Registration No. 33-97130-A
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_______________
POST-EFFECTIVE AMENDMENT NO. 1
TO
FORM SB-2
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
_____________
The Thaxton Group, Inc.
(Name of small business issuer in its charter)
South Carolina 140 57-0669498
(State or other jurisdiction (Primary Standard Industrial (I.R.S. Employer
of incorporation or organization) Classification Code Number) Identification No.)
1524 Pageland Highway
Lancaster, South Carolina 29721
(803) 285-4336
(Address and telephone number
of principal executive offices)
____________
James D. Thaxton
President
The Thaxton Group, Inc.
1524 Pageland Highway
Lancaster, South Carolina 29721
(803) 285-4336
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
Copy to:
Barney Stewart III
Moore & Van Allen, PLLC
NationsBank Corporate Center
100 North Tryon Street, Floor 47
Charlotte, North Carolina 28202-4003
(704) 331-1000
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. ( )
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DEREGISTRATION OF SECURITIES
The Thaxton Group, Inc. (the "Company") has completed its public
offering of 350,000 to 1,400,000 shares of common stock, $.10 par value per
share (the "Common Stock"). In connection with this offering, the Company issued
418,057 shares, resulting in aggregate gross proceeds to the Company of
$3,762,513. This Post-Effective Amendment No. 1 is filed in order to deregister
the shares of Common Stock to the extent such securities were not issued, as
described above.
-2-
SIGNATURES
In accordance with the requirements of the Securities Act of 1933, as
amended (the "Securities Act"), the Registrant has duly caused this post-
effective amendment to its Registration Statement to be signed on its behalf
by the undersigned, thereunto duly authorized, in the City of Charlotte,
State of North Carolina, on June 6, 1997.
THE THAXTON GROUP, INC.
By: /s/ Kenneth H. James
Kenneth H. James, Chief Financial Officer
Pursuant to the requirements of the Securities Act, this Registration
Statement has been signed by the following persons in the capacities and on
the dates indicated.
Signature Title Date
/s/ JAMES D. THAXTON* Chairman, President and Chief June 6, 1997
James D. Thaxton Executive Officer
/s/ ROBERT L. WILSON* Executive Vice President, Chief June 6, 1997
Robert L. Wilson Operating Officer and Director
/s/ KENNETH H. JAMES Vice President, Chief Financial Officer, June 6, 1997
Kenneth H. James Treasurer, Secretary and Director
(Principal Accounting Officer)
/s/ C.L. THAXTON, SR.* Director June 6, 1997
C.L. Thaxton, Sr.
/s/ JACK W. ROBINSON* Director June 6, 1997
Jack W. Robinson
/s/ PERRY L. MUNGO* Director June 6, 1997
Perry L. Mungo
*By: /s/ KENNETH H. JAMES
Attorney-in-Fact
-3-