PARK COMMUNICATIONS INC
S-8 POS, 1995-06-09
NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING
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<PAGE>
 
                                                      Registration No. 33-60238

================================================================================


                      SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C.  20549
                                  __________

                        Post-Effective Amendment No. 1
                                      to
                                   Form S-8
                            Registration Statement
                                    Under
                          The Securities Act of 1933
                                  __________

                          PARK COMMUNICATIONS, INC.
            (Exact name of registrant as specified in its charter)

           Delaware                                    16-0986694
(State or other jurisdiction of          (I.R.S. Employer Identification Number)
 incorporation or organization)

              Terrace Hill
            Ithaca, New York                              14850
(Address of principal executive offices)               (Zip Code)

                          PARK COMMUNICATIONS, INC.
                         EMPLOYEE STOCK PURCHASE PLAN
                           (Full title of the plan)


                               Wright M. Thomas
                          Park Communications, Inc.
                                 Terrace Hill
                           Ithaca, New York  14850
                   (Name and address of agent for service)

                                (607) 272-9020
        (Telephone number, including area code, of agent for service)
<PAGE>
 
                                REMOVAL FROM REGISTRATION

              The sole purpose of this Post-Effective Amendment No. 1 to this
Registration Statement No. 33-60238 is to remove from registration the
securities covered by this Registration Statement that remain unsold.  In
accordance with the undertakings of Park Communications, Inc. (the
"Registrant") included in this Registration Statement, pursuant to Item
512(a)(3) of Regulation S-K, the Registrant hereby removes from registration
the 81,250 shares of common stock, $.16 2/3 par value per share, of the
Registrant, which constitute all of the unsold securities covered by the
Registration Statement.
<PAGE>
 
                                  SIGNATURES


              Pursuant to the requirements of the Securities Act of 1933, as
amended, the registrant has duly caused this post-effective amendment to
registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Ithaca, State of New York, on June 9, 1995.


                                  PARK COMMUNICATIONS, INC. 


                                  By:  /s/ Wright M. Thomas                
                                       ----------------------------
                                       Wright M. Thomas, President



              Pursuant to the requirements of the Securities Act of 1933, as
amended, this post-effective amendment to registration statement has been
signed by the following persons in the capacities and on the dates indicated.


   Signature                              Title                        Date
   ---------                              -----                        ----
                                                                           
/s/ Wright M. Thomas                    President
- --------------------            (Principal Executive Officer)     June 9, 1995
Wright M. Thomas                   


/s/ Randel N. Stair              Vice President and Treasurer
- --------------------             (Principal Financial Officer
Randel N. Stair                and Principal Accounting Officer)  June 9, 1995
                                 

/s/ Gary B. Knapp                       Director                  June 9, 1995
- --------------------
Gary B. Knapp                                                        


/s/ Donald R. Tomlin, Jr.               Director                  June 9, 1995
- -------------------------
Donald R. Tomlin, Jr.                                                


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