CHRISTIANA COMPANIES INC
SC 13D, 1996-03-20
OIL & GAS FIELD MACHINERY & EQUIPMENT
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                               UNITED STATES                          
                     SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549
     
                               SCHEDULE 13D
     
     
                UNDER THE SECURITIES EXCHANGE ACT OF 1934
     
     
     
                        CHRISTIANA COMPANIES, INC.
                             (Name of Issuer)
     
                  COMMON STOCK, $1.00 PAR VALUE PER SHARE
                      (Title of Class of Securities)
     
                                0001708191
                              (CUSIP Number)
     
     
                            ALBERT O. NICHOLAS
                    700 NORTH WATER STREET, SUITE 1010
                        MILWAUKEE, WISCONSIN 53202
                              (414) 272-6133
     (Name, Address and Telephone Number of Person Authorized to Receive 
     Notices and Communications)
     
                             JANUARY 3, 1995
         (Date of Event which Requires Filing of this Statement)
     
     
     
     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(b)(3) or (4), check the following box o.
     
     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 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).
     
     NOTE:   Six  copies  of this statement, including  all  exhibits,
     should be filed with the Commission.  See Rule 13d-1(a) 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 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>

                                SCHEDULE 13D


CUSIP No. 0001708191                          Page    2    of    6    Pages
- ------------------------------------------------------------------------------
1     NAME OF REPORTING PERSONS
      S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
      
      ALBERT O. NICHOLAS, ###-##-####
- ------------------------------------------------------------------------------
2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                 (a) 
                                                                        (b) x
- ------------------------------------------------------------------------------
3     SEC USE ONLY
      
- ------------------------------------------------------------------------------
4     SOURCE OF FUNDS
      
      PF
- ------------------------------------------------------------------------------
5     CHECK BOX IF DISCLOSRE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO 
      ITEMS 2(d) or 2(e) 
- ------------------------------------------------------------------------------
6     CITIZENSHIP OR PLACE OF ORGANIZATION

      UNITED STATES
- ------------------------------------------------------------------------------
                  7      SOLE VOTING POWER
  NUMBER OF              310,700
   SHARES       --------------------------------------------------------------
BENEFICIALLY      8      SHARED VOTING POWER
  OWNED BY               -0-
    EACH        --------------------------------------------------------------
 REPORTING        9      SOLE DISPOSITIVE POWER
PERSON WITH              310,700
                --------------------------------------------------------------
                 10      SHARED DISPOSITIVE POWER
                         -0-
- ------------------------------------------------------------------------------
11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      
      310,70
- ------------------------------------------------------------------------------
12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
      
- ------------------------------------------------------------------------------
13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
      
      5.98%
- ------------------------------------------------------------------------------
14    TYPE OF REPORTING PERSON
      
      IN
- ------------------------------------------------------------------------------
                                      -2-
<PAGE>

ITEM 1.  SECURITY AND ISSUER

      The  title of the class of equity securities to which  this
statement relates is Common Stock, $1.00 par value per share,  of
Christiana Companies, Inc.  The name and address of the principal
executive  offices of the issuer of such securities is Christiana
Companies, Inc. (the "Company"), 777 East Wisconsin Avenue, Suite
3380, Milwaukee, Wisconsin 53202.


ITEM 2.  IDENTITY AND BACKGROUND

      The  following  information is provided for each  reporting
person:

          (a)  Name:   Albert O. Nicholas
          
          (b)  Business Address:   700 North Water Street, Suite 1010
                                   Milwaukee, Wisconsin 53202

          (c)  Principal  Occupation  and  Name,  Business  and
               Address  Where Such Employment is Conducted:  President
               and  director  of Nicholas Company, Inc., a  registered
               investment  adviser; President, Director and  Portfolio
               Manager  of Nicholas Fund, Inc., Nicholas Income  Fund,
               Inc.,  Nicholas  Money Market Fund, Inc.  and  Nicholas
               Equity   Income   Fund,  Inc.,  registered   investment
               companies; President and Director of Nicholas II,  Inc.
               and   Nicholas   Limited  Edition,   Inc.,   registered
               investment companies.

          (d)  Criminal Proceedings:  none.

          (e)  Civil Proceedings:  none.

          (f)  Citizenship:   Albert O.  Nicholas  is  a  United States 
               Citizen.


ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

      Albert O. Nicholas purchased the shares of Common Stock for
cash,  with  personal funds.  A description of  the  most  recent
transactions are as follows:

<TABLE>
<CAPTION>

 TRADE DATE OF THE             TYPE OF                  NUMBER OF           PER SHARE
    TRANSACTION              TRANSACTION             SHARES PURCHASED    PURCHASE PRICE
  <C>                <C>                                 <C>                 <C>
  January 3, 1995    Privately-negotiated purchase       50,000              $28.00

</TABLE>                                      
                                      -3-

<PAGE>

ITEM 4.  PURPOSE OF TRANSACTION

      The  shares of Common Stock reported hereby were  purchased
for  investment  purposes only.  Shares of Common  Stock  may  be
acquired  or  disposed  of for investment purposes  in  brokerage
transactions or privately negotiated transactions.  Mr.  Nicholas
has  no  present  plans  with respect to any  specific  level  of
purchases  or  dispositions of shares of Common  Stock,  but  may
effect   additional   purchases   or   dispositions   based    on
considerations  such  as  market  factors,  evaluations  of   the
investment  prospects of the shares of Common Stock and  personal
investment objectives.  Mr. Nicholas has been a director  of  the
Company since January of 1990.

      Mr.  Nicholas  does not have any other plans  or  proposals
which relate to or would result in:

          (a)   The  acquisition  by  any  person  of  additional
                securities  of  the  Company,  or  the  disposition  of
                securities of the Company;

          (b)   An extraordinary corporate transaction, such as  a
                merger,  reorganization or liquidation,  involving  the
                Company or any of its subsidiaries;

          (c)   A sale or transfer of a material amount of assets
                of the Company or any of its subsidiaries;

          (d)   Any  change in the present board of directors  or
                management  of  the  Company, including  any  plans  or
                proposals to change the number or term of directors  or
                to fill any existing vacancies on the board;

          (e)   Any material change in the present capitalization
                or dividend policy of the Company;

          (f)   Any  other  material  change  in  the  Company's
                business or corporate structure;

          (g)   Change  in  the  Company's  charter,  bylaws   or
                instruments  corresponding  thereto  or  other  actions
                which  may  impede the acquisition of  control  of  the
                Company by any person;

          (h)   Causing a class of securities of the Company to be
                delisted from a national securities exchange;

          (i)   A  class  of  equity securities  of  the  Company
                becoming   eligible  for  termination  of  registration
                pursuant to Section 12(g)(4) of the Act; or

          (j)   Any  action  similar to any of  those  enumerated above.


ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

          (a)  Number and Percent Owned.

                     Albert O. Nicholas beneficially owns 310,700
               shares of Common Stock, representing 5.98% of the total
               number of shares of Common Stock issued and outstanding
               (based  on 5,195,630 shares of Common Stock issued  and
               outstanding  as of September 15, 1995, as  reported  in
               the  Company's Form 10-K for the fiscal year ended June
               30, 1995).

          (b)  Voting and Dispositive Power.

                    All shares of Common Stock beneficially owned
               by  Albert  O. Nicholas are owned with sole voting  and
               dispositive power.

          (c)  Transactions Within the Past 60 Days.

                      Reference   is  made  to  the   information
               contained in the response to Item 3 hereof.

                                      -4-
<PAGE>


          (d)  Right to Direct Dividends or Proceeds From Sale.

                    Not applicable, other than as such rights may
               exist under the Wisconsin Uniform Marital Property Act.

          (e)  Date Reporting Person Ceased to be a 5% Owner.

                    Not applicable.


ITEM 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
         WITH RESPECT TO SECURITIES OF THE ISSUER

         None.


ITEM 7.  MATERIAL TO BE FILED AS EXHIBITS

         None.

                                      -5-
<PAGE>


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                                          Signature



                                                     Albert O. Nicholas
                                                          Name/Title



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