-----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, d+x0ENiJY+7WQHleNvj4vBaBV8V6Z1pZF3vAWP7nXs0rxi4J13Jm0JcmFMwQOMf/ fU5WrfSG5wUjFCKXZSJRnw== 0000950109-95-000727.txt : 19950615 0000950109-95-000727.hdr.sgml : 19950615 ACCESSION NUMBER: 0000950109-95-000727 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950316 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SABINE ROYALTY TRUST CENTRAL INDEX KEY: 0000710752 STANDARD INDUSTRIAL CLASSIFICATION: OIL ROYALTY TRADERS [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: 95521237 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: MORTGAGE BANKERS & LOAN CORRESPONDENTS [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 SCHEDULE 13D-AMEND NO.11 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 11) The Sabine Royalty Trust -------------------------------- (Name of Issuer) Units of Beneficial Interest --------------------------------------- (Title of Class of Securities) 785688102 --------------------------- (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) March 10, 1995 ------------------------------------ (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 re-porting 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. 785688102 ----------------------- - ------------------------------------------------------------------------------- (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 OF A GROUP* (a) [_] (b) [_] - ------------------------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------------------------- (4) SOURCE OF FUNDS* - ------------------------------------------------------------------------------- (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 ------------------------ 695,100 (9) SOLE DISPOSITIVE POWER ------------------------ (10) SHARED DISPOSITIVE POWER ------------------------ 695,100 (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 695,100 - ------------------------------------------------------------------------------- (12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS* - ------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 4.8% - ------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON* HC, CO - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 2 of 9 ----------------------- CUSIP NO. 785688102 ----------------------- - -------------------------------------------------------------------------------- (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 OF A GROUP* (a) [_] (b) [_] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS* - -------------------------------------------------------------------------------- (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 ------------------------ 695,100 (9) SOLE DISPOSITIVE POWER ------------------------ (10) SHARED DISPOSITIVE POWER ------------------------ 695,100 (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 695,100 - ------------------------------------------------------------------------------- (12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS* - ------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Approximately 4.8% - ------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 3 of 9 ONLY ITEMS REPORTED IN THIS AMENDMENT NO. 11 TO SCHEDULE 13D ARE AMENDED FROM THE FILING ON SCHEDULE 13D FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON DECEMBER 20, 1990, AS AMENDED BY AMENDMENT NO. 1 DATED SEPTEMBER 29, 1992, AMENDMENT NO. 2 DATED MARCH 8, 1993, AMENDMENT NO. 3 DATED JUNE 23, 1993, AMENDMENT NO. 4 DATED OCTOBER 4, 1993, AMENDMENT NO. 5 DATED APRIL 7, 1994, AMENDMENT NO. 6 DATED JUNE 3, 1994, AMENDMENT NO. 7 DATED JULY 22, 1994, AMENDMENT NO. 8 DATED NOVEMBER 9, 1994, AMENDMENT NO. 9 DATED DECEMBER 29, 1994, AND AMENDMENT NO. 10 DATED JANUARY 27, 1995. 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 1. Security and Issuer. -------------------- Item 2. Identity and Background. ------------------------ Schedule I, attached hereto, which is incorporated herein by reference, replaces Schedule I to the Schedule 13D. Item 3. Source and Amount of Funds or Other Consideration. -------------------------------------------------- Item 4. Purpose of Transaction. ----------------------- Sales by FAE 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. 4 of 9 Item 5. Interest in Securities of the Issuer. ------------------------------------- (a) & (b) FAEH owns all 695,100 Units indirectly through FAE. 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 695,100 4.8% FAE 695,100 4.8%
FAEH shares voting power and dispositive power with respect to its 695,100 Units with FAE . (c) Schedule II, attached hereto and incorporated herein by reference, describes all transactions by FAEH and FAE, or to the knowledge of FAEH and FAE, any of the persons listed on Schedule I, attached hereto and incorporated herein by reference, in Units effected during the past 60 days. (d) None (e) As of March 10, 1995, FAEH and FAE ceased to be the beneficial owners of more than five percent of Units of Beneficial Interest of The Sabine Royalty Trust. 5 of 9 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: March 16, 1995 FUND AMERICAN ENTERPRISES HOLDINGS, INC. BY: /S/ ----------------------------- Name: Michael S. Paquette Title: Vice President and Controller FUND AMERICAN ENTERPRISES, INC. BY: /S/ ----------------------------- Name: Terry L. Baxter Title: President and Secretary 6 of 9 SCHEDULE I TO SCHEDULE 13D -------------------------- Following is a list of the directors and executive officers of Fund American Enterprises Holdings, Inc. ("FAEH"), and Fund American Enterprises, Inc. ("FAE") 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 Dennis P. Beaulieu Corporate Secretary Corporate Secretary Fund American Enterprises of FAEH of FAEH Holdings, Inc. The 1820 House, Main Street Norwich VT 05055-0850 John J. Byrne Chairman of the Board, Chairman of the Board, Fund American Enterprises President & Chief President & Chief Holdings, Inc. Executive Officer of Executive Officer of The 1820 House, Main Street FAEH, Chairman of the FAEH Norwich VT 05055-0850 Board of FAE Howard L. Clark Director Retired 200 Park Avenue, Suite 4501 of FAEH New York NY 10166 Howard L. Clark, Jr. Director Vice Chairman of Lehman Lehman Brothers Holdings, Inc. of FAEH Brothers Holdings, Inc. American Express Tower New York NY 10128 Robert P. Cochran Director President & Chief Financial Security Assurance of FAEH Executive Officer of Holdings, Ltd. Financial Security Assurance 350 Park Avenue Holdings, Ltd. New York NY 10022 George J. Gillespie, III Director Partner in Cravath, Cravath, Swaine & Moore of FAEH Swaine & Moore 825 Eighth Avenue New York NY 10019 K. Thomas Kemp Executive Vice President Executive Vice President Fund American Enterprises of FAEH, Director of of FAEH Holdings, Inc. FAEH and FAE The 1820 House, Main Street Norwich VT 05055-0850 Gordon S. Macklin Director Chairman of White River 8212 Burning Tree Road of FAEH Corporation Bethesda MD 20817
7 of 9 SCHEDULE I TO SCHEDULE 13D (cont.) ----------------------------------
Present Name and Principal Occupation Business Address Office or Employment - ---------------- ------ ----------------------- FAEH Michael S. Paquette Vice President & Vice President & Fund American Enterprises Controller of FAEH, Controller of FAEH Holdings, Inc. Director of FAE The 1820 House, Main Street Norwich VT 05055-0850 Allan L. Waters Senior Vice President & Senior Vice President & Fund American Enterprises Chief Financial Officer Chief Financial Officer Holdings, Inc. of FAEH, Director of of FAEH The 1820 House, Main Street FAE Norwich VT 05055-0850 Arthur Zankel Director Co-Managing Partner First Manhattan Co. of FAEH First Manhattan Co. 437 Madison Ave. New York NY 10022 FAE Terry L. Baxter President & Secretary of FAE, President & Secretary of FAE Fund American Enterprises, Inc. Director of FAE The 1820 House, Main Street Norwich VT 05055-0850
8 of 9 SCHEDULE II TO SCHEDULE 13D --------------------------- Sales of Units of Beneficial Interest of The Sabine Royalty Trust by the Reporting Persons and by persons listed in Schedule I, attached hereto, and incorporated herein by reference, within the last 60 days.
Sold by Date Number Sold Unit Price ------- ---- ----------- ---------- FAE 1-13-95 12,500 $10.015 FAE 1-19-95 14,900 $10.042 FAE 1-20-95 12,500 $10.00 FAE 1-27-95 26,900 $9.7709 FAE 2-7-95 9,800 $10.00 FAE 2-8-95 3,200 $10.00 FAE 2-9-95 1,900 $10.00 FAE 2-14-95 25,100 $10.0129 FAE 2-17-95 12,800 $10.00 FAE 2-21-95 3,500 $10.00 FAE 2-23-95 3,300 $10.00 FAE 2-24-95 8,100 $10.00 FAE 3-1-95 37,500 $10.00 FAE 3-7-95 37,200 $10.0242 FAE 3-10-95 13,800 $10.00
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