<PAGE> 1
As filed with the Securities and Exchange Commission on January 13, 1999
Registration Statement No. 333-1176
================================================================================
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
--------------------
PEOPLE'S BANCSHARES, INC.
(Exact name of Registrant as specified in its charter)
<TABLE>
<S> <C> <C>
MASSACHUSETTS 6712 04-3272233
(State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer
Incorporation or Organization) Classification Code Number) Identification No.)
</TABLE>
545 PLEASANT STREET
NEW BEDFORD, MASSACHUSETTS 02740
(508) 991-2601
(Address, including zip code, and telephone
number, including area code of
Registrant's principal executive
office)
RICHARD S. STRACZYNSKI
President and Chief Executive Officer
PEOPLE'S BANCSHARES, INC.
545 Pleasant Street
New Bedford, Massachusetts 02740
(508) 991-2601
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
Copy to:
REGINA M. PISA, P.C.
Goodwin, Procter & Hoar
Exchange Place
Boston, MA 02109
(617) 570-1525
--------------------
Approximate date of commencement of proposed sale to the public: From time to
time after this Registration Statement becomes effective.
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, other than securities offered only in connection with dividend or interest
reinvestment plans, check the following box. [X]
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. [ ]
--------------------------------------
================================================================================
<PAGE> 2
PEOPLE'S BANCSHARES, INC.
DEREGISTRATION OF SECURITIES
--------------------------
People's Bancshares, Inc., (the "Registrant") previously filed Registration
Statement No. 333-1176 on Form S-3 (the "Registration Statement") covering
188,593 shares of its common stock, $.10 par value per share (the "Common
Stock"). The Registrant hereby files this Post-Effective Amendment No. 1 to the
Registration Statement to withdraw from registration and deregister all shares
of its common stock originally covered by the Registration Statement which have
not been issued thereunder.
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the
Registrant has duly caused this Post-Effective Amendment No. 1 to be signed on
its behalf by the undersigned, thereunto duly authorized, in the Town of New
Bedford, Commonwealth of Massachusetts, on January 8, 1999
PEOPLE'S BANCSHARES, INC.
By: /s/ Richard S. Straczynski
----------------------------------
Richard S. Straczynski
President, Chief Executive
Officer and Director
Pursuant to the requirements of the Securities Act of 1933, as amended,
this Post-Effective Amendment No. 1 has been signed by the following persons in
the capacities and on the dates indicated.
SIGNATURE TITLE DATE
--------- ----- ----
/s/ Richard S. Straczynski President, Chief Executive January 8, 1999
- -------------------------- Officer and Director
Richard S. Straczynski (principal executive officer)
/s/ Colin C. Blair Vice President, Treasurer January 8, 1999
- -------------------------- and Chief Financial Officer
Colin C. Blair (principal financial and
accounting officer)
* Director January 8, 1999
- --------------------------
Frederick W. Adami, III
Director January 8, 1999
- --------------------------
Virginia M. Burke
Director January 8, 1999
- --------------------------
B. Benjamin Cavallo
<PAGE> 4
SIGNATURE TITLE DATE
--------- ----- ----
* Director January 8, 1999
- ------------------------
John R. Eaton
* Director January 8, 1999
- ------------------------
Terrence Gomes
* Director January 8, 1999
- ------------------------
Dr. Loring C. Johnson
* Director January 8, 1999
- ------------------------
Richard D. Matthews
Director January 8, 1999
- ------------------------
Scott W. Ramsay
* Director January 8, 1999
- ------------------------
Gerald R. Rodman
* Director January 8, 1999
- ------------------------
Davis H. Scudder
Director January 8, 1999
- ------------------------
Stanley D. Siskind
*By: /s/ Colin C. Blair
--------------------
Colin C. Blair
Attorney in Fact