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SCHEDULE 13D
(RULE 13d-101)
Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and
Amendments Thereto Filed Pursuant to Rule 13d-2(a)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
Century Realty Trust
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(Name of Issuer)
Shares of beneficial interest, no par value
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(Title of Class of Securities)
156671109
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(CUSIP Number)
Murray R. Wise
2407 South Neil Street, P.O. Box 3009
Champaign, Illinois 61826
(217) 352-6000
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
May 3, 2000 (1)
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(Date of Event which Requires Filing of this Statement)
(1)1 Mr Wise is filing this Schedule 13D in relation to his being elected
to the board of directors of the Issuer. Mr. Wise was a "passive investor" as
that term is used in Securities and Exchange Commission ("SEC") Release No.
34-39538 prior to being elected to the board of directors of the Issuer, was
invited by the board of the Issuer to be considered for election to the board of
directors, and has not changed his investment intent as a result of his election
as a director. Mr. Wise has learned through recent communications with counsel
at the SEC that the SEC has taken the position that upon election to the board
of directors of an issuer an individual is no longer able to be considered a
"passive investor," and although Mr. Wise believes he still meets the definition
of a "passive investor," he is filing this Schedule 13D promptly upon being so
advised.
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(e), 13d-1(f) or 13d-1(g), check the
following box /X/.
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule
13d-7(b) 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).
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CUSIP NO. 156671109 13D PAGE 2 OF 7 PAGES
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1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Murray R. Wise
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [ ]
N/A (b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
PF and AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
NUMBER OF
113,650
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
113,650
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
113,650
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.61%
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14 TYPE OF REPORTING PERSON (See Instructions)
IN
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SCHEDULE 13D
Item 1. Security and Issuer
This statement relates to the Shares of beneficial interest, no par
value, in Century Realty Trust (the "Issuer"). The Issuer's principal
executive offices are located at 823 Chamber of Commerce Building,
Indianapolis, Indiana 46204
Item 2. Identity and Background
This statement is being filed by Murray R. Wise ("Mr. Wise"), 2407
South Neil Street, P. O. Box 3009, Champaign, Illinois 61826. Mr.
Wise's occupation is an Agricultural Real Estate Asset Manager at
Westchester Group, Inc., 2407 South Neil Street, Champaign, Illinois.
During the last five years Mr. Wise has not: (i) been convicted in a
criminal proceeding (excluding traffic violations or similar
misdemeanors) or (ii) been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities
subject to, Federal or State securities laws or finding any violation
with respect to such laws. Mr. Wise is a citizen of the United States
of America.
Item 3. Source and Amount of Funds or Other Consideration
The $62,498.00 used to purchase Shares of the Issuer during the past
sixty days (as shown on Exhibit A attached hereto) and the funds used
or to be used in making purchases
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reported hereunder by Mr. Wise come from Mr. Wise's personal funds,
except as to purchases by affiliated entities, for which the funds used
were the direct funds of those entities. None of these funds were
borrowed or obtained from others.
Item 4. Purpose of Transaction
Mr. Wise acquired the Shares for his personal investment purposes and
in the ordinary course of his personal investment activities. Mr. Wise
will, from time to time, evaluate his investment holdings and, based on
the nature of such holdings and other market opportunities, he may
determine to purchase or sell the Shares of the Issuer or other
securities.
Item 5. Interest in Securities of the Issuer
(a) As of the date hereof, Mr. Wise beneficially owns an aggregate of
113,650 Shares of beneficial interest of the Issuer (or approximately
6.61% of the Issuer's outstanding shares, based upon 1,718,331 Shares
outstanding as set forth in the Issuer's most recent filing with the
Securities and Exchange Commission.)
(b) Mr. Wise has the sole power to vote, and dispose of, all of the
shares beneficially owned by him.
(c) Except as set forth on attached Exhibit A, which is hereby
incorporated by reference, no transactions in the Shares had been
effected during the past 60 days by Mr. Wise.
(d) Mr. Wise does not know of any other person who has the right to
receive or the power to direct the receipt of dividends from, or the
proceeds from the sale of, any Shares beneficially owned by him.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
Mr. Wise is not a party to any contracts, arrangements, understandings
or relationships with respect to securities of the Issuer.
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Item 7. Material to be Filed as Exhibits.
Exhibit A - Acquisitions of Shares by Mr. Wise during the Past Sixty
Days.
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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.
June 9, 2000
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Date
/s/ Murray R. Wise
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Signature
Murray R. Wise
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Name/Title
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EXHIBIT INDEX
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Exhibit A - Acquisitions of Shares by Mr. Wise
During the Past Sixty Days.
EXHIBIT A
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Acquisitions of Shares by Mr. Wise
During the Past Sixty Days
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Date of Number Aggregate Price Per
Entity Transaction of Shares Price Share
------ ----------- --------- ----- -----
Travinap April 4, 2000 200 $ 2,150 $10 3/4
Parternship
Pension
Travinap April 19, 200 800 $ 8,600 $10 3/4
Partnership
Pension
Mr. Wise April 19, 200 1,000 $10,630 $10 5/8
Mr. Wise April 19, 2000 1,000 $10,500 $10 1/2
Mr. Wise April 20, 2000 1,000 $10,000 $ 10
Mr. Wise April 20, 2000 1,000 $ 9,880 $ 9 7/8
Mr. Wise April 20, 2000 1,000 $ 9,750 $ 9 3/4
Mr. Wise May 4, 2000 100 $ 988 $ 9 7/8
All Shares were purchased in transactions on the NASDAQ National Market.
