BOWATER INC
S-8 POS, 1996-06-20
PAPER MILLS
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<PAGE>   1
                      SECURITIES AND EXCHANGE COMMISSION          NO. 333-02989
                            WASHINGTON, DC 20549
                          ________________________

                               POST-EFFECTIVE
                             AMENDMENT NO. 1 TO

                                  FORM S-8
                           REGISTRATION STATEMENT
                                    UNDER
                         THE SECURITIES ACT OF 1933
                            _____________________

                            BOWATER INCORPORATED
           (Exact name of registrant as specified in its charter)

          DELAWARE                                     62-0721803
(State or other jurisdiction                        (I.R.S. Employer
of incorporation)                                  Identification No.)

     55 EAST CAMPERDOWN WAY, P.O. BOX 1028
     GREENVILLE, SOUTH CAROLINA                           29602
     (Address of Principal Executive Offices)           (Zip Code)

    BOWATER INCORPORATED/CAROLINA DIVISION HOURLY EMPLOYEES' SAVINGS PLAN
                          (Full title of the Plan)

                           Wendy C. Shiba, Esquire
                   Secretary and Assistant General Counsel
                            Bowater Incorporated
                    55 East Camperdown Way, P.O. Box 1028
                      Greenville, South Carolina 29602
                   (Name and address of agent for service)

                               (864) 271-7733
        (Telephone number, including area code of agent for service)

        Bowater Incorporated hereby amends the Registration Statement on 
Form S-8 (Registration No. 333-02989) (the "Registration Statement") to 
terminate the registration because all securities registered thereunder have 
been sold.

<PAGE>   2
                                 SIGNATURES

        The Registrant.  Pursuant to the requirements of the Securities Act of
1933, the Registrant certifies that it has duly caused this Post-Effective
Amendment No. 1 to the Registration Statement on Form S-8 (Registration No.
333-02989) to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Greenville, State of South Carolina, on the 20th  
day of May, 1996.

                         BOWATER INCORPORATED

                         By:  /s/ Arnold M. Nemirow         
                             ---------------------------
                              Arnold M. Nemirow
                              Chief Executive Officer

        Pursuant to the requirements of the Securities Act of 1933, this
Post-Effective Amendment No. 1 to the Registration Statement on Form S-8
(Registration No. 333-02989) has been signed by the following persons in the
capacities and on the dates indicated on the 20th day of May, 1996.  

     Signature                     Title


   /s/ Arnold M. Nemirow      President, Chief Executive Officer and       
- - --------------------------    Chairman of the Board of Directors
   Arnold M. Nemirow          (principal executive officer)     
                              
                              
                              
   /s/ David G. Maffucci      Senior Vice President, Chief Financial Officer and
- - --------------------------    Treasurer (principal financial officer)
   David G. Maffucci          
                              
                              
   /s/ Michael F. Nocito      Vice President - Controller (principal accounting
- - --------------------------    officer)
   Michael F. Nocito          
  
  
   *                          Director
- - --------------------------
   Francis J. Aguilar  
  
  
   *                          Director
- - --------------------------
   Hugh D. Aycock  
  
  
                              Director
- - --------------------------
   Richard Barth  
  
  
   *                          Director
- - --------------------------
   Kenneth M. Curtis  



                                      2
<PAGE>   3
                                 
   *                          Director
- - --------------------------
   H. Gordon MacNeill  
  
  
   *                          Director
- - --------------------------
   Donald R. Melville  
  
  
   *                          Director
- - --------------------------
   James L. Pate  
  
  
   *                          Director
- - --------------------------
   John A. Rolls  
  


*     Wendy C. Shiba, by signing his/her name hereto, does sign this
document on behalf of the persons indicated above pursuant to powers of
attorney duly executed by such persons.

                              
                         By:  /s/ Wendy C. Shiba            
                            ------------------------

                             Wendy C. Shiba             
                            ------------------------
                             Attorney-in-Fact


        THE PLAN.  Pursuant to the requirements of the Securities Act of 1933,
the Trustee (or other persons who administer the Bowater Incorporated/Carolina
Division Hourly Employees' Savings Plan) has duly caused this Post-Effective
Amendment No. 1 to the Registration Statement on Form S-8 (Registration No.
333-02989) to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Greenville, State of South Carolina, on the 20th  
day of May, 1996.

                              BOWATER INCORPORATED/CAROLINA
                              DIVISION HOURLY EMPLOYEES' SAVINGS
                              PLAN


                              By:       /s/ Aaron B. Whitlock         
                                    ---------------------------

                                    Aaron B. Whitlock       
                                    ---------------------------
                                    Plan Administrator




                                      3
<PAGE>   4
                                EXHIBIT INDEX

The following exhibits are filed as part of this Registration Statement.


Exhibit Number           Description
- - --------------           -----------

      24                 Powers of Attorney authorizing the signing of
                         the Post-Effective Amendment No. 1 to the Registration
                         Statement and amendments thereto on behalf of the
                         Registrant's directors is filed herewith.


<PAGE>   1
                                  EXHIBIT 24
                                      
                              POWER OF ATTORNEY

        We, the undersigned directors of Bowater Incorporated, hereby severally
constitute Anthony H. Barash, David G. Maffucci and Wendy C. Shiba, and each of
them singly, our true and lawful attorneys with full power of substitution, to
sign for us and in our names in the capacities listed below, (1) a Registration
Statement on Form S-8 pertaining to the Bowater Incorporated, Carolina Division
Hourly Employees' Savings Plan (the "Plan") and any and all amendments to such
Registration Statement and (2) a Post-Effective Amendment to the Registration
Statement on Form S-8 pertaining to the Plan (Registration Statement No.
333-02989), and any and all amendments to such Registration Statement and
generally to do all such things in our names and on our behalf in our
capacities as directors to enable Bowater Incorporated to comply with the
provisions of the Securities Act of 1933, as amended, all requirements of the
Securities and Exchange Commission and all requirements of any other applicable
law or regulation, hereby ratifying and confirming our signatures as they may
be signed by our said attorneys, or any of them, to such Registration Statement
and Post-Effective Amendment and any and all amendments thereto, including
post-effective amendments.

Signatures                         Title                    Date
- - ----------                         -----                    ----

  /s/ Francis J. Aguilar           Director            April 24, 1996      
- - ---------------------------
Francis J. Aguilar

  /s/ Hugh D. Aycock               Director            April 24, 1996
- - ---------------------------
Hugh D. Aycock

                                   Director            April 24, 1996
- - ---------------------------
Richard Barth

  /s/ Kenneth M. Curtis            Director            April 24, 1996
- - ---------------------------
Kenneth M. Curtis

  /s/ H. Gordon MacNeill           Director            April 24, 1996
- - ---------------------------
H. Gordon MacNeill

  /s/ Donald R. Melville           Director            April 24, 1996
- - ---------------------------
Donald R. Melville

  /s/ James L. Pate                Director            April 24, 1996
- - ---------------------------
James L. Pate

  /s/ John A. Rolls                Director            April 24, 1996
- - ---------------------------
John A. Rolls






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