-----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, gQhAKxJVm18RqWnu8F3F7v7UXdxg3HsSVqmHMKIsG1KdIWYirAOi5QNAh8UpADpM r0cALIXBkrlmkc3ULc/JBw== 0000906344-94-000022.txt : 19940614 0000906344-94-000022.hdr.sgml : 19940614 ACCESSION NUMBER: 0000906344-94-000022 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19940613 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLICKER INDUSTRIES INC CENTRAL INDEX KEY: 0000081050 STANDARD INDUSTRIAL CLASSIFICATION: 2200 IRS NUMBER: 230991870 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-16236 FILM NUMBER: 94533893 BUSINESS ADDRESS: STREET 1: 1445 E PUTNAM AVE CITY: OLD GREENWICH STATE: CT ZIP: 06870 BUSINESS PHONE: 2036374500 MAIL ADDRESS: STREET 1: 1445 EAST PUTNAM AVENUE CITY: OLD GREENWICH STATE: CT ZIP: 06870 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BASE ASSETS TRUST CENTRAL INDEX KEY: 0000914985 STANDARD INDUSTRIAL CLASSIFICATION: STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 11444 WEST OLYMPIC BOULEVARD CITY: LOS ANGELES STATE: CA ZIP: 90064 SC 13G/A 1 AMEND. NO. 1 SCH 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Publicker Industries, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 74463510 (CUSIP Number) Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing 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). *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 the disclosures provided in a prior cover page. The information required in 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). SEC 1745 (2/92) CUSIP No. 74463510 13G Page 2 of 10 Pages 1 NAME OF REPORTING PERSON Base Assets Trust S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 95-6598-256 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Trust organized under the laws of the State of California 5 SOLE VOTING POWER 0 NUMBER OF SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 979,353 REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 979,353 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 979,353 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 06.3% 12 TYPE OF REPORTING PERSON* IC SEC 1745 (2/92) CUSIP No. 74463510 13G Page 3 of 10 Pages *SEE INSTRUCTION BEFORE FILLING OUT! SEC 1745 (2/92) CUSIP No. 74463510 13G Page 4 of 10 Pages 1 NAME OF REPORTING PERSON Richard D. Baum, in his capacity as Chief Deputy Insurance Commissioner of the State of California, but not individually, as Trustee of the Base Assets Trust S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States 5 SOLE VOTING POWER 0 NUMBER OF SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 979,353 REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 979,353 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 979,353 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 06.3% 12 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTION BEFORE FILLING OUT! SEC 1745 (2/92) CUSIP No. 74463510 13G Page 5 of 10 Pages 1 NAME OF REPORTING PERSON Anthony R. Buonaguro, as Trustee of the Base Assets Trust S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-#### 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States 5 SOLE VOTING POWER 0 NUMBER OF SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 979,353 REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 979,353 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 979,353 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 06.3% 12 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTION BEFORE FILLING OUT! SEC 1745 (2/92) CUSIP No. 74463510 13G Page 6 of 10 Pages 1 NAME OF REPORTING PERSON Thomas Arnold, as Trustee of the Base Assets Trust S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ###-##-#### 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States 5 SOLE VOTING POWER 0 NUMBER OF SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 979,353 REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 979,353 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 979,353 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 06.3% 12 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTION BEFORE FILLING OUT! SEC 1745 (2/92) CUSIP No. 74463510 13G Page 7 of 10 Pages Item 1(a) Name of Issuer Publicker Industries, Inc. Item 1(b) Address of Issuer's Principal Executive Offices 1445 East Putman Avenue Old Greenwich, CT 06870 Item 2(a) Name of Person Filing Reference is made to Item 1 of each of the cover pages of this Schedule 13G, which Items are incorporated herein by reference. Item 2(b) Address of Principal Business or, if none, Residence The address of the Base Assets Trust is 11400 West Olympic Boulevard, Los Angeles, California 90064 and the address of each of the other reporting persons is in care of the Base Assets Trust. Item 2(c) Citizenship Reference is made to Item 4 of each of the cover pages of this Schedule 13G, which Items are incorporated herein by reference. Item 2(d) Title of Class of Securities Common Item 2(e) CUSIP Number 74463510 Item 3 Type of Reporting Person (c)[X] Base Assets Trust, as the liquidating agent of Executive Life Insurance Company In Rehabilitation/Liquidation, is an Insurance Company as defined in Section 3(a)(19) of the Act; the other individual reporting persons, Messrs. Baum, Buonaguro and Arnold, are trustees of the Base Assets Trust. Item 4 Ownership Reference is made to Items 5-9 and 11 of each of the cover pages of this Schedule 13G, which Items are incorporated herein by reference. The 979,353 shares of Common Stock are issuable upon exercise of warrants. This statement is filed to reflect a change in the trustees of the Base Assets Trust. Pursuant to the Amended and Restated Trust Agreement dated. SEC 1745 (2/92) CUSIP No. 74463510 13G Page 8 of 10 Pages May 6, 1994, Messrs. Baum, Buonaguro and Arnold, as trustees, replaced Aurora National Life Assurance Company, the former trustee of the Base Assets Trust. No change has occurred in the ownership of securities held by Base Assets Trust that are the subject of this statement. Item 5 Ownership of Five Percent or Less of a Class Not applicable. Item 6 Ownership of More than Five Percent on Behalf of Another Person To the knowledge of the reporting persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable. Item 8 Identification and Classification of Members of the Group Not applicable. Item 9 Notice of Dissolution of Group Not applicable. Item 10 Certification By signing below the undersigned certify that, to the best of their 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. SEC 1745 (2/92) CUSIP No. 74463510 13G Page 9 of 10 Pages Signature After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: June 10, 1994 BASE ASSETS TRUST U/A/D September 3, 1993, as amended and restated May 6, 1994 /s/ Bruce C. Juell By: _______________________________________ Bruce C. Juell Deputy Trustee RICHARD D. BAUM, in his capacity as Chief Deputy Insurance Commissioner of the State of California, but not individually, Trustee /s/ Bruce C. Juell By: _______________________________________ Bruce C. Juell His Attorney-in-Fact ANTHONY R. BUONAGURO, Trustee /s/ Bruce C. Juell By: _______________________________________ Bruce C. Juell His Attorney-in-Fact THOMAS ARNOLD, Trustee /s/ Bruce C. Juell By: _______________________________________ Bruce C. Juell His Attorney-in-Fact SEC 1745 (2/92) CUSIP No. 74463510 13G Page 10 of 10 Pages EXHIBIT INDEX Exhibit A Joint Filing Undertaking and Power of Attorney Page 10 SEC 1745 (2/92) CUSIP No. 74463510 13G Page 11 of 10 Pages JOINT FILING UNDERTAKING AND POWER OF ATTORNEY The undersigned hereby execute this agreement as an exhibit to the attached Schedule 13G to evidence their agreement, in accordance with rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Schedule 13G jointly on behalf of each of the undersigned. Each individual trustee whose signature appears below constitutes and appoints Bruce C. Juell, Deputy Trustee of the Base Assets Trust, and any other duly designated Deputy Trustee, his true and lawful attorney-in-fact and agent with full power of substitution and resubstitution, for and in his name, place and stead to execute such documents and agreements as may be appropriate on behalf of the undersigned, as Trustees of the Base Assets Trust, and to file the same, with all exhibits thereto, and all documents in connection therewith, with the Securities and Exchange Commission, with full power and authority to do and perform each and every act and thing necessary or advisable to be done in connection therewith, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. DATED: June 10, 1994. RICHARD D. BAUM, in his capacity as Chief Deputy Insurance Commissioner of the State of California, but not individually, as Trustee of the Base Assets Trust /s/ Richard D. Baum _________________________________ Richard D. Baum ANTHONY R. BUONAGURO, as Trustee of the Base Assets Trust /s/ Anthony R. Buonaguro _________________________________ Anthony R. Buonaguro THOMAS ARNOLD, as Trustee of the Base Assets Trust /s/ Thomas Arnold _________________________________ Thomas Arnold 060994/f-613227/W10/148903 SEC 1745 (2/92) -----END PRIVACY-ENHANCED MESSAGE-----