STEWART ENTERPRISES INC
POS AM, 1998-04-29
PERSONAL SERVICES
Previous: EMPIRE FIDELITY INVESTMENTS VARIABLE ANNUITY ACCOUNT A, 485BPOS, 1998-04-29
Next: INSCI CORP, SC 13D, 1998-04-29



      As filed with the Securities and Exchange Commission on April 29,1998
                                                 Registration No. 333-13963

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


              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 or        (Address, including zip code, and            Number)
  organization)          telephone number, including area
                         code, of registrant's principal
                               executive offices)

                         ____________________________


        JOSEPH P. HENICAN, III                            COPY TO:
      VICE CHAIRMAN OF THE BOARD                     DIONNE M. ROUSSEAU
      AND CHIEF EXECUTIVE OFFICER           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.  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. ___

                         ____________________________


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.

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

<PAGE>


                           STEWART ENTERPRISES, INC.

                         EXPLANATION OF DEREGISTRATION


      Stewart Enterprises, Inc. ("Stewart"),  a  Louisiana  corporation,  filed
Registration  Statement  No.  333-13963  on  Form  S-3 on October 11, 1996 (the
"Registration Statement") to register the resale of  28,152  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 April 11, 1996.

      Since  the  effective  date  of  the  Registration Statement, Stewart has
effected  a two-for-one  stock  split  in  the form of a 100% stock dividend on
April 24, 1998.  Therefore, the  number  of  Class A Common Shares to which the
Registration Statement relates was increased from 28,152 to 56,304 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 sold 38,120 of the Class A  Common  Shares (adjusted  for the
two-for-one stock split  effected April 24, 1998).  Therefore,  Stewart  hereby
deregisters  18,184  of  its  Class  A  Common  Shares  owned  by  the  Selling
Shareholders, which remain unsold at the termination of the offering.



<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 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 April 29, 1998.

                                          Stewart Enterprises, Inc.

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


      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          April 29, 1998
- ---------------------------
Frank B. Stewart, Jr.

/S/ JOSEPH P. HENICAN, III    Vice Chairman of the Board and    April 29, 1998
- ---------------------------       Chief Executive Officer
Joseph P. Henican, III         (Principal Executive Officer)

         *                      President, Chief Operating      April 29, 1998
- ---------------------------        Officer and a Director
William E. Rowe 

         *                       Chief Financial Officer,       April 29, 1998
- ---------------------------     President-Corporate Division
Ronald H. Patron                      and a Director
                              (Principal Financial Officer)

         *                    Senior Vice President-Corporate   April 29, 1998
- ---------------------------  Division, Treasurer and Secretary
Kenneth C. Budde               (Principal Accounting Officer)

         *                               Director               April 29, 1998
- ---------------------------
Darwin C. Fenner

         *                               Director               April 29, 1998
- ---------------------------
Michael O. Read

         *                               Director               April 29, 1998
- ---------------------------
James W. McFarland

         *                               Director               April 29, 1998
- ---------------------------
John P. Laborde


                                         Director               April __, 1998
- ---------------------------
Dwight A. Holder


*By: /S/ JOSEPH P. HENICAN, III                                 April 29, 1998
    ---------------------------    
     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