-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JAhzrhwnWKpQU1SmE43usya6uX0lTyxtJt2GZ6Jif7NAmd0chis7rzeD9FAl7XOh agDQQ0lCq984as8qG11gvA== 0000791049-96-000011.txt : 19960916 0000791049-96-000011.hdr.sgml : 19960916 ACCESSION NUMBER: 0000791049-96-000011 CONFORMED SUBMISSION TYPE: 485B24E PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19960913 EFFECTIVENESS DATE: 19960913 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASCADES TRUST CENTRAL INDEX KEY: 0000791049 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 136868231 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485B24E SEC ACT: 1933 Act SEC FILE NUMBER: 033-04382 FILM NUMBER: 96629557 BUSINESS ADDRESS: STREET 1: 380 MADISON AVE STE 2300 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2126976666 MAIL ADDRESS: STREET 1: 380 MADISON AVENUE STREET 2: # 2300 CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TAX FREE TRUST OF OREGON DATE OF NAME CHANGE: 19890810 485B24E 1 Registration No. 33-4382 File No. 811-4626 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-1A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933[ X ] Pre-Effective Amendment No. __ [ ] Post-Effective Amendment No. 19 [ X ] REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 [ ] Amendment No. __ [ ] THE CASCADES TRUST (Exact Name of Registrant as Specified in Charter) 380 Madison Avenue, Suite 2300 New York, New York 10017 (Address of Principal Executive Offices) (212) 697-6666 (Registrant's Telephone Number) EDWARD M.W. HINES Hollyer, Brady, Smith, Troxell, Barrett, Rockett, Hines & Mone 551 Fifth Avenue, 27th Floor New York, New York 10176 (Name and Address of Agent for Service) It is proposed that this filing will become effective (check appropriate box): ___ [_X_] immediately upon filing pursuant to paragraph (b) [___] on (date) pursuant to paragraph (b) [___] 60 days after filing pursuant to paragraph (a)(i) [___] on (date) pursuant to paragraph (a)(i) [___] 75 days after filing pursuant to paragraph (a)(ii) [___] on (date) pursuant to paragraph (a)(ii) of Rule 485. [___] This post-effective amendment designates a new effec- tive date for a previous post-effective amendment. THE CASCADES TRUST INCORPORATION BY REFERENCE All information contained in Registrant's Registration Statement on Form N-1A, as previously amended through Post-Effective Amendment No. 18 under the Securities Act of 1933 and Post-Effective Amendment No. 18 under the Investment Company Act of 1940 dated April 5, 1996, is incorporated by reference without change. The Cascades Trust Calculation of Registration Fee
Proposed Proposed Title of Maximum Maximum Securities Amount Offering Aggregate Amount of Being Being Price Offering Registration Registered Registered Per Share * Price ** Fee Capital Indefinite*** N/A N/A N/A Stock par value $.01 Capital 1,463,361 $10.71 $15,672,602 $100 Stock par value $.01 * Computed under Rule 457(d) on the basis of the offering price per share at the close of business on September 10, 1996. ** Registrant elects to calculate the maximum aggregate offering price pursuant to Rule 24e-2. $ 50,676,823 of shares were redeemed during the fiscal year ended September 30, 1995, of which $ 25,269,370 of shares were used for reduction pursuant to paragraph (c) of Rule 24f-2 during the current year and $ 15,382,602 of shares (representing the balance after giving effect to reduction of $ 10,024,851 in value of shares issued in connection with dividend reinvestment plans) are being utilized for purpose of reduction pursuant to paragraph (a). An additional $290,000 of shares are being registered for $100. *** Registrant has registered an indefinite number or amount of securities under the 1933 Act pursuant to Rule 24f-2 under the Investment Company Act of 1940. The Rule 24f-2 Notice for Registrant's most recent fiscal year ended September 30, 1995 was filed on November 15, 1995 and amended on March 25, 1996.
SIGNATURES Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all the requirements for effectiveness of this Amendment to its Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933, and has caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York and State of New York, on the 12th day of September, 1996. THE CASCADES TRUST (Registrant) By: /s/Lacy B. Herrmann ___________________________ Lacy B. Herrmann President and Chairman of the Board Pursuant to the requirements of the Securities Act of 1933, this Registration Statement or Amendment has been signed below by the following persons in the capacities and on the date indicated. SIGNATURE TITLE DATE /s/Lacy B. Herrmann 9/12/96 ______________________ President, Chairman of ___________ Lacy B. Herrmann the Board and Trustee (Principal Executive Officer) /s/Vernon R. Alden 9/12/96 ______________________ Trustee ___________ Vernon R. Alden /s/Warren C. Coloney 9/12/96 ______________________ Trustee ___________ Warren C. Coloney /s/James A. Gardner 9/12/96 ______________________ Trustee ___________ James A. Gardner /s/Diana P. Herrmann 9/12/96 ______________________ Trustee ___________ Diana P. Herrmann /s/Ann R. Leven 9/12/96 ______________________ Trustee ___________ Ann R. Leven /s/Raymond H. Lung 9/12/96 ______________________ Trustee ___________ Raymond H. Lung /s/Richard C. Ross 9/12/96 ______________________ Trustee ___________ Richard C. Ross /s/Rose F. Marotta 9/12/96 ______________________ Chief Financial Officer ___________ Rose F. Marotta (Principal Financial and Accounting Officer) THE CASCADES TRUST EXHIBIT INDEX Exhibit Exhibit Number Name 23 Opinion and consent of counsel to the Fund regarding Rule 24e-2 matters 27 Financial Data Schedule EX-23 2 HOLLYER BRADY SMITH TROXELL BARRETT ROCKETT HINES & MONE LLP 551 Fifth Avenue New York, NY 10176 Tel: (212) 818-1110 FAX: (212) 818-0494 e-mail: wldbst@ix.netcom.com September 12, 1996 The Cascades Trust 380 Madison Avenue, Suite 2300 New York, New York 10017 Gentlemen: You have requested that we render an opinion to The Cascades Trust the (the "Trust") with respect to its only series Tax-Free Trust of Oregon ("TFTO") with respect post-effective amendment No. 19 to the Registration Statement of the Trust under the Securities Act of 1933 to increase the number of its registered shares pursuant to Section 24(e) of the Investment Company Act of 1940 (the "1940 Act") and the Rules of the Securities and Exchange Commission thereunder. We have examined originals or copies, identified to our satisfaction as being true copies, of those corporate records of the Trust, certificates of public officials, and other documents and matters as we have deemed necessary for the purpose of this opinion. We have assumed without independent verification the authenticity of the documents submitted to us as originals and the conformity to the original documents of all documents submitted to us as copies. Upon the basis of the foregoing and in reliance upon such other matters as we deem relevant under the circumstances, it is our opinion that the number of shares of TFTO being registered by the above amendment, when issued and paid for in accordance with the terms set forth in the prospectus and statement of additional information of the Trust forming a part of its then effective Registration Statement as heretofore, hereby and hereafter amended, will be duly issued, fully-paid and non-assessable to the extent set forth therein. This letter is furnished to you pursuant to your request and to the requirements imposed upon you by Section 24(e) under the Act and is intended solely for your use for the purpose of completing the filing of the amendment with the Commission. This letter may not be used for any other purpose or furnished to or relied upon by any other persons, or included in any filing made with any other regulatory authority, without our prior written consent. We hereby consent to the filing of this opinion with said amendment. Very truly yours, HOLLYER BRADY SMITH TROXELL BARRETT ROCKETT HINES & MONE LLP /s/ W.L.D. Barrett W.L.D. Barrett, Partner EX-27 3
6 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGISTRANT'S SEMI-ANNUAL REPORT DATED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 0000791049 TAX-FREE TRUST OF OREGON, A SERIES OF THE CASCADES TRUST 6-MOS SEP-30-1996 MAR-31-1996 291,607,267 301,886,670 4,197,772 378,262 0 306,462,704 0 0 481,915 481,915 0 294,909,884 29,147,816 29,423,007 0 0 500,024 0 10,279,403 305,980,789 0 8,908,492 0 (1,108,455) 7,800,037 500,024 (1,853,193) 6,446,868 0 (7,800,037) (292,145) 0 936,398 (1,647,131) 435,542 (4,573,311) 0 179,410 0 0 308,623 0 1,121,180 311,126,534 10.55 0.27 (0.04) (0.27) (0.01) 0 10.50 .72 0 0
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