-----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, BscU2G/EBJeiCfn17KwJDyPQ/U9ckqhloYIDpJ4iZgZovcMNLj1cEVFODGw1KWwa mEfteX44qGpSfoAFOG1hgg== 0000927016-96-001341.txt : 19961015 0000927016-96-001341.hdr.sgml : 19961015 ACCESSION NUMBER: 0000927016-96-001341 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961011 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN INCOME PARTNERS IV B LP CENTRAL INDEX KEY: 0000826930 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 043024966 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-47113 FILM NUMBER: 96642323 BUSINESS ADDRESS: STREET 1: 98 NORTH WASHINGTON ST CITY: BOSTON STATE: MA ZIP: 02114 BUSINESS PHONE: 618545800 MAIL ADDRESS: STREET 1: 98 NORTH WASHINGTON ST CITY: BOSTON STATE: MA ZIP: 02114 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EQUIS FINANCIAL GROUP CENTRAL INDEX KEY: 0001024539 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 043093629 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 98 NORTH WASHINGTON STREET CITY: BOSTON STATE: MA ZIP: 02114 BUSINESS PHONE: 6178545800 SC 13D 1 FORM 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. __)* American Income Partners IV-B, A Massachusetts Limited Partnership - -------------------------------------------------------------------------------- (Name of Issuer) Units representing Limited Partnership Interests - -------------------------------------------------------------------------------- (Title of Class of Securities) None ------------------------------------------------------------ (CUSIP Number) Gary D. Engle, President, Equis Corporation 98 North Washington Street, Boston, Massachusetts 02114 (617) 854-5800 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 30, 1996 ------------------------------------------------------------ (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 [X]. (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 - ------------------------ -------------------------- CUSIP No. None Page 2 of 4 Pages - ------------------------ -------------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Equis Financial Group - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (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. CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts - -------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 85,141 ----------------------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY None ----------------------------------------------------------------- EACH 9. SOLE DISPOSITIVE POWER REPORTING 85,141 ----------------------------------------------------------------- PERSON 10. SHARED DISPOSITIVE POWER WITH None - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 85,141 - -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- SCHEDULE 13D - ------------------------ -------------------------- CUSIP No. None Page 3 of 4 Pages - ------------------------ -------------------------- Item 1. Security and Issuer This Statement relates to units (the "Units") representing limited partnership interests of American Income Partners IV-B, A Massachusetts Limited Partnership, a Massachusetts limited partnership (the "Partnership"), which has its principal executive offices at 98 North Washington Street, Boston, Massachusetts 02114. Item 2. Identity and Background The person filing this Statement is Equis Financial Group ("Equis"). Equis is a Massachusetts general partnership engaged in the business of negotiating, arranging and managing the leasing, re-leasing, financing, refinancing and selling of equipment on lease to major corporations. The general partners of Equis are GDE Acquisition Limited Partnership ("GDE"), a Massachusetts limited partnership, and Equis Corporation ("EC"), a Massachusetts corporation. The general partner of GDE is EC. The sole activity of GDE is acting as the general partner of Equis. The sole activity of EC is acting as the general partner of Equis and GDE. Gary D. Engle is the sole executive officer and director of EC and a U.S. citizen. Mr. Engle also controls EC. The business address of each of Equis, GDE, EC and Mr. Engle is 98 North Washington Street, Boston, Massachusetts 02114. During the last five years, neither Equis nor, to the best of Equis's knowledge, any of the other persons named in this Item 2 (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration On September 30, 1996, Equis acquired 85,141 Units for an aggregate purchase price of $368,074. Of such amount, 10% was paid in cash and the balance was paid by delivery of Equis's promissory note in the principal amount of such balance. The source of the funds used in making the purchase was the working capital of Equis. Item 4. Purpose of Transaction Equis acquired the Units for investment purposes. Item 5. Interest in Securities of the Issuer Equis beneficially owns 85,141 Units, representing approximately 9.7% of the outstanding Units. No other person named in Item 2 owns any Units. Equis has sole SCHEDULE 13D - ------------------------ -------------------------- CUSIP No. None Page 4 of 4 Pages - ------------------------ -------------------------- power to vote and to dispose of the Units owned by it. Equis acquired the Units owned by it from Atlantic Acquisition Limited Partnership, a Massachusetts limited partnership controlled by Gary D. Engle. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Not applicable. Item 7. Material to Be Filed as Exhibits Not applicable. 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. EQUIS FINANCIAL GROUP October 7, 1996 - ------------------------------------- Date By: GDE Acquisition Limited Partnership, its general partner By: Equis Corporation, its general partner By: /s/ Gary D. Engle -------------------------------------- Name: Gary D. Engle Title: President -----END PRIVACY-ENHANCED MESSAGE-----