-----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, FOjZFZMOjIKbSvp7mN0qqQlaPscXssw6TJg0lPil+6dNplA2Ad6VC/yr5ifG0o8y V1SHAYKv6lDLJgd947Yccw== 0001125282-02-003660.txt : 20021129 0001125282-02-003660.hdr.sgml : 20021128 20021129171158 ACCESSION NUMBER: 0001125282-02-003660 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20021129 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PORTER FELLEMAN INC CENTRAL INDEX KEY: 0001081018 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 666 FIFTH AVENUE STREET 2: 34TH FLOOR CITY: NEW YORK STATE: NY ZIP: 110103 BUSINESS PHONE: 2126891203 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMMONWEALTH BANKSHARES INC CENTRAL INDEX KEY: 0000835012 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 541460991 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-40863 FILM NUMBER: 02845146 BUSINESS ADDRESS: STREET 1: 403 BOUSH ST CITY: NORFOLK STATE: VA ZIP: 23510 BUSINESS PHONE: 8044466900 MAIL ADDRESS: STREET 2: 403 BOUSH STREET CITY: NORFOLK STATE: VA ZIP: 23510 SC 13G 1 b321637_sch13g.txt SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (Rule 13d-102) 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) (Amendment No.____________)(1) Commonwealth Bankshares, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $2.50 Par Value - -------------------------------------------------------------------------------- (Title of Class of Securities) 202736104 - -------------------------------------------------------------------------------- (CUSIP Number) November 20, 2002 - -------------------------------------------------------------------------------- (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) - ---------- (1) 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 the disclosures provided in a prior cover page. The information required in 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 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). CUSIP No. 202736104 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) A. Alex Porter* 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 99,744 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 99,744 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 99,744 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.83% 12. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 202736104 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Paul Orlin* 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 99,744 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 99,744 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 99,744 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.83% 12. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 202736104 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) The Collectors' Fund 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION New York NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 86,744 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 86,744 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 86,744 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.07% 12. TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 202736104 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Geoff Hulme* 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 99,744 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 99,744 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 99,744 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.83% 12. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 202736104 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Jon Friedman* 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 99,744 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 99,744 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 99,744 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.83% 12. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 202736104 --------------------- Item 1(a). Name of Issuer: Commonwealth Bankshares Inc. -------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 403 Boush Street Norfolk, Virginia 23510 -------------------------------------------------------------------- Item 2(a). Name of Person Filing: A. Alex Porter Paul Orlin The Collectors' Fund Geoff Hulme Jon Friedland -------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: 666 5th Avenue, 34th Floor, New York, New York 10103 666 5th Avenue, 34th Floor, New York, New York 10103 666 5th Avenue, 34th Floor, New York, New York 10103 666 5th Avenue, 34th Floor, New York, New York 10103 666 5th Avenue, 34th Floor, New York, New York 10103 -------------------------------------------------------------------- Item 2(c). Citizenship: USA USA New York USA USA -------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock, $2.50 Par Value -------------------------------------------------------------------- Item 2(e). CUSIP Number: 202736104 -------------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: A. Alex Porter: 99,744 shares Paul Orlin: 99,744 shares The Collectors' Fund: 86,744 shares ______________________________________________________________________ (b) Percent of class: A. Alex Porter: 5.83% Paul Orlin: 5.83% The Collectors' Fund: 5.07% ______________________________________________________________________ (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote A. Alex Porter: 0 Paul Orlin: 0 The Collectors' Fund: 86,744 Geoff Hulme: 0 Jon Friedland: 0 ____________________________, (ii) Shared power to vote or to direct the vote Alex Porter: 99,744 Paul Orlin: 99,744 The Collectors' Fund: 0 Geoff Hulme: 99,744 Jon Friedland: 99,744 ____________________________, (iii) Sole power to dispose or to direct the disposition of A. Alex Porter: 0 Paul Orlin: 0 The Collectors' Fund: 86,744 Geoff Hulme: 0 Jon Friedland: 0 ____________________________, (iv) Shared power to dispose or to direct the disposition of A. Alex Porter: 99,744 Paul Orlin: 99,744 The Collectors' Fund: 0 Geoff Hulme: 99,744 Jon Friedland: 99,744 ____________________________. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following [ ]. ______________________________________________________________________ Item 6. Ownership of More Than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Not Applicable ______________________________________________________________________ Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Not Applicable ______________________________________________________________________ Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the identity of each member of the group. Not Applicable ______________________________________________________________________ Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not Applicable _____________________________________________________________________ Item 10. Certifications. 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 such purpose or effect. 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. November 27, 2002 ---------------------------------------- (Date) /s/ A. Alex Porter* ---------------------------------------- (Signature) A. Alex Porter ---------------------------------------- (Name/Title) November 27, 2002 ---------------------------------------- (Date) /s/ Paul Orlin* ---------------------------------------- (Signature) Paul Orlin ---------------------------------------- (Name/Title) November 27, 2002 ---------------------------------------- (Date) The Collectors' Fund* /s/ A. Alex Porter ---------------------------------------- (Signature) As General Partner ---------------------------------------- (Name/Title) November 27, 2002 ---------------------------------------- (Date) /s/ Geoff Hulme * ---------------------------------------- (Signature) Geoff Hulme ---------------------------------------- (Name/Title) November 27, 2002 ---------------------------------------- (Date) /s/ Jon Friedland* ---------------------------------------- (Signature) Jon Friedland ---------------------------------------- (Name/Title) * The reporting persons hereby disclaim beneficial ownership over the shares reported herein except to the extent of their pecuniary interest therein. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). EX-99.1 3 b321637_ex99-1.txt JOINT FILING STATEMENT Exhibit 1 Joint Filing Statement Statement Pursuant to Rule 13d-1(k)(1) The undersigned hereby consent and agree to file a joint statement on Schedule 13G under the Securities Exchange Act of 1934, as amended, with respect to shares of common stock of Commonwealth Bankshares, Inc. beneficially owned by them, together with any or all amendments thereto, when and if appropriate. The parties hereto further consent and agree to file this Statement Pursuant to Rule 13d-1(k)(1)(iii) as an exhibit to Schedule 13G, thereby incorporating the same into such Schedule 13G. Dated: November 27, 2002 /s/ A. Alex Porter* ----------------------------------------- A. Alex Porter Dated: November 27, 2002 /s/ Paul Orlin* ----------------------------------------- Paul Orlin Dated: November 27, 2002 The Collectors' Fund* A. Alex Porter General Partner /s/ A. Alex Porter ----------------------------------------- A. Alex Porter General Partner Dated: November 27, 2002 /s/ Geoff Hulme* ----------------------------------------- Geoff Hulme Dated: November 27, 2002 /s/ Jon Friedland* ----------------------------------------- Jon Friedland -----END PRIVACY-ENHANCED MESSAGE-----