-----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, E0zygYCS56xrnGOpthiHrI1LMnyXQfMDff5g/WwX83HOHHQ/U9amxDkRvooRF0rs cI+OAYFDHlNdtdClnMZyYA== 0001016843-99-000111.txt : 19990215 0001016843-99-000111.hdr.sgml : 19990215 ACCESSION NUMBER: 0001016843-99-000111 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JOHNSTON INDUSTRIES INC CENTRAL INDEX KEY: 0000041017 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221] IRS NUMBER: 111749980 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-10249 FILM NUMBER: 99536182 BUSINESS ADDRESS: STREET 1: 105 THIRTEENTH ST CITY: COLUMBUS STATE: GA ZIP: 31901 BUSINESS PHONE: 7066413140 MAIL ADDRESS: STREET 2: 105 THIRTEENTH ST CITY: COLUMBUS STATE: GA ZIP: 31901 FORMER COMPANY: FORMER CONFORMED NAME: GI EXPORT CORP DATE OF NAME CHANGE: 19850403 FORMER COMPANY: FORMER CONFORMED NAME: GEON INDUSTRIES INC DATE OF NAME CHANGE: 19770921 FORMER COMPANY: FORMER CONFORMED NAME: GEON TRADING CORP DATE OF NAME CHANGE: 19700915 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DEPRINCE RACE & ZOLLO INC CENTRAL INDEX KEY: 0001008894 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 593299598 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 201 S ORANGE AVENUE STREET 2: SUITE 850 CITY: ORLANDO STATE: FL ZIP: 32801 BUSINESS PHONE: 4074209903 MAIL ADDRESS: STREET 1: 201 ORANGE AVENUE STREET 2: SUITE 850 CITY: ORLANDO STATE: FL ZIP: 32801 SC 13G 1 United States Security and Exchange Commission Washington, D.C. 20549 SCHEDULE 13G Under the Securities Act of 1934 (Amendment No.______ )* JOHNSTON INDUSTRIES, INC. ------------------------- (Name of Issuer) COMMON STOCK ------------ (Title of Class of Securities) 479368102 --------- (CUSIP Number) CUSIP No. 479368102 13G - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSON DePrince, Race & Zollo, Inc. 59-3299598 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Incorporated in the State of Florida - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 905,500 SHARES - -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY none EACH - -------------------------------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 905,500 WITH - -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER none - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON $ 2,829,687 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* No - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.43% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA SCHEDULE 13 G ITEM 1. (a) Johnston Industries, Inc. (b) 105 Thirteenth St. Columbus, GA 31901 ITEM 2. (a) DePrince, Race & Zollo, Inc. (b) 201 S. Orange Ave, Suite 850 Orlando, FL 32801 (c) USA (d) common stock (e) 479368102 ITEM 3. (e) X ITEM 4. OWNERSHIP (a) $2,829,687 (b) 8.43% (c) (i) 905,500 shares (iii) 905,500 shares ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS N/A ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. N/A ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY N/A ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP N/A ITEM 9. NOTICE OF DISSOLUTION OF GROUP N/A 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 do 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 purposes 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. Date 2/8/1999 /s/ JOHN D. RACE ---------------- Signature JOHN D. RACE - PARTNER ---------------------- Name/Title -----END PRIVACY-ENHANCED MESSAGE-----