STEWART ENTERPRISES INC
POS AM, 1997-11-05
PERSONAL SERVICES
Previous: LIUSKI INTERNATIONAL INC /DE, 10-Q, 1997-11-05
Next: STEWART ENTERPRISES INC, POS AM, 1997-11-05



        As  filed  with  the  Securities  and  Exchange  Commission on
November 5, 1997.
                                                Registration No. 333-646

===========================================================================
              
              UNITED STATES 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

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

                        Stewart Enterprises, Inc.
       (Exact  name  of  registrant  as  specified  in  its charter)

Louisiana           110 Veterans Memorial Boulevard        72-0693290
(State or other        Metairie, Louisiana 70005        (I.R.S. Employer
jurisdiction of            (504) 837-5880                Identification 
incorporation        (Address, including zip code,          Number)
or organization)         and telephone number,
                         including area code, 
                       of registrant's principal 
                          executive offices)

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


      Joseph P. Henican, III                          Copy to:
   Chief Executive Officer and                   Dionne M. Rousseau
   Vice Chairman of the Board          Jones, Walker, Waechter, Poitevent,
    Stewart Enterprises, Inc.                  Carrere & Denegre, L.L.P.
         P. O. Box 19925                             51st Floor
  New Orleans, Louisiana  70179                201 St. Charles Avenue
          (504) 837-5880                New Orleans, Louisiana  70170-5100
           
         (Name, address, including zip code, and telephone number,
               including area code, of agent for service)


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

    APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE  TO THE PUBLIC:
                             Not Applicable

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


      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.  __

      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.  __

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

The registrant hereby requests that this Post-Effective Amendment  No.
1 become effective as soon as practicable pursuant to Section 8(c) of
the Securities Act of 1933.

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


                      STEWART ENTERPRISES, INC.

                    Explanation of Deregistration

      Stewart  Enterprises, Inc. ("Stewart"), a Louisiana corporation,
filed Registration  Statement  No.  333-646 on Form S-3 on January 26,
1996, Amendment No. 1 thereto on March  7,  1996  and  Amendment No. 2
thereto on March 21, 1996 (collectively, the "Registration Statement")
to register the resale of 197,228 shares of Class A Common  Stock,  no
par  value  per  share  (the "Class A Common Shares"), of Stewart that
were issued to the selling  shareholders  listed  on  Page  4  of  the
Prospectus (the "Selling Shareholders") on October 26, 1995.

      Since  the effective date of the Registration Statement, Stewart
has effected a  three-for-two  stock  split in the form of a 50% stock
dividend on June 21, 1996.  Therefore,  the  number  of Class A Common
Shares to which the Registration Statement relates was  increased from
197,228 to 295,842 shares.

      Due  to  the  recent  amendments  to  Rule 144, the Registration
Statement is no longer necessary to enable the Selling Shareholders to
sell  their  shares.   In  addition,  in  its Registration  Statement,
Stewart undertook to remove from registration  by  means  of  a  post-
effective  amendment  any  of the Class A Common Shares which remained
unsold at the termination of the offering.

      Since the effective date  of  the  Registration  Statement,  the
Selling  Shareholders  have donated 4,275 of the Class A Common Shares
to Northwest Baptist Church of Fresno, California.  Therefore, Stewart
hereby deregisters 291,567  of  its Class A Common Shares owned by the
Selling Shareholders, which remain  unsold  at  the termination of the
offering.



                                  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  to  the  Registration
Statement to be  signed  on  its  behalf by the undersigned, thereunto
duly authorized, in the City of New  Orleans,  State  of Louisiana, on
November 5, 1997.

                                          Stewart Enterprises, Inc.

                                    By:   /s/ JOSEPH P. HENICAN, III
                                          --------------------------
                                          Joseph P. Henican, III
                                          Chief Executive Officer and
                                          Vice Chairman of the Board


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

Signature                       Title                           Date


        *                       Chairman of the Board           November 5, 1997
- ---------------------
Frank B. Stewart, Jr.


/s/ JOSEPH P. HENICAN, III      Chief Executive Officer         November 5, 1997
- --------------------------      and
Joseph P. Henican, III          Vice Chairman of the Board                      
                                (Principal Executive Officer)


        *                       President, Chief Operating      November 5, 1997
- ---------------                 Officer and a Director
William E. Rowe


        *                       Chief Financial Officer,        November 5, 1997
- ----------------                President-Corporate Division,
Ronald H. Patron                Executive Vice President 
                                and a Director
                                (Principal Financial Officer)


        *                       Senior Vice President-Finance,  November 5, 1997
- ----------------                Secretary and Treasurer
Kenneth C. Budde                (Principal Accounting Officer)


        *                       Director                        November 5, 1997
- ----------------
Darwin C. Fenner


        *                       Director                        November 5, 1997
- ---------------
Michael O. Read


        *                       Director                        November 5, 1997
- ------------------        
James W. McFarland


        *                       Director                        November 5, 1997
- ---------------
John P. Laborde


                                Director                        November__, 1997
- ----------------
Dwight A. Holder


*By: /s/ JOSEPH P. HENICAN, III
     --------------------------
     Joseph P. Henican, III
     Agent and Attorney-in-Fact




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