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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 17)*
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).
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CUSIP No. 155123-10-2 Page 2 of 4 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
Numbers of (5) Sole Voting Power
Shares 5,064,709 (does not include 807,777 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
5,064,709 (does not include 807,777
shares of common stock that may be
acquired upon conversion of
convertible preference stock -- see
Item 4)
(8) Shared Dispositive Power
-0-
9) Aggregate Amount Beneficially Owned by Each Reporting Person:
5,064,709 (does not include 807,777 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
37.36% (does not include 807,777 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!
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CUSIP No. 155123-10-2 Page 3 of 4 Pages
Item 4. Ownership as of December 31, 1996.
(a) Amount Beneficially Owned - 5,064,709.
(b) Percent of Class - 37.36%.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote -
5,064,709.
(ii) shared power to vote or to direct the vote -
0.
(iii) sole power to dispose or to direct the
disposition of - 5,064,709.
(iv) shared power to dispose or to direct the
disposition of - 0.
The shares set forth above do not include 807,777
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 3.241
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 39.92% of
the Common Stock as of December 31, 1996. The
undersigned has sole power to vote and sole power to
dispose of such 807,777 additional shares of Common
Stock issuable upon conversion of shares of
Convertible Preference Stock.
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CUSIP No. 155123-10-2 Page 4 of 4 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: January 29, 1997.
