-----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, IRqeO8zYsmEEe1QhhWPsf7Y+uoqJM0PQibNxp1dZP0K2iehKC5z9lu1FzrfFO1ww eQjknyJoiapJG/xB788YZA== 0000950148-96-000259.txt : 19960228 0000950148-96-000259.hdr.sgml : 19960228 ACCESSION NUMBER: 0000950148-96-000259 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960226 SROS: NONE GROUP MEMBERS: AMERICAN ASSETS INC GROUP MEMBERS: AVRETT ENTERPRISES LTD GROUP MEMBERS: CANADIAN SECURITIES CORP GROUP MEMBERS: CANPAC ENTERPRISES LTD GROUP MEMBERS: EVELYN SHIRLEY RADY GROUP MEMBERS: INSURANCE COMPANY OF THE WEST GROUP MEMBERS: MEMRAD HOLDINGS LTD GROUP MEMBERS: RADY ERNEST S ET AL GROUP MEMBERS: SILPIT INDUSTRIES CO LTD GROUP MEMBERS: SORB HOLDINGS INC GROUP MEMBERS: SUMMIT RESOURCEDS LTD GROUP MEMBERS: UNION ASSETS LTD GROUP MEMBERS: WESTERN INSURANCE HOLDINGS INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTCORP /CA/ CENTRAL INDEX KEY: 0000813461 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 510308535 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-40199 FILM NUMBER: 96525493 BUSINESS ADDRESS: STREET 1: 23 PASTEUR RD CITY: IRVINE STATE: CA ZIP: 92718 BUSINESS PHONE: 7147271000 MAIL ADDRESS: STREET 1: 23 PASTEUR RD CITY: IRVINE STATE: CA ZIP: 92718 FORMER COMPANY: FORMER CONFORMED NAME: WESTCORP INC DATE OF NAME CHANGE: 19900917 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RADY ERNEST S ET AL CENTRAL INDEX KEY: 0001008243 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: DKDKDK SC 13G 1 SC 13G 1 OMB APPROVAL --------------------------- OMB Number: 3235-0145 Expires: October 31, 1994 Estimated average burden hours per response: 14.90 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 Initial Filing WESTCORP - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $1.00 Par Value - ------------------------------------------------------------------------------- (Title of Class of Securities) 957907108 - ------------------------------------------------------------------------------- (CUSIP Number) Check the following box if a fee is being paid with the statement [x] . (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Continued on following page(s)) Page 1 of 31 Pages 2 CUSIP NO. 957907108 13G PAGE 2 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ERNEST S. RADY Social Security No. ###-##-#### 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* IN
*SEE INSTRUCTIONS BEFORE FILLING OUT! 3 CUSIP NO. 957907108 13G PAGE 3 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON EVELYN SHIRLEY RADY Social Security No. ###-##-#### 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* IN
*SEE INSTRUCTIONS BEFORE FILLING OUT! 4 CUSIP NO. 957907108 13G PAGE 4 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CANADIAN SECURITIES CORPORATION I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 5 CUSIP NO. 957907108 13G PAGE 5 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON AMERICAN ASSETS, INC. I.R.S. ID NO. 95-249-3347 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 6 CUSIP NO. 957907108 13G PAGE 6 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON AVRETT ENTERPRISES, LTD. I.R.S ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 7 CUSIP NO. 957907108 13G PAGE 7 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CANPAC ENTERPRISES, LTD. I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 8 CUSIP NO. 957907108 13G PAGE 8 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON INSURANCE COMPANY OF THE WEST I.R.S. ID NO. 95-2769232 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 9 CUSIP NO. 957907108 13G PAGE 9 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON MEMRAD HOLDINGS, LTD. I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 10 CUSIP NO. 957907108 13G PAGE 10 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SILPIT INDUSTRIES CO., LTD. I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 11 CUSIP NO. 957907108 13G PAGE 11 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SORB HOLDINGS, INC. I.R.S. ID NO. 33-0013526 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 12 CUSIP NO. 957907108 13G PAGE 12 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SUMMIT RESOURCES LIMITED I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 13 CUSIP NO. 957907108 13G PAGE 13 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON UNION ASSETS, LTD. I.R.S. ID NO. (No I.R.S. ID No. as it is a Canadian corporation) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CANADA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 14 CUSIP NO. 957907108 13G PAGE 14 OF 31 PAGES 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON WESTERN INSURANCE HOLDINGS, INC. I.R.S. ID NO. 95-2890041 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA NUMBER OF 5 SOLE VOTING POWER SHARES SEE ITEM 4 OWNERSHIP BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON SEE ITEM 4 OWNERSHIP WITH 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 4 OWNERSHIP 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Approximately 60.65% (based on 16,221,682 shares outstanding) 12 TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT! 15 ITEM 1. SECURITY AND ISSUER. Common Stock, $1.00 par value WESTCORP 1111 E. Katella Ave. Orange, CA 92667 ITEM 2. IDENTITY AND BACKGROUND. Ernest S. Rady (a) Ernest S. Rady (b) Mr. Rady's residence address is: Ernest S. Rady 1820 La Jolla Rancho Road La Jolla, CA 92037 (c) Mr. Rady is a Canadian citizen. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Evelyn Shirley Rady (a) Evelyn Shirley Rady (b) Mrs. Rady's residence address is: Evelyn Shirley Rady 1820 La Jolla Rancho Road La Jolla, CA 92037 (c) Mrs. Rady is a Canadian citizen. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 American Assets, Inc. (a) American Assets, Inc. (b) The principal business address is: American Assets, Inc. 10140 Campus Point Drive San Diego, CA 92121 (c) California corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Avrett Enterprises, Ltd. (a) Avrett Enterprises, Ltd. (b) The principal business address is: Avrett Enterprises, Ltd. 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 (c) Canadian corporation. (d) Title of Class of Securities: Common Stock. Page 15 of 31 Pages 16 (e) CUSIP No. 957907108 Canadian Securities Corporation, Ltd. (a) Canadian Securities Corporation, Ltd. (b) The principal business address is: Canadian Securities Corporation, Ltd. 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 (c) Canadian corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Canpac Enterprises, Ltd. (a) Canpac Enterprises, Ltd. (b) The principal business address is: Canpac Enterprises, Ltd. 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 (c) Canadian corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Insurance Company of the West (a) Insurance Company of the West (b) The principal business address is: Insurance Company of the West 10140 Campus Point Drive San Diego, CA 92121 (c) California corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Memrad Holdings, Ltd. (a) Memrad Holdings, Ltd. (b) The principal business address is: Memrad Holdings, Ltd. 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 (c) Canadian corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Page 16 of 31 Pages 17 Silpit Industries Co., Ltd. (a) Silpit Industries Co., Ltd. (b) The principal business address is: Silpit Industries Co., Ltd. 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 (c) California corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Sorb Holdings, Inc. (a) Sorb Holdings, Inc. (b) The principal business address is: Sorb Holdings, Inc. 10140 Campus Point Drive San Diego, CA 92121 (c) Canadian corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Summit Resources Limited (a) Summit Resources Limited (b) The principal business address is: Summit Resources Limited 700-340 12th Ave. Calgary, Alberta Canada T2R 1L5 (c) Canadian corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Union Assets, Ltd. (a) Union Assets, Ltd. (b) The principal business address is: Union Assets, Ltd. 203-213 Notre Dame Winnipeg, Manitoba Canada R3B 1N3 (c) Canadian corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Page 17 of 31 Pages 18 Western Insurance Holdings, Inc. (a) Western Insurance Holdings, Inc. (b) The principal business address is: Western Insurance Holdings, Inc. 10140 Campus Point Drive San Diego, CA 92121 (c) California corporation. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 ITEM 3. NATURE OF PERSON. Not Applicable. Group filing but not under Rule 13d-1(b)(2). ITEM 4. OWNERSHIP. This filing is for the cumulative share holdings of an affiliated group as of the end of the calendar year 1986, the year in which the Issuer first became a registered issuer under Section 12 of the Securities Exchange Act of 1934. All of the shares held as of the year end were owned by the various entities for at least one year prior to such registration. The various entities named in this Schedule 13G directly or indirectly collectively owned, as of December 31, 1986, 9,838,111 outstanding shares of Common Stock of the Issuer, representing 60.65% of the outstanding shares of Common Stock of the Issuer. Exhibit A attached hereto and incorporated by this reference herein depicts the relationship among the various affiliated companies in the "Rady" group. There is no formal agreement to vote or dispose of the shares of the Issuer in a particular manner. The dispositive and voting power of each of the individuals and companies shown on Schedule A is made independent of the other, except to the extent that Mr. and Mrs. Rady may be shareholders, officers and/or directors of the various companies and in that respect are able to control disposition and voting of the shares of the Issuer owned by each such company. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Not Applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. None. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not Applicable. Page 18 of 31 Pages 19 ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Ernest S. Rady (a) Ernest S. Rady (b) Mr. Rady's residence address is: Ernest S. Rady 1820 La Jolla Rancho Road La Jolla, CA 92037 (c) Mr. Rady is a Canadian citizen. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 Evelyn Shirley Rady (a) Evelyn Shirley Rady (b) Mrs. Rady's residence address is: Evelyn Shirley Rady 1820 La Jolla Rancho Road La Jolla, CA 92037 (c) Mrs. Rady is a Canadian citizen. (d) Title of Class of Securities: Common Stock. (e) CUSIP No. 957907108 American Assets, Inc. (a) American Assets, Inc., a California corporation
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ Ernest S. Rady Chairman, Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Jeffrey B. Davis President, Director 10140 Campus Point Drive San Diego, CA 92121 Joanne Torres Secretary, Vice President 10140 Campus Point Drive San Diego, CA 92121 Mark Singerman Vice President 10140 Campus Point Drive San Diego, CA 92121
Page 19 of 31 Pages 20 Allen Garrett Vice President 10140 Campus Point Drive San Diego, CA 92121 Dan E. Cotton Chief Financial Officer, Director 10140 Campus Point Drive San Diego, CA 92121
Avrett Enterprises, Ltd. (a) Avrett Enterprises, Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ Sylvia Silverberg President, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Evelyn Rady Vice President, Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Nora Kaufman Secretary, Treasurer, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7
Canadian Securities Corporation, Ltd. (a) Canadian Securities Corporation, Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ Ernest S. Rady President, Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Morley Blankstein Vice President, Director 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3
Page 20 of 31 Pages 21 Marjorie Blankstein Director 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Mindel Olenick Director 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Thomas Z. Olenick Secretary, Treasurer 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Norman Edwards Assistant Secretary 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3
Canpac Enterprises, Ltd. (a) Canpac Enterprises, Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ Ernest S. Rady President, Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Nora Kaufman Vice President, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 David Kaufman Secretary, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Evelyn Rady Treasurer, Director 1820 La Jolla Rancho Road La Jolla, CA 92037
Page 21 of 31 Pages 22 Insurance Company of the West (a) Insurance Company of the West
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ Ernest S. Rady Chairman of the Board, President, Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Richard S. King Executive Vice President, Director 10140 Campus Point Drive San Diego, CA 92121 Michael F. McAuliffe Director 10140 Campus Point Drive San Diego, CA 92121 Bruce N. Moore Director 10140 Campus Point Drive San Diego, CA 92121 Robert A. Nelson Director 10140 Campus Point Drive San Diego, CA 92121 Douglas J. Peacher Director 10140 Campus Point Drive San Diego, CA 92121 James B. Rathbun Director 10140 Campus Point Drive San Diego, CA 92121 Herbert J. Solomon Director 10140 Campus Point Drive San Diego, CA 92121 Bernard M. Feldman Executive Vice President 10140 Campus Point Drive San Diego, CA 92121 H. Michael Freet Senior Vice President, 10140 Campus Point Drive Treasurer San Diego, CA 92121
Page 22 of 31 Pages 23 David E. Rodricks, Jr. Vice President, Director 10140 Campus Point Drive San Diego, CA 92121 John L. Hannum Senior Vice President 10140 Campus Point Drive San Diego, CA 92121 James Currie Senior Vice President, Director 10140 Campus Point Drive San Diego, CA 92121 James Austin Secretary 10140 Campus Point Drive San Diego, CA 92121
Memrad Holdings, Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ (a) Memrad Holdings, Ltd. Ernest S. Rady President, Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Marjorie Blankstein Vice President, Director 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Morley Blankstein Vice President 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Mindel Olenick Secretary, Treasurer, Director 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3 Thomas Z. Olenick Vice President 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3
Page 23 of 31 Pages 24 Norman Edwards Assistant Secretary 203-213 Notre Dame Avenue Winnipeg, Manitoba Canada R3B 1N3
Silpit Industries Co., Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ (a) Silpit Industries Co., Ltd. David S. Kaufman President, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 G.L. Stoddart Vice President 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 H. Finkelstein Vice President 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Nora Kaufman Secretary, Treasurer, Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Evelyn Rady Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Sylvia Silverberg Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7 Allan Kaufman Director 70 Arthur Street Winnipeg, Manitoba Canada R3B 1G7
Page 24 of 31 Pages 25 Sorb Holdings, Inc.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ (a) Sorb Holdings, Inc. Ernest S. Rady President, Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Douglas J. Peacher Director 10140 Campus Point Drive San Diego, CA 92121 Jeffrey B. Davis Director 10140 Campus Point Drive San Diego, CA 92121 Dan E. Cotton Secretary, Chief Financial Officer, Director 10140 Campus Point Drive San Diego, CA 92121
Summit Resources Limited (a) Summit Resources Limited
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ Ernest S. Rady Chairman of the Board 1820 La Jolla Rancho Road La Jolla, CA 92037 Larry B. Krause President, Director 700-340 12th Ave. Calgary, Alberta Canada T2R 1L5 Paul D. Watson Vice President, Director 700-340 12th Ave. Calgary, Alberta Canada T2R 1L5
Page 25 of 31 Pages 26 Hamish A. McGregor Director 700-340 12th Ave. Calgary, Alberta Canada T2R 1L5 Roy McLellan Director 700-340 12th Ave. Calgary, Alberta Canada T2R 1L5 Richard M. Shillington Director 700-340 12th Ave. Calgary, Alberta Canada T2R 1L5 Robert G. Jennings Director 700-340 12th Ave. Calgary, Alberta Canada T2R 1L5 Robert A. Maitland Controller 700-340 12th Ave. Calgary, Alberta Canada T2R 1L5 Jill C. Umbach Secretary 700-340 12th Ave. Calgary, Alberta Canada T2R 1L5
Union Assets, Ltd.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ (a) Union Assets, Ltd. Ernest S. Rady President, Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Mindel Olenick Director 203-213 Notre Dame Winnipeg, Manitoba Canada R3B 1N3
Page 26 of 31 Pages 27 Marjorie Blankstein Director 203-213 Notre Dame Winnipeg, Manitoba Canada R3B 1N3 Evelyn Rady Director 1820 La Jolla Rancho Road La Jolla, CA 92037 Morley Blankstein Director, Vice President 203-213 Notre Dame Winnipeg, Manitoba Canada R3B 1N3 Norman Edwards Assistant Secretary 203-213 Notre Dame Winnipeg, Manitoba Canada R3B 1N3 Duncan J. Jessiman, Q.C. Director 203-213 Notre Dame Winnipeg, Manitoba Canada R3B 1N3 Thomas Z. Olenick Secretary, Treasurer 203-213 Notre Dame Winnipeg, Manitoba Canada R3B 1N3
Western Insurance Holdings, Inc.
Names and Addresses of Officers Title ------------------------------- ----- and Directors as of December 31, 1986 ------------------------------------- (the end of the filing period) ------------------------------ (a) Western Insurance Holdings, Inc. Ernest S. Rady Chairman of the Board, President 1820 La Jolla Rancho Road La Jolla, CA 92037 Richard S. King Secretary, Director 10140 Campus Point Drive San Diego, CA 92121 David E. Rodricks, Jr. Vice President, Director 10140 Campus Point Drive San Diego, CA 92121
Page 27 of 31 Pages 28 H. Michael Freet Treasurer, Director 10140 Campus Point Drive San Diego, CA 92121
ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not Applicable. ITEM 10. CERTIFICATION. Not Applicable. Filing is made under Rule 13d-1(c). Page 28 of 31 Pages 29 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 12/21/95 /s/ ERNEST S. RADY ------------------- ---------------------------------------------------- Ernest S. Rady Dated: 12/21/95 /s/ EVELYN SHIRLEY RADY ------------------- ---------------------------------------------------- Evelyn Shirley Rady American Assets, Inc. Dated: 12/21/95 By: /s/ ERNEST S. RADY ------------------- ------------------------------------------------ Ernest S. Rady, Chairman Avrett Enterprises, Ltd. Dated: 12/21/95 By: /s/ EVELYN RADY ------------------- ------------------------------------------------ Evelyn Rady, Vice President Canadian Securities Corporation, Ltd. Dated: 12/21/95 By: /s/ ERNEST S. RADY ------------------- ------------------------------------------------ Ernest S. Rady, President Canpac Enterprises, Ltd. Dated: 12/21/95 By: /s/ ERNEST S. RADY ------------------- ------------------------------------------------ Ernest S. Rady, President Insurance Company of the West Dated: 12/21/95 By: /s/ ERNEST S. RADY ------------------- ------------------------------------------------ Ernest S. Rady, President
Page 29 of 31 Pages 30 Memrad Holdings, Ltd. Dated: 12/21/95 By: /s/ EVELYN RADY ------------------- ------------------------------------------------ Evelyn Rady, President Silpit Industries Co., Ltd. Dated: 12/21/95 By: /s/ EVELYN RADY ------------------- ------------------------------------------------ Evelyn Rady, Director Sorb Holdings, Inc. Dated: 12/21/95 By: /s/ ERNEST S. RADY ------------------- ------------------------------------------------ Ernest S. Rady, President Summit Resources Limited Dated: 12/21/95 By: /s/ ERNEST S. RADY ------------------- ------------------------------------------------ Ernest S. Rady, Chairman Union Assets, Ltd. Dated: 12/21/95 By: /s/ ERNEST S. RADY ------------------- ------------------------------------------------ Ernest S. Rady, President Western Insurance Holdings, Inc. Dated: 12/21/95 By: /s/ ERNEST S. RADY ------------------- ------------------------------------------------ Ernest S. Rady, President
Page 30 of 31 Pages 31 Exhibit A Organizational Chart of Rady Entities Beneficially Holding Shares in Westcorp as of December 31, 1986 -------------------------- / Ernest and Evelyn Rady / -------------------------- / -------------------------------------------------------- / 50% C / / / / /50% C --- / / / / ------ CSC / / / / Avrett --- / / / / ------ / 1% C / / / / / / / / 25.9% C / 35.9% C / 50.7% C / / / / / / / 50% C / / ------ ------ / / / ----------- Silpit Summit ---- / 50% C ------ ------ / / / / / / / 20.5% C / / / / / 100% P / / ------ / / / Canpac ------- ---------------- / ------ Memrad* --------------------------------------------- / ------- / / / / 96% P / /-- 30.95% C / 16.74% C / / / / -------- -------------------------- ------ American ------------------------ 52.03% C -------------- Sorb** -------- ------ / / 60% C / -------- Westcorp -------- * Union Assets Ltd. was merged into Memrad Holdings Ltd. effective November 30, 1986. ** Insurance Company of the West and Western Insurance Holdings, Inc. are subsidiaries of Sorb Holdings, Inc. but no longer hold a direct or indirect interest in Westcorp. Page 31 of 31 Pages -----END PRIVACY-ENHANCED MESSAGE-----