-----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, PqRvaqJN124G8v6HkrILbjxIt5dD6wZHWJF1TsmaM6tLhlBMYjvVfQundnmdQKGa VGQCc0PUca+LLIzFL78sYA== 0000950134-99-003631.txt : 19990507 0000950134-99-003631.hdr.sgml : 19990507 ACCESSION NUMBER: 0000950134-99-003631 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990506 GROUP MEMBERS: BURTON PARTNERSHIP L P GROUP MEMBERS: DONALD BURTON SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HEIST C H CORP CENTRAL INDEX KEY: 0000046653 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700] IRS NUMBER: 160803301 STATE OF INCORPORATION: NY FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-11595 FILM NUMBER: 99612334 BUSINESS ADDRESS: STREET 1: 810 NORTH BELCHER ROAD CITY: CLEARWATER STATE: FL ZIP: 34625 BUSINESS PHONE: 8134615656 MAIL ADDRESS: STREET 1: 45 ANDERSON ROAD CITY: BUFFALO STATE: NY ZIP: 14225 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BURTON PARTNERSHIP L P CENTRAL INDEX KEY: 0001019273 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: P O BOX 4643 CITY: JACKSON STATE: WY ZIP: 83001 BUSINESS PHONE: 3077392370 MAIL ADDRESS: STREET 1: P O BOX 4643 CITY: JACKSON STATE: WY ZIP: 83001 SC 13D/A 1 AMENDMENT NO. 2 TO FORM SCHEDULE 13D 1 --------------------------- OMB APPROVAL --------------------------- OMB Number: 3235-0145 Expires: December 31, 1997 Estimated average burden hours per response ....14.90 --------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 2)* C. H. Heist Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, Par Value $.05 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 423076108000 - -------------------------------------------------------------------------------- (CUSIP Number) Mia Jensen, c/o The Burton Partnership, Limited Partnership Post Office Box 4643 Jackson, Wyoming 83001 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 4/26/99 - -------------------------------------------------------------------------------- (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). 2 SCHEDULE 13D CUSIP NO. 423076108000 PAGE 2 OF 8 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Burton Partnership, Limited Partnership - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware limited partnership - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES 231,500 shares BENEFICIALLY ----------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH REPORTING -0- shares PERSON ----------------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER -0- shares ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 231,500 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 3 SCHEDULE 13D CUSIP NO. 423076108000 PAGE 3 OF 8 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Donald W. Burton - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES 231,500 shares BENEFICIALLY ----------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH REPORTING -0- PERSON ----------------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 231,500 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. 4 CUSIP #423076108000 SCHEDULE 13D PAGE 4 of 8 PAGES ITEM 1. SECURITY AND ISSUER This statement relates to shares of Common Stock, Par Value $.05 Per Share (the "Shares"), of C.H. Heist Corp. (the "Company"), having its principal executive offices at 810 North Belcher Road, Clearwater, Florida 34625. ITEM 2. IDENTITY AND BACKGROUND This statement is being filed by The Burton Partnership, Limited Partnership having its principal offices at P.O. Box 4643, Jackson, Wyoming 83001; and the general partner of The Burton Partnership, Limited Partnership, Donald W. Burton. The principal business of The Burton Partnership, Limited Partnership is investment in public and private stocks. The general partner's principal occupation is an investor. The business address of the general partner is c/o The Burton Partnership, Limited Partnership. During the five years prior to the date hereof, neither The Burton Partnership, Limited Partnership, nor its general partner has been convicted in a criminal proceeding or has been a party to a civil proceeding ending in 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. The general partner is a United States citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The Burton Partnership, Limited Partnership acquired a total of 231,500 shares of C.H. Heist Corp. through open market transactions during a period beginning May 6, 1996 and ending April 26, 1999 at prices ranging from $6.50 to 7.125 per share, for an aggregate purchase price of $1,624,506. No part of the purchase price paid by The Burton Partnership, Limited Partnership for shares was represented by funds or other consideration borrowed or otherwise obtained for the purpose of acquiring, holding, trading or voting shares of C.H. Heist Corp. 5 CUSIP #423076108000 SCHEDULE 13D PAGE 5 of 8 PAGES ITEM 4. PURPOSE OF THE TRANSACTION The Burton Partnership, Limited Partnership has purchased the Shares for investment purposes only. a. Depending on market conditions, its continuing evaluation of the business and prospects of C.H. Heist Corp. and other factors, The Burton Partnership, Limited Partnership may buy or sell additional shares in the open market. Neither The Burton Partnership, Limited Partnership, nor the general partner has any present plans which relate to or would result in: b. An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving C.H. Heist Corp. or any of its subsidiaries; c. A sale or transfer of a material amount of assets of C.H. Heist Corp. or any of its subsidiaries; d. Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number of tern directors or to fill any existing vacancies on the board; e. Any material change in the present capitalization or dividend policy of C.H. Heist Corp.; f. Any other material change in C.H. Heist Corp. business or corporate structure, including, but not limited to, if C.H. Heist is a closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940; g. Changes in C.H. Heist Corp.'s charter or bylaws or other actions which may impede the acquisition if control of C.H. Heist by any person; h. Causing a class of securities of C.H. Heist Corp. to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; i. A class of equity securities of C.H. Heist Corp. becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or j. Any action similar to any of those enumerated above. 6 CUSIP #423076108000 SCHEDULE 13D PAGE 6 of 8 PAGES ITEM 5. INTEREST IN SECURITIES AND THE ISSUER By virtue of his status as general partner of The Burton Partnership, Limited Partnership, Donald W. Burton may thus be deemed to be beneficial owner of the 231,500 shares which The Burton Partnership, Limited Partnership owns of record, representing 8.0% of the Company. Donald W. Burton may thus be deemed to share with The Burton Partnership, Limited Partnership the power to direct the voting and disposition of the shares which The Burton Partnership, Limited Partnership own of record. The aggregate 231,500 shares purchased by The Burton Partnership, Limited Partnership were obtained in the following open market transactions.
(1) (2) (3) (4) (5) Person who Effected Settlement Date Number of Price Per Brokerage House & How Transaction of Transaction Shares Share Transactions was Effected General Partner 05/06/96 10,000 7.25 J. C. Bradford - Purchase General Partner 06/25/98 900 6.88 J. C. Bradford - Purchase General Partner 07/16/98 9,100 7.13 J. C. Bradford - Purchase General Partner 07/31/98 700 7.13 J. C. Bradford - Purchase General Partner 08/04/98 500 7.13 J. C. Bradford - Purchase General Partner 08/05/98 1,000 7.13 J. C. Bradford - Purchase General Partner 08/10/98 10,000 7 J. C. Bradford - Purchase General Partner 08/10/98 7,800 7.13 J. C. Bradford - Purchase General Partner 08/14/98 1,600 7.13 J. C. Bradford - Purchase General Partner 08/17/98 5,400 7 J. C. Bradford - Purchase General Partner 08/17/98 8,400 7.13 J. C. Bradford - Purchase General Partner 09/01/98 1,600 6.75 J. C. Bradford - Purchase General Partner 09/01/98 4,600 7 J. C. Bradford - Purchase General Partner 09/03/98 8,100 6.75 J. C. Bradford - Purchase General Partner 09/04/98 400 6.75 J. C. Bradford - Purchase General Partner 09/04/98 300 6.75 J. C. Bradford - Purchase General Partner 09/23/98 3,000 6.75 J. C. Bradford - Purchase General Partner 09/24/98 900 6.75 J. C. Bradford - Purchase
7 CUSIP #423076108000 SCHEDULE 13D PAGE 7 of 8 PAGES
(1) (2) (3) (4) (5) Person who Effected Settlement Date Number of Price Per Brokerage House & How Transaction of Transaction Shares Share Transactions was Effected General Partner 09/28/98 1,600 6.75 J. C. Bradford - Purchase General Partner 10/05/98 1,900 6.75 J. C. Bradford - Purchase General Partner 10/02/98 200 6.75 J. C. Bradford - Purchase General Partner 10/06/98 400 6.75 J. C. Bradford - Purchase General Partner 10/01/98 400 6.75 J. C. Bradford - Purchase General Partner 10/07/98 4,200 6.75 J. C. Bradford - Purchase General Partner 10/07/98 1,200 6.75 J. C. Bradford - Purchase General Partner 10/08/98 5,800 6.75 J. C. Bradford - Purchase General Partner 10/14/98 3,000 6.5 J. C. Bradford - Purchase General Partner 10/15/98 2,000 6.5 J. C. Bradford - Purchase General Partner 10/19/98 600 6.5 J. C. Bradford - Purchase General Partner 10/21/98 3,000 6.5 J. C. Bradford - Purchase General Partner 10/22/98 800 6.5 J. C. Bradford - Purchase General Partner 10/23/98 600 6.5 J. C. Bradford - Purchase General Partner 10/28/98 20,000 6.75 J. C. Bradford - Purchase General Partner 10/30/98 22,200 6.75 J. C. Bradford - Purchase General Partner 11/16/98 12,700 6.75 J. C. Bradford - Purchase General Partner 11/24/98 10,000 6.71880 J. C. Bradford - Purchase General Partner 11/30/98 32,200 6.50 J. C. Bradford - Purchase General Partner 02/22/99 3,900 6.49 J. C. Bradford - Purchase General Partner 02/23/99 200 6.50 J. C. Bradford - Purchase General Partner 02/26/99 1,400 6.375 J. C. Bradford - Purchase General Partner 03/09/99 500 6.375 J. C. Bradford - Purchase General Partner 03/15/99 1,700 6.375 J. C. Bradford - Purchase General Partner 03/22/99 3,000 6.375 J. C. Bradford - Purchase General Partner 03/23/99 200 6.375 J. C. Bradford - Purchase General Partner 03/24/99 1,600 6.375 J. C. Bradford - Purchase General Partner 03/25/99 1,500 6.375 J. C. Bradford - Purchase General Partner 03/26/99 100 6.375 J. C. Bradford - Purchase General Partner 03/26/99 5,900 6.375 J. C. Bradford - Purchase General Partner 03/31/99 800 6.375 J. C. Bradford - Purchase General Partner 04/12/99 700 6.375 J. C. Bradford - Purchase General Partner 04/13/99 2,200 6.375 J. C. Bradford - Purchase General Partner 04/15/99 1,600 6.375 J. C. Bradford - Purchase General Partner 04/15/99 400 6.375 J. C. Bradford - Purchase General Partner 04/16/99 2,900 6.375 J. C. Bradford - Purchase General Partner 04/22/99 300 6.375 J. C. Bradford - Purchase General Partner 04/26/99 600 6.375 J. C. Bradford - Purchase General Partner 04/27/99 4,600 6.375 J. C. Bradford - Purchase General Partner 04/29/99 300 6.375 J. C. Bradford - Purchase ------- ---------- TOTAL 231,500 $1,624,506 ======= ==========
No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, the shares beneficially owned by The Burton Partnership, Limited Partnership and the general partner 8 CUSIP #423076108000 SCHEDULE 13D PAGE 8 of 8 PAGES ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER Except as described elsewhere herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among The Burton Partnership, Limited Partnership and the general partner or between any such person and any other person with respect to 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. SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: May 4, 1999 The Burton Partnership, Limited Partnership By: /s/ DONALD W. BURTON ---------------------------------------- Donald W. Burton, General Partner -----END PRIVACY-ENHANCED MESSAGE-----