to:
                              Elizabeth W. Powers, Esq.
                                    Reid & Priest
                                 40 West 57th Street
                                 New York, NY  10019
                                                    
          ================================================================ 


          <PAGE>


                                 IDAHO POWER COMPANY

                            EMPLOYEE STOCK OWNERSHIP PLAN

                                       PART II

                             INFORMATION REQUIRED IN THE
                                REGISTRATION STATEMENT



                    The Company hereby withdraws from registration the
          313,884 shares of Common Stock remaining under this Registration
          Statement because it has merged the Employee Stock Ownership Plan
          into the Employee Savings Plan.


          <PAGE>


                                  POWER OF ATTORNEY

                                      SIGNATURES

                    The Registrant.  Pursuant to the requirements of the
                    --------------
          Securities Act of 1933, the registrant certifies that it has
          reasonable ground to believe that it meets all of the
          requirements for filing on Form S-8 and has duly caused this
          Post-Effective Amendment to the Registration Statement to be
          signed on its behalf by the undersigned, thereunto duly
          authorized, in the City of Boise and State of Idaho, on the
          15th day of December, 1994.

                                             IDAHO POWER COMPANY

                                             By /s/ Joseph W. Marshall     
                                                ---------------------------
                                                Joseph W. Marshall
                                                Chairman of the Board
                                                and Chief Executive Officer

                    Pursuant to the requirements of the Securities Act of
          1933, this Post-Effective Amendment to the Registration Statement
          has been signed by the following persons in the capacities and on
          the date indicated.
                             
          Signature                Title                  Date
          ---------                -----                  ----

          /s/ Joseph W. Marshall   Chairman of the Board  December 15, 1994
          ----------------------   and Chief Executive
          Joseph W. Marshall       Officer

          /s/ Larry R. Gunnoe      President, Chief       December 15, 1994
          ----------------------   Operating Officer and
          Larry R. Gunnoe          Director

          /s/ J. LaMont Keen       Vice President and     December 15, 1994
          ----------------------   Chief Financial Officer
          J. LaMont Keen

          /s/ Harold J. Hochhalter Controller and Chief   December 15, 1994
          ------------------------ Accounting Officer
          Harold J. Hochhalter

          /s/ Robert D. Bolinder   Director               December 15, 1994
          ----------------------
          Robert D. Bolinder

          /s/ Roger L. Breezley    Director               December 15, 1994
          ----------------------
          Roger L. Breezley

          /s/ John B. Carley       Director               December 15, 1994
          ----------------------
          John B. Carley

          /s/ George L. Coiner     Director               December 15, 1994
          ----------------------
          George L. Coiner

          /s/ Peter T. Johnson     Director               December 15, 1994
          ----------------------
          Peter T. Johnson

          /s/ Evelyn Loveless      Director               December 15, 1994
          ----------------------
          Evelyn Loveless

          /s/ James A. McClure     Director               December 15, 1994
          ----------------------
          James A. McClure

          /s/ Jon H. Miller        Director               December 15, 1994
          ----------------------
          Jon H. Miller

          /s/ Richard T. Norman    Director               December 15, 1994
          ----------------------
          Richard T. Norman

          /s/ Gene C. Rose         Director               December 15, 1994
          ----------------------
          Gene C. Rose

          /s/ Phil Soulen          Director               December 15, 1994
          ----------------------
          Phil Soulen


          <PAGE>


                    The Plan.  Pursuant to the requirements of the
                    --------
          Securities Act of 1933, the members of the Idaho Power Company
          Employee Stock Ownership Plan Committee have duly caused this
          Post-Effective Amendment to the Registration Statement to be
          signed on their behalf by the undersigned, thereunto duly
          authorized, in the City of Boise and State of Idaho, on the
          15th day of December, 1994.

                                       IDAHO POWER COMPANY                 
                                       EMPLOYEE STOCK OWNERSHIP PLAN       

                                       By /s/ Daniel K. Bowers       
                                          --------------------------
                                          Daniel K. Bowers                 
                                          (Chairman of Committee and       
                                          Plan Administrator)



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