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As filed with the Securities and Exchange Commission on May 10, 1999
Registration No. 33-89506
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- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM N-2
/X/ REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
/ / Pre-Effective Amendment No. -------
/X/ Post-Effective Amendment No. 3
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BERTHEL GROWTH & INCOME TRUST I
(Exact Name of Registrant as Specified in Charter)
100 Second Street, S.E.
Cedar Rapids, Iowa 52401
(Address of Principal Executive Office)(Zip Code)
Registrant's Telephone Number, Including Area Code: (319) 365-2506
Thomas J. Berthel
Berthel Fisher & Company
100 Second Street, S.E.
Cedar Rapids, Iowa 52401
(Name and Address of Agent for Service)
COPIES TO: Michael K. Denney
Bradley & Riley, P.C.
100 First Street, S.W.
Cedar Rapids, Iowa 52404
Approximate Date of Proposed Public Offering: Not applicable
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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: /X/
<TABLE>
<CAPTION>
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CALCULATION OF REGISTRATION FEE UNDER THE SECURITIES ACT OF 1933
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<S> <C> <C> <C> <C>
Proposed Maximum Proposed Maximum
Title of Securities Amount Being Offering Price Aggregate Amount of
Being Registered Registered Per Unit(1) Offering Price Registration Fee
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Interest in Trust 50,000 Shares(2) $5,000 $50,000,000 $17,241.38
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</TABLE>
(1) The minimum required purchase is five (5) Shares (one Unit) or two (2)
shares for individual retirement accounts. The offering price per Share
is $1,000.
(2) This Registration Statement includes 25,000 shares to cover over-allotments,
if any, pursuant to an over-allotment option granted to the Dealer Manager.
<PAGE>
DEREGISTRATION OF SHARES OF BENEFICIAL INTEREST
Berthel Growth & Income Trust I (the "Registrant") previously filed
a Registration Statement on Form N-2, as amended (the "Registration
Statement"), covering 50,000 of its shares of beneficial interest (the
"Shares"). The offering contemplated by the Registration Statement
terminated on June 21, 1997. Pursuant to the undertakings contained in Item
17 of the Registration Statement, the Registrant hereby files this
Post-Effective Amendment No. 3 to deregister a total of 39,459 of its shares
of beneficial interest not sold pursuant to the Registration Statement as of
the termination of the offering of the Shares.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and/or the
Investment Company Act of 1940, the Registrant has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Cedar Rapids, and State of Iowa, on the 8th day of
May, 1999
BERTHEL GROWTH & INCOME TRUST I
By: TJB Capital Management, Inc.
its Corporate Trustee
By /s/ Thomas J. Berthel
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THOMAS J. BERTHEL, 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.
/s/ Thomas J. Berthel May 8, 1999
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THOMAS J. BERTHEL, Chief Executive
Officer, Executive Director and
Chairman of the Board of the
Corporate Trustee (principal
executive officer)
/s/ Ronald O. Brendengen May 8, 1999
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RONALD O. BRENDENGEN, Director, Chief
Financial Officer and Treasurer of the
Corporate Trustee (principal financial
and accounting officer)
/s/ Leslie D. Smith May 8, 1999
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LESLIE D. SMITH, Secretary and Director of the
Corporate Trustee
/s/ Henry T. Madden May 8, 1999
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HENRY T. MADDEN, Independent Trustee of
Berthel Growth & Income Trust I
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<PAGE>
/s/ Mary Quass May 8, 1999
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MARY QUASS, Independent Trustee of
Berthel Growth & Income Trust I
/s/ Von Elbert May 8, 1999
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VON ELBERT, Director of the Corporate
Trustee
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