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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(AMENDMENT NO. 1)
KINDER MORGAN, INC.
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(Name of Issuer)
COMMON STOCK, $5.00 PAR VALUE
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(Title of Class of Securities)
49455P
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(CUSIP Number)
MR. WILLIAM V. MORGAN
MORGAN ASSOCIATES, INC.
1301 MCKINNEY, SUITE 3400
HOUSTON, TEXAS 77010
(713) 844-9500
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(Name, Address and Telephone Number
of Person Authorized to Receive Notices
and Communications)
with a copy to:
MR. DAVID L. RONN
BRACEWELL & PATTERSON, L.L.P.
SOUTH TOWER PENNZOIL PLACE
711 LOUISIANA STREET, SUITE 2900
HOUSTON, TEXAS 77002-2781
713-221-1352
NOVEMBER 3, 1999
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report this acquisition that is the subject of this Schedule 13D, and is
filing this Schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule
13d-1(g), check the following box: [ ]
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 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the
Act.
Page 1 of 6 Pages
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CUSIP NO.: 49455P PAGE 2 OF 6 PAGES
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SCHEDULE 13D
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1 NAME OF REPORTING PERSON; S.S. OR IRS IDENTIFICATION NUMBER
Morgan Associates, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(D) OR 2(E)
[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Kansas
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7 SOLE VOTING POWER
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8 SHARED VOTING POWER
7,035,408
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9 SOLE DISPOSITIVE POWER
0
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10 SHARED DISPOSITIVE POWER
7,035,408 (1)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,035,408
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
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14 TYPE OF REPORTING PERSON
CO
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(1) 7,035,408 of the shares of the common stock, par value
$5.00 per share, of Kinder Morgan, Inc. are subject to a
Governance Agreement between Kinder Morgan, Inc. and
Morgan Associates, Inc. dated as of October 7, 1999
(incorporated here by reference to the Schedule 13D, as
defined herein), pursuant to which Morgan Associates, Inc.
is restricted in the volume and manner in which it disposes
of the stock for the term of the agreement.
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CUSIP NO.: 49455P Page 3 of 6 Pages
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SCHEDULE 13D
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1 NAME OF REPORTING PERSON; S.S. OR IRS IDENTIFICATION NUMBER
William V. Morgan
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(D) OR 2(E)
[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 Sole Voting Power
0
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8 SHARED VOTING POWER
7,035,408
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9 SOLE DISPOSITIVE POWER
0
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10 SHARED DISPOSITIVE POWER
7,035,408 (2)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,035,048
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
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14 TYPE OF REPORTING PERSON
IN
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(2) 7,035,408 of the shares of the common stock, par value $5.00
per share, of Kinder Morgan, Inc. are subject to a Governance
Agreement between Kinder Morgan, Inc. and Morgan Associates,
Inc. dated as of October 7, 1999 (incorporated here by
reference to the Schedule 13D, as defined herein), pursuant
to which Morgan Associates, Inc. is restricted in the volume
and manner in which it disposes of the stock for the term of
the agreement.
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STATEMENT ON SCHEDULE 13D
Preliminary Statement:
This Amendment No. 1 amends and supplements the Statement on
Schedule 13D filed with the Securities and Exchange Commission by Morgan
Associates, Inc. ("Morgan Associates") and Mr. William V. Morgan (together
with Morgan Associates, the "Reporting Persons") on October 7, 1999 (the
"Schedule 13D"), relating to the shares of common stock, par value $5.00
per share (the "Issuer Common Stock"), of Kinder Morgan, Inc., a Kansas
corporation ("Issuer"). The principal terms used but not defined herein
shall have the meanings ascribed thereto in the Schedule 13D.
Except as specifically provided herein, this Amendment No. 1 does
not modify any of the information previously reported on the Schedule 13D.
This Amendment No. 1 speaks as of its date and no inference should be drawn
that no change has occurred in the facts set forth herein after the date
hereof.
ITEM 1. SECURITY AND ISSUER.
No change.
ITEM 2. IDENTITY AND BACKGROUND.
No change.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
No change.
ITEM 4. PURPOSE OF THE TRANSACTION.
No change.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and supplemented by replacing the current
paragraphs (a) and (c) with the following and adding the following
paragraph (d):
(a) As set forth herein, Morgan Associates owns 7,035,408
shares of Issuer Common Stock, which represents approximately 6.3%
of the outstanding Issuer Common Stock, based upon the number of
Issuer Common Stock outstanding as of October 22, 1999, as
reported on the Issuer's Form 10-Q for the quarterly period ended
September 30, 1999.
(c) Except as set forth in this Item 5, the Reporting
Persons have not effected any transactions in shares of Issuer
Common Stock in the past 60 days.
On November 3, 1999, Morgan Associates sold on the open
market through a broker 1,000,000 shares of Issuer Common Stock
for a weighted average per share price of $19.903 per share, which
does not include a broker fee.
Page 4 of 6 Pages
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(d) To the best knowledge of the Reporting Persons, no
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, the Issuer Common Stock beneficially owned by the
Reporting Persons.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
No change.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
No change.
Page 5 of 6 Pages
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SIGNATURES
After reasonable inquiry and to the best of the undersigned's
knowledge and belief, each of the undersigned hereby certifies that the
information set forth in this statement is true, complete and correct.
Dated: November 5, 1999. Morgan Associates, Inc.
By: /S/WILLIAM V. MORGAN
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William V. Morgan
President
Dated: November 5, 1999. William V. Morgan
By: /S/WILLIAM V. MORGAN
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William V. Morgan
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