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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under The Securities Exchange Act of 1934
(Amendment No. )
Crystal Oil Co, (La)
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(Name Of Issuer)
Common Par .01 New
- --------------------------------------------------------------------------------
(Title of Class of Securities)
229385702
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(Cusip Number)
Check the following box if a fee is being paid with this statement (X). (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than 5% 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).
(Continued on the following page(s))
Page 1 of 5 Pages
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CUSIP NO. 229385701 13G
CRYSTAL OIL CO.
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON.
Chemical Banking Corporation -- CBC
Texas Commerce Bank -- TCB
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A)
(B)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Chemical Banking Corporation -- CBC
Texas Commerce Bank -- TCB
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NUMBER 5 SOLE VOTING POWER
OF CBC -- None
SHARES TCB -- None
BENEFICIALLY --------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH CBC -- 230,111
REPORTING TCB -- 230,111
PERSON --------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
CBC -- None
TCB -- None
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8 SHARED DISPOSITIVE POWER
CBC -- 230,111
TCB -- 230,111
- -----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
CBC -- 230,111
TCB -- 230,111
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARE
- -----------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
CBC -- 8.259%
TCB -- 8.259%
- -----------------------------------------------------------------------------------------------
12 TYPE OF PERSON REPORTING*
CBC -- HC
TCB -- BK
- -----------------------------------------------------------------------------------------------
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* SEE INSTRUCTION BEFORE FILLING OUT!
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CRYSTAL OIL CO.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G Under
The Securities Exchange Act of 1934
(Amendment No. )
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Item 1(a). NAME OF ISSUER: Crystal Oil Co., (LA)
Item 1(b). ADDRESS OF ISSUER: 229 Milan Street, P.O. Box 21101
Shreveport, La 71120
PRINCIPAL EXECUTIVE OFFICER: J.N. Averett, Jr. Pres.
Item 2(a). NAME OF PERSON FILING: This notice is filed by CHEMICAL BANKING
CORPORATION (CBC) and its wholly owned
subsidiary, Texas Commerce Bank (TC).
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: CBC: 270 Park Avenue
New York, NY 10017
TCB: P.O. Box 2558
Houston, Tx. 77252
Item 2(c). CITIZENSHIP: CBC -- Delaware
TCB -- Texas
Item 2(d). TITLE OF CLASS OF SECURITIES: Common Par $.01 New
Item 2(e). CUSIP NUMBER: 229385702
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CRYSTAL OIL CO.
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Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK
WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under Section 15 of the Act.
(b) [X] 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
Section 240.13d-1(b)(1)(ii)(F)].
(g) [X] Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G).
(h) [ ] Group, in accordance with Section 240.13d-1(ii)(H).
Item 4. OWNERSHIP:
(a) Amount Beneficially Owned: CBC -- 230,111
TC -- 230,111
(b) Percent of Class: TCC -- 8.259 %
TC -- 8.259 %
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
CBC -- None
TCB -- None
(ii) Shared power to vote or to direct the vote:
CBC -- 230,111
TCB -- 230,111
(iii) Sole power to dispose or to direct the disposition of:
None
(iv) Shared power to dispose or to direct the disposition of:
CB -- 230,111
TCB -- 230,111
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not applicable
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CRYSTAL OIL CO.
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Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
The beneficial interest reported has been acquired through fiduciary
relationships. Beneficial ownership of portions of the shares reported is shared
with unaffiliated persons, none of whose beneficial ownership in the subject
shares exceeds five percent of the issuers outstanding shares.
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH HOLDS THE SECURITY
BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Pursuant to Rule 13(d) - 1(c): This notice is filed on behalf of both CBC and
its subsidiary, TCB. In lieu of attaching an exhibit hereto, the identity of TCB
is as set forth on the cover page hereof. TCB is classified as a Bank, as such
term is defined in Section (3)(a)(6) of the Securities Exchange Act of 1934, as
amended,
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THIS GROUP:
Not applicable.
Item 9. NOTICE OF DISSOLUTION OF GROUP:
Not applicable.
Item 10. CERTIFICATION:
By signing below, I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and did not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purpose or effect.
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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.
Dated: February 10, 1995
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TEXAS COMMERCE BANK CHEMICAL BANKING CORPORATION
- --------------------------------------------- ---------------------------------------------
Allan Nemethy John B. Wynne
Trust Officer of Chemical Bank Corporate Secretary
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