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7/25/2019 Dig 101861
1/3
CURITI AND
XCHANG COMMI ION
h1mW~ IDU@m~~
A
e
rief summ ry of fin nci l propos ls filed with nd ctions y the S E C
III .,4I.,lnl
f.1I
toxt
f
R.I.o...
1r01ll Publicotlo l
U:tlt.
cit.
IIUIII
It.,
Washington 25,D
FOR R E L E SE . . . . . ; : ; o~c. : ; ; t o~b; . ; : e. =. . r. . . : l ~9; . : : ; 6
SEC
TO
PARTI CI PATE
I N
TRUSTORS'
CORP.
REORGANI ZATI ON.
The
SEC
has
ent ered
i t s
appear ance
i n
t he
Chapt er X proceedi ngs f or t he r eorgani zat i on of Trustors' Corpor ati on. of Los Angel es. The Debt or operat ed
pr i nc i pal l y
i n
Southern
Cal i f or ni a
w t h
of f i c es
i n
Los
Angel es.
I t s
busi ness
was
t he
pur chase
and
r esal e
of second t r us t deed not es. I nvestors i n t hese not es wer e prom sed an annual return of 10~ on t hei r i nvest -
ment .
The
not es
wer e
ret ai ned
i n
t he
possessi on
of
t he
Debt or
whi ch
servi ced
t hem f o r
i t s
cust omer s
by
att endi ng t o such matt ers as col l ec t i ons and del i nquenci es. Some 1, 800 i nvestors hol d about $8. 9 m l l i on
i n f ace amount of not es. $1. 5 m l l i on of whi ch ar e t he Debt or' s own obl i gat i ons secured by var i ous of i t s
assets. Many of t he t r us t not es ar e now i n def aul t .
The
Debt or
al so
has
out st andi ng
42. 834
shares
of
6~ cumul at i ve
pref er r ed
stock,
$5
par
val ue,
hel d
by
492 shar ehol der s. Al l of t he pref erred stock was sol d t o t he publ i c f ol l ow ng r egi s t r a t i on under t he Secur i
t i es Act of 1933. Al l of t he out st andi ng common stock hel d by of f i c er s of t he company.
As of J anuar y 31, 1961, t he Debt or' s unaudi t ed bal ance sheet showed asset s t ot al l i ng about $9. 8 m l l i o n ,
consi st i ng of $3. 3 m l l i on i n real estate and $6. 5 m l l i on r ecei vabl e under cont racts by whi ch i t had sol d
real estate. As of t he same dat e, l i abi l i t i es consi st ed of $8. 9 m l l i on i n mor t gages payabl e.
NUTRI - BI O
CORP.
FI LES
FOR
SECONDARY.
Nut r i - Bi o
Corpor ati on,
291
South
La
Ci enega
Bl vd. ,
Beverl y
Hi l l s .
Cal i f f i l ed a r egi s t r a t i on st at ement ( F i l e 2- 19144) w t h t he SEC on Oct ober 17t h seeki ng r egi s t r at i on of
1. 200. 000
out st andi ng
shares
of
common
stock,
t o
be
of f ered
f or
publ i c
sal e
by
t he
present
hol der s
t hereof .
The
of f er i ng
w l l
be
made
at
$5
per
shar e
t hrough
under wr i t ers
headed
by
Vi ckers,
MacPher son
Warw ck.
I nc.
whi ch w l l recei ve a 50 per share comm ssi on and $35, 000 f or expenses. The r egi s t r at i on st at ement al so i n-
cl udes
120. 000
out st andi ng
shares
under l yi ng
l 8-mont h
warr ant s
t o
be
sol d
t o
t he
under wr i t ers
by
t he
s el l i ng
st ockhol der s
f or
$1. 200.
exerci sabl e
at
$5
per
share.
The
under wr i t ers
w l l
del i ver
warr ant s
t o
pur chase
20, 000 of such shares t o Mur r ay Gi l ber t f or servi ces i n connect i on w t h t hi s of f er i ng. The prospectus state
t hat 600. 000 of t he shares bei ng of fered w l l be reserved f or pr i or of f e r i ng t o cer t ai n of t he company' s
di s t r i buto r s
at
t he
publ i c
of f er i ng
pr i ce.
The company i s engaged pr i mar i l y i n t he sal e and di s t r i but i on t hr oughout t he Uni t ed States of vi t amn.
m neral
and
pro tei n
di etary
f ood
suppl ement s
f or
human
consumpt i on.
I t
has
out st andi ng
3. 547. 985
shares
of
common stock ( a f t e r gi vi ng ef fect t o a r ecent 33S- f or - l stock s p l i t ) , of whi ch J . Ear l Shoaf f , presi dent and
board chai r man, and F. Ri chard Schnackenber g. J . Harr y Ebber t , J ames C, Lew s . Rober t Cumm ngs and Paul R.
Wat son,
seni or
v i ce
presi dent s,
own
16. 74~,
10. 76~,
15. 62~,
14. 90%
l 5. 99~ and
l 4. 90~,
respect i vel y .
and
propose
t o
sel l
200, 000
shares
each.
HOERNER BOXES FI LES STOCK PLAN. Hoer ner Boxes, I nc . , 600 Mor gan Street , Keokuk, I owa, f i l ed a r egi s t r a -
t i on
st at ement
( F i l e
2- 19147)
w t h
t he
SEC
on
Oct ober
16t h
seeki ng
r egi s t r at i on
of
64, 000
shares
of
common
stock. t o be of f ered pursuant t o i t s 1960 Key Empl oyees ' Rest r i c ted Stock Opti on Pl an.
POPULAR LI BRARY FI LES ~9R SECONDARY. Popul ar L i brary , I nc . , 355 Lexi ngt on Avenue. New York, f i l ed a r e
i s t r at i on st at ement ( F i l e 2- 19148) w t h t he SEC on Oct ober 17t h seeki ng r egi s t r a t i on of 127, 500 out st andi ng
shares of capi t al st ock, t o be of fered f or publ i c sal e by Ned L. Pi nes, presi dent . The of f er i ng w l l be
made on an al l or none basi s t hrough under wr i t ers headed by Sutro Br os. Co. The publ i c of f er i ng pr i c e and
underwri t i ng t er ms ar e
t o
be suppl i ed by amendment . The r egi s t r a t i on st at ement al so i ncl udes I 50, 000
shares i ssuabl e upon conver si on of t he 4~ conver t i bl e not es of t he company, and ( 2) 20, 000 out st andi ng shar
previ ous l y sol d by Pi ne~ t o ~ert ai n pers ons and compani es. Of t he l at t er stock, 10, 000 shares ( and 10. 000
shares
whi ch
t he
underwr l t ~r
w l l
reserve
f or
sal e
t o
Harol d
Capl i n.
an
associ ate
of
t he
under wr i t er,
and
t o associ ates of hi s , at t he publ i c of f er i ng pr i ce) may be sol d f r om t i me t o t i me at pr i vate sal e or i n t he
over- t he- counter
mar ket
or
on
an
exchange,
i f
t he
stock
i s
l i s t ed,
at
pr i ces
r e l ated
t o
t he
mar ket
pr i ces
pre
vai l i ng at t he t i me of ~a1e
The company i s pr i ~~r i l y engaged i n t he publ i cat i on and sal e of pocket - s i ze paper back books and al so
publ i shes
and
s el l s
magazi nes.
I n
addi t i on
t o
cer t ai n
i ndebt edness.
t he
company
has
out st andi ng
466, 000
shares of capi t al st o~k. of whi ch Pi nes owns 446. 000 shares and pr oposes t o sel l t he 127, 500 shares. I n
Sept ember
1961.
t he
company
sol d
$200, 000
of
4~~ conver t i bl e
not es
t o
cer t ai n
of
t he
partners
i n
Sutro
Bros,
and t o Harol d S. Capl i n. The not es ar e conver t i bl e at t he r a te of 25 shares f or each $100 of not es. Pi nes
sol d
t he
sai d
20. 000
shares
i n
Sept ember
1961
as
f ol l ows:
7, 500
t o
Frank
P.
Lual di
f or
$20, 000;
2. 500
t o
partners and a f ormer p~r t ner i n Whi t ehor n Corw n f or $10. 000; 5, 000 t o Frankel , Abr aham Company f or
$20, 000;
and
5, 000
t o
McGol dri ck,
Dannet t ,
Horow tz
Gol ub
f or
$20. 000.
As
i ndi cat ed
above,
t he
shares
owned
by
t he
l at t er
t wo
f i rms
ar e
i ncl uded
i n
t he
st at ement.
I NTERNATI ONAL
AFRI ~AMERCLAN
SEEKS ORDER.
I nternat i onal
Af r i can
Amer i can
Corpor ati on.
New York
i nves
ment company, has appl i ed t o t he SEC f or an exempt i on order under t he I nvestment Company Act w t h respect t o
t he exerci se of cer t A, . ; ' ll tinl119 t o pur chase secur i t i es and t he subsequent sal e of such secur i t i es t o a f f i l i a t
per sons;
and
t he
Comm ss i on
has
i ssued
an
or der
( Rel ease
l C- 3336)
gi vi ng
i nterested
pers ons
unt i l
Oct ober
30
t o
r equest
a beari ng
t h~r con,
OVI R
7/25/2019 Dig 101861
2/3
NEWS DI GEST, OCTOBER 18. 1961
Page
2
The appl i cant ( l I l AACI t )was organi zed f or t he pur pose of acqui r i ng, expl or i ng and devel opi ng a m ni ng
cessi on i n L i ber i a. I n 1953 i t obt ai ned a m ni ng concessi on f r om t he L i ber i an gover nment and organi zed
L i ber i an Amer i can- Swedi sh M nera l s Company ( Lamco ) , a L i ber i an cor porati on, t o operat e t he concessi on;
50% of
Lamco' s
stock
was
i ssued
t o
l AAC
and
t he
bal ance
t o
t he
L i ber i an
gover nment
i n
l i e u
of
al l
t axes
r wi se payabl e by Lamco. Subsequentl y, l AAC t r ans f er r ed one- hal f of i t s i nteres t ( or 25% of Lamco' s
t o a group of s i x l arge Swedi sh I ndust r i al concerns known as t he Swedi sh Lamco Syndi cate. The i nt e r -
l AAC and t he Syndi cate i n Lamco wer e l at e r t r ans f er r ed t o L i ber i an I r on Or e Li m t ed ( I I LI O ) ; and by
of cer t ai n comm t ment s and i nvest ment s by t he Syndi cate i n L10, I AAC' s i nt eres t i n LI O now approxi -
at es 16% Beth l ehem Steel Cor p. i n 1958 obt ai ned a 25% i nt eres t i n t he concessi on by ent er i ng i nt o a j Oi nt
nt ur e wi t h Lamco t o devel op t he concessi on. By J une 14, 1961, ar r angement s wer e compl et ed f or t he f i nan-
ng of Lamco' s por t i on of t he expenses of t he j oi nt venture under whi ch about $125. 000, 000 i s t o be made
vai l abl e
t o
Lamco
f or
f ur t her
devel opment
of
t he
concessi on.
Under recent agr eement s and i n or der t hat l AAC m ght r egai n a por t i on of i t s f or mer equi t y i nt eres t i n
O and Lamco. I AAC has been grant ed t he f ol l owi ng opt i ons: ( a) Opti ons t o pur chase f r om LI O al l or any
of 40, 000 LI O shares f or an opt i on pr i c e i n cash of $10 per share; ( b) Opti ons t o pur chase f r om t he
yndi cate
al l
or
any
par t
of
237, 412
LI O
shares
f or
an
opt i on
pr i c e
i n
cash
equal
t o
$15
per
share
pl us
i n-
at t he r a te of 6% per annum f r om December 31, 1960 t o t he date of payment of t he opt i on pr i ce; and ( c
pti ons t o pur chase f r om t he Syndi cate al l or any par t of $6, 000, 000 of LAMeO debentures and 180, 000 LI O
i n uni ts cons i s t i ng of three LI O shares and one $100 pr i nc i pal amount LAMeO debenture at an opt i on
r i c e i n cash of $100 pl us accrued i nt eres t f or each uni t . l AAC proposes t o i s sue t o i t s st ockhol ders, pr o
and wi t hout cost , three c l asses of t rans f erabl e r i ght s c er t i f i cat e s r epr esent i ng r i ght s t o pur chase t he
and debentur es cover ed by each of t he three c l asses of opt i ons at l AAC' s exer c i se pr i ce. Some of such
ockhol ders ar e af f i l i at ed per sons of l AAC. l AAC may sel l unexer ci sed opt i ons or exerc i se sueh opt i ons and
l l t he secur i t i es t hus acqui r ed.
FEDERATED
FUND
SEEKS
ORDER.
Feder at ed
Fund,
Bost on,
has
appl i ed
t o
t he
SEC
f or
an
or der
under
t he
I n-
t ment Company Act decl ar i ng t hat i t has ceased t o be an i nvest ment company; and t he Comm ssi on has i ssued
or der ( Rel ease I C- 3337) gi vi ng i nt eres ted per sons unt i l November 3d t o r equest a hear i ng t her eon. Pur-
t o a pl an appr oved by shar ehol der s i n 1956, al l of Federat ed' s assets wer e t r ans f er r ed t o I ncome Found
on Fund, I nc. , i n exchange f or t he l at t er ' s shar es, whi ch have been d~st r i but ed i n exchange f or Feder at ed
e res
,
STARDUST
MOTEL
ASSOCI ATES
FI LES
FOR
OFFERI NG.
Star dust
Mot el
Associ ates,
122
East
42nd
Street ,
New
f i l ed a r egi s t r at i on st at ement ( F i l e 2- 19151) wi t h t he SEC on Oct ober 17t h seeki ng r egi s t r a t i on of
15, OOO of Li m t ed Part nershi p I nt eres ts , t o be of f ered f or publ i c sal e i n 71 uni t s . The of f er i ng wi l l be
,i. at $5, 000 per uni t on a best e f f o r t s al l or nothi ng basi s by Nat Ber ger Associ ates, I ncor porated,
hi ch
wi l l
recei ve
a
$375
per
uni t
s el l i ng
comm SSi on
and
$11, 375
f or
expenses.
Associ ates i s a l i m t ed par t ner shi p organi zed under New York l aw i n Oct ober 1961 f or t he pur pose of
i ' L r chas i ng t he f ee t i t l e t o t he Star dust Mot or Hotel , l ocated i n Boi se, I daho. An Agr eement t o pur chase t he
~\ ) t el , ar bi t r ar i l y val ued at $50, 000, was cont r i but ed t o Associ ates by Harol d Agl er, Abr aham M. Karrass,
:~mil
Tauber
and
Nat
Ber ger ,
as
or i gi nal
Li m t ed
Partners,
f or
whi ch
t hey
r ecei ved
Subor di nat ed
Li m t ed
i dr t nershi p I nt e res t s i n t he amount s of $10, 000, $10, 000, $5, 000 and $25, 000, r espect i vel y . I n addi t i on,
' . l er and Karrass each cont r i but ed $5, 000 cash t o t he Part nershi p as t h ei r capi t al cont r i but i on as General
' ar t ners . They wi l l r ecei ve $82, 500 f r om t he Part nershi p and wi l l pay al l expenses i n connecti on wi t h t hi s
01[ er i ng
and
i n
connecti on
wi t h
t he
f ormati on
of
t he
Par t nershi p.
I n
Sept ember
1961,
t he
nom nee
of
t he
v~ gi nal Li m t ed Partners exerci sed an opt i on t o acqui r e t he Mot el f rom Mot or Hotel s, I nc . The pur chase
, ' dc e i s $1, 160, 000, payabl e $245, 000 i n cash, of whi ch $15, 000 was advanced as a deposi t by t he General
P~r t ner s, and t he bal ance by t aki ng t he property subj ect t o a f i r s t mor t gage i n t he amount of $450, 000 and
, \ pur chase money second mor t gage i n t he amount of $465, 000. A brokerage comm ssi on of $37, 500 i s due t o
l ' r l UlP. Zi nner , t he to ta l cost of t he Mot el t heref or bei ng $1, 197, 500. The Mot el wi l l be operat ed by Mot el
u~erat i ng Cor p. under a net l ease wi t h Associ ates.
J OHN NUVEEN CO. FI LES OFFERI NG. J ohn Nuveen Co. , 135 South LaSal l e Street , Chi cago, f i l ed regi s -
, r at i on
st at ement s
( F i l es
2- 19149
and
2- 19150)
W t h
t he
SEC
on
Oct ober
17t h
seeki ng
r egi s t r at i on
of
( 1)
$15, 300, 000 of uni t s r epr esent i ng f rac t i onal undi vi ded i nt e res t s i n t he Nuveen Tax- Exempt Bond Fund, Ser i es
3,
and
( 2)
a
l i k e
amount
of
uni ts
~n
t he
Nuveen
Tax- Exempt
Bond
Fund,
Ser i es
4.
J AYL I S I NDUSTRI ES FI LES FI NANCI NG PLAN. J a y l i s I ndust r i es , I nc . , 514 West Ol ympi c Bl vd. , Los Angel es,
roday f i l ed a r egi s t r at i on st at ement ( F i l e 2- 19152) wi t h t he SEC seeki ng r egi s t r at i on of $850, 000 of 6~%
subordi nat ed s i nk i ng f und debentures due 1971 and 212, 500 shares of Cl ass A commop st ock, t o be of f ered f or
ub
I I c sal e i n uni ts cons i s t i ng of $100 of debentur es and 25 shares. The of f er i ng wi l l be made at $200
, r
uni t
t hrough
underwr i t ers
headed
by
D. E. Li eder man
Co. ,
I nc . ,
whi ch
wi l l
r ecei ve
a
$20
per
uni t
com
~I ss i on and $15, 000 f or expenses. The r egi s t r a t i on st at ement al so i ncl udes ( 1) 30, 000 Cl ass shares under-
i yi ng f i ve- year war r ant s sol d t o t . h eunder wr i t er a~ l per war r ant , exer c i sabl e i ni t i al l y at $5 per share,
.nd
( 2) 21. 000 out st andi ng Cl ass A shares and 21, 000 out st andi ng Cl ass B shares sol d t o t he pr i nc i pal under-
r i t er by t he previ ous hol ders t hereof at $1. 30 and $1 per share, r espect i vel y .
The
company
i s
engaged
i n
t he
manuf act ure,
d ts
t
r f b u
t
ton
,
promot i on
and
sal e
of
t he
I t J ayl i s l l pat ent ed
t raverS i ng
screen
f or
use
as
wi ndow cover i ngs,
r OOI D
di Vi ders,
f ol di ng
door s,
c l oset
encl osur es
and
s i m l a r
vpp l LcatLons , The $1, 475, 000 est i mated net proceeds f r om t he stock sal e wi l l be used as f ol l ows :
1
$130, 000
f or
t he
r epayment
of
out st andi ng
Shol t - t e rm bank
l oans,
t he
proceeds
of
whi ch
wer e
ut i l i zed
by
t he
; ompany
f or
expansi on
of
di s t r i but i on
f a c i l i t i e s
and
wor ki ng
capi t a l ,
( 2)
$57, 000
f or
payment
of
t he
bal ance
G~e on t he pur chase pr i c e of t he bUSi ness and assets of J a y l i s of t he Pac i f i c , a di s t r i buto r of t he
7/25/2019 Dig 101861
3/3
SEC NEWS DI GEST, OCTOBER 18, 1961
Page
3
company' s pr oducts; ( 3) $150, 000 f or t he est abl i shment of a r egi onal of f i c e, company- owned di s t r i but o r s hi p
and
model
r et a i l
out l et
i n
t he
c i t y
of
New York;
( 4)
$250, 000
f or
t he
est abl i shment
of
not
l es s
t han
t wo
addi t i onal company- owned di s t r i buto rshi ps i n maj or market i ng areas t o be sel ect ed by t he company; ( 5)
$100, 000
f or
i ndependent
f r anchi sed
di s t r i buto r
organi zat i on,
r ec r ui t i ng
and
t r ai ni ng;
( 6)
$53, 000
f or
de-
s i gn and pr oduct i on of sal es ai d materi al s; ( 7) $260, UOO f or manuf act uri ng f a c i l i t i e s and addi t i onal tool i n
and ( 8) t he bal ance, or approxi mat el y $475, 000, wi l l be added t o worki ng capi t al and used f or gener al corpo
at e pur poses.
Purs uant t o a proposed recapi ta l i zat i on, t he 20, 000 capi t al shares now out standi ng wi l l be exchanged f
250, 000
new Cl ass
A
shares.
Pr i or
t o
t hi s
of f er i ng,
7, 800
shares
of
Cl ass
common
stock
wi l l
be
i ssued
t o
Uni ver se
Product s
Company
i n
cancel l at i on
of
a
not e
of
t he
company
i n
t he
amount
of
$31, 202,
based
upon
cas
advances
t o
t he
company,
and
4, 836
shares
wi l l
be
i ssued
t o
Paragon
Tool ,
Di e
Engi neeri ng Co. i n cancel l a
t i on
of
a
not e
of
t he
company
i n
t he
amount
of
$19, 345
ar i s i ng
out
of
t he
pur chase
of
cer t ai n
t ool i ng.
At
t he
same
t i me,
300, 000
shares
of
Cl ass
B
common
stock
wi l l
be
i ssued
t o
Uni ver se
Product s
Company,
a
l i m t e
part nershi p of whi ch J ames Hi rashi k i , presi dent of t he company, i s t he s ol e gener al partner, 1n exchange f o
t he
t ransf er
t o
t he
company
of
cer t ai n
l i c ens i ng
and
royal ty
agr eement s
wi t h
r espect
t o
f ore i gn
r i ght s
t o
t he
t l J ayl i s s cr een
and
as
f i nal
consi derat i on
f or
a
pr i or
l i c ens i ng
agr eement
and
stock
of
J a y l i s
Sal es
Corpor ati on. Gi vi ng ef f ect t o t hese t r ansact i ons and s ai d recapi ta l i zat i on, t he company wi l l have out st and
i ng
262, 636
Cl ass
A
and
300, 000
Cl ass
B
shar es,
of
whi ch
Uni ver se
Product s
Company
wi l l
own
50. 51.
and
911. ,
respect i vel y . Hi rashi k i hol ds a 50% i nte rest i n Uni ver se Product s Company. The present book val ue of out -
st andi ng
stock
( a f te r
combi ni ng
Cl ass
A
and
Cl ass
B
shares)
i s
about
25
per
shar e.
Af t er
sal e
of
t he
uni t
book
val ue
wi l l
be
i ncreased
t o
about
$1. 28
per
shar e.
CARI BBEAN SHOE CORP. FI LES FOR_OFFERI NG AND SECONDARY, Cari bbean Shoe Corp. , 253 S. W 8t h Street ,
M am ,
Fl a. ,
t oday
f i l ed
a
r egi s t r a t i on
st at ement
( F i l e
2- 19153)
wi t h
t he
SEC
seeki ng
r egi s t r a t i on
of
149, 794 shares of common stock, of whi ch 146, 667 shares ar e t o be of f ered f or publ i c sal e by t he company
and
3, 127
shares,
bei ng
out st andi ng
stock,
by
W l l i am Rei d,
a
f or mer
di recto r .
The
of f er i ng
wi l l
be
made
a
$6
per
share
t hrough
under wr i t ers
headed
by
Rober t
L.
Fer man
Co. ,
I nc . ,
whi ch
wi l l
recei ve
a
60
per
shar
comm ssi on. The r egi s t r a t i on st at ement al so i ncl udes ( 1) 14, 167 out st andi ng shares s ol d t o t he pr i nc i pal
under wr i t er by Mr s. Ni col as Stern (wi f e of t he company' s pr esi dent ) f or $11, 475. 27, and ( 2) 8, 000 out st and-
i ng
shares
whi ch
may
be
o f fe red
f r om t i me
t o
t i me
i n
t he
over- t he- counter
mar ket
by
Mr s.
Ster n.
The
company
( f ormer l y
Cari bbean
Modes,
I nc . )
i s
engaged
i n
t he
deSi gn,
manuf act ur e
and
di s t r i but i on
of
cust om made
shoes
f or
women,
bot h
i n
dress
and
casual
cat egor i es.
Of
t he
$730, 000
esti mated
net
proceeds
f r om t he
company' s
sal e
of
addi t i onal
stock,
$173, 000
wi l l
be
used
t o
r epay
exi s t i ng
obl i gat i ons
t o
banks
and
l endi ng
i ns t i t u t i ons
i ncurr ed
dur i ng
1961
f or
~orki ng
capi t al
pur poses,
$80, 000
t o
r epay
obl i gat i ons
du
t o
W l l i am Rei d,
$100, 000
f or
i nvent ory
bui l d- ups ,
$15, 000
f or
advert i s i ng
and
merchandi si ng,
and
t he
bal an
wi l l
be
added
t o
gener al
f unds
and
ut i l i z ed
i n
l i e u
of
bank
and
other
i ns t i t u t i onal
bor r OW ngs,
f or
product
desi gn
and
as
requi r ed
f or
other
worki ng
capi t al
and
corporate
pur poses.
I n
addi t i on
t o
cer t ai n
i ndebt edness,
t he
company
has
out st andi ng
249, 166
shares
of
common
stock
( a f t e r
gi vi ng
ef f ect
t o
a
r ecent
r e capi t a l i z at i on
wher eby
t he
81
shares
t hen
out st andi ng
wer e
r e cl as si f i ed
i nt o
234, 166 new common shares), of whi ch Ni col as St ern, preSi dent , owns 39. 021. ( i nc l udi ng 62, 367 shar es owned b
Mr s.
Stern),
and
management
o f f i c i a l s
as
a
gr o~p
42. 80%
SECURI TI ES
ACT
REGI STRATI ONS.
Ef f ec t i ve
Oct ober
18:
Automat ed
Bui l di ng
Component s,
I nc .
( F i l e
2- 18604
Guy' s
Food,
I nc .
( F i l e
2- 18629) ;
I nte r s ta te
Fi r e
Casual t y
Co.
( F i l e
2- 18755) ;
Ni agara
Mohawk
Power
Cor p.
( F i l e
2- 18995);
Panor am c
El ectr oni cs ,
I nc.
( F i l e
2- 18703);
Pennsauken
Mont gomeryvi l l e
Co.
( F i l e
2- 18619);
Pomer oy
Sm t h- Ewi ng
Hungi v i l l e,
62
Ltd.
( F i l e
2- 18670);
Ti l l i e
Lewi s
Foods,
I nc .
( F i l e
2- 18454) .
W t hdr awn Oct ober 18: Ver de Expl orat i on, Ltd. ( F i l e 2- 16972).
http:///reader/full/$11,475.27http:///reader/full/$11,475.27