SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
Under the Securities Exchange Act of 1934
(Amendment No.____________)*
Rosedale Decorative Products Ltd.
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
777335 10 0
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [X].
(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.)
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* 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).
<PAGE>
CUSIP No. 777335 10 0 13G Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON(S)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S)
Rosalyn Fine
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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. CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
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NUMBER OF 5. SOLE VOTING POWER
SHARES 187,500
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 187,500
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8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
187,500
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 6.8%
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
13G Page 3 of 5 Pages
Item 1. (a) Name of Issuer:
Rosedale Decorative Products Ltd.
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(b) Address of Issuer's Principal Executive Offices:
Rosedale Decorative Products Ltd.,
731 Millway Avenue, Concord, Ontario, Canada L4K 3S8
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Item 2. (a) Name of Person Filing:
Rosalyn Fine
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(b) Address of Principal Business Office, or if None, Residence:
Rosedale Decorative Products Ltd.,
731 Millway Avenue, Concord, Ontario, Canada L4K 3S8
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(c) Citizenship:
Canada
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(d) Title of Class of Securities:
Common Stock, no par value
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(e) CUSIP Number:
777335 10 0
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
Not Applicable
<PAGE>
13-G Page 4 of 5 Pages
Item 4. Ownership.
If more than five percent of the class is owned, indicate:
(a) Amount beneficially owned: 187,500
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(b) Percent of class: 6.8%
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(c) Rosalyn Fine has the sole power to vote or to direct the
vote, and the sole power to dispose or to direct the
disposition of 187,500 of the shares identified herein. This
includes 53,250 shares of Common Stock owned by 1274152 Ontario
Inc. of which Mr. Fine is a 12.5%.
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.
1274152 Ontario, Inc. (See Schedule A)
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 purpose or
effect.
<PAGE>
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 11, 1999
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Date
/s/ Rosalyn Fine
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Signature
Rosalyn Fine
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Name/Title
* Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
<PAGE>
Schedule A
1274152 Ontario Inc.
Name Percentage Ownership
Sidney Ackerman 25.0% owner
The Ackerman Family Trust 25.0% owner
454590 Ontario Limited 25.0% owner
Alan Fine 12.5% owner
Rosalyn Fine 12.5% owner
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100.0%
