-----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, I4ZJquv6M0nDXGW2weD2TTWHRJCbZiUbZCDASDCwscOBrg7+FK9ibXo0PgDaaunI m+au2PArdaGJMDsHCEps7w== 0000910647-98-000199.txt : 19980703 0000910647-98-000199.hdr.sgml : 19980703 ACCESSION NUMBER: 0000910647-98-000199 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980702 SROS: NASD GROUP MEMBERS: BALLANTRAE PARTNERS LLC GROUP MEMBERS: DEBORAH L. HARMON GROUP MEMBERS: GUNTY & CO. GROUP MEMBERS: JONATHAN S. KERN GROUP MEMBERS: MURRAY N. GUNTY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NORTH EAST INSURANCE CO CENTRAL INDEX KEY: 0000352162 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 010278387 STATE OF INCORPORATION: ME FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-33199 FILM NUMBER: 98659675 BUSINESS ADDRESS: STREET 1: 482 PAYNE RD CITY: SCARBOROUGH STATE: ME ZIP: 04074 BUSINESS PHONE: 2078832232 MAIL ADDRESS: STREET 1: 482 PAYNE RD CITY: SCARBOROUGH STATE: ME ZIP: 04074 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BALLANTRAE PARTNERS LLC CENTRAL INDEX KEY: 0001014879 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133891463 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 300 EAST 56TH STREET STREET 2: SUITE 20-A CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2125839085 MAIL ADDRESS: STREET 1: 300 EAST 56TH STREET STREET 2: SUITE 20-A CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 SCHEDULE 13D, AMENDMENT NO. 12. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 12) North East Insurance Company (Name of issuer) Common Stock, par value $1.00 per share (title of class of securities) 659164107 (CUSIP number) Murry N. Gunty Ballantrae Partners, L.L.C. 300 East 56th Street 20-A New York, New York 10022 (212) 583-9085 with copy to Keith C. Jones Drummond Woodsum & MacMahon 245 Commercial Street P.O. Box 9781 Portland, Maine 04104-5081 (207) 772-1941 (Name, address and telephone number of person authorized to receive notices and communications) June 29, 1998 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1 (3) or (4), check the following box [ ]. 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 the following pages) (Page 1 of 7 Pages) CUSIP No. 659164107 13D Page 2 of 7 Pages 1. NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Ballantrae Partners, L.L.C. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS* WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2 (d) or 2 (e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER 7. SOLE VOTING POWER OF - 0 - SHARES 8. SHARED VOTING POWER BENEFICIALLY - 0 - OWNED BY 9. SOLE DISPOSITIVE POWER EACH - 0 - REPORTING 10. SHARED DISPOSITIVE POWER PERSON WITH - 0 - 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) - 0% - 14. TYPE OF REPORTING PERSON* OO *SEE INSTRUCTIONS BEFORE FILLING OUT. CUSIP No. 659164107 13D Page 3 of 7 Pages 1. NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Murry N. Gunty 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS* PF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2 (d) or 2 (e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER 7. SOLE VOTING POWER OF - 0 - SHARES 8. SHARED VOTING POWER BENEFICIALLY - 0 - OWNED BY 9. SOLE DISPOSITIVE POWER EACH - 0 - REPORTING 10. SHARED DISPOSITIVE POWER PERSON WITH - 0 - 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) - 0% - 14. TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT. CUSIP No. 659164107 13D Page 4 of 7 Pages 1. NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Jonathan S. Kern 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS* PF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2 (d) or 2 (e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER 7. SOLE VOTING POWER OF - 0 - SHARES 8. SHARED VOTING POWER BENEFICIALLY - 0 - OWNED BY 9. SOLE DISPOSITIVE POWER EACH - 0 - REPORTING 10. SHARED DISPOSITIVE POWER PERSON WITH - 0 - 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) - 0% - 14. TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT. CUSIP No. 659164107 13D Page 5 of 7 Pages 1. NAME OF REPORTING PERSONS S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Deborah L. Harmon 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS* PF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2 (d) or 2 (e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER 7. SOLE VOTING POWER OF - 0 - SHARES 8. SHARED VOTING POWER BENEFICIALLY - 0 - OWNED BY 9. SOLE DISPOSITIVE POWER EACH - 0 - REPORTING 10. SHARED DISPOSITIVE POWER PERSON WITH - 0 - 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% 14. TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT Page 6 of 7 Pages This Amendment No. 12 is filed for the purpose of terminating the statement on Schedule 13D (the "Schedule 13D"), previously filed on behalf of Ballantrae partners, L.L.C., a Delaware limited liability company ("Ballantrae"), relating to the Common Stock, par value $1.00 per share of North East Insurance Company, a Maine corporation (the "Company"). Capitalized terms not otherwise defined herein shall have the meanings set forth in the Schedule 13D. On June 29, 1998, Ballantrae sold, in four separately negotiated private transactions, 810,000 common shares of the Company, representing all of the common shares of the Company then owned by Ballantrae. As a result of these transactions, Ballantrae does not have any interest in any of the shares of the Company. Page 7 of 7 Pages 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. July 2, 1998 /s/ Murry N. Gunty --------------------------------------- (Signature) Murry N. Gunty Managing Director (Name/Title) -----END PRIVACY-ENHANCED MESSAGE-----