-----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, IkSZLR/gqXfucVmKH0WLi2ck3THugzu7Oxy0mR9Oy1ndY8x71otha8yqEkkE2zGv yqPzefI3QNpiq7RQufyL6g== 0000896058-97-000015.txt : 19970123 0000896058-97-000015.hdr.sgml : 19970123 ACCESSION NUMBER: 0000896058-97-000015 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970122 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HITOX CORPORATION OF AMERICA CENTRAL INDEX KEY: 0000842295 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 742081929 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40170 FILM NUMBER: 97509146 BUSINESS ADDRESS: STREET 1: P.O. BOX 2544 STREET 2: 418 PEOPLES STREET CITY: CORPUS CHRISTI STATE: TX ZIP: 78401 BUSINESS PHONE: 5128825175 MAIL ADDRESS: STREET 1: P.O. BOX 2544 CITY: CORPUS CHRISTI STATE: TX ZIP: 78403 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CLARK ESTATES INC CENTRAL INDEX KEY: 0000927907 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 30 WALL STREET 9TH FLOOR CITY: NYW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 2122691833 MAIL ADDRESS: STREET 1: 30 WALL STREET 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 SC 13G/A 1 SCHEDULE 13 G AMENDMENT NO. 3 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3) HITOX CORPORATION OF AMERICA (Name of Issuer) Common Stock, Par Value $.25 Per Share (Title of Class of Securities) 433658 101 (CUSIP Number) 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 ("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). CUSIP No. 433658 101 - -------------------------------------------------------------------------------- 1) Name of Reporting Persons S.S. or I.R.S. Identification No. of Above Persons The Clark Estates, Inc. 13-5524538 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- (5) Sole Voting Power Number of -0- ---------------------------------------------------------- Shares (6) Shared Voting Power Beneficially 1,159,780 ---------------------------------------------------------- Owned by (7) Sole Dispositive Power Each -0- ---------------------------------------------------------- Reporting (8) Shared Dispositive Power Person With 1,159,780 - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,159,780 - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row 9) Excludes Certain Shares (See Instructions) |_| - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9) 24.9% - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- Item 1(a). Name of Issuer Hitox Corporation of America ("Issuer") Item 1(b). Address of Issuer's Principal Executive Offices Furman Plaza Building 418 Peoples Street Corpus Christi, Texas 78401 Item 2(a). Name of Person Filing The Clark Estates, Inc. ("Reporting Person") Item 2(b). Address of Principal Business Office or, if None, Residence 30 Wall Street New York, New York 10005 Item 2(c). Citizenship New York Item 2(d). Title of Class of Securities Common Stock, par value $.25 per share Item 2(e). CUSIP Number 433658 101 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a N/A Item 4. Ownership (a) Amount beneficially owned: 1,159,780 (the "Shares")* * This amount reflects the acquisition of 15,000 shares of Issuer common stock on January 25, 1991, the sale of 34,000 shares of Issuer common stock on September 23, 1991 and the sale of 34,000 shares of Issuer common stock on January 22, 1992 by accounts for which the Reporting Person provides management and administrative services, the conversion of Issuer 10% Convertible Subordinated Redeemable Debentures held by several of such accounts into 200,000 shares of Issuer common stock at $3.50 per share on December 17, 1991, and the sale of 200,000 shares of Issuer common stock, by several of such accounts to Syarikat Megawati, Sdn. Bhd., a Malaysian corporation, pursuant to the Stock Purchase Agreement, dated May 6, 1996. (b) Percent of class: 24.9%** ** This percentage reflects the issuance of 1,000,000 new shares of Issuer common stock pursuant to the Stock Purchase Agreement, dated May 6, 1996, by and among Issuer and Syarikat Megawati, Sdn. Bhd., a Malaysian corporation, at $4.00 per share. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote -0- (ii) shared power to vote or to direct the vote 1,159,780 (iii) sole power to dispose or to direct the disposition of -0- (iv) shared power to dispose or to direct the disposition of 1,159,780 Item 5. Ownership of Five Percent or Less of a Class N/A Item 6. Ownership of More than Five Percent on Behalf of Another Person Four persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from, the sale of the Shares. Three of such persons have interests exceeding five percent. Those persons are: Estate of Stephen C. Clark, Jr. Anne L. Peretz Jane Forbes Clark, II Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company N/A Item 8. Identification and Classification of Members of the Group N/A Item 9. Notice of Dissolution of Group N/A Item 10. Certification N/A 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. January 22, 1997 - --------------------------------- Date /s/ Kevin S. Moore - --------------------------------- Signature Kevin S. Moore Vice President and Chief Financial Officer The Clark Estates, Inc. - --------------------------------- Name/Title -----END PRIVACY-ENHANCED MESSAGE-----