-----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, QjtpInskLhOpKeTIQOpXduaOpZBcQTOCHyD9GDK61EufrevPkp7pYHgIWiE2d3er etxfXgwclduFzV5xrnYN8Q== 0000950152-97-000165.txt : 19970113 0000950152-97-000165.hdr.sgml : 19970113 ACCESSION NUMBER: 0000950152-97-000165 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 19970110 SROS: NONE GROUP MEMBERS: BRUCE T. RANKIN GROUP MEMBERS: CLAIBORNE R.RANKIN GROUP MEMBERS: CLARA L. T. RANKIN GROUP MEMBERS: CTR FAMILY ASSOCIATES, L.P. GROUP MEMBERS: MARGARET E. TAPLIN GROUP MEMBERS: NATIONAL CITY BANK GROUP MEMBERS: RANKIN ALFRED M ET AL GROUP MEMBERS: RANKIN MANAGEMENT INC. GROUP MEMBERS: ROGER F. RANKIN GROUP MEMBERS: THOMAS T. RANKIN GROUP MEMBERS: VICTOIRE G. RANKIN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NACCO INDUSTRIES INC CENTRAL INDEX KEY: 0000789933 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL TRUCKS TRACTORS TRAILERS & STACKERS [3537] IRS NUMBER: 341505819 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38001 FILM NUMBER: 97504127 BUSINESS ADDRESS: STREET 1: 5875 LANDERBROOK DR CITY: MAYFIELD HTS STATE: OH ZIP: 44124-4017 BUSINESS PHONE: 2164499600 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RANKIN ALFRED M ET AL CENTRAL INDEX KEY: 0000904532 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 5875 LANDERBROOK DR CITY: MAYFIELD STATE: OH ZIP: 44124 MAIL ADDRESS: STREET 1: 5875 LANDERBROOK DR CITY: MAYFIELD HEIGHTS STATE: OH ZIP: 44124 SC 13D/A 1 NACCO INDUSTRIES/ALFRED M. RANKIN JR. SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDED AND RESTATED SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 4)* NACCO INDUSTRIES, INC. - -------------------------------------------------------------------------------- (NAME OF ISSUER) CLASS B COMMON, PAR VALUE $1.00 PER SHARE - -------------------------------------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 629579 20 02 - -------------------------------------------------------------------------------- (CUSIP NUMBER) ALFRED M. RANKIN, JR. 5875 LANDERBROOK DRIVE MAYFIELD HEIGHTS, OHIO 44124-4017 (216) 449-9600 - -------------------------------------------------------------------------------- (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS) DECEMBER 31, 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 AMENDED AND RESTATED SCHEDULE 13D, AND IS FILING THIS SCHEDULE BECAUSE OF RULE 13d-1(b)(3) OR (4), CHECK THE FOLLOWING BOX [ ]. 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. (Continued on following pages) (Page 1 of 19 Pages) - ------------ * 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 (the "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 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 2 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Clara L. T. Rankin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 7,000 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 479,371 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 479,371 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 28.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 3 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 3 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Alfred M. Rankin, Jr. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 472,371 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 472,371 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 27.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 4 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 4 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Thomas T. Rankin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 71,516 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 71,516 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 472,371 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 543,887 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 32.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 5 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 5 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Claiborne R. Rankin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 77,318 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 77,318 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 472,371 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 549,689 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 32.4% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 6 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 6 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Roger F. Rankin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 78,198 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 78,198 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 472,371 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 550,569 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 32.5% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 7 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 7 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bruce T. Rankin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 472,371 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 472,371 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 27.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 8 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 8 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Victoire G. Rankin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 472,371 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 472,371 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 27.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 9 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 9 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Margaret E. Taplin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 7,487 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 7,487 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,487 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 0.4% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 10 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 10 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CTR Family Associates, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Georgia - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12 CHECK BOX 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* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 11 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 11 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Rankin Management, Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Georgia - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 472,371 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 472,371 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 472,371 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 27.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 12 - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 12 of 19 Pages ----------------- ---- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON National City Bank, as trustee - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - See Item 3 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 21,000 EACH REPORTING ------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------- 10 SHARED DISPOSITIVE POWER 21,000 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 1.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* BK - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 13 AMENDED AND RESTATED SCHEDULE 13D - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 13 of 19 Pages - -------------------------------- ---------------------------------- The Schedule 13D filed on March 29, 1990, as amended by Amendment No. 1 filed on April 11, 1990, as amended by Amendment No. 2 filed on March 14, 1991, as amended by Amendment No. 3 filed on March 20, 1992, as amended by Amendment No. 4 filed on March 9, 1994, as amended and restated in its entirety pursuant to Regulation S-T, Rule 101(a)(2) on March 30, 1994 (the "Schedule 13D") and as amended by Amendment No. 1 to the amended and restated Schedule 13D filed on March 28, 1995, as amended by Amendment No. 2 to the amended and restated Schedule 13D filed on March 21, 1996, and as amended by Amendment No. 3 to the amended and restated Schedule 13D filed on November 25, 1996, on behalf of certain signatories to the Stockholders' Agreement, dated as of March 15, 1990, as amended, among the signatories thereto, NACCO Industries, Inc. and KeyCorp Shareholder Services, Inc. (successor by merger to Ameritrust Company National Association), as depository, is hereby further amended as follows: ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION ------------------------------------------------- Item 3 of the Schedule 13D is hereby amended by deleting the final paragraph thereof in its entirety and inserting in its stead the following: CTR Family Associates, L.P. acquired the shares of Class B Common initially held by CTR Family Associates, L.P. as capital contributions from its partners in connection with its formation and the execution and delivery of the Agreement of Limited Partnership of CTR Family Associates, L.P. (the "Partnership Agreement"). CTR Family Associates, L.P. acquired 46,000 additional shares of Class B Common as additional capital contributions from Clara L.T. Rankin, a limited partner of CTR Family Associates, L.P., on December 31, 1996 in exchange for limited partnership interests. Ms. Rankin acquired the 46,000 shares of Class B Common so contributed to CTR Family Associates, L.P. as follows: (a) Pursuant to an Exchange Agreement, dated as of November 26, 1996 (the "November 1996 Exchange Agreement," a copy of which is attached hereto as Exhibit 16), Ms. Rankin exchanged 30,000 shares of Class A Common to acquire 30,000 shares of Class B Common from a charitable lead trust created by Frank E. Taplin, Jr., pursuant to a trust agreement dated December 15, 1976, for the benefit of the grandchildren of Frank E. Taplin, Jr. (the "Frank E. Taplin, Jr. Charitable Lead Trust"); and (b) On December 31, 1996, Ms. Rankin acquired an aggregate of 16,000 shares of Class B Common by exchanging 1,600 shares of Class A Common for 1,600 shares of Class B Common with each of 10 trusts, all of which were created by Ms. Rankin pursuant to a trust agreement dated December 28, 1976 for the benefit of Ms. Rankin's grandchildren (the "Rankin Grandchildren Trusts"). 14 AMENDED AND RESTATED SCHEDULE 13D - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 14 of 19 Pages - -------------------------------- ---------------------------------- ITEM 5. INTEREST IN SECURITIES OF THE ISSUER ------------------------------------ Item 5 of the Schedule 13D is hereby amended by deleting the first paragraph under Section (a)-(b) and replacing such first paragraph in its entirety with the following: Although each Reporting Person disclaims beneficial ownership of any shares of Class B Common beneficially owned by each other Reporting Person, pursuant to the Act and regulations thereunder the Reporting Persons may be deemed as a group to have acquired beneficial ownership of 1,542,757 shares of the Class B Common, the aggregate number of shares of Class B Common which are subject to the terms of the Stockholders' Agreement, representing approximately 91.05% of the outstanding Class B Common of the Company as of January 3, 1997. Item 5 of the Schedule 13D is hereby further amended as hereinafter set forth. (a) The statements under the heading CLARA L. T. RANKIN are hereby deleted and replaced in their entirety by the following: CLARA L. T. RANKIN. Ms. Rankin shares the power to vote and to dispose of 7,000 shares of Class B Common and shares the power to dispose of 472,371 shares of Class B Common, which together constitute approximately 28.3% of the outstanding Class B Common. (b) The statements under the heading ALFRED M. RANKIN, JR. are hereby deleted and replaced in their entirety by the following: ALFRED M. RANKIN, JR. Mr. Rankin shares the power to dispose of 472,371 shares of Class B Common, which constitutes approximately 27.9% of the outstanding Class B Common. (c) The statements under the heading THOMAS T. RANKIN are hereby deleted and replaced in their entirety by the following: THOMAS T. RANKIN. Mr. Rankin has the sole power to vote and to dispose of 71,516 shares of Class B Common, including 3,187 shares of Class B Common held as custodian for a minor son, and has shared power to dispose of 472,371 shares of Class B Common, which together constitute approximately 32.1% of the outstanding Class B Common. (d) The statements under the heading CLAIBORNE R. RANKIN are hereby deleted and replaced in their entirety by the following: CLAIBORNE R. RANKIN. Mr. Rankin has the sole power to vote and to dispose of 77,318 shares of Class B Common, including 650 shares of Class B Common held as custodian for a minor daughter, 2,408 shares of Class B Common held as custodian for a 15 AMENDED AND RESTATED SCHEDULE 13D - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 15 of 19 Pages - -------------------------------- ---------------------------------- daughter and 1,630 shares of Class B Common held as custodian for a minor son, and has shared power to dispose of 472,371 shares of Class B Common, which together constitute approximately 32.4% of the outstanding Class B Common. (e) The statements under the heading ROGER F. RANKIN are hereby deleted and replaced in their entirety by the following: ROGER F. RANKIN. Mr. Rankin has the sole power to vote and to dispose of 78,198 shares of Class B Common, and has shared power to dispose of 472,371 shares of Class B Common, which together constitute approximately 32.5% of the outstanding Class B Common. (f) The statements under the heading BRUCE T. RANKIN are hereby deleted and replaced in their entirety by the following: BRUCE T. RANKIN. Mr. Rankin has shared power to dispose of 472,371 shares of Class B Common, which constitutes approximately 27.9% of the outstanding Class B Common. (g) The statements under the heading VICTOIRE G. RANKIN are hereby deleted and replaced in their entirety by the following: VICTOIRE G. RANKIN. Mrs. Rankin has shared power to dispose of 472,371 shares of Class B Common, which constitutes approximately 27.9% of the outstanding Class B Common. (h) The statements under the heading MARGARET E. TAPLIN are hereby deleted and replaced in their entirety by the following: MARGARET E. TAPLIN. Mrs. Taplin has the sole power to vote and to dispose of 7,487 shares of Class B Common, which constitutes approximately 0.4% of the outstanding Class B Common. (i) The statements under the heading RANKIN MANAGEMENT, INC. are hereby deleted and replaced in their entirety by the following: RANKIN MANAGEMENT, INC. Rankin Management, Inc. has the sole power to vote 472,371 shares of Class B Common, and has shared power to dispose of the same 472,371 shares of Class B Common with the partners of CTR Family Associates, L.P., which constitutes approximately 27.9% of the outstanding Class B Common. (j) The statements under the heading NATIONAL CITY BANK are hereby deleted and replaced in their entirety by the following: NATIONAL CITY BANK. As trustee of an irrevocable trust for the benefit of Elizabeth E. Brown, National City Bank may be deemed to have shared power to vote and to 16 AMENDED AND RESTATED SCHEDULE 13D - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 16 of 19 Pages - -------------------------------- ---------------------------------- dispose of 21,000 shares of Class B Common, which constitutes 1.2% of the outstanding Class B Common. National City Bank disclaims beneficial ownership of such shares. (k) The statements in Section (c) of Item 5 of the Schedule 13D are hereby deleted and replaced in their entirety by the following: (c) There have been no transactions in Class B Common by any of the persons named in response to Item 2 hereof in the period between November 25, 1996 and the date of the filing of this Amendment No. 4, other than the following: (1) On November 26, 1996, Ms. Rankin acquired 30,000 shares of Class B Common from the Frank E. Taplin, Jr. Charitable Lead Trust in exchange for 30,000 shares of Class A Common pursuant to the November 1996 Exchange Agreement, a copy of which is attached hereto as Exhibit 16 and incorporated herein by reference in its entirety. Ms. Rankin subsequently transferred such shares of Class B Common to CTR Family Associates, L.P. as additional capital contributions, as more fully described in Item 3 hereto, which is incorporated herein by reference. (2) On December 31, 1996, Ms. Rankin acquired an aggregate of 16,000 shares of Class B Common by exchanging 1,600 shares of Class A Common for 1,600 shares of Class B Common with each of the 10 Rankin Grandchildren Trusts. Ms. Rankin subsequently transferred such shares of Class B Common to CTR Family Associates, L.P. as additional capital contributions, as more fully described in Item 3 hereto, which is incorporated herein by reference. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO ------------------------------------------------------------------------ SECURITIES OF THE ISSUER ------------------------ Item 6 of the Schedule 13D is hereby amended by inserting the following immediately after the second to last paragraph thereof: The Frank E. Taplin, Jr. Charitable Lead Trust and Clara L.T. Rankin entered into the November 1996 Exchange Agreement as of November 26, 1996, under the terms of which Ms. Rankin exchanged 30,000 shares of Class A Common to acquire 30,000 shares of Class B Common from the Frank E. Taplin, Jr. Charitable Lead Trust. A copy of the November 1996 Exchange Agreement is attached hereto as Exhibit 16 and incorporated herein by reference in its entirety. Effective as of December 30, 1996, the partners of CTR Family Associates, L.P. amended the Partnership Agreement to reflect that Clara L.T. Rankin had subscribed for additional partnership interests, that Ms. Rankin had transferred some partnership interests as gifts to existing limited partners and to permit the managing partner to amend, without the consent of other partners, Schedules A and B to the Partnership Agreement as may be necessary to reflect transfers of partnership interests and the addition of new partners. A copy of the First Amendment to the Partnership Agreement is attached hereto as Exhibit 17 and incorporated herein by reference in its entirety. 17 AMENDED AND RESTATED SCHEDULE 13D - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 17 of 19 Pages - -------------------------------- ---------------------------------- ITEM 7. MATERIAL TO BE FILED AS EXHIBITS -------------------------------- Item 7 of the Schedule 13D is hereby amended as follows: (Exhibit 15) Agreement pursuant to Rule 13d-1(f)(1)(iii), at page 19 of the manually signed and sequentially paginated copy of this Statement. (Exhibit 16) Exchange Agreement, dated as of November 26, 1996 (Exhibit 17) First Amendment to Limited Partnership Agreement of CTR Family Associates, L.P., dated as of December 30, 1996 [REMAINDER OF PAGE IS LEFT INTENTIONALLY BLANK. SIGNATURES BEGIN ON NEXT PAGE.] 18 AMENDED AND RESTATED SCHEDULE 13D - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 18 of 19 Pages - -------------------------------- ---------------------------------- 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: January 10, 1997 /s/ Alfred M. Rankin, Jr. ------------------------------------ Name: Alfred M. Rankin, Jr. /s/ Alfred M. Rankin, Jr. ------------------------------------ Name: Alfred M. Rankin, Jr. Attorney-in-Fact for Clara T. Rankin* Attorney-in-Fact for Victoire G. Rankin* Attorney-in-Fact for Helen R. Butler* Attorney-in-Fact for Clara T. Rankin* Attorney-in-Fact for Thomas T. Rankin* Attorney-in-Fact for Matthew M. Rankin* Attorney-in-Fact for Claiborne R. Rankin* Attorney-in-Fact for Chloe O. Rankin* Attorney-in-Fact for Roger F. Rankin* Attorney-in-Fact for Bruce T. Rankin* Attorney-in-Fact for Frank E. Taplin, Jr.* Attorney-in-Fact for Margaret E. Taplin* Attorney-in-Fact for Martha S. Kelly* Attorney-in-Fact for Susan S. Panella* Attorney-in-Fact for Jennifer T. Jerome* Attorney-in-Fact for Caroline T. Ruschell* Attorney-in-Fact for David F. Taplin* Attorney-in-Fact for Thomas E. Taplin* Attorney-in-Fact for Beatrice B. Taplin* Attorney-in-Fact for Thomas E. Taplin, Jr.* Attorney-in-Fact for Theodore D. Taplin* Attorney-in-Fact for Britton T. Taplin* Attorney-in-Fact for Frank E. Taplin* Attorney-in-Fact for National City Bank, as trustee* Attorney-in-Fact for CTR Family Associates, L.P.* Attorney-in-Fact for Rankin Management, Inc.* - ------------------ * The powers of attorney authorizing the above-named individual to act on behalf of each of the foregoing Reporting Persons are included in Exhibit 2 at pages 26 through 106 and pages 113 through 121 of such Exhibit, in Exhibit 13 at pages 6 through 8 of such Exhibit and in Exhibit 14 at pages 6 through 8 of such Exhibit. EX-15 2 EXHIBIT 15 1 AMENDED AND RESTATED SCHEDULE 13D - -------------------------------- ---------------------------------- CUSIP No. 629579 20 02 13D Page 19 of 19 Pages - -------------------------------- ---------------------------------- EXHIBIT 15 ---------- Pursuant to Rule 13d-1(f)(1)(iii) of Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, the undersigned agree that the statement to which this Exhibit is attached is filed on behalf of each of the undersigned. Dated: January 10, 1997 /s/ Alfred M. Rankin, Jr. ------------------------------------ Name: Alfred M. Rankin, Jr. /s/ Alfred M. Rankin, Jr. ------------------------------------ Name: Alfred M. Rankin, Jr. Attorney-in-Fact for Clara T. Rankin* Attorney-in-Fact for Victoire G. Rankin* Attorney-in-Fact for Helen R. Butler* Attorney-in-Fact for Clara T. Rankin* Attorney-in-Fact for Thomas T. Rankin* Attorney-in-Fact for Matthew M. Rankin* Attorney-in-Fact for Claiborne R. Rankin* Attorney-in-Fact for Chloe O. Rankin* Attorney-in-Fact for Roger F. Rankin* Attorney-in-Fact for Bruce T. Rankin* Attorney-in-Fact for Frank E. Taplin, Jr.* Attorney-in-Fact for Margaret E. Taplin* Attorney-in-Fact for Martha S. Kelly* Attorney-in-Fact for Susan S. Panella* Attorney-in-Fact for Jennifer T. Jerome* Attorney-in-Fact for Caroline T. Ruschell* Attorney-in-Fact for David F. Taplin* Attorney-in-Fact for Thomas E. Taplin* Attorney-in-Fact for Beatrice B. Taplin* Attorney-in-Fact for Thomas E. Taplin, Jr.* Attorney-in-Fact for Theodore D. Taplin* Attorney-in-Fact for Britton T. Taplin* Attorney-in-Fact for Frank E. Taplin* Attorney-in-Fact for National City Bank, as trustee* Attorney-in-Fact for CTR Family Associates, L.P.* Attorney-in-Fact for Rankin Management, Inc.* - ------------------ * The powers of attorney authorizing the above-named individual to act on behalf of each of the foregoing Reporting Persons are included in Exhibit 2 at pages 26 through 106 and pages 113 through 121 of such Exhibit, in Exhibit 13 at pages 6 through 8 of such Exhibit and in Exhibit 14 at pages 6 through 8 of such Exhibit. EX-16 3 EXHIBIT 16 1 Exhibit 16 EXCHANGE AGREEMENT THIS EXCHANGE AGREEMENT ("Agreement"), dated as of November 26, 1996, by and between National City Bank as Trustee for the Trust created under the Agreement dated December 15, 1976 for the benefit of the grandchildren of Frank E. Taplin (the "Taplin Trust"), and National City Bank, Trustee under the Agreement, dated July 12, 1967, as supplemented, amended and restated, with Clara T. Rankin, creating a trust for the benefit of such individual (the "Rankin Trust"). W I T N E S S E T H: WHEREAS, the Taplin Trust is the beneficial owner of 30,000 shares (the "Class B Shares") of Class B Common Stock, par value $1.00 per share ("Class B Common"), of NACCO Industries, Inc., a Delaware corporation ("NACCO"); and WHEREAS, the Rankin Trust is the beneficial owner of 30,000 shares (the "Class A Shares") of Class A Common Stock, par value $1.00 per share, of NACCO; and WHEREAS, the Class B Shares are subject to restrictions on transfer pursuant to NACCO's Certificate of Incorporation and that certain Stockholders' Agreement ("Stockholders' Agreement"), dated as of March 15, 1990, between NACCO, Key Bank as depository ("Depository") and certain holders of Class B Common; and WHEREAS, the Taplin Trust wishes to exchange the Class B Shares for the Class A Shares owned by the Rankin Trust; and WHEREAS, the Rankin Trust wishes to exchange the Class A Shares for the Class B Shares owned by the Taplin Trust; NOW, THEREFORE, in consideration of the mutual promises hereinafter set forth and other good and valuable consideration had and received, the parties hereto, upon the terms set forth herein, hereby agree as follows: 1. EXCHANGE. Upon the terms set forth herein, the Taplin Trust hereby conveys the Class B Shares to the Rankin Trust, and the Rankin Trust hereby conveys the Class A Shares to the Taplin Trust, in each case, free of any adverse claim, other than the restrictions on transfer on the Class B Shares referenced in Section 3. The Taplin Trust hereby delivers to the Rankin Trust certificates representing the Class B Shares which are duly endorsed, or accompanied by stock powers duly endorsed, by the Taplin Trust for transfer, or other evidence of transfer, together with such documentation as the Rankin Trust or the Depository may require to confirm that the transfer is permitted by Section 2.1 of the Stockholders' Agreement. The Rankin Trust hereby delivers to the Taplin Trust certificates representing the Class A Shares which are duly endorsed, or accompanied by stock powers duly endorsed, by the Rankin Trust for transfer, or other evidence of transfer, together with such documentation as the Taplin Trust may require. 2. CONSIDERATION. The value of the Class A Shares shall be deemed to be equal to the value of the Class B Shares. Accordingly, the exchange of the Class A Shares for the Class B Shares, together with the representations of the parties hereunder, shall constitute full and adequate consideration for the transactions contemplated hereby. 2 3. REPRESENTATIONS BY THE TAPLIN TRUST. The Taplin Trust represents to the Rankin Trust that (a) the Taplin Trust has good, valid and marketable title to the Class B Shares, free and clear of all adverse claims, except for the restrictions on transfer set forth in NACCO's Certificate of Incorporation and in the Stockholders' Agreement, and (b) the Taplin Trust has full power and authority to executed and deliver this Agreement and to consummate the transactions contemplated hereby. The foregoing representations shall survive indefinitely. The Taplin Trust hereby indemnifies and agrees to hold the Rankin Trust harmless from and against any and all liabilities resulting from or arising out of any breach of the foregoing representations. 4. REPRESENTATIONS BY THE RANKIN TRUST. The Rankin Trust represents to the Taplin Trust that (a) the Rankin Trust has good, valid and marketable title to the Class A Shares, free and clear of all adverse claims, and (b) the Rankin Trust has full power and authority to executed and deliver this Agreement and to consummate the transactions contemplated hereby. The foregoing representations shall survive indefinitely. The Rankin Trust hereby indemnifies and agrees to hold the Taplin Trust harmless from and against any and all liabilities resulting from or arising out of any breach of the foregoing representations. IN WITNESS WHEREOF, the Taplin Trust and the Rankin Trust have duly executed this Agreement as of the date first above written. "The Taplin Trust" NATIONAL CITY BANK, TRUSTEE FOR THE TRUST CREATED UNDER THE AGREEMENT DATED DECEMBER 15, 1976 FOR THE BENEFIT OF THE GRANDCHILDREN OF FRANK E. TAPLIN By: /s/ Leigh H. Carter --------------------------------- Leigh H. Carter Vice President Trust Administration "The Rankin Trust" NATIONAL CITY BANK, TRUSTEE UNDER THE AGREEMENT, DATED JULY 12, 1967, AS SUPPLEMENTED, AMENDED AND RESTATED WITH CLARA T. RANKIN, CREATING A TRUST FOR THE BENEFIT OF SUCH INDIVIDUAL By: /s/ Leigh H. Carter --------------------------------- Leigh H. Carter Vice President Trust Administration EX-17 4 EXHIBIT 17 1 Exhibit 17 FIRST AMENDMENT TO LIMITED PARTNERSHIP AGREEMENT THIS FIRST AMENDMENT TO THE LIMITED PARTNERSHIP AGREEMENT (this "Amendment") is made as of the 30th day of December, 1996, by and among RANKIN MANAGEMENT, INC., a Georgia corporation, as General Partner, and the Persons set forth on SCHEDULE A to the Limited Partnership Agreement of CTR Family Associates, L.P. dated as of November 14, 1996 (the "Partnership Agreement"). Recitals -------- A. The Partners desire to amend Schedule A to the Partnership Agreement to reflect that Clara L. T. Rankin ("Mrs. Rankin") has subscribed for additional Interests, paying for such additional Interests with 46,000 shares of NACCO Class B Common Stock received by Mrs. Rankin in exchanges for NACCO Class A Common Stock completed after the formation of the Partnership but contemplated prior to such formation. These transactions complete Mrs. Rankin's original plan to contribute all of her holdings of NACCO Class B Common Stock to the Partnership for common management purposes. B. The Partners desire to further amend Schedule A to the Partnership Agreement to reflect that Mrs. Rankin has transferred some Interests as gifts to existing Limited Partners. C. The Partners desire to amend the Partnership Agreement to permit the Managing Partner, acting without further consent of the Partners, to amend Schedule A and Schedule B to the Partnership Agreement as may be necessary to reflect transfers of Interests and the addition of new Partners. Agreement --------- NOW THEREFORE, the parties hereto agree as follows: 1. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Partnership Agreement. 2. Schedule A to the Partnership Agreement be and hereby is replaced in its entirety with the attached Schedule A. 3. Section 11.7 of the Partnership Agreement is amended by inserting at the end thereof the following sentence: Notwithstanding the immediately preceding sentence, the Managing Partner may, without the consent of any other party, amend Schedule A and Schedule B as necessary to reflect the addition of any new Partners, 2 any additional capital contributions by existing Partners, or any gifts or other transfers of Interests permitted under the terms of this Agreement. 4. This Amendment shall be governed by and construed in accordance with the laws of the State of Georgia. 5. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. IN WITNESS WHEREOF, the Partners have hereunto set their hands and seals as of the day and year first above written. GENERAL PARTNER: RANKIN MANAGEMENT, INC. By: /s/ Alfred M. Rankin, Jr. ----------------------------------- President Attest: /s/ Roger F. Rankin ------------------------------- Secretary (Corporate Seal) NATIONAL CITY BANK, as Trustee under the Agreement dated September 11, 1973, as supplemented, amended and restated, with Roger F. Rankin, creating a trust for the benefit of such individual Witness /s/ Nancy A. Thauvette By: /s/ Leigh H. Carter, V.P. ------------------------- ---------------------------- Witness /s/ Nancy B. Sternad and /s/ Eve A. Weishar, A.V.P. ------------------------- ---------------------------- Witness /s/ Nancy A. Thauvette ------------------------- Witness /s/ Nancy B. Sternad Address: 1900 East Ninth Street ------------------------- Cleveland, OH 44114 2 3 NATIONAL CITY BANK, as Trustee under the Agreement dated December 29, 1967, as supplemented, amended and restated, with Thomas T. Rankin, creating a trust for the benefit of such individual Witness /s/ Nancy A. Thauvette By: /s/ Leigh H. Carter, V.P. ------------------------- ---------------------------- Witness /s/ Nancy B. Sternad ------------------------- Witness /s/ Nancy A. Thauvette and /s/ Eve A. Weishar, A.V.P. ------------------------- ---------------------------- Witness /s/ Nancy B. Sternad ------------------------- THOMAS T. RANKIN, as Trustee under the Agreement dated December 29, 1967, as supplemented, amended and restated, with Thomas T. Rankin, creating a trust for the benefit of such individual Witness /s/ Thomas T. Rankin ------------------------- ---------------------------------- Witness Address: 1900 East Ninth St. ------------------------- Cleveland, OH 44114 3 4 NATIONAL CITY BANK, as Trustee under the Agreement dated July 12, 1967, as supplemented, amended and restated, with Clara T. Rankin, creating a trust for the benefit of such individual Witness /s/ Nancy A. Thauvette By: /s/ Leigh H. Carter, V.P. ------------------------- ---------------------------- Witness /s/ Nancy B. Sternad ------------------------- Witness /s/ Nancy A. Thauvette and /s/ Eve A. Weishar, A.V.P. ------------------------- ---------------------------- Witness /s/ Nancy B. Sternad ------------------------- ALFRED M. RANKIN, JR., as Trustee under the Agreement dated July 12, 1967, as supplemented, amended and restated, with Clara T. Rankin, creating a trust for the benefit of such individual Witness /s/ Suzanne S. Taylor /s/ Alfred M. Rankin, Jr. ---------------------------- ----------------------------------- Witness /s/ Charles A. Bittenbender Address: 1900 East Ninth St. ---------------------------- Cleveland, OH 44114 4 5 NATIONAL CITY BANK, as Trustee under the Agreement dated July 1, 1969, as supplemented, amended and restated, with Victoire G. Rankin creating a trust for the benefit of such individual Witness /s/ Nancy A. Thauvette By: /s/ Leigh H. Carter, V.P. ------------------------- ---------------------------- Witness /s/ Nancy B. Sternad and /s/ Eve A. Weishar, A.V.P. ------------------------- ---------------------------- Witness /s/ Nancy A. Thauvette ------------------------- Witness /s/ Nancy B. Sternad ------------------------- Address: 1900 East Ninth St. Cleveland, OH 44114 NATIONAL CITY BANK, as Trustee under the Agreement dated August 30, 1967, as supplemented, amended and restated, with Alfred M. Rankin, Jr. creating a trust for the benefit of such individual Witness /s/ Nancy A. Thauvette By: /s/ Leigh H. Carter, V.P. ------------------------- ---------------------------- Witness /s/ Nancy B. Sternad and /s/ Eve A. Weishar, A.V.P. ------------------------- ---------------------------- Witness /s/ Nancy A. Thauvette ------------------------- Witness /s/ Nancy B. Sternad ------------------------- Address: 1900 East Ninth St. Cleveland, OH 44114 5 6 NATIONAL CITY BANK, as Trustee under the Agreement dated June 22, 1971, as supplemented, amended and restated, with Claiborne R. Rankin, creating a trust for the benefit of such individual Witness /s/ Nancy A. Thauvette By: /s/ Leigh H. Carter, V.P. ------------------------- ---------------------------- Witness /s/ Nancy B. Sternad and /s/ Eve A. Weishar, A.V.P. ------------------------- ---------------------------- Witness /s/ Nancy A. Thauvette ------------------------- Witness /s/ Nancy B. Sternad ------------------------- Address: 1900 East Ninth St. Cleveland, OH 44114 NATIONAL CITY BANK, as Trustee under the Agreement dated August 12, 1974, as supplemented, amended and restated, with Bruce T. Rankin creating a trust for the benefit of such individual Witness /s/ Nancy A. Thauvette By: /s/ Leigh H. Carter, V.P. ------------------------- ---------------------------- Witness /s/ Nancy B. Sternad and /s/ Eve A. Weishar, A.V.P. ------------------------- ---------------------------- Witness /s/ Nancy A. Thauvette ------------------------- Witness /s/ Nancy B. Sternad ------------------------- Address: 1900 East Ninth St. Cleveland, OH 44114 6 7 (AS AMENDED 12/31/96) SCHEDULE A PARTNERS / CAPITAL CONTRIBUTIONS
================================================================================================================================= NAME PROPERTY CONTRIBUTED INTEREST ---- -------------------- -------- ================================================================================================================================= GENERAL PARTNER(S) ================================================================================================================================= - --------------------------------------------------------------------------------------------------------------------------------- Rankin Management, Inc. - --------------------------------------------------------------------------------------------------------------------------------- (a) Rankin Management Lot 1 2000 0.4234% - --------------------------------------------------------------------------------------------------------------------------------- (b) Rankin Management Lot 2 2000 0.4234% - --------------------------------------------------------------------------------------------------------------------------------- (c) Rankin Management Lot 3 2000 0.4234% - --------------------------------------------------------------------------------------------------------------------------------- (d) Rankin Management Lot 4 2000 0.4234% - --------------------------------------------------------------------------------------------------------------------------------- Total for Ranking Management, Inc.: 8,000 Shares 1.6936% ================================================================================================================================= LIMITED PARTNERS ================================================================================================================================= - --------------------------------------------------------------------------------------------------------------------------------- Clara L.T. Rankin - --------------------------------------------------------------------------------------------------------------------------------- (a) C.L.T. Rankin Lot 1 135,247 28.6315% - --------------------------------------------------------------------------------------------------------------------------------- (b) C.L.T. Rankin Lot 2 30,000 6.3509% - --------------------------------------------------------------------------------------------------------------------------------- (c) C.L.T. Rankin Lot 3 16,000 3.3872% - --------------------------------------------------------------------------------------------------------------------------------- Total for Clara L.T. Rankin 181,247 Shares 38.3696% - --------------------------------------------------------------------------------------------------------------------------------- Alfred M. Rankin, Jr. - --------------------------------------------------------------------------------------------------------------------------------- (a) A.M. Rankin Lot 1 800 .1694% - --------------------------------------------------------------------------------------------------------------------------------- (b) A.M. Rankin Lot 2 17,570 3.7195% - --------------------------------------------------------------------------------------------------------------------------------- (c) A.M. Rankin Lot 3 59,428 12.5808% - --------------------------------------------------------------------------------------------------------------------------------- (d) A.M. Rankin Lot 4 25,000 5.2925% - --------------------------------------------------------------------------------------------------------------------------------- Total for Alfred M. Rankin Jr.: 102,798 Shares 21.7621%
Page 1 of 2 8 SCHEDULE A (CONTINUED)
================================================================================================================================= NAME PROPERTY CONTRIBUTED INTEREST ---- -------------------- -------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Bruce T. Rankin - --------------------------------------------------------------------------------------------------------------------------------- (a) B.T. Rankin Lot 1 800 0.1694% - --------------------------------------------------------------------------------------------------------------------------------- (b) B.T. Rankin Lot 2 14,400 3.0485% - --------------------------------------------------------------------------------------------------------------------------------- (c) B.T. Rankin Lot 3 72,998 15.4535% - --------------------------------------------------------------------------------------------------------------------------------- (d) B.T. Rankin Lot 4 25,000 5.2925% - --------------------------------------------------------------------------------------------------------------------------------- Total for Bruce T. Rankin: 113,198 Shares 23.9638% - --------------------------------------------------------------------------------------------------------------------------------- Claiborne R. Rankin - --------------------------------------------------------------------------------------------------------------------------------- (a) CR Rankin Lot 1 8,000 1.6936% - --------------------------------------------------------------------------------------------------------------------------------- (b) CR Rankin Lot 2 15,000 3.1755% - --------------------------------------------------------------------------------------------------------------------------------- Total for Claiborne R. Rankin: 23,000 Shares 4.8691% - --------------------------------------------------------------------------------------------------------------------------------- Roger F. Rankin - --------------------------------------------------------------------------------------------------------------------------------- (a) RF Rankin Lot 1 8,000 1.6936% - --------------------------------------------------------------------------------------------------------------------------------- (b) RF Rankin Lot 2 25,000 5.2925% - --------------------------------------------------------------------------------------------------------------------------------- Total for Roger F. Rankin: 33,000 Shares 6.9860% - --------------------------------------------------------------------------------------------------------------------------------- Thomas T. Rankin 8,000 Shares 1.6936% - --------------------------------------------------------------------------------------------------------------------------------- Victoire G. Rankin 3,128 Shares 0.6622% - --------------------------------------------------------------------------------------------------------------------------------- TOTALS 472,371 Shares 100% =================================================================================================================================
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