FORM 3 UNITED STATES SECURITIES OMB APPROVAL
AND EXCHANGE COMMISSION OMB Number: 3235-0104
Washington, D.C. 20549 Expires: September 30, 1998
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act
of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
(Print or Type Responses)
1. Name and Address of Reporting Person*
Canadian National Railway Company
- - ------------------------------------------
(Last) (First) (Middle)
935 de La Gauchetiere Street West
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(Street)
Montreal Quebec Canada H3B 2M9
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(City) (State) (Zip)
2. Date of Event Re-
quiring Statement
(Month/Day/Year)
March 13, 1998
- - --------------------------
3. IRS or Social Security
Number of Reporting
Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Illinois Central Corporation (IC)
- - ---------------------------------------------------
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
- - ---- ----
Officer (give Other (specify
- - ---- title below) ---- below)
- - -------------------------------------------------
6. If Amendment, Date of
Original (Month/Day/Year)
7. Individual or Joint/Group
Filing (Check Applicable Line)
Form filed by One Reporting Person
- - ----
X Form filed by More than One Reporting Person
- - ----
<TABLE>
Table I -- Non-Derivative Securities Beneficially Owned
<CAPTION>
1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial
(Instr. 4) Beneficially Owned Form: Direct Ownership (Instr. 5)
(Instr. 4) (D) or Indirect
(I) (Instr. 5)
- - ---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Common Stock, par value $0.001 46,051,761 I Held by The Bank of New York as
per share Trustee for Blackhawk Merger Sub, Inc.
and Canadian National Railway Company
</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, (Over)
see Instruction 5(b)(v). SEC 1473 (7-96)
<TABLE>
FORM 3 (continued) Table II Derivative Securities Beneficially
Owned (e.g., puts, calls, warrants, options, convertible
securities)
<CAPTION>
1. Title of Derivative 2. Date Exer- 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of
Security cisable and Securities Underlying sion or ship Indirect
(Instr. 4) Expiration Derivative Securities Exercise Form of Beneficial
Date (Instr. 4) Price of Deriv- Ownership
(Month/Day/Year) Deri- ative (Instr. 5)
---------------------------------------------------------- vative Security:
Date Expira- Amount Security Direct
Exer- tion Title or (D) or
cisable Date Number Indirect
of (I)
Shares (Instr. 5)
- - --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
</TABLE>
Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
By: /s/ Brigitte K. Catellier March 23, 1998
- - ------------------------------------ -----------------------
**Signature of Reporting Person Date
Page 2
SEC 1473 (7-96)
Attachment to Form 3 filed pursuant to Instruction 5(b)(v).
This Form 3 is being filed jointly by Canadian National Railway ("CN"), Grand
Trunk Corporation ("GTC") and Blackhawk Merger Sub, Inc. ("Merger Sub"). GTC is
a wholly-owned subsidiary of CN and Merger Sub is a wholly-owned subsidiary of
GTC.
The address of the principal office of each of GTC and CN is:
935 de la Gauchetiere Street West
Montreal, Quebec, Canada H3B 2M9.
BLACKHAWK MERGER SUB, INC.
By: /s/ Brigitte K. Catellier
------------------------------
Name: Brigitte K. Catellier
Title: Secretary
GRAND TRUNK CORPORATION
By: /s/ Brigitte K. Catellier
------------------------------
Name: Brigitte K. Catellier
Title: Assistant Secretary
(page 4 of 4)
