-----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, Ww34FaPzxQ99fuNBc8vJ0lIz2ZZfxiqBUmqhOLPvC6hKyRH87TYbDYa+wWu1SaG4 /8f/M5+xZE+iIkTSzgIJRg== 0001041885-98-000010.txt : 19980212 0001041885-98-000010.hdr.sgml : 19980212 ACCESSION NUMBER: 0001041885-98-000010 CONFORMED SUBMISSION TYPE: SC 13G CONFIRMING COPY: PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980211 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FM PROPERTIES INC CENTRAL INDEX KEY: 0000885508 STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552] IRS NUMBER: 721211572 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-42652 FILM NUMBER: 00000000 BUSINESS ADDRESS: STREET 1: 1615 POYDRAS ST CITY: NEW ORLEANS STATE: LA ZIP: 70112 BUSINESS PHONE: 5045825300 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INGALLS & SYNDER LLC CENTRAL INDEX KEY: 0001041885 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 135156620 STATE OF INCORPORATION: NY FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 61 BROADWAY CITY: NEW YORK STATE: NY ZIP: 100006 BUSINESS PHONE: 2122697812 MAIL ADDRESS: STREET 1: 61 BROADWAY CITY: NEW YORK STATE: NY ZIP: 100006 SC 13G 1 OMB APPROVAL UNITED STATES OMB Number: 3235-0145 SECURITIES AND EXCHANGE COMMISSION Expires: October 31, 1994 Washington, D.C. 20549 Estimated average burden hours per response 14.90 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5 )* (Name of Issuer) FM PROPERTIES INC COMMON (Title of Class of Securities) 302507108 (CUSIP Number) Check the following box if a fee is being paid with this statement |_|. (A fee is not required only if the filing 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). *The remainder of this cover page shall be filled out for a reporting person's initial filing of 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). NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON INGALLS & SNYDER LLC 13-5156620 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK STATE NUMBER OF 5 SOLE VOTING POWER 314,300 SHARES BENEFICIALLY 6 SHARED VOTING POWER -0- OWNED BY EACH 7 SOLE DISPOSITIVE POWER 2,830,842 REPORTING PERSON 8 SHARED DISPOSITIVE POWER -0- WITH 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,830,842 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 19.8% (Based on 14,288,270 shares outstanding as of September 30, 1997 pursuant to the Company's Form 10Q for the period ended September 30, 1997). 12 TYPE OF REPORTING PERSON * BD *SEE INSTRUCTIONS BEFORE FILLING OUT! Under the Securities Exchange Act of 1934 Item 1. SECURITY AND ISSUER (a) Title of Class of Equity Securities: Common (b) Name and Address of Issuer's FM Properties, Inc. Principal Executive Offices: 1615 Poydras St New Orleans, LA 70112 Item 2. IDENTITY AND BACKGROUND (a) Name: INGALLS & SNYDER LLC (b) Address of Principal Business Office: 61 Broadway New York, NY 10006 (c) Citizenship: New York Limited Liability Company (d) Title of Class of Securities: Common (e) Cusip Number 302507108 Item 3. If this statement is filed pursuant to rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) Broker or Dealer registered under Section 15 of the Act Item 4. Ownership (a) 2,830,842 (b) 19.8% (Based on 14,288,270 shares outstanding as of September 30, 1997 pursuant to the Company's Form 10Q for the period ended September 30, 1997). (c) (I) 314,300 (II) -0- (III 2,830,842 (IV) -0- Item 5. Ownership of Five Percent or Less of a Class Not Applicable Item 6. Ownership of More than five Percent on Behalf of Another Person Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not Applicable Item 8. Identification and Classification of Members of the Group Not Applicable Item 9. Notice of Dissolution of Group Not Applicable Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes 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. February 9, 1998 Joseph F. Antizzo, Managing Director -----END PRIVACY-ENHANCED MESSAGE-----