UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A NO. 1
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QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1998
Commission File Number 1-3924
MAXXAM INC.
(Exact name of Registrant as specified in its charter)
DELAWARE 95-2078752
(State or other jurisdiction (I.R.S. Employer
of incorporation or Identification Number)
organization)
5847 SAN FELIPE, SUITE 2600 77057
HOUSTON, TEXAS (Zip Code)
(Address of Principal
Executive Offices)
Registrant's telephone number, including area code: (713) 975-7600
Indicate by check mark whether the Registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the Registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days.
Yes /X/ No / /
Number of shares of common stock outstanding at July 31, 1998: 7,000,597
Registrant meets the conditions set forth in General Instruction H(1)(a)
and (b) of Form 10-Q and is therefore filing this Form with the reduced
disclosure format.
PART II. OTHER INFORMATION
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
A. EXHIBITS:
**4.1 Indenture between Scotia LLC and State Street Bank and
Trust Company ("State Street"), as Trustee, regarding
the Timber Notes
*4.2 Deed of Trust, Security Agreement, Financing Statement,
Fixture Filing and Assignment of Proceeds among Scotia
LLC, Fidelity National Title Insurance Company, as
Trustee, and State Street, as Collateral Agent
*4.3 Credit Agreement among Scotia LLC, Bank of America
National Trust and Savings Association and other
financial institutions party thereto
*11 Computation of Net Income Per Common and Common
Equivalent Share
*27.1 Financial Data Schedule for the quarter ended June 30,
1998
*27.2 Restated Financial Data Schedule for the periods ended
March 31, June 30, September 30, and December 31, 1997
*27.3 Restated Financial Data Schedule for the periods ended
March 31, June 30, September 30, and December 31, 1996
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* Previously filed as an exhibit to the Company's Quarterly Report on
Form 10-Q dated July 31, 1998; File No. 1-3924
** Included with this filing
B. REPORTS ON FORM 8-K:
On June 23, 1998, the Company filed a Current Report on Form 8-K
(under Item 5) concerning a private placement by Scotia LLC of the Timber
Notes (which Form 8-K was subsequently amended by a Form 8-K/A dated July
30, 1998).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized, who has signed this report on
behalf of the Registrant and as the principal accounting officer of the
Registrant.
MAXXAM INC.
Date: September 14, 1998 By: /S/ BERNARD L. BIRKEL
Bernard L. Birkel
Secretary
Date: September 14, 1998 By: /S/ ELIZABETH D. BRUMLEY
Elizabeth D. Brumley
Assistant Controller
(Principal Accounting Officer)