FIRST NATIONAL CORP /SC/
S-3DPOS, 1997-04-29
STATE COMMERCIAL BANKS
Previous: FIRST NATIONAL CORP /SC/, S-8, 1997-04-29
Next: MFS GOVERNMENT LIMITED MATURITY FUND /MA/, 485BPOS, 1997-04-29



                                                       Registration No. 33-58692

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 POST-EFFECTIVE
                               AMENDMENT NO. 1 TO
                                    FORM S-3
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                           FIRST NATIONAL CORPORATION
             (Exact name of Registrant as specified in its charter)


          South Carolina                                      57-0799315
   (State or other jurisdiction                               (I.R.S. Employer
 of incorporation or organization)                           Identification No.)

                         950 John C. Calhoun Drive, S.E.
                        Orangeburg, South Carolina 29115
                                 (803) 534-2175
               (Address, including zip code, and telephone number,
        including area code, of registrant's principal executive offices)

                                W. LOUIS GRIFFITH
                             Chief Financial Officer
                         950 John C. Calhoun Drive, S.E.
                        Orangeburg, South Carolina 29115
                                 (803) 534-2175
            (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)

                                    Copy to:

                            GEORGE S. KING, JR., ESQ.
                           SUZANNE HULST CLAWSON, ESQ.
                          1426 Main Street, Suite 1200
                         Columbia, South Carolina 29201
                                 (803) 779-3080

         Approximate  date of commencement of proposed sale to the public:  N/A

         If the only securities  being registered on this Form are being offered
pursuant to dividend or interest  reinvestment plans, please check the following
box. [X]

         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, other than securities offered


<PAGE>



only in  connection  with  dividend or interest  reinvestment  plans,  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. [ ]



                                      II-2


<PAGE>



         This  Post-Effective  Amendment is filed  pursuant to the  undertakings
required  by 17 C.F.R.  Section  229.512(a)(3)  to  terminate  the  offering  of
Securities registered pursuant to Registration No. 33-58692,  and to remove from
registration  79,183 shares of  Registrant's  common stock reserved for issuance
pursuant  to the First  National  Corporation  Dividend  Reinvestment  Plan (the
"DRIP") previously  registered  pursuant hereto. The reason for this termination
of  registration  is that the  feature of the DRIP which  permitted  purchase of
shares of Common Stock by the Plan  Administrator  directly from the  Registrant
has been eliminated.  Shares may now only be purchased by the Plan Administrator
in the open market.  Furthermore,  the Plan  Administrator is independent of the
Registrant, and the Registrant may perform only limited administrative functions
with respect to the Plan,  such as announcing the existence of the Plan,  making
names and addresses of its shareholders available to the Plan Administrator, and
the like,  and pays no more than the  reasonable  fees and charges for brokerage
commissions and bookkeeping and custodial expenses.

                                      II-3


<PAGE>



                                   SIGNATURES

         Pursuant  to the  requirements  of the  Securities  Act  of  1933,  the
registrant certifies that it has reasonable grounds to believe that it meets all
of  the   requirements  for  filing  on  Form  S-3  and  has  duly  caused  this
Post-Effective Amendment No. 1 registration statement to be signed on its behalf
by the undersigned,  thereunto duly authorized, in the City of Orangeburg, State
of South Carolina, on the 22nd day of April, 1997.

                                        FIRST NATIONAL CORPORATION



                                        By: /s/ C. John Hipp, III
                                        --------------------------------
                                        C. John Hipp, III
                                        President

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


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


/s/ C. John Hipp, III                 President,             April 22, 1997
- -----------------------               (Chief Executive
 C. John Hipp, III                    Officer) and
                                      Director


/s/ W. Louis Griffith                 Chief Financial        April 22, 1997
- -----------------------               Officer,
 W. Louis Griffith                    (Principal
                                      Financial
                                      Officer and
                                      Accounting
                                      Officer)


/s/ Charles W. Clark                  Director               April 22, 1997
- -----------------------
 Charles W. Clark


/s/ W. B. Cox                         Director               April 22, 1997
- -----------------------
 W. B. Cox



                                      II-4


<PAGE>





/s/ C. Parker Dempsey                 Director               April 22, 1997
- -----------------------
 C. Parker Dempsey


/s/ E. Everett Gasque, Jr.            Director               April 22, 1997
- -----------------------
 E. Everett Gasque, Jr.


/s/ John L. Gramling, Jr.             Director               April 22, 1997
- -----------------------
 John L. Gramling, Jr.


/s/ Dwight W. Frierson                Director               April 22, 1997
- -----------------------
 Dwight W. Frierson 


/s/ Robert R. Hill, Jr.               Director               April 22, 1997
- -----------------------
 Robert R. Hill, Jr.


/s/ Robert R. Horger                  Director               April 22, 1997
- -----------------------
 Robert R. Horger


/s/ J. C. McAlhany                    Director               April 22, 1997
- -----------------------
 J. C. McAlhany


/s/ Dick Gregg McTeer                 Director               April 22, 1997
- -----------------------
 Dick Gregg McTeer


/s/ Harry M. Mims, Jr.                Director               April 22, 1997
- -----------------------
 Harry M. Mims, Jr.


/s/ E. V. Mirmow, Jr.                 Director               April 22, 1997
- -----------------------
 E. V. Mirmow, Jr.




                                      II-5


<PAGE>





                                      Director               April ___, 1997
- -----------------------
 Ralph W. Norman


/s/ Anne H. Oswald                    Director               April 22, 1997
- -----------------------
 Anne H. Oswald


/s/ James W. Roquemore                Director               April 22, 1997
- -----------------------
 James W. Roquemore


                                      Director               April __, 1997
- -----------------------
 Walter L. Tobin    


/s/ Johnny E. Ward                    Director               April 22, 1997
- -----------------------
 Johnny E. Ward


/s/ A. Dewall Waters                  Director               April 22, 1997
- -----------------------
 A. Dewall Waters


/s/ L. D. Westbury                    Director               April 22, 1997
- -----------------------
 L. D. Westbury






                                      II-6


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