-----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, A90MU4Gm/nkEOrdKaAZX53gHBEIMAU5gCWEys+LAYOJ1f+vE0Wo9epO2sLMU9UZy xMIcJwvbUzuX8tkwwRYMlA== 0000950134-05-018267.txt : 20050923 0000950134-05-018267.hdr.sgml : 20050923 20050923172108 ACCESSION NUMBER: 0000950134-05-018267 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050923 DATE AS OF CHANGE: 20050923 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BEXIL CORP CENTRAL INDEX KEY: 0001023714 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 133907058 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-51849 FILM NUMBER: 051101243 BUSINESS ADDRESS: STREET 1: 11 HANOVER SQUARE STREET 2: 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 2127850900 MAIL ADDRESS: STREET 1: 11 HANOVER SQUARE STREET 2: 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 FORMER COMPANY: FORMER CONFORMED NAME: BULL & BEAR U S GOVERNMENT SECURITIES FUND INC DATE OF NAME CHANGE: 19960926 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Fondren Management LP CENTRAL INDEX KEY: 0001328331 IRS NUMBER: 201985995 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1177 WEST LOOP SOUTH STREET 2: SUITE 1625 CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 713.877.0089 MAIL ADDRESS: STREET 1: 1177 WEST LOOP SOUTH STREET 2: SUITE 1625 CITY: HOUSTON STATE: TX ZIP: 77027 SC 13G 1 d28967sc13g.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) BEXIL CORPORATION ---------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share ---------------------------------------------------------------------- (Title of Class of Securities) 088577101 ---------------------------------------------------------------------- (CUSIP Number) September 15, 2005 ---------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP No. 088577101 13G - ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Fondren Management LP - ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) - ---------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Texas - ---------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY 46,400 EACH REPORTING PERSON WITH - ---------------------------------------------------------------------- 6 SHARED VOTING POWER 0 - ---------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 46,400 - ---------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 46,400 - ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3% - ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT 2 SCHEDULE 13G This Schedule 13G (the "Schedule 13G") is being filed on behalf of Fondren Management LP, a Texas limited partnership ("Fondren Management"), relating to shares of common stock of Bexil Corporation, a Maryland corporation (the "Issuer"), purchased by Fondren Management for the account of Fondren Partners LP, a Texas limited partnership ("Fondren Partners") and Fondren Partners Offshore Ltd., a Cayman Islands exempted limited company ("Fondren Offshore"), of which Fondren Management is the investment manager. ITEM 1(a) NAME OF ISSUER. Bexil Corporation ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES. 11 Hanover Square, 12th Floor New York, New York 10005 ITEM 2(a) NAME OF PERSON FILING. Fondren Management LP ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE. 1177 West Loop South, Suite 1625 Houston, Texas 77027 ITEM 2(c) PLACE OF ORGANIZATION. Fondren Management is a Texas limited partnership. ITEM 2(d) TITLE OF CLASS OF SECURITIES. Common Stock, par value $.01 per share ("Common Stock"). ITEM 2(e) CUSIP NUMBER. 088577101 ITEM 3 REPORTING PERSON. The person filing is not listed in Items 3(a) through 3(j). 3 ITEM 4 OWNERSHIP. (a) Fondren Management is the beneficial owner (as defined in Rule 13d-3) of 46,400 shares of Common Stock. (b) Fondren Management is the beneficial owner (as defined in Rule 13d-3) of 5.3% of the outstanding shares of Common Stock. This percentage is determined by dividing the number of shares beneficially held by 879,591, the number of shares of Common Stock issued and outstanding as of July 31 2005, as reported in the Issuer's most recent quarterly report on Form 10-QSB dated August 15, 2005. (c) Fondren Management may direct the vote and disposition of the 46,400 shares of Common Stock. ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Inapplicable. ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Inapplicable. ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Inapplicable. ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Inapplicable. ITEM 9 NOTICE OF DISSOLUTION OF GROUP. Inapplicable. ITEM 10 CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 4 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. Date: September 23, 2005 FONDREN MANAGEMENT LP By: BLR CAPITAL LLC, its general partner By: /s/ Bradley Radoff ---------------------------------- Name: Bradley Radoff Title: Manager 5 -----END PRIVACY-ENHANCED MESSAGE-----