-----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, WJKweVPD9J0u4wmmMJcCzW4RaaVqdZGgXuP4voVW6WtXj8e6zpE4jOxNZ87PBJHP 2/ynEbcddpcSK7exf1+rmg== 0000889812-99-001280.txt : 19990423 0000889812-99-001280.hdr.sgml : 19990423 ACCESSION NUMBER: 0000889812-99-001280 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19990422 GROUP MEMBERS: BAHAMAS PROTECTORS, LTD. GROUP MEMBERS: CHADBOURNE CORPORATION GROUP MEMBERS: HALTON HOUSE, LTD. GROUP MEMBERS: MENTMORE HOLDINGS CORP GROUP MEMBERS: THE HALTON DECLARATION OF TRUST GROUP MEMBERS: WILLIAM L. REMLEY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEXFI INDUSTRIES INC CENTRAL INDEX KEY: 0000097579 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221] IRS NUMBER: 560795032 STATE OF INCORPORATION: DE FISCAL YEAR END: 1028 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-18391 FILM NUMBER: 99599248 BUSINESS ADDRESS: STREET 1: 5400 GLENWOOD AVENUE STE 215 CITY: RALEIGH STATE: NC ZIP: 27612 BUSINESS PHONE: 9197834736 MAIL ADDRESS: STREET 1: P O BOX 31728 STREET 2: P O BOX 31728 CITY: RALEIGH STATE: NC ZIP: 27622 FORMER COMPANY: FORMER CONFORMED NAME: TEXTURED FIBRES INC DATE OF NAME CHANGE: 19710909 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MENTMORE HOLDINGS CORP CENTRAL INDEX KEY: 0001064717 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 521756320 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1430 BROADWAY STREET 2: 13TH FL CITY: NEW YORK STATE: NY ZIP: 10018-3308 BUSINESS PHONE: 2123911392 MAIL ADDRESS: STREET 1: 1430 BROADWAY STREET 2: 13TH FL CITY: NEW YORK STATE: NY ZIP: 10018 SC 13D/A 1 AMENDMENT 6 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------- AMENDMENT NO. 6 TO SCHEDULE 13D Under the Securities Exchange Act of 1934 TEXFI INDUSTRIES, INC. (Name of Issuer) Common Stock, $1.00 par value per share (Title of Class of Securities) 882895 10 5 (CUSIP Number) William L. Remley, President Chadbourne Corporation 680 Fifth Avenue 8th Floor New York, New York 10019 (212) 931-5200 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copy to: Robert W. Ericson, Esq. Winston & Strawn 200 Park Avenue Suite 4200 New York, New York 10166 (212) 294-6700 April 12, 1999 (Date of Event Which Requires Filing 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. / / CUSIP No. 882895 10 5 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS: Chadbourne Corporation SS or IRS. 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 n/a - -------------------------------------------------------------------------------- 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 SHARES BENEFICIALLY OWNED 7. SOLE VOTING POWER - 0 - BY EACH REPORTING PERSON WITH ----------------------------------------- 8. SHARED VOTING POWER - 0 - ----------------------------------------- 9. SOLE DISPOSITIVE POWER - 0 - ----------------------------------------- 10. SHARED DISPOSITIVE POWER - 0 - - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- 2 CUSIP No. 882895 10 5 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS: Mentmore Holdings Corporation SS or IRS. 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 n/a - -------------------------------------------------------------------------------- 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 SHARES BENEFICIALLY OWNED 7. SOLE VOTING POWER - 0 - BY EACH REPORTING PERSON WITH ----------------------------------------- 8. SHARED VOTING POWER - 0 - ----------------------------------------- 9. SOLE DISPOSITIVE POWER - 0 - ----------------------------------------- 10. SHARED DISPOSITIVE POWER - 0 - - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- 3 CUSIP No. 882895 10 5 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS: Halton House Ltd. SS or IRS. 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 n/a - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Bahamas - -------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED 7. SOLE VOTING POWER - 0 - BY EACH REPORTING PERSON WITH ----------------------------------------- 8. SHARED VOTING POWER - 0 - ----------------------------------------- 9. SOLE DISPOSITIVE POWER - 0 - ----------------------------------------- 10. SHARED DISPOSITIVE POWER - 0 - - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- 4 CUSIP No. 882895 10 5 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS: William L. Remley SS or IRS. 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 n/a - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED 7. SOLE VOTING POWER - 0 - BY EACH REPORTING PERSON WITH ----------------------------------------- 8. SHARED VOTING POWER - 0 - ----------------------------------------- 9. SOLE DISPOSITIVE POWER - 0 - ----------------------------------------- 10. SHARED DISPOSITIVE POWER - 0 - - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- 5 CUSIP No. 882895 10 5 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS: The Halton Declaration of Trust SS or IRS. 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 n/a - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Bahamas - -------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED 7. SOLE VOTING POWER - 0 - BY EACH REPORTING PERSON WITH ----------------------------------------- 8. SHARED VOTING POWER - 0 - ----------------------------------------- 9. SOLE DISPOSITIVE POWER - 0 - ----------------------------------------- 10. SHARED DISPOSITIVE POWER - 0 - - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- 6 CUSIP No. 882895 10 5 - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS: Bahamas Protectors, Ltd. SS or IRS. 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 n/a - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Bahamas - -------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED 7. SOLE VOTING POWER - 0 - BY EACH REPORTING PERSON WITH ----------------------------------------- 8. SHARED VOTING POWER - 0 - ----------------------------------------- 9. SOLE DISPOSITIVE POWER - 0 - ----------------------------------------- 10. SHARED DISPOSITIVE POWER - 0 - - -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 0 - - -------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- 7 SCHEDULE 13D Item 1. Security and Issuer. This Amendment No. 6, filed jointly by Chadbourne Corporation ("Chadbourne"), Halton House Ltd. ("Halton Ltd."), The Halton Declaration of Trust ("Halton Trust"), Bahamas Protectors, Ltd. ("Bahamas Protectors"), Mentmore Holdings Corporation ("Mentmore") and William L. Remley ("Remley") (collectively, the "Reporting Persons"), amends and supplements the statement on Schedule 13D, as previously amended (this "Schedule"), filed jointly by Chadbourne, Halton Ltd., Halton Trust and Bahamas Protectors relating to shares of Common Stock, par value $1.00 per share (the "Common Stock"), of Texfi Industries, Inc. (the "Issuer"). Any capitalized term used without definition shall have the same meaning previously ascribed to it in this Schedule. Item 5. Interest in Securities of the Issuer. On April 12, 1999, the Reporting Persons sold 1,470,671 shares of Common Stock, and 1,200,000 options to acquire shares of Common Stock for an aggregate purchase price of $3,431,123. Such dispositions were executed in a private sale. Such sales of Common Stock and Options to acquire Common Stock by the Reporting Persons reduced the Reporting Persons' beneficial ownership of Common Stock to 0. Item 7. Material to Be Filed as Exhibits. Exhibit Description 99.5 Joint filing agreement. 8 SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned hereby certifies that the information set forth in this amendment is true, complete and correct. Dated: April 16, 1999 CHADBOURNE CORPORATION By: /s/William S. Remley ---------------------------- Name: William L. Remley Title: President HALTON HOUSE, LTD. By: /s/William S. Remley --------------------------- Name: William L. Remley Title: President THE HALTON DECLARATION OF TRUST By: BAHAMAS PROTECTORS, LTD. /s/Gary R. Siegel ----------------- Name: Gary R. Siegel Title: Attorney-in-Fact BAHAMAS PROTECTORS, LTD. By: /s/Gary R. Siegel ------------------------ Name: Gary R. Siegel Title: Attorney-in-Fact MENTMORE HOLDINGS CORPORATION By: /s/William L. Remley ------------------------------ Name: William L. Remley Title: President /s/William L. Remley -------------------- WILLIAM L. REMLEY 9 EX-99.5 2 JOINT FILING AGREEMENT Exhibit 99.5 JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them of this Amendment No. 6 to Schedule 13D with respect to the Common Stock, par value $1.00 per share, of Texfi Industries, Inc. and that this agreement shall be included as an exhibit to such joint filing. IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of April 14, 1999. CHADBOURNE CORPORATION By: /s/William S. Remley ---------------------------- Name: William L. Remley Title: President HALTON HOUSE, LTD. By: /s/William S. Remley --------------------------- Name: William L. Remley Title: President THE HALTON DECLARATION OF TRUST By: BAHAMAS PROTECTORS, LTD. /s/Gary R. Siegel ----------------- Name: Gary R. Siegel Title: Attorney-in-Fact BAHAMAS PROTECTORS, LTD. By: /s/Gary R. Siegel ------------------------ Name: Gary R. Siegel Title: Attorney-in-Fact MENTMORE HOLDINGS CORPORATION By: /s/William L. Remley ------------------------------ Name: William L. Remley Title: President /s/William L. Remley -------------------- WILLIAM L. REMLEY -----END PRIVACY-ENHANCED MESSAGE-----