-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, OCiQpJkqIHKmlzwMOlEPVoJDr3h2y860TLPXYitwzZBmvkcJDO2iK+kZgfW6js48 ZfP2TaYkn1iWeyjqrhNtUA== 0000950109-94-000686.txt : 19940415 0000950109-94-000686.hdr.sgml : 19940415 ACCESSION NUMBER: 0000950109-94-000686 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19940414 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SABINE ROYALTY TRUST CENTRAL INDEX KEY: 0000710752 STANDARD INDUSTRIAL CLASSIFICATION: 6792 IRS NUMBER: 756297143 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35089 FILM NUMBER: 94522726 BUSINESS ADDRESS: STREET 1: 901 MAIN ST - 12TH FLR STREET 2: NATIONABANK OF TEXAS N A - TRUST DIV CITY: DALLAS STATE: TX ZIP: 75202 BUSINESS PHONE: 2145082400 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FUND AMERICAN ENTERPRISES HOLDINGS INC CENTRAL INDEX KEY: 0000776867 STANDARD INDUSTRIAL CLASSIFICATION: 6162 IRS NUMBER: 942708455 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: THE 1820 HOUSE MAIN STREET CITY: NORWICH STATE: VT ZIP: 05055 BUSINESS PHONE: 8026493633 MAIL ADDRESS: STREET 1: 1820 HOUSE MAIN STREET CITY: NORWICH STATE: VT ZIP: 05055 FORMER COMPANY: FORMER CONFORMED NAME: FUND AMERICAN COMPANIES INC DATE OF NAME CHANGE: 19920701 FORMER COMPANY: FORMER CONFORMED NAME: FIREMANS FUND CORP DATE OF NAME CHANGE: 19900211 SC 13D/A 1 AMENDMENT #5 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5) SABINE ROYALTY TRUST ---------------------- (Name of Issuer) Units of Beneficial Interest ------------------------------ (Title of Class of Securities) 785688 10 2 --------------- (CUSIP Number) Michael S. Paquette Vice President and Chief Accounting Officer Fund American Enterprises Holdings, Inc. The 1820 House Main Street, Norwich, Vermont 05055-0850 (802)649-3633 --------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 7, 1994 --------------------------- (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(b)(3) or (4), check the following box . --- Check the following box if a fee is being paid with this statement . --- (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.) NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. CUSIP NO. 785688 10 2 - ------------------------------------------------------------------------------ (1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above Person Fund American Enterprises Holdings, Inc. 94-2708455 - ------------------------------------------------------------------------------ (2) Check the Appropriate Box if a Member (a) ------------------ of a Group (See Instructions) (b) - ------------------------------- ------------------------------ (3) (SEC Use Only) - ----------------------------------------------------------------------- (4) Source of Funds (See Instructions) - ----------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - ----------------------------------------------------------------------- (6) Citizenship or Place of Organization Delaware -------- - ----------------------------------------------------------------------- Number of Units (7) Sole Voting Power Beneficially Owned by Each Reporting -------------------- Person With (8) Shared Voting Power 1,674,700 --------------------- (9) Sole Dispositive Power --------------------- (10) Shared Dispositive Power 1,674,700 --------------------- - ----------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,674,700 ----------- - ----------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Units (See Instructions) - ----------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) Approximately 11.5% - ----------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) HC, CO Page 2 of 10 CUSIP NO. 785688 10 2 - ------------------------------------------------------------------------------ (1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above Person Fund American Enterprises, Inc. 51-0328932 - ------------------------------------------------------------------------------ (2) Check the Appropriate Box if a Member (a) ------------------ of a Group (See Instructions) (b) - ------------------------------- ------------------------------ (3) (SEC Use Only) - ----------------------------------------------------------------------- (4) Source of Funds (See Instructions) - ----------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - ----------------------------------------------------------------------- (6) Citizenship or Place of Organization Delaware -------- - ----------------------------------------------------------------------- Number of Units (7) Sole Voting Power Beneficially Owned by Each Reporting -------------------- Person With (8) Shared Voting Power 1,450,000 --------------------- (9) Sole Dispositive Power --------------------- (10) Shared Dispositive Power 1,450,000 --------------------- - ----------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,450,000 ----------- - ----------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Units (See Instructions) - ----------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) Approximately 10.0% - ----------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO Page 3 of 10 CUSIP NO. 785688 10 2 - ------------------------------------------------------------------------------ (1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above Person Source One Mortgage Services Corporation 38-2011419 - ------------------------------------------------------------------------------ (2) Check the Appropriate Box if a Member (a) ------------------ of a Group (See Instructions) (b) - ------------------------------- ------------------------------ (3) (SEC Use Only) - ----------------------------------------------------------------------- (4) Source of Funds (See Instructions) - ----------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - ----------------------------------------------------------------------- (6) Citizenship or Place of Organization Delaware -------- - ----------------------------------------------------------------------- Number of Units (7) Sole Voting Power Beneficially Owned by Each Reporting -------------------- Person With (8) Shared Voting Power 224,700 --------------------- (9) Sole Dispositive Power --------------------- (10) Shared Dispositive Power 224,700 --------------------- - ----------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 224,700 ----------- - ----------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Units (See Instructions) - ----------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) Approximately 1.5% - ----------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO Page 4 of 10 ONLY ITEMS REPORTED IN THIS AMENDMENT NO. 5 TO SCHEDULE 13D ARE AMENDED FROM THE FILING ON SCHEDULE 13D (THE "SCHEDULE 13D") DATED JANUARY 2, 1991, AS AMENDED BY AMENDMENT NO.1 DATED OCTOBER 7, 1992, AMENDMENT NO. 2 DATED MARCH 12, 1993, AMENDMENT NO. 3 DATED JUNE 24, 1993, AND AMENDMENT NO. 4 DATED OCTOBER 5, 1993. ALL OTHER ITEMS REMAIN UNCHANGED. UNLESS OTHERWISE SPECIFIED, ALL DEFINED TERMS USED HEREIN HAVE THE MEANING PREVIOUSLY ASCRIBED TO THEM IN THE SCHEDULE 13D. Item 2. Identity and Background. ------------------------ Item 3. Source and Amount of Funds or Other Consideration. -------------------------------------------------- Item 4. Purpose of Transaction ---------------------- Item 4 is supplemented by adding the following paragraph: Sales made by FAEH, FAE and SOMSC to third parties, outlined in Schedule II attached hereto, which is incorporated herein by reference, were made in the ordinary course of business and not for the purpose or effect of changing or influencing the control of the Issuer or in connection with, or as a participant in, any transaction having such purpose or effect. Item 5. Interest in Securities of the Issuer. ------------------------------------ (a) FAEH owns all 1,674,700 Units indirectly through FAE and SOMSC. The aggregate number of Units and the corresponding percentage of the outstanding Units such number represents is as follows:
Percentage of Units Units Beneficially Beneficially Person Owned Owned ------ ------------ ------------- FAEH 1,674,700 11.5% FAE 1,450,000 10.0% SOMSC 224,700 1.5%
Page 5 of 10 (b) FAEH shares voting power and dispositive power with respect to its 1,674,700 Units with FAE and SOMSC. (c) Except as described in Schedule II attached hereto, neither FAEH, FAE, nor SOMSC, nor, to the best knowledge of FAEH, FAE, SOMSC, nor any of the persons listed on Schedule I, has been party to any transaction in the Units during the sixty day period ending on the date of this statement on Schedule 13D. (d) None (e) Not Applicable Page 6 of 10 SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: April 7, 1994 FUND AMERICAN ENTERPRISES HOLDINGS, INC. BY: /S/ ---------------------------------- Name: Michael S. Paquette Title: Vice President and Chief Accounting Officer FUND AMERICAN ENTERPRISES, INC. BY: /S/ ---------------------------------- Name: Terry L. Baxter Title: President SOURCE ONE MORTGAGE SERVICES CORPORATION BY: /S/ ---------------------------------- Name: Michael S. Paquette Title: Authorized Representative* *Power of Attorney on file Page 7 of 10 SCHEDULE I TO SCHEDULE 13D -------------------------- Following is a list of the directors and executive officers of Fund American Enterprises Holdings, Inc. ("FAEH"), Fund American Enterprises, Inc. ("FAE") and Source One Mortgage Services Corporation ("SOMSC"), setting forth the business address and present principal occupation or employment (and the name, principal business and address of any corporation or organization in which such employment is conducted) of each such person. Each such person is a citizen of the United States of America.
Present Name and Principal Occupation Business Address Office or Employment - ---------------- ------ -------------------- FAEH John J. Byrne Chairman of the Board, Chairman of the Board, Fund American President & Chief President & Chief Enterprises Holdings, Inc. Executive Officer of Executive Officer of The 1820 House, FAEH; Chairman of the FAEH Main Street, Board of FAE, Norwich, VT 05055 Director of SOMSC Howard L. Clark Director Retired 200 Park Avenue of FAEH Suite 4501 New York, N.Y. 10166 Howard L. Clark, Jr. Director Vice Chairman of Lehman Brothers Lehman Brothers of FAEH American Express Tower New York, New York 10285 George J. Gillespie, III Director Partner in Cravath, Cravath, Swaine & Moore of FAEH Swaine & Moore 825 Eighth Avenue 825 Eighth Avenue New York, N.Y. 10019 New York, N.Y. 10019 K. Thomas Kemp Executive Vice President Executive Vice President, Treasurer & The 1820 House, Treasurer & Corporate Corporate Secretary of FAEH Main Street, Secretary of FAEH, Director of Norwich, VT 05055 FAE and SOMSC Gordon S. Macklin Director Chairman of White River Corporation 8212 Burning Tree Road of FAEH Bethesda, MD 20817 Michael S. Paquette Vice President & Vice President & The 1820 House, Main Street Chief Accounting Officer of Chief Accounting Officer of Norwich, Vermont 05055 FAEH, Director of FAE FAEH Allan L. Waters Senior Vice President & Senior Vice President & The 1820 House Chief Financial Officer of Chief Financial Officer of Main Street FAEH, Director of FAE and FAEH Norwich, Vermont 05055 SOMSC Arthur Zankel Director Co-Managing Partner, First Manhattan Co. of FAEH First Manhattan Co., 437 Madison Ave. 437 Madison Ave. New York, N.Y. 10022 New York, N.Y. 10022
Page 8 of 10
SCHEDULE I (cont.) TO SCHEDULE 13D ---------------------------------- Present Name and Principal Occupation Business Address Office or Employment - ---------------- ------ -------------------- FAE Terry L. Baxter President & President The 1820 House Director of FAE FAEH, Director of FAE Norwich, Vermont 05055 SOMSC Michael C. Allemang Executive Vice President & Executive Vice President & 27555 Farmington Road Chief Financial Officer and Chief Financial Officer Farmington Hills, Director of SOMSC of SOMSC Lawrence J. Brady Senior Vice President - Senior Vice President - 27555 Farmington Road Residential Division Residential Division Farmington Hills, of SOMSC of SOMSC Michigan, 48334 James A. Conrad Director, President, President & Chief 27555 Farmington Road Chief Executive Officer Executive Officer of Farmington Hills, and Director of SOMSC SOMSC Michigan, 48334 John A. Courson Senior Vice President Senior Vice President 27555 Farmington Road Of SOMSC of SOMSC Farmington Hills, Michigan, 48334 Robert R. Densmore Executive Vice President, Executive Vice President and 27555 Farmington Road Secretary and Director of Secretary of SOMSC Farmington Hills, SOMSC Michigan, 48334 Paul J. Hanna Director of SOMSC Independent Financial Consultant Harbour House 12 Ocean Reef Club Key Largo, Florida, 33037 William C. Manasco Senior Vice President - Senior Vice President - 27555 Farmington Road Operations Mgmt. Operations Mgmt. Farmington Hills, of SOMSC of SOMSC Michigan, 48334 Robert W. Richards Chairman and Chief Chairman and Chief 27555 Farmington Road Financial Officer of Financial Officer of Farmington Hills, SOMSC SOMSC Michigan, 48334
Page 9 of 10 Schedule II to Schedule 13D --------------------------- Sales of Units of Beneficial Interest of Sabine Royalty Trust by the Reporting Persons and by persons listed in Schedule I, attached hereto, within the last 60 days.
Sold by Date Number Sold Unit Price ------- ---- ----------- ---------- FAE 03/02/94 13,000 $14.00 FAE 03/03/94 4,100 $14.00 FAE 03/04/94 2,900 $14.00 FAE 03/07/94 2,900 $14.1250 FAE 03/08/94 12,000 $14.0734 FAE 03/11/94 500 $14.1250 FAE 03/14/94 4,500 $14.0306 FAE 03/17/94 10,000 $14.0875 [intercompany to SOMSC] SOMSC 03/31/94 27,600 $13.5657 SOMSC 04/04/94 4,500 $13.500 SOMSC 04/05/94 4,700 $13.500 SOMSC 04/06/94 12,300 $13.5356 SOMSC 04/07/94 15,200 $13.7473
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