CASCADE CORP
SC 13D/A, 2000-09-22
INDUSTRIAL TRUCKS, TRACTORS, TRAILORS & STACKERS
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<PAGE>
                                 SCHEDULE 13D

                 Under the Securities Exchange Act of 1934
                            (Amendment No.   2      )*
                                          ---------

                               CASCADE CORPORATION
           --------------------------------------------------------
                                (Name of Issuer)

                           COMMON STOCK, PAR VALUE $0.50
           --------------------------------------------------------
                          (Title of Class of Securities)

                                   147195-10-1
           --------------------------------------------------------
                                 (CUSIP Number)

                               WILLIAM J. HARRISON
                             27 FOX RUN DRIVE, RR #3
                                 GUELPH, ONTARIO
                                     N1H 6N9
                            TELEPHONE: (519) 823-4545
           --------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                                 September 13, 2000
           --------------------------------------------------------
            (Date of Event which Requires Filing of this Statement)

   If the  filing  person has  previously filed a  statement on Schedule 13G to
report the  acquisition  which  is the  subject  of this  Schedule 13D,  and is
filing this  schedule  because of Rule 13d-1(b)(3) or (4),  check the following
box / /.

         Check the following box if a fee is being paid with the statement [ ].
(A fee is not required only if the reporting 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.)

   NOTE:  Six copies of this statement, including all exhibits, should be filed
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are to
be sent.

   *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 disclosures provided in a prior cover page.

   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  (however, see
the Notes).


                        (Continued on following page(s))

                              Page 1 of  6  Pages
                                        ---


<PAGE>

CUSIP No. 147195-10-1                13D                 Page   2 of   6  Pages
          ---------                                            ---    ---


-------------------------------------------------------------------------------
 (1) Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
     Persons

 William J. Harrison Holdings Ltd.
-------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  /x/
-------------------------------------------------------------------------------
 (3) SEC Use Only

-------------------------------------------------------------------------------
 (4) Source of Funds*
   N/A
-------------------------------------------------------------------------------
 (5) Check if Disclosure of Legal Proceedings is Required Pursuant to
     Items 2(d) or 2(e)
   N/A
-------------------------------------------------------------------------------
 (6) Citizenship or Place of Organization
    Ontario, Canada
-------------------------------------------------------------------------------
Number of Shares              (7) Sole Voting Power
 Beneficially Owned                        5,000
 by Each Reporting           --------------------------------------------------
 Person With                  (8) Shared Voting Power
                                           800,000
                             --------------------------------------------------
                              (9) Sole Dispositive Power
                                           5,000
                             --------------------------------------------------
                             (10) Shared Dispositive Power
                                           800,000
-------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person

     810,000 (includes 800,000 shares of Cascade Corporation Common
     Stock for which preferred shares of a Cascade Corporation
     subsidiary held by W.J. Harrison Holdings Ltd. may be
     exchanged. W.J. Harrison owns 100% of the outstanding shares
     of W.J. Harrison Holdings Ltd.)

-------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* / /
  N/A
-------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
 Approximately 6.58%*
-------------------------------------------------------------------------------
(14) Type of Reporting Person*
  CO
-------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>

CUSIP No. 147195-10-1                13D                 Page   3 of   6  Pages
          ---------                                            ---    ---


-------------------------------------------------------------------------------
 (1) Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
     Persons

 William J. Harrison
-------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group**                              (b)  /x/
-------------------------------------------------------------------------------
 (3) SEC Use Only

-------------------------------------------------------------------------------
 (4) Source of Funds*
   N/A
-------------------------------------------------------------------------------
 (5) Check if Disclosure of Legal Proceedings is Required Pursuant to
     Items 2(d) or 2(e)
   N/A
-------------------------------------------------------------------------------
 (6) Citizenship or Place of Organization
    Ontario, Canada
-------------------------------------------------------------------------------
Number of Shares              (7) Sole Voting Power
 Beneficially Owned                        5,000
 by Each Reporting           --------------------------------------------------
 Person With                  (8) Shared Voting Power
                                           810,000
                             --------------------------------------------------
                              (9) Sole Dispositive Power
                                           5,000
                             --------------------------------------------------
                             (10) Shared Dispositive Power
                                           810,000
-------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person

  810,000 (includes 800,000 shares of Cascade Corporation Common
  Stock for which preferred shares of a Cascade Corporation
  subsidiary held by W.J. Harrison Holdings Ltd. may be
  exchanged. W.J. Harrison owns 100% of the outstanding shares
  of W.J. Harrison Holdings Ltd.)

-------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* / /
  N/A
-------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
 Approximately 6.58%*
-------------------------------------------------------------------------------
(14) Type of Reporting Person*
  IN
-------------------------------------------------------------------------------
                    **SEE INSTRUCTION BEFORE FILLING OUT!



 * Based on 12,317,025 shares of Common Stock outstanding. As
 reported in the Issuer's most recent Form 10-Q, 11,439,890
 shares of Common Stock and one special voting share were
 outstanding. The share totals and percentage calculations
 herein assume the conversion of 800,000 outstanding
 exchangeable shares issued by an Issuer subsidiary into a like
 number of shares of Common Stock. Such calculations also
 include options to purchase 77,135 shares of Common Stock held
 by management that are currently exercisable or exercisable
 within 60 days of the date hereof.

<PAGE>
                                     13D                 Page   4 of   6  Pages

                  NOTE: This Amendment No. 2 amends Amendment No. 1 dated
                  February 5, 1999 (the "Amendment No.1") filed by W.J. Harrison
                  Holdings Ltd. and William J. Harrison, with respect to the
                  common stock, par value $.50 (the "Common Stock"), of Cascade
                  Corporation, an Oregon corporation (the "Issuer"), as set
                  forth below.

                  The Issuer has previously announced that a special committee
                  of the board of directors of the Issuer (the "Special
                  Committee") had been formed to explore alternatives for
                  enhancing shareholder value. On September 13, 2000, in
                  response to a request from the financial advisors to the
                  Special Committee, Lift Technologies Inc., a corporation
                  indirectly controlled by William J. Harrison, submitted a
                  proposal to the Special Committee pursuant to which
                  shareholders of the Issuer would receive cash for their
                  outstanding shares of the Common Stock (as well as options,
                  warrants or other rights to acquire Common Stock).

                  The information contained in Items 2, 3 and 4 of Amendment No.
                  1 is hereby supplemented and amended by the following:
<PAGE>

                                     13D                 Page   5 of   6  Pages

                  Item 2. IDENTITY AND BACKGROUND, is hereby amended and
                  restated in its entirety as follows:

                  This amended schedule is being filed by the undersigned
                  because, as described in Item 4 below, on September 13, 2000,
                  Lift Technologies Inc. ("Lift Technologies"), a company
                  indirectly controlled by William J. Harrison, submitted a
                  proposal (the "Proposal") to the Special Committee under which
                  shareholders of the Issuer would receive cash for their
                  outstanding shares of the Common Stock (as well as options,
                  warrants or other rights to acquire Common Stock).

                  Lift Technologies Inc. is a corporation incorporated under the
                  laws of Ontario, Canada, the principal business of which is
                  the manufacture of masts for fork lift trucks. The principal
                  business and office address of Lift Technologies Inc. is 251
                  Woodlawn Rd. W., Unit 217, Guelph, Ontario. Companies
                  controlled William J. Harrison own approximately 50.4% of the
                  outstanding stock of Lift Technologies and has the power and
                  authority to elect a majority of the board of directors of
                  Lift Technologies. William J. Harrison is a director of Lift
                  Technologies and is the President and Chief Executive Officer
                  of Lift Technologies.

                  Item 3. SOURCE OF FUNDS. If the Proposal proceeds, Lift
                  Technologies intends to arrange the funds necessary to give
                  effect thereto through a combination of senior and
                  subordinated debt and by raising additional equity from its
                  shareholders and other institutional shareholders. The
                  shareholders of Lift Technologies have indicated that they are
                  willing to provide approximately $64 million of the equity
                  required to implement the Proposal. An institutional investor
                  has indicated that it is willing to provide $50 million of the
                  equity required to implement the Proposal.

                  Item 4. PURPOSE OF THE TRANSACTION. Lift Technologies has
                  proposed a transaction pursuant to which the stockholders of
                  the Issuer would receive cash for their outstanding Common
                  Stock (as well as options, warrants or other rights to acquire
                  Common Stock). In connection with such transaction, the Issuer
                  would become wholly-owned by Lift Technologies or its
                  affiliates, delisted from the New York Stock Exchange and
                  deregistered under the Act. Other than as described above,
                  neither of the undersigned has any plans or proposals which
                  relate to or would result in any of the matters described in
                  subparagraphs (a) through (j) of Item 4 of Schedule 13D
                  (although they reserve the right to develop such plans).



<PAGE>

                                     13D                 Page   6 of   6  Pages

                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Amendment No. 2 is true, complete
and correct.

                      Dated:        September 19, 2000

                                             /s/ WILLIAM J. HARRISON
                                             -----------------------
                                             William J. Harrison


                                             W.J. HARRISON HOLDINGS LTD.


                                             By: /s/ WILLIAM J. HARRISON
                                                 -----------------------
                                                 William J. Harrison
                                                 President



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