<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 16)*
Central Securities Corporation
(Name of Issuer)
Common Stock, $1.00 par value per share
(Title of Class of Securities)
155123-10-2
(CUSIP Number)
Check the following box if a fee is being paid with this statement / /. (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).
*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> 2
CUSIP No. 155123-10-2 Page 2 of 5 Pages
1) Names of Reporting Person
S.S. or I.R.S. Identification Nos. of Above Persons:
Christian A. Johnson Endeavor Foundation.
2) Check the Appropriate Box if a Member of a Group
(a) (b) Not Applicable
3) SEC Use Only
4) Citizenship or Place of Organization:
New York
<TABLE>
<S> <C> <C>
Numbers of (5) Sole Voting Power
Shares 4,963,828 (does not include 777,619 shares of
Beneficially common stock that may be acquired upon conversion
Owned by of convertible preference stock -- see Item 4)
Each
Reporting (6) Shared Voting Power
Person -0-
With
(7) Sole Dispositive Power
4,963,828 (does not include 777,619 shares of
common stock that may be acquired upon conversion
of convertible preference stock -- see Item 4)
(8) Shared Dispositive Power
-0-
</TABLE>
9) Aggregate Amount Beneficially Owned by Each Reporting Person:
4,963,828 (does not include 777,619 shares of common stock that may
be acquired upon conversion of convertible preference stock -- see
Item 4)
10) Check if the Aggregate Amount in Role (9) Excludes Certain Shares*
Not Applicable
11) Percent of Class Represented by Amount in Row 9
38.13% (does not include 777,619 shares of common stock that may be
acquired upon conversion of convertible preference stock -- see Item
4)
12) Type of Reporting Person*
CO
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
CUSIP No. 155123-10-2 Page 3 of 5 Pages
Item 1 (a) Name of Issuer:
Central Securities Corporation
Item 1 (b) Address of Issuer's Principal Executive Offices:
375 Park Avenue, New York, New York 10022
Item 2 (a) Name of Person Filing:
Christian A. Johnson Endeavor Foundation
Item 2 (b) Address of Principal Business Office or, if none, Residence:
1060 Park Avenue, New York, NY 10128
Item 2 (c) Citizenship:
New York
Item 2 (d) Title of Class of Securities:
Common Stock
Item 2 (e) CUSIP Number:
155123-10-2
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check pursuant whether the person filing is a:
(a) / / Broker or dealer registered under Section 15
of the Act,
(b) / / Bank as defined in Section 3(a)(6) of the
Act,
(c) / / Insurance Company as defined in Section
3(a)(19) of the Act,
(d) / / Investment Company registered under Section 8
of the Investment Company Act,
(e) / / Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940,
(f) / / Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see 13d-1(b)(1)(ii)(F),
(g) / / Parent Holding Company, in accordance with
Rule 13d-1(b)(1)(ii)(G); see Item 7,
(h) / / Group, in accordance with Rule
13d-1(b)(1)(ii)(H).
Item 4. Ownership as of December 31, 1995.
(a) Amount Beneficially Owned - 4,963,828.
<PAGE> 4
CUSIP No. 155123-10-2 Page 4 of 5 Pages
(b) Percent of Class - 38.13%.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote -
4,963,828.
(ii) shared power to vote or to direct the vote -
0.
(iii) sole power to dispose or to direct the
disposition of - 4,963,828.
(iv) shared power to dispose or to direct the
disposition of - 0.
The shares set forth above do not include 777,619
additional shares of common stock of Central
Securities Corporation (the "Common Stock"), which
are issuable upon conversion of 249,237 shares of
$2.00 Series D Convertible Preference Stock of
Central Securities Corporation (the "Convertible
Preference Stock") held by the undersigned and
convertible at the present conversion rate of 3.120
shares of Common Stock per share of Convertible
Preference Stock. Such shares of Common Stock
issuable upon conversion of the Convertible
Preference Stock, together with the shares of Common
Stock held by the undersigned, represent 41.62% of
the Common Stock as of December 31, 1995. The
undersigned has sole power to vote and sole power to
dispose of such 777,619 additional shares of Common
Stock issuable upon conversion of shares of
Convertible Preference Stock.
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.
Not Applicable
Item 9 Notice of Dissolution of Group.
Not Applicable
Item 10 Certification
<PAGE> 5
CUSIP No. 155123-10-2 Page 5 of 5 Pages
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.
CHRISTIAN A. JOHNSON ENDEAVOR FOUNDATION
By: /s/ Julie J. Kidd
-------------------------------
JULIE J. KIDD
President
Dated: February 12, 1996.
