SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 1
Chief Consolidated Mining Company
---------------------------------
(Name of Issuer)
Common Stock, par value $.50 per share
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(Title of Class of Securities)
168628 10 5
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(CUSIP Number)
May 18, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
*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 following pages)
<PAGE>
CUSIP No. 168628 10 5 13G Page 2 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William E. Simon
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 308,600
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 250,000
WITH
7 SOLE DISPOSITIVE POWER
308,600
8 SHARED DISPOSITIVE POWER
250,000
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
558,600
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [X]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7%
12 TYPE OF REPORTING PERSON
IN
- --------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 168628 10 5 13G Page 3 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alham, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 250,000
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 0
WITH
7 SOLE DISPOSITIVE POWER
250,000
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
250,000
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [X]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.1%
12 TYPE OF REPORTING PERSON
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 168628 10 5 13G Page 4 of 7 Pages
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Item 1.
(a) Name of Issuer: Chief Consolidated Mining Company
(b) Address of Issuer's Principal Executive Offices:
500 Fifth Avenue South, Suite 1021
New York, NY 10110
Item 2.
(a) Name of Person Filing:
(A) William E. Simon
(B) Alham, Inc.
(b) Address of Principal Business Office or, if none, Residence:
(A) and (B) 310 South Street, Morristown, NJ 07962-1913
(c) Citizenship:
(A) United States
(B) Delaware
(d) Title of Class of Securities:
Common Stock, par value $.50 per share
(e) CUSIP Number: 168628 10 5
Item 3.
If this statement is filed pursuant to Rule 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
(15 U.S.C. 78o).
(b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) |_| Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 80a-8).
(d) |_| Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8)
(e) |_| An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in accordance with
ss.240.13d-(b(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance with
ss.240.13d-1(b)(1)(ii)(G);
(h) |_| A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance (12 U.S.C 1813);
(i) |_| A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) |_| Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
<PAGE>
CUSIP No. 168628 10 5 13G Page 5 of 7 Pages
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Item 4. Ownership.
(a) Amount Beneficially Owned:
(A) Mr. Simon beneficially owns 558,600 shares, of which 308,600
shares are owned directly by Mr. Simon and 250,000 shares
are owned by Alham, Inc. Mr. Simon has shared power to
direct the vote and disposition of all shares held by Alham,
Inc. by virtue of his ownership of 29% of the voting stock
of Alham, Inc. Mr. Simon has a pecuniary interest in an
additional 7,150 shares held in a trust of which he is an
income and principal beneficiary. Mr. Simon disclaims
beneficial ownership of these shares because he has no power
to vote or dispose these shares.
(B) Alham, Inc. beneficially owns 250,000 shares, all of which
are held directly by Alham, Inc. Alham, Inc. disclaims
beneficial ownership of shares owned directly by Mr. Simon,
but is included as a reporting person because it may be
considered a member of a group including itself and Mr.
Simon due to the fact that Mr. Simon has shared power to
direct the voting and disposition of shares owned by Alham,
Inc.
(b) Percent of Class: (A) 7%
(B) 3.1%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
(A) 308,600
(B) 250,000
(ii) shared power to vote or to direct the vote:
(A) 250,000
(B) 0
(iii) sole power to dispose or to direct the disposition of:
(A) 308,600
(B) 250,000
(iv) shared power to dispose or to direct the disposition of:
(A) 250,000
(B) 0
<PAGE>
CUSIP No. 168628 10 5 13G Page 6 of 7 Pages
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Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following |_|.
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.
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 do 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 purposes or effect.
<PAGE>
CUSIP No. 168628 10 5 13G Page 7 of 7 Pages
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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.
Date: May , 2000 William E. Simon
By: J. Peter Simon
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J. Peter Simon, Attorney-in-Fact
Alham, Inc.
By: /s/ Christine W. Jenkins
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Christine W. Jenkins, Vice President
