<PAGE> 1
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON NOVEMBER 22, 1996
REGISTRATION NO. 333-
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
---------------------
FORM S-3
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
---------------------
LAMAR ADVERTISING COMPANY
(Exact Name of Registrant as Specified in its Charter)
<TABLE>
<S> <C> <C>
DELAWARE 7312 72-1205791
(State or Other Jurisdiction (Primary Standard Industrial (I.R.S. Employer
of Incorporation or
Organization) Classification Code Number) Identification Number)
</TABLE>
5551 CORPORATE BLVD.
BATON ROUGE, LOUISIANA 70808
(504) 926-1000
(Address, including zip code, and telephone number, including area code,
of registrant's principal executive offices)
KEVIN P. REILLY, JR.
CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER
LAMAR ADVERTISING COMPANY
5551 CORPORATE BLVD.
BATON ROUGE, LOUISIANA 70808
(504) 926-1000
(Name, address, including zip code, and telephone number, including area code,
of agent for service)
---------------------
<TABLE>
<S> <C>
Copies to:
STANLEY KELLER, ESQ. DENNIS J. FRIEDMAN, ESQ.
PALMER & DODGE LLP CHADBOURNE & PARKE LLP
ONE BEACON STREET 30 ROCKEFELLER PLAZA
BOSTON, MASSACHUSETTS 02108 NEW YORK, NEW YORK 10112
(617) 573-0100 (212) 408-5100
</TABLE>
---------------------
APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC:
As soon as practicable after the effective date of this Registration Statement.
---------------------
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, 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, check the following box and
list the Securities Act registration number of the earlier effective
registration statement for the same offering. [X] 333-14789
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 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,
check the following. [ ]
---------------------
CALCULATION OF REGISTRATION FEE
================================================================================
Title of each class of Proposed maximum aggregate Amount of
securities to be registered offering price (1) registration fee
- --------------------------------------------------------------------------------
Senior Subordinated
Notes due 2006 30,000,000 (2) $9,090.91
================================================================================
(1) Estimated solely for the purpose of calculating the registration fee
pursuant to Rule 457(o) under the Securities Act of 1993.
(2) These securities are in addition to the $225,000,000 aggregate principal
amount of the Company's Senior Subordinated Notes registered pursuant to
Registration Statement No. 333-14789 for which a filing fee of $68,181.82
has been paid.
---------------------
THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR
DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT SHALL
FILE A FURTHER AMENDMENT WHICH SPECIFICALLY STATES THAT THIS REGISTRATION
STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(A) OF
THE SECURITIES ACT OF 1933 OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME
EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO SECTION 8(A), MAY
DETERMINE.
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<PAGE> 2
TABLE OF ADDITIONAL REGISTRANTS
<TABLE>
<CAPTION>
STATE OR OTHER
EXACT NAME OF JURISDICTION OF I.R.S. EMPLOYER
REGISTRANT AS INCORPORATION IDENTIFICATION
SPECIFIED IN ITS CHARTER OR ORGANIZATION NUMBER
- ---------------------------------------------------------- --------------- ---------------
<S> <C> <C>
The Lamar Corporation Louisiana 72-0690208
Interstate Logos, Inc. Delaware 72-1230862
Lamar Advertising of Colorado Springs, Inc. Colorado 72-0931093
Lamar Advertising of Jackson, Inc. Mississippi 72-1085074
Lamar Advertising of Mobile, Inc. Alabama 63-0576601
Lamar Advertising of South Georgia, Inc. Georgia 72-1113924
Lamar Advertising of South Mississippi, Inc. Mississippi 72-1085105
Lamar Advertising of Youngstown, Inc. Ohio 23-2669670
TLC Properties, Inc. Louisiana 72-0640751
Missouri Logos, Inc. Missouri 72-1181668
Nebraska Logos, Inc. Nebraska 72-1137877
Oklahoma Logo Signs, Inc. Oklahoma 72-1141447
Utah Logos, Inc. Utah 72-1148211
Ohio Logos, Inc. Ohio 72-1148212
Georgia Logos, Inc. Georgia 72-1289331
Kansas Logos, Inc. Kansas 48-1187701
Lamar Air, LLC Louisiana 72-1277136
Lamar Pensacola Transit, Inc. Florida 59-3391978
Lamar Tennessee Limited Partner, Inc. Louisiana 72-1309006
Lamar Tennessee Limited Partnership Tennessee 72-1309007
Lamar Tennessee Limited Partnership II Tennessee 72-1309008
Lamar Texas General Partner, Inc. Texas 72-1309003
Lamar Texas Limited Partnership Texas 72-1309005
Michigan Logos, Inc. Michigan 38-3071362
Minnesota Logos, Inc. Minnesota 41-1800355
Minnesota Logos, a Partnership Minnesota 41-1804634
Mississippi Logos, Inc. Mississippi 64-0828364
New Jersey Logos, Inc. New Jersey 22-3380044
South Carolina Logos, Inc. South Carolina 52-2152628
Tennessee Logos, Inc. Tennessee 62-1649765
Texas Logos, Inc. Texas 76-0381679
Has been
TLC Properties II, Inc. Louisiana applied for
Virginia Logos, Inc. Virginia 54-1763912
</TABLE>
<PAGE> 3
EXPLANATORY NOTE
This Registration Statement is being filed pursuant to Rule 462(b) of the
Securities Act of 1933, as amended. The contents of the Registration Statement
on Form S-3 (Reg. No. 333-14789) filed by Lamar Advertising Company (the
"Company") and certain of the Company's subsidiaries with the Securities and
Exchange Commission on October 24, 1996, as amended by Amendment Nos. 1 and 2
thereto filed on October 31, 1996 and November 19, 1996, respectively (the
"Earlier Registration Statement"), which was declared effective on November 21,
1996, are incorporated herein by reference. The form of prospectus contained
in the Earlier Registration Statement will reflect the aggregate amount of
securities registered in this Registration Statement and the Earlier
Registration Statement.
<PAGE> 4
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR ADVERTISING COMPANY
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ DUDLEY W. COATES* Director November 22, 1996
- ---------------------------------------------
Dudley W. Coates
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
Director
- ---------------------------------------------
Jack S. Rome, Jr.
Director
- ---------------------------------------------
William R. Schmidt
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
* By: /s/ KEVIN P. REILLY , JR.
--------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-fact for such persons pursuant
to power of attorney filed as an exhibit to
the Registration Statement on Form S-3
(No.333-14789) of Lamar Advertising Company.
</TABLE>
<PAGE> 5
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on
November 22, 1996.
GEORGIA LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 6
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
INTERSTATE LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<S> <C> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 7
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
KANSAS LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<S> <C> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 8
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR ADVERTISING OF COLORADO
SPRINGS, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 9
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR ADVERTISING OF JACKSON, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 10
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR ADVERTISING OF MOBILE, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 11
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR ADVERTISING OF SOUTH
GEORGIA, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 12
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR ADVERTISING OF SOUTH
MISSISSIPPI, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 13
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR ADVERTISING OF
YOUNGSTOWN, INC.
/s/ KEVIN P. REILLY, JR.
-------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<S> <C> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 14
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR AIR, LLC
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 15
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR PENSACOLA TRANSIT, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 16
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR TENNESSEE LIMITED
PARTNER, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<S> <C> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 17
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR TENNESSEE LIMITED
PARTNERSHIP
By: THE LAMAR CORPORATION
------------------------------------
its General Partner
By: /s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
<PAGE> 18
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR TENNESSEE LIMITED
PARTNERSHIP II
By: THE LAMAR CORPORATION
------------------------------------
its General Partner
By: /s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
<PAGE> 19
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR TEXAS GENERAL PARTNER, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, Amendment No. 2
to this Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 20
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
LAMAR TEXAS LIMITED PARTNERSHIP
By: LAMAR TEXAS GENERAL PARTNER,
INC., its General Partner
By: /s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
<PAGE> 21
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
MICHIGAN LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, Amendment No. 2
to this Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 22
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
MINNESOTA LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, Amendment No. 2
to this Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 23
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
MINNESOTA LOGOS, A PARTNERSHIP
By: MINNESOTA LOGOS, INC.,
its General Partner
By: /s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
<PAGE> 24
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
MISSISSIPPI LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 25
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
MISSOURI LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 26
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
NEBRASKA LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 27
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
NEW JERSEY LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 28
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
OHIO LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 29
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
OKLAHOMA LOGO SIGNS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 30
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
SOUTH CAROLINA LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
aTtorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 31
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
TENNESSEE LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 32
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
TEXAS LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 33
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
THE LAMAR CORPORATION
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ DUDLEY W. COATES* Director November 22, 1996
- ---------------------------------------------
Dudley W. Coates
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
Director
- ---------------------------------------------
Jack S. Rome, Jr.
Director
- ---------------------------------------------
William R. Schmidt
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 34
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
TLC PROPERTIES, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 35
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
TLC PROPERTIES II, INC.
/s/ KEVIN P. REILLY, JR.
------------------------------------
Kevin P. Reilly, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ KEVIN P. REILLY, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
Kevin P. Reilly, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
/s/ T. EVERETT STEWART, JR.* Director November 22, 1996
- ---------------------------------------------
T. Everett Stewart, Jr.
*By: /s/ KEVIN P. REILLY, JR.
-----------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 36
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
UTAH LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 37
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 Registration
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Baton Rouge, State of Louisiana, on November 22,
1996.
VIRGINIA LOGOS, INC.
/s/ T. EVERETT STEWART, JR.
------------------------------------
T. Everett Stewart, Jr.
President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
- --------------------------------------------- ---------------------------- ------------------
<C> <S> <C>
/s/ T. EVERETT STEWART, JR. Director and Principal November 22, 1996
- --------------------------------------------- Executive Officer
T. Everett Stewart, Jr.
/s/ KEITH A. ISTRE* Director and Principal November 22, 1996
- --------------------------------------------- Financial and Accounting
Keith A. Istre Officer
/s/ KEVIN P. REILLY, JR. Director November 22, 1996
- ---------------------------------------------
Kevin P. Reilly, Jr.
/s/ CHARLES W. LAMAR* Director November 22, 1996
- ---------------------------------------------
Charles W. Lamar
/s/ GERALD H. MARCHAND* Director November 22, 1996
- ---------------------------------------------
Gerald H. Marchand
*By: /s/ KEVIN P. REILLY, JR.
- ---------------------------------------------
Kevin P. Reilly, Jr.
Attorney-in-Fact for such persons pursuant to
power of attorney filed as an exhibit to the
Registration Statement on Form S-3 (No. 333-14789)
of Lamar Advertising Company
</TABLE>
<PAGE> 38
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
EXHIBIT NUMBER DESCRIPTION OF EXHIBIT
- -------------------- ------------------------------------------------------------------------
<C> <S>
1.1 -- Form of Underwriting Agreement. Previously filed as
Exhibit 1.1 to the Registrant's Registration Statement
on Form S-3 (File No. 333-14789) and incorporated
herein by reference.
5.1 -- Opinion of Palmer & Dodge LLP. Filed herewith.
5.2 -- Opinion of Kean, Miller, Hawthorne, D'Armond, McCowan & Jarman, LLP.
Filed herewith.
5.3 -- Opinion of Chadbourne & Parke LLP. Filed herewith.
23.1 -- Consent of KPMG Peat Marwick LLP, independent accountants of Lamar
Advertising Company. Filed herewith.
23.2 -- Consent of KPMG Peat Marwick LLP, independent accountants of Outdoor
East, L.P. Filed herewith.
23.3 -- Consent of McGrail, Merkel, Quinn and Associates, independent
accountants of FKM Advertising Co., Inc. Filed herewith.
23.4 -- Consent of Palmer & Dodge LLP (included in Exhibit 5.1).
23.5 -- Consent of Kean, Miller, Hawthorne, D'Armond, McCowan & Jarman, LLP
(included in Exhibit 5.2).
23.6 -- Consent of Chadbourne & Parke LLP (included in Exhibit 5.3).
24.1 -- Power of Attorney. Previously filed as Exhibit 24.1 to
the Registrant's Registration Statement on Form S-3
(File no. 333-14789), and incorporated herein by
reference.
</TABLE>
<PAGE> 1
EXHIBIT 5.1
[PALMER & DODGE LLP LETTERHEAD]
November 22, 1996
Lamar Advertising Company
5551 Corporate Blvd.
Baton Rouge, Louisiana 70808
We are furnishing this opinion in connection with the Registration
Statement on Form S-3 (the "Registration Statement") under the Securities Act
of 1933, as amended (the "Securities Act") filed on November 22, 1996 by Lamar
Advertising Company (the "Company") and certain subsidiaries of the Company
listed as Additional Registrants in the Registration Statement (the "Subsidiary
Guarantors") relating to $255,000,000 aggregate principal amount of Senior
Subordinated Notes (the "Notes") to be issued and sold by the Company and
guaranteed (the "Guarantees") by the Subsidiary Guarantors. The Notes are to
be issued pursuant to an Indenture (the "Indenture") between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"), the proposed
form of which was previously filed as an exhibit to the Company's registration
statement on Form S-3 (File No. 333-14789) that was declared effective on
November 21, 1996.
We have acted as your counsel in connection with the Registration
Statement and are familiar with the proceedings taken by the Company in
connection with the authorization, issuance and sale of the Notes. We have
made such examination as we consider necessary to render this opinion.
This opinion is limited to the federal laws of the United States and
the Delaware General Corporation Law. We note that the Indenture, Notes and
Guarantees and governed by the laws of the State of New York and, therefore, in
rendering this opinion, we have relied, as to the opinions set forth in
paragraphs 1 and 2 below, upon the opinion of Chadbourne & Parke LLP with
respect to matters of New York law. In addition, as to the opinions set forth
in paragraph 2 below, we have relied upon the opinion of Kean, Miller,
Hawthorne, D'Armand, McCowan & Jarman, L.L.P. with respect to matters relating
to the due incorporation and good standing of the Subsidiary Guarantors, the
corporate power and authority of the Subsidiary Guarantors to execute, deliver
and perform the Guarantees, and the due execution and delivery by the
Subsidiary Guarantors of the Guarantees.
Based upon the foregoing, we are of the opinion that:
1. Upon the due execution and delivery of the Indenture by the
Company and the Trustee and the due execution, authentication and delivery of
the Notes in accordance with the Indenture against payment therefor as
contemplated by the Registration Statement, the Notes will be valid and legally
binding obligations of the Company, subject to bankruptcy,
<PAGE> 2
Lamar Advertising Company
November 22, 1996
Page 2
insolvency, reorganization, moratorium and similar laws of general
applicability relating to or affecting creditors' rights and to general equity
principles.
2. When the Notes are duly issued and delivered by the Company
and at the time any subsidiary of the Company becomes a Subsidiary Guarantor,
the Guarantee of such Subsidiary Guarantor will be the valid and legally
binding obligations of such Subsidiary Guarantor, subject to bankruptcy,
insolvency, reorganization, moratorium and similar laws of general
applicability relating to or affecting creditors' rights and to general equity
principles.
In rendering the foregoing opinions, we express no opinion as to
federal or state laws relating to fraudulent transfers.
We hereby consent to the filing of this opinion as a part of the
Registration Statement and to the reference to our firm under the caption
"Certain Legal Matters" in the Prospectus filed as part thereof.
Very truly yours,
/s/ Palmer & Dodge LLP
----------------------
Palmer & Dodge LLP
<PAGE> 1
EXHIBIT 5.2
[Kean, Miller, Hawthorne, D'Armond,
McCowan & Jarman, LLP letterhead]
November 22, 1996
Lamar Advertising Company
5551 Corporate Boulevard
Baton Rouge, Louisiana 70808
We are furnishing this opinion in connection with the Registration
Statement of Form S-3 (the "Registration Statement") under the Securities Act
of 1933, as amended (the "Securities Act") filed on November 22, 1996 by Lamar
Advertising Company (the "Company") and certain subsidiaries of the Company
listed as Additional Registrants in the Registration Statement (the "Subsidiary
Guarantors") relating to $255,000,000 aggregate principle amount of Senior
Subordinated Notes (the "Notes") to be issued and sold by the Company and
guaranteed (the "Guarantees") by the Subsidiary Guarantors. The Notes are to
be issued pursuant to an Indenture (the "Indenture") between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"), the proposed
form of which was previously filed as an exhibit to the Company's registration
statement on Form S-3 (File No. 333-14789) that was declared effective on
November 21, 1996.
We have acted as corporate counsel in connection with the Registration
Statement and are familiar with the proceedings taken by the Company and the
Subsidiary Guarantors in connection with the authorization, issuance and sale
of the Notes and the Guarantees. We have made such examination as we consider
necessary to render this opinion.
Based upon the foregoing, we are of the opinion that:
1. Each of the Subsidiary Guarantors has been duly incorporated
and is validly existing as a corporation in good standing under the laws of the
jurisdiction of its incorporation, with corporate power and authority to
execute, deliver and perform its Guarantee.
2. The Guarantees have been duly authorized, executed and
delivered by each of the Subsidiary Guarantors, and no consent or approval of
any court or governmental agency or body is required for such execution and
delivery except consents or approvals as may be required under federal
securities laws or under state securities or Blue Sky laws.
We hereby consent to the filing of this opinion as a part of the
Registration Statement and to the reference to our Firm under the caption
"Certain Legal Matters" in the Prospectus filed as part thereof.
Very truly yours,
KEAN, MILLER, HAWTHORNE,
D'ARMOND, McCOWAN & JARMAN, L.L.P
By: /s/ Ben R. Miller, Jr.
----------------------------
Ben R. Miller, Jr.
<PAGE> 1
[LETTERHEAD OF CHADBOURNE & PARKE LLP]
EXHIBIT 5.3
November 22, 1996
Palmer & Dodge LLP
One Beacon Street
Boston, Massachusetts 02108
Ladies and Gentlemen:
In connection with the registration under the Securities Act of
1933, as amended (the "Act") of $255,000,000 aggregate principal amount of
Senior Subordinated Notes due 2006 (the "Securities") of Lamar Advertising
Company, a Delaware corporation (the "Company"), and the related guarantees
(the "Guarantees") by certain subsidiaries of the Company (the "Subsidiary
Guarantors") listed as additional registrants in the registration statement on
Form S-3 under the Act filed with the Securities and Exchange Commission in
connection therewith, as amended to the date hereof (the "Registration
Statement"), we, as counsel to the Underwriters, have examined such corporate
records, certificates and other
<PAGE> 2
November 22, 1996
documents, and such questions of law, as we have deemed necessary as a basis for
the opinions hereinafter expressed. In such examination, we have assumed the
genuineness of all signatures, the authenticity of all documents submitted to us
as originals and the conformity with the originals of all documents submitted to
us as copies. Capitalized terms used herein but not otherwise defined shall
have the respective meaning assigned to them in the Registration Statement.
Upon the basis of such examination, we advise you that, in our
opinion, when the Registration Statement has become effective under the Act,
the Indenture relating to the Securities and the Guarantees has been duly
authorized, executed and delivered by all parties thereto, the terms of the
Securities and the Guarantees and of their issuance and sale have been duly
established in conformity with the Indenture so as not to violate any
applicable law or result in a default under or breach of any agreement or
instrument binding upon the Company or any Subsidiary Guarantor and so as to
comply with any requirement or restriction imposed by any court or governmental
body having jurisdiction over the
-2-
<PAGE> 3
November 22, 1996
Company or any Subsidiary Guarantor, the Securities and Guarantees have been
duly authorized by the Company and the Subsidiary Guarantors, respectively, and
the Securities, with the Guarantees endorsed thereon, have been duly executed
and authenticated in accordance with the Indenture and issued and sold as
contemplated in the Registration Statement, the Securities and the Guarantees
will constitute valid and legally binding obligations of the Company and the
Subsidiary Guarantors, respectively, subject to bankruptcy, fraudulent
conveyance, insolvency, reorganization, moratorium, and other similar laws
affecting creditors' rights generally and by general equitable principles.
In rendering the foregoing opinion, we have assumed that each of
the Company and the Subsidiary Guarantors has been duly incorporated or
organized and is an existing corporation or partnership, as the case may be, in
good standing under the laws of its jurisdiction of incorporation or
organization, as the case may be, with corporate or partnership power and
authority, as the case may be, to
-3-
<PAGE> 4
November 22, 1996
execute, deliver and perform the Indenture, the Securities and the Guarantees,
to which such entity may be a party, and that the Securities and Guarantees are
valid and legally binding obligations of the Company and each Subsidiary
Guarantor, respectively, under the applicable laws of each such entity's
jurisdiction of incorporation or organization, as the case may be.
Our opinion herein is expressly limited to the laws of the
State of New York and we do not express any opinion herein concerning any other
law.
We hereby consent to the filing of this opinion as an exhibit to
the Registration Statement and to the references to us under the heading
"Certain Legal Matters" in the Registration Statement.
Very truly yours,
CHADBOURNE & PARKE LLP
-4-
<PAGE> 1
EXHIBIT 23.1
INDEPENDENT AUDITORS' CONSENT
The Board of Directors
Lamar Advertising Company:
We consent to the use of our report included herein and to the references
to our firm under the headings "Selected Consolidated Historical and Pro Forma
Financial and Operating Data" and "Experts" in the prospectus.
KPMG Peat Marwick LLP
New Orleans, Louisiana
November 21, 1996
<PAGE> 1
EXHIBIT 23.2
INDEPENDENT AUDITORS' CONSENT
The Partners
Outdoor East, L.P.:
We consent to the use of our report included herein and to the reference to
our firm under the heading "Experts" in the prospectus.
KPMG Peat Marwick LLP
Charlotte, North Carolina
November 19, 1996
<PAGE> 1
EXHIBIT 23.3
INDEPENDENT AUDITORS' CONSENT
The Board of Directors November 22, 1996
FKM Advertising Co., Inc.
We consent to the use of our report included herein and to the reference to
our firm under the heading "Experts" in the prospectus.
McGrail Merkel Quinn & Associates
