-----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, TK9RszXKyiHMiynE7GHkiEyHvN7t/vJ/1+IS0A23IiOqmlhkChAGhh7HoLcSW7Ga vzGjQb7+ZPFCLTz76HuNvA== 0000950148-98-001733.txt : 19980727 0000950148-98-001733.hdr.sgml : 19980727 ACCESSION NUMBER: 0000950148-98-001733 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980724 SROS: NONE GROUP MEMBERS: LODGECO PROPERTIES, LTD. GROUP MEMBERS: MILL EQUITIES CO. GROUP MEMBERS: ROSSCO HOLDINGS INC GROUP MEMBERS: TRIRO EQUITIES CO. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLICKER INDUSTRIES INC CENTRAL INDEX KEY: 0000081050 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 230991870 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-16236 FILM NUMBER: 98670766 BUSINESS ADDRESS: STREET 1: ONE POST RD CITY: FAIRFIELD STATE: CT ZIP: 06430 BUSINESS PHONE: 2032543900 MAIL ADDRESS: STREET 1: ONE POST ROAD CITY: FAIRFIELD STATE: CT ZIP: 06430 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ROSSCO HOLDINGS INC CENTRAL INDEX KEY: 0001065409 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 952801985 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 10111 N BEVERLY DRIVE CITY: BEVERLY HILLS STATE: CA ZIP: 90210 BUSINESS PHONE: 3102741986 MAIL ADDRESS: STREET 1: 10111 N BEVERLY DRIVE CITY: BEVERLY HILLS STATE: CA ZIP: 90210 SC 13D/A 1 SCHEDULE 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (AMENDMENT NO. 1) Under The Securities Exchange Act of 1934 PUBLICKER INDUSTRIES INC. (Name of Issuer) Common Stock, $.10 par value (Title of Class of Securities) 1-3315 (Commission File No.) 23-0991870 (I.R.S. Employer No.) Gary N. Jacobs, Esq. Christensen, Miller, Fink, Jacobs, Glaser, Weil & Shapiro, LLP 2121 Avenue of the Stars, Eighteenth Floor Los Angeles, California 90067 (310) 553-3000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 17, 1998 (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 [ ]. 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.) (Continued on following page(s)) 2 COMMISSION FILE NO. 1-3315 13 D PAGE 2 OF 7 PAGES - -------------------------- ----------------- 1 NAME OF REPORTING PERSON Lodgeco Properties, Ltd. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - -------------------------------------------------------------------------------- 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 CITIZEN OR PLACE ORGANIZATION Texas - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 175,500 SHARES ----------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- EACH ----------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 175,500 ----------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 175,500 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENTAGE OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 3 COMMISSION FILE NO. 1-3315 13 D PAGE 3 OF 7 PAGES - -------------------------- ----------------- 1 NAME OF REPORTING PERSON Mill Equities Co. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ x ] (b) [ ] - -------------------------------------------------------------------------------- 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 CITIZEN OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 141,700 SHARES ----------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- EACH ----------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 141,700 ----------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 141,700 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENTAGE OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 4 COMMISSION FILE NO. 1-3315 13 D PAGE 4 OF 7 PAGES - -------------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Rossco Holdings Incorporated S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ x ] (b) [ ] - -------------------------------------------------------------------------------- 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 CITIZEN OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 265,000 SHARES ----------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- EACH ----------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 265,000 ----------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 265,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENTAGE OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 5 COMMISSION FILE NO. 1-3315 13 D PAGE 5 OF 7 PAGES - -------------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Triro Equities Co. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ x ] (b) [ ] - -------------------------------------------------------------------------------- 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 CITIZEN OR PLACE OF ORGANIZATION Texas - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 99,000 SHARES ----------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- EACH ----------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON 99,000 ----------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 99,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENTAGE OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 6 Reference is hereby made to that certain Schedule 13D dated July 2, 1998 (the "Schedule"), filed by Rossco Holdings Incorporated, a California corporation ("RHI"), Lodgeco Properties, Ltd., a Texas limited partnership, Mill Equities Co., a California general partnership, and Triro Equities Co., a Texas general partnership (collectively, the "Reporting Persons"), with respect to the common stock, $0.10 par value (the "Common Stock"), of Publicker Industries, Inc., a Pennsylvania corporation (the "Issuer"). Unless otherwise indicated herein, capitalized terms used herein shall have the meanings ascribed to them in the Schedule. Unless otherwise indicated herein, the information contained in the Schedule remains unchanged. The Schedule is hereby amended as follows: ITEM 4. PURPOSE OF TRANSACTION. Item 4 is hereby amended to add the following: In a letter to the Issuer dated July 17, 1998, a copy of which is attached hereto as Exhibit 3 and incorporated herein by reference, RHI made a demand to inspect the Issuer's books and records as provided by Pennsylvania law. The purpose of such inspection is to (i) review transactions between the Issuer and its subsidiaries, on the one hand, and the officers and directors of the Issuer and their affiliates, on the other hand, to ensure that the officers and directors are acting with the required duty of loyalty toward the Issuer, and (ii) communicate with shareholders of the Issuer in a manner consistent with applicable securities laws. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit No. Description 3 Letter dated July 17, 1998, from Rossco Holdings Incorporated to Publicker Industries, Inc.
Page 6 of 7 7 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. Dated: July 21, 1998 ROSSCO HOLDINGS INCORPORATED a California corporation By: /s/ Leonard M. Ross ------------------------------- Leonard M. Ross, President LODGECO PROPERTIES, LTD. a Texas limited partnership By Rossco Holdings Incorporated General Partner By: /s/ Leonard M. Ross ------------------------------- Leonard M. Ross, President MILL EQUITIES CO. A California general partnership By: /s/ Leonard M. Ross ------------------------------- Leonard M. Ross, President TRIRO EQUITIES CO., A Texas general partnership By: /s/ Leonard M. Ross ------------------------------- Leonard M. Ross, President Page 7 of 7 EX-3 2 EXHIBIT 3 1 EXHIBIT 3 (LETTERHEAD OF ROSSCO HOLDINGS INCORPORATED) July 17, 1998 Publicker Industries, Inc. One Post Road Fairfield, Connecticut 06430 Attention: Secretary Dear Sir: Pursuant to Title 15, Section 1508(b), of the Pennsylvania Consolidated Statutes, the undersigned, a shareholder of record of Publicker Industries, Inc., a Pennsylvania corporation (the "Company"), hereby demands to inspect the books and records of the Company. As permitted by the Pennsylvania Consolidated Statutes, this demand includes, but is not limited to, inspection of the Company's share register, books and records of account, and records of the proceedings of the incorporators, shareholders, and directors. The purpose of this inspection is to (i) review the transactions between the Company and its subsidiaries, on the one hand, and officers and directors of the Company and their affiliates, on the other hand, to ensure the directors and officers are acting with the required duty of loyalty towards the Company, and (ii) communicate with shareholders of the Company in a manner consistent with applicable securities laws. Please notify the undersigned at (310) 274-1986 of the time when the books and records will be available for inspection. In addition, the undersigned hereby demands copies of each agreement or arrangement between the Company or its subsidiaries providing for compensation (including any bonus or incentive compensation) to be paid to any director or executive officer of the Company or any affiliate of any director or executive officer, including without limitation, the following: (a) The Agreements dated as of August 1987, between the Company and Harry I. Freund, Jay S. Goldsmith, David L. Herman and James J. Weis concerning a change in control of the Company; (b) The Company's 1991 Stock Option Plan; 2 EXHIBIT 3 Publicker Industries, Inc. July 17, 1998 Page 2 (c) Employment Agreement dated February 17, 1987 between the Company and James J. Weis; (d) The Company's 1993 Long-Term Incentive Plan; (e) The Company's Non-Employee Director Stock Option Plan; (f) Consulting Agreement between the Company and Harry I. Freund and Jay S. Goldsmith; and (g) Agreements providing incentive or bonus compensation paid since 1990 or to be paid to directors or officers of the Company or their affiliates. Copies of the foregoing should be sent our attorney, Gary N. Jacobs, Christensen, Miller, Fink, Jacobs, Glaser, Weil & Shapiro, LLP, 2121 Avenue of the Stars, 18th Floor, Los Angeles, California 90067. The undersigned hereby certifies that he is authorized to make the foregoing demands set forth herein. The statements made herein are subject to the penalties of Title 18, Section 4904 of the Pennsylvania Consolidated Statutes. Very truly yours, ROSSCO HOLDINGS INCORPORATED By: /s/ Leonard M. Ross ------------------------------- Leonard M. Ross President -----END PRIVACY-ENHANCED MESSAGE-----