-----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, GbxDUN4jiWflrnrkOAEcV6MCSKQ3PX+NrHKCcvObfh1uZku6dKW03a6Jz+ufJBER EQEZawB90tR4tYXhOeO1IQ== 0001027612-97-000024.txt : 19970616 0001027612-97-000024.hdr.sgml : 19970616 ACCESSION NUMBER: 0001027612-97-000024 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970613 SROS: PSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CRYSTAL OIL CO CENTRAL INDEX KEY: 0000745907 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 720163810 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-09234 FILM NUMBER: 97623627 BUSINESS ADDRESS: STREET 1: 229 MILAM ST CITY: SHREVEPORT STATE: LA ZIP: 71101 BUSINESS PHONE: 3182227791 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ARIES HILL CORP CENTRAL INDEX KEY: 0000937708 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 161023268 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1350 ONE M & T PLAZA CITY: BUFFALO STATE: NY ZIP: 14203 BUSINESS PHONE: 7168456000 MAIL ADDRESS: STREET 1: 1350 ONE M & T PLAZA CITY: BUFFALO STATE: NY ZIP: 14203 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 18)* CRYSTAL OIL COMPANY _________________________________________________________________ (Name of Issuer) $.06 Senior Convertible Voting Preferred Stock _________________________________________________________________ (Title of Class of Securities 229385307 ____________________________ (CUSIP Number) Brent D. Baird 1350 One M&T Plaza Buffalo, New York 14203 (Phone: (716) 849-1484) _________________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JUNE 6, 1997 _______________________ (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 the 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. *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). SCHEDULE 13D Amendment No. 18 CUSIP NO. 229385307 1. Name of Reporting Person SS or IRS Identification No. of above person (optional) Aries Hill Corp. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___ (b)_X_ 3. SEC USE ONLY 4. SOURCE OF FUNDS* WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____ 6. CITIZENSHIP OR PLACE OF ORGANIZATION New York NUMBER OF SHARES 7. SOLE VOTING POWER BENEFICIALLY OWNED 1,221,900 BY EACH REPORTING PERSON WITH 8. SHARED VOTING POWER -0- 9. SOLE DISPOSITIVE POWER 1,221,900 10. SHARED DISPOSITIVE POWER -0- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,221,900 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ____ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.263% 14. TYPE OF REPORTING PERSON* CO *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 229385307 1. Name of Reporting Person SS or IRS Identification No. of above person (optional) Jane D. Baird 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___ (b)_X_ 3. SEC USE ONLY 4. SOURCE OF FUNDS* PF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____ 6. CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES 7. SOLE VOTING POWER BENEFICIALLY OWNED 1,205,100 BY EACH REPORTING PERSON WITH 8. SHARED VOTING POWER -0- 9. SOLE DISPOSITIVE POWER 1,205,100 10. SHARED DISPOSITIVE POWER -0- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,205,100 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ____ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.149% 14. TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 229385307 1. Name of Reporting Person SS or IRS Identification No. of above person (optional) The Cameron Baird Foundation 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___ (b)_X_ 3. SEC USE ONLY 4. SOURCE OF FUNDS* PF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____ 6. CITIZENSHIP OR PLACE OF ORGANIZATION New York NUMBER OF SHARES 7. SOLE VOTING POWER BENEFICIALLY OWNED 1,715,821 BY EACH REPORTING PERSON WITH 8. SHARED VOTING POWER -0- 9. SOLE DISPOSITIVE POWER 1,715,821 10. SHARED DISPOSITIVE POWER -0- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,715,821 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ____ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.602% 14. TYPE OF REPORTING PERSON* 00 *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 229385307 1. Name of Reporting Person SS or IRS Identification No. of above person (optional) Citizens Growth Properties 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___ (b)_X_ 3. SEC USE ONLY 4. SOURCE OF FUNDS* WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____ 6. CITIZENSHIP OR PLACE OF ORGANIZATION Ohio NUMBER OF SHARES 7. SOLE VOTING POWER BENEFICIALLY OWNED 166,300 BY EACH REPORTING PERSON WITH 8. SHARED VOTING POWER -0- 9. SOLE DISPOSITIVE POWER 166,300 10. SHARED DISPOSITIVE POWER -0- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 166,300 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ____ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.124% 14. TYPE OF REPORTING PERSON* CO *SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D AMENDMENT NO. 18 INTRODUCTION The acquisition of 6,425,776 shares ("Shares") of $.06 Senior Convertible Voting Preferred Stock ("Senior Preferred Stock") of Crystal Oil Company (the "Issuer") was previously reported in Schedule 13D Amendment No. 17 ("Amendment No. 17"), which was filed with the Securities and Exchange Commission on February 27, 1997. Since the filing of Amendment No. 17, there have been purchases of Shares of Senior Preferred Stock by four of the Reporting Persons. The number of Shares now held by the Reporting Persons is 6,966,076 Shares. The Cover Pages for the Reporting Persons who purchased additional Shares are hereby amended to read as shown in this Amendment No. 18. Items 3 and 5 are hereby amended as shown in this Amendment No. 18. All other Items remain unchanged from the previous filing of this Schedule 13D, as amended. NOTE: THE EXECUTION AND SUBMISSION OF THIS STATEMENT SHALL NOT BE CONSTRUED AS A STATEMENT OR ADMISSION THAT THE REPORTING PERSONS (I) ARE ACTING AS A GROUP IN THE ACQUISITION OF THE SHARES, (II) COLLECTIVELY CONSTITUTE A "PERSON" WITHIN THE MEANING OF SECTION 13(D)(3) OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE "ACT"), OR (III) FOR THE PURPOSES OF SECTION 13(D) OF THE ACT, ARE THE BENEFICIAL OWNERS OF ANY SHARES OTHER THAN THE SHARES IN WHICH EACH PERSON IS SPECIFICALLY IDENTIFIED IN THIS STATEMENT TO HAVE A BENEFICIAL INTEREST. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The Shares purchased by Aries Hill Corp., Belmont Contracting Co., Inc., and Citizens Growth Properties were purchased with its working capital. All other Shares were purchased with the respective funds of the Reporting Persons. All purchases of Shares by the Reporting Persons were made by purchase at prevailing market prices on the Pacific Stock Exchange. The total amount paid for the Shares by the Reporting Persons to date is approximately $2,081,024. The foregoing amount does not include stock brokerage commissions. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) The Reporting Persons hereby report beneficial ownership, in the manner hereinafter described, of 6,966,076 Shares. Such Shares are held as follows:
Percentage of Number Of Outstanding Shares Held in the Name of Shares Security Aries Hill Corp. 1,221,900 8.263% Bridget B. Baird, Successor Trustee 1,400,200 9.468% Jane D. Baird 1,205,100 8.149% Anne S. Baird 210,000 1.420% Brent D. Baird 194,955 1.318% Brian D. Baird 205,500 1.390% Bridget deM. Baird 75,000 0.507% Cameron D. Baird 146,300 0.990% Brenda B. Senturia 100,000 0.676% Bridget B. Baird, individually 165,000 1.116% Bridget B. Baird, as Custodian for Alexis B. Baird 30,000 0.203% Bridget B. Baird, as Custodian for Cameron B. Blevins 30,000 0.203% Bruce C. Baird 50,000 0.338% The Cameron Baird Foundation 1,715,821 11.602% Belmont Contracting Co., Inc. 50,000 0.338% Citizens Growth Properties 166,300 1.124% _______ ______ TOTAL 6,966,076 47.105%
NOTE: The foregoing percentages assume that the number of Shares of the Issuer outstanding is 14,788,328 Shares (as reported in the Issuer's Proxy Statement as of April 21, 1997). (b) For each person named in paragraph (a), that person has sole voting and sole dispositive power over the Shares enumerated in paragraph (a). (c) The following purchases of the Shares were effected during the past sixty days:
Price/Share (in Dollars Commissions Purchase In The Number of not Transaction Name Of Date Shares included) Made Through Aries Hill Corp. 6/6/97 50,000 1/2 Fahnestock & Co 6/9/97 190,000 1/2 Fahnestock & Co 6/10/97 10,000 1/2 Fahnestock & Co Jane D. Baird 4/24/97 4,000 1/2 Fahnestock & Co 4/28/97 7,300 1/2 Fahnestock & Co 5/9/97 1,400 1/2 Fahnestock & Co 5/20/97 400 1/2 Fahnestock & Co 6/6/97 78,600 1/2 Fahnestock & Co Citizens Growth 6/9/97 100,000 1/2 Fahnestock & Co Properties The Cameron 6/10/97 92,000 1/2 Fahnestock & Co Baird Foundation
(d) Not applicable (e) Not applicable SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. DATED: June 12, 1997. ARIES HILL CORPORATION By: s/ Brian D. Baird Brian D. Baird, Secretary CITIZENS GROWTH PROPERTIES By: s/ Brian D. Baird Brian D. Baird, Secretary THE CAMERON BAIRD FOUNDATION By: s/ Brian D. Baird Brian D. Baird, Trustee JANE D. BAIRD By: s/ Brian D. Baird Brian D. Baird, as Attorney-in-fact* * Power of attorney has been previously filed with the Securities and Exchange Commission. -----END PRIVACY-ENHANCED MESSAGE-----