-----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, UXcJCnfGTpTV6rhqPUUPNmuwUUkbIahGtzNHCVO+HAz0K9Xk6+MtpYHvwILu7QFJ KmM0AT6Dtp9hpu7v1A3WYw== 0000019617-98-000052.txt : 19980218 0000019617-98-000052.hdr.sgml : 19980218 ACCESSION NUMBER: 0000019617-98-000052 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980217 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SYLVAN INC CENTRAL INDEX KEY: 0000861291 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100] IRS NUMBER: 251603408 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-41138 FILM NUMBER: 98543052 BUSINESS ADDRESS: STREET 1: 828 SOUTH PIKE ROAD CITY: SARVER STATE: PA ZIP: 16055 BUSINESS PHONE: 4122953910 MAIL ADDRESS: STREET 1: 828 SOUTH PIKE ROAD CITY: SARVER STATE: PA ZIP: 16055 FORMER COMPANY: FORMER CONFORMED NAME: SYLVAN FOODS HOLDINGS INC DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN CORP /DE/ CENTRAL INDEX KEY: 0000019617 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 132624428 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 270 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL BANKING CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL NEW YORK CORP DATE OF NAME CHANGE: 19880508 SC 13G 1 FILING FOR 2/17/98 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under Information Statement Pursuant to Rules 13d-1 and 13d-2 Under The Securities Exchange Act of 1934 (Amendment No. ) Sylvan Inc. ---------------------------------------------------------- (Name Of Issuer) Common Par ------------------------------------------------------------ (Title of Class of Securities) 871371100 -------------------------- (Cusip Number) (Continued on the following page(s)) Page 1 of 6 Pages CUSIP No. 871371100 13G Page 2 of 6 Pages Sylvan Inc. 1 NAME OF REPORTING PERSON S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON. The Chase Manhattan Corporation - CMC The Chase Manhattan Bank - CMB 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) (B) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION The Chase Manhattan Corporation - Delaware The Chase Manhattan Bank - New York NUMBER 5 SOLE VOTING POWER OF CMC - 278,200 SHARES CMB - 278,200 BENEFICIALLY 6 SHARED VOTING POWER OWNED BY CMC - 11,100 CMB - 11,100 EACH 7 SOLE DISPOSITIVE POWER REPORTING CMC - 293,950 PERSON CMB - 293,950 WITH 8 SHARED DISPOSITIVE POWER CMC - 26,700 CMB - 26,700 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON CMC - 320,650 CMB - 320,650 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 CMC - 5.043% CMB - 5.043% 12 TYPE OF PERSON REPORTING* CMC - HC CMB - BK * SEE INSTRUCTION BEFORE FILLING OUT! Item 1(a). Name of Issuer: Sylvan Inc. Item 1(b). Address of Issuer's: Offices Item 2(a). Name of Person Filing: This notice is filed by The Chase Manhattan Corporation (CMC) and its wholly owned subsidiary, The Chase Manhattan Bank (CMB ) Item 2(b). Address of Principal Business CMC: 270 Park Avenue Office: New York, NY 10017 CMB: 270 Park Avenue New York, NY 10017 Item 2(c). Citizenship: CMC - Delaware CMB - New York Item 2(d). Title of Class of Securities: Common Par Item 2(e). CUSIP Number: 871371100 Page 3 of 6 Sylvan Inc. Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) |_| Broker or dealer registered under Section 15 of the Act. (b) |X| Bank as defined in Section 3(a)(6) of the Act. (c) |_| Insurance Company as defined in Section 3(a)(19) of the Act. (d) |_| Investment Company registered under Section 8 of the Investment Company Act. (e) |_| Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. (f) |_| Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or endowment Fund [see Section 240.13d-1(b)(1)(ii)(F)]. (g) |X| Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G). (h) |_| Group, in accordance with Section 240.13d-1(ii)(H). Item 4. Ownership: (a) Amount Beneficially Owned: CMC - 320,650 As of December 31, 1997 CMB - 320,650 (b) Percent of Class: CMC - 5.043% CMB - 5.043% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: CMC - 278,200 CMB - 278,200 (ii) Shared power to vote or to direct the vote: CMC - 11,100 CMB - 11,100 Page 4 of 6 Sylvan Inc. (iii) Sole power to dispose or to direct the disposition of: CMC - 293,950 CMB - 293,950 (iv) Shared power to dispose or to direct the disposition of: CMC - 26,700 CMB - 26,700 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: The beneficial interest reported has been acquired through fiduciary relationships. Beneficial ownership of portions of the shares reported is shared with unaffiliated persons, none of whose beneficial ownership in the subject shares exceeds five percent of the issuers outstanding shares Item 7. Identification and Classification of the Subsidiary Which Holds the Security Being Reported on by the Parent Holding Company: Pursuant to Rule 13(d) - 1 (c): This notice is filed on behalf of both CMC and its subsidiary, CMB. In lieu of attaching an exhibit hereto, the identity of CMB is as set forth on the cover page hereof. CMB is classified as a Bank, as such term is defined in Section (3) (a) (6) of the Securities Exchange Act of 1934, as amended, Item 8. Identification and Classification of Members of this Group: Not applicable. Item 9. Notice of Dissolution of Group: Not applicable. Page 5 of 6 Sylvan Inc. Item 10. Certification: By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and did not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. 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: February 12, 1998 The Chase Manhattan Bank THE CHASE MANHATTAN CORPORATION /s/ Allan Nemethy /s/ Anthony J. Horan - ------------------------ -------------------------------- Allan Nemethy Anthony J. Horan Trust Officer Corporate Secretary Page 6 of 6 -----END PRIVACY-ENHANCED MESSAGE-----