-----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, CIcEwYc/4cIQ/kJVSVViebhjccZdXgX2m4Mol9lbGgu1noufGlmJTo8OP88vYH4k xiXm2xsTbpjWyOR+pJp1Gg== 0001251109-04-000003.txt : 20040203 0001251109-04-000003.hdr.sgml : 20040203 20040203170523 ACCESSION NUMBER: 0001251109-04-000003 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040203 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ATHENA CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0001037798 IRS NUMBER: 232520198 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 621 E GERMANTOWN PIKE STE 105 CITY: PLYMOUTH VALLEY STATE: PA ZIP: 19401 MAIL ADDRESS: STREET 1: 621 E GERMANTOWN PIKE STE 105 CITY: PLYMOUTH VALLEY STATE: PA ZIP: 19401 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HORIZON FINANCIAL SERVICES CORP CENTRAL INDEX KEY: 0000920600 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 421419757 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47251 FILM NUMBER: 04563779 BUSINESS ADDRESS: STREET 1: P O BOX 8 CITY: OSKALOOSA STATE: IA ZIP: 52577-0008 BUSINESS PHONE: 5156738328 MAIL ADDRESS: STREET 1: 301 FIRST AVE EAST CITY: OSKALOOSA STATE: IA ZIP: 52577 SC 13G/A 1 horizon.txt HORIZON FINANCIAL 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 8) HORIZON FINANCIAL SERVICES CUSIP NUMBER 44041Q101 Common Stock CUSIP NO. 44041Q101 1. NAME OF REPORTING PERSON (IRS IDENTIFICATION NO. OF ABOVE PERSON) Athena Capital Management, Inc. 23-2520198 Minerva Group, LP David P. Cohen 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP N/A 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Athena Capital Management, Inc. - Delaware Minerva Group, LP - Delaware David P. Cohen - U.S. Citizen NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER: Minerva Group, LP - 2,500 6. SHARED VOTING POWER: Athena Capital Management, Inc. - 51,970 7. SOLE DISPOSITIVE POWER: Minerva Group, LP - 2,500 8. SHARED DISPOSITIVE POWER: Athena Capital Management, Inc. - 51,970 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Athena Capital Management, Inc. - 51,970 Minerva Group, LP - 2,500 David P. Cohen - 54,470 (includes amounts beneficially owned by Athena and Minerva) 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.1% 12. TYPE OF REPORTING PERSON Athena Capital Management, Inc. - IA Minerva Group, LP - PN David P. Cohen - IN Item 1(a) Name of Issuer: Horizon Financial Services Item 1(b) Address of Issuer Principal Executive Offices: 301 First Avenue East Oskaloosa, IA 52577 Item 2(a) Name of Person Filing: Athena Capital Management, Inc. Minerva Group, LP David P. Cohen Item 2(b) Address of Principal Business Office: 4 Tower Bridge #222 200 Barr Harbor Drive West Conshohocken, PA 19428 Item 2(c) Citizenship: David P. Cohen is a U.S. Citizen. The reporting entities are organized under Delaware law. Item 2(d) Title of Class of Securities: Common Stock Item 2(e) CUSIP Number: 44041Q101 Item 3 This statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c) and Athena Capital Management, Inc. is an: (e) Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4 Ownership: (a) Amount beneficially owned: Athena Capital Management, Inc. - 51,970 Minerva Group, LP - 2,500 David P. Cohen - 54,470 (includes amounts beneficially owned by Athena and Minerva) (b) Percent of Class: 7.1% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Minerva Group, LP - 2,500 (ii) shared power to vote or direct the vote: Athena Capital Management, Inc. - 51,970 (iii) sole power to dispose or direct the disposition of: Minerva Group, LP - 2,500 (iv) shared power to dispose or direct the disposition of: Athena Capital Management, Inc. - 51,970 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: N/A 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 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 that 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. ATHENA CAPITAL MANAGEMENT, INC. Date: February 4, 2004 David P. Cohen, President By ___/s/ Beth N. Lowson___ Beth N. Lowson The Nelson Law Firm, LLC 75 South Broadway, 4th Floor White Plains, NY 10601 Attorney-in-Fact MINERVA GROUP, LP Date: February 4, 2004 David P. Cohen, President By ___/s/ Beth N. Lowson___ Beth N. Lowson The Nelson Law Firm, LLC 75 South Broadway, 4th Floor White Plains, NY 10601 Attorney-in-Fact Date: February 4, 2004 David P. Cohen By ___/s/ Beth N. Lowson___ Beth N. Lowson The Nelson Law Firm, LLC 75 South Broadway, 4th Floor White Plains, NY 10601 Attorney-in-Fact POWER OF ATTORNEY The undersigned does hereby constitute and appoint Stephen J. Nelson and Beth N. Lowson, each of The Nelson Law Firm, LLC, 75 South Broadway, 4th Floor, White Plains, NY 10601, signing singly, with full power of substitution, as the true and lawful attorney of the undersigned, and authorizes and designates each of them to sign on behalf of the undersigned, and to file filings and any amendments thereto made by or on behalf of the undersigned in respect of the beneficial ownership of equity securities held by the undersigned, directly, indirectly or beneficially, pursuant to Sections 13(d), 13(g) and 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and regulations thereunder. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned's responsibilities to comply with Sections 13(d), 13(g) or 16 of the Exchange Act. This Power of Attorney shall remain in full force and effect until withdrawn by the undersigned in a signed writing delivered to the foregoing attorneys- in-fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 21st day of January 2004. /S/ David P. Cohen David P. Cohen -----END PRIVACY-ENHANCED MESSAGE-----