0000900440-01-500045.txt : 20011030
0000900440-01-500045.hdr.sgml : 20011030
ACCESSION NUMBER: 0000900440-01-500045
CONFORMED SUBMISSION TYPE: SC 13D
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20011026
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: NOBLE INTERNATIONAL LTD
CENTRAL INDEX KEY: 0001034258
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
IRS NUMBER: 383139487
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-52933
FILM NUMBER: 1766976
BUSINESS ADDRESS:
STREET 1: 20101 HOOVER
CITY: DETROIT
STATE: MI
ZIP: 48205
BUSINESS PHONE: 2484333093
MAIL ADDRESS:
STREET 1: 20101 HOOVER
CITY: DETROIT
STATE: MI
ZIP: 48205
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: ELKHORN PARTNERS LIMITED PARTNERSHIP
CENTRAL INDEX KEY: 0000928400
STANDARD INDUSTRIAL CLASSIFICATION: []
STATE OF INCORPORATION: NE
FILING VALUES:
FORM TYPE: SC 13D
BUSINESS ADDRESS:
STREET 1: ELKHORN LIMITED PARTNERSHIP
STREET 2: PO BOX 0449
CITY: ELKHORN
STATE: NE
ZIP: 68022-0449
BUSINESS PHONE: 4022893217
MAIL ADDRESS:
STREET 1: ELKHORN LIMITED PARTNERSHIP
STREET 2: PO BOX 0449
CITY: ELKHORN
STATE: NE
ZIP: 68022
SC 13D
1
noble13d.txt
NOBLE 13D
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
NOBLE INTERNATIONAL, LTD.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
655053106
(CUSIP Number)
Alan S. Parsow with a copy to David L. Hefflinger
General Partner McGrath, North, Mullin
Elkhorn Partners Limited Partnership & Kratz,P.C.
P.O. Box 818 1400 One Central Park Plaza
Elkhorn, NE 68022 Omaha, NE 68102
(402) 289-3217 (402) 341-3070
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 21, 2001
(Date of Event which Required Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g) check the following box
[ ].
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.
CUSIP NO. 655053106 13D Page 2 of 4 Pages
1. Name of Reporting Person
SS or IRS Identification Number of Above Person
Elkhorn Partners Limited Partnership / 47-0721875
2. Check the Appropriate Box if a Member of a Group
/X/ (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
Nebraska
7. Sole Voting Power
358,000 Shares
Number of
Shares 8. Shared Voting Power
Beneficially
Owned by 0
Reporting
Person 9. Sole Dispositive Power
With
358,000 Shares
10. Shared Dispositive Power
0
11. Aggregate Amount Beneficially Owned by Each Reporting Person
358,000 Shares
12. Check Box if Aggregate Amount in Row 11 Excludes Certain
Shares
/ /
13. Percent of Class Represented by Amount in Row 11
Approximately 5.4% of voting securities
14. Type of Reporting Person
PN
CUSIP NO. 655053106 13D Page 3 of 4 Pages
ITEM 1. SECURITY AND ISSUER.
The securities to which this Schedule 13D relates are shares of common
stock of Noble International, Ltd. ("Noble International"), whose principal
executive offices are located at 20101 Hoover Road, Detroit, Michigan 48205.
Elkhorn Partners Limited Partnership (the "Partnership") is the entity making
this filing.
ITEM 2. IDENTITY AND BACKGROUND.
(a)-(c), (f) This Schedule 13D is being filed by the Partnership. The sole
general partner of the Partnership is Alan S. Parsow, 2222 Skyline Drive,
Elkhorn, Nebraska 68022. The business of the Partnership consists of the buying
and selling, for the account of the Partnership, of stocks, bonds and other
securities, commodities, property and investments. Mr. Parsow is a United States
citizen.
(d)-(e) Neither the Partnership nor Mr. Parsow has during the last five
years been convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors) or has been 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 of such law.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Partnership has acquired Noble International common stock through open
market purchases. The purchase price was obtained from the Partnership's working
capital and from margin account borrowings from brokers.
ITEM 4. PURPOSE OF THE TRANSACTION.
The Partnership has acquired the Noble International common shares as an
investment. The Partnership intends to review on a continuing basis its
investment in the Noble International common stock, Noble International's
business affairs and financial condition, as well as conditions in the
securities markets and general economic and industry conditions. The Partnership
may purchase additional Noble International common shares either in the open
market, in privately-negotiated transactions, or otherwise. Additionally, the
Partnership may dispose of the Noble International common stock it presently
owns or hereafter acquires either in the open market, in privately negotiated
transactions, or otherwise.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a)(b) From September 21, 2001 to October 25, 2001, the Partnership
continuously owned 358,000 shares of Noble International common stock. The Noble
International Form 10-Q for the quarter ended June 30, 2001 reported that there
were outstanding 6,609,019 shares of Noble International common stock as of June
30, 2001. Based on this number, the Partnership owns approximately 5.4% of the
Noble International common stock.
(c) During the past 60 days, the Partnership purchased 20,500 shares of
Noble International common stock, in open market transactions, at prices ranging
from $4.85 to $6.33 per share. These purchases occurred on or before September
21, 2001.
CUSIP NO. 655053106 13D Page 4 of 4 Pages
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
Neither the Partnership nor Mr. Parsow has any contract, arrangement,
understanding or relationship with any other person with respect to any
securities of Noble International including the transfer or voting of any of the
securities, finder's fees, joint ventures, loan or option arrangements, puts or
calls, guarantees of profits, division of profits or loss, or the giving or
withholding of proxies.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
Not Applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
hereby certify that the information set forth in this statement is true,
complete and correct.
DATED: October 25, 2001
Elkhorn Partners Limited Partnership
By: /s/ Alan S. Parsow
________________________________
Alan S. Parsow
General Partner