SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Coltec Industries Inc
(Name of Issuer)
Common Stock, par value $.01
(Title of Class of Securities)
196879100
(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).
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 2 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | Colt Equity Investors, L.P. |
| | 13-3504806 |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Delaware |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | -0- |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | -0- |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | -0- |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 0 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | PN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 3 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | Morgan Stanley Equity Investors Inc. |
| | 13-3504812 |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |_| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Delaware |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | -0- |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | -0- |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | -0- |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 0 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | C0 |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 4 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | The Morgan Stanley Leveraged Equity Fund II, L.P. |
| | 06-6312775 |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Delaware |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | -0- |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | -0- |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | -0- |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 0 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | PN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 5 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | Morgan Stanley Leveraged Equity Fund II, Inc. |
| | 06-1214256 |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |_| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Delaware |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | -0- |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | -0- |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | -0- |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 0 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | CO |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 6 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | Morgan Stanley Group Inc. |
| | 13-2838811 |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Delaware |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 0 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 0 |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 31,600 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 0 |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 31,600 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | less than 1 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | CO |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 7 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | First Plaza Group Trust |
| | |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | New York |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | -0- |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 2,642,514 |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | -0- |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 2,642,514 |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 2,642,514 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 3.8 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | EP |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 8 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | General Motors Investment Management Corporation |
| | |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |_| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Delaware |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | -0- |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | 2,642,514 |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | -0- |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | 2,642,514 |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 2,642,514 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 3.8 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IA, CO |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 9 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | AT&T Master Pension Trust |
| | 13-3187026 |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Governed under the laws of New York |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 2,712,900 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 2,712,900 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 2,712,900 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 3.9 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | EP |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 10 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | David I. Margolis |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | United States |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 1,133,465 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 1,133,465 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 1,133,465 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |X| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 1.6 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 11 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | Salvatore J. Cozzolino |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | United States |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 239,316 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 239,316 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 239,316 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | <1 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 12 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | Andrew C. Hilton |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | United States |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 141,016 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 141,016 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 141,016 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | <1 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 13 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | Cecelia diBuono |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | United States |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 50,000 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 50,000 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 50,000 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | <1 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 14 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | James J. McHugh |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | United States |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 64,572 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 64,572 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 64,572 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | <1 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 15 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | John M. Cybulski |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Canada |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 88,256 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 88,256 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 88,256 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | <1 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 16 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | John W. Guffey, Jr. |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | United States |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 159,647 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 159,647 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 159,647 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |X| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | <1 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 17 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | Peter H. Wieschenberg |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | United States |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 38,716 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 38,716 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 38,716 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | <1 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
______________________________ ________________________________
| | | |
|CUSIP No. 196879100 | 13G | Page 18 of 28 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | |
| | Paul G. Schoen |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | United States |
|____|____________________________________________________________________|
| | 5 | SOLE VOTING POWER |
| | | 63,279 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- |
| OWNED BY |____|_______________________________________________|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 63,279 |
| PERSON |____|_______________________________________________|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | -0- |
|____________________|____|_______________________________________________|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 63,279 |
|____|____________________________________________________________________|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ |
| | CERTAIN SHARES* |X| |
|____|____________________________________________________________________|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | <1 |
|____|____________________________________________________________________|
| 12 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1(a). Name of Issuer.
Coltec Industries Inc (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices.
430 Park Avenue
New York, NY 10022
Item 2(a). Name of Person Filing.
This statement is filed on behalf of the persons identified in
Item 4 below. In accordance with Rule 13d-1(f)(1) under the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), each person filing this
statement acknowledges that it is responsible for the completeness and
accuracy of the information concerning that person but is not responsible for
the completeness or accuracy of the information concerning the other persons
making the filing, unless such person knows or has reason to believe that such
information is inaccurate.
Item 2(b). Address of Principal Business Office or, if
None, Residence.
The business address of each of Colt Equity Investors, L.P.
("CEI"), Morgan Stanley Equity Investors Inc., The Morgan Stanley Leveraged
Equity Fund II, L.P. ("MSLEF II"), Morgan Stanley Leveraged Equity Fund II,
Inc. and Morgan Stanley Group Inc. is 1251 Avenue of the Americas, New York,
New York 10020.
The business address of David I. Margolis, James J. McHugh,
John M. Cybulski, John W. Guffey, Jr., Peter H. Wieschenberg and Paul G.
Schoen is c/o Coltec Industries Inc, 430 Park Avenue, New York, NY 10022.
The business address of Salvatore J. Cozzolino is P.O. Box 86,
Center Ossipee, New Hampshire 03814.
The business address of Andrew C. Hilton is c/o Hilton
Management Enterprises, 147 East 48th Street, New York, New York 10017.
The business address of Cecelia diBuono is 5155 W. Tropicana
Apartments, No. 1009, Las Vegas, Nevada 89103.
The business address of First Plaza Group Trust is c/o Mellon
Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania 15258.
The business address of General Motors Investment Management
Corporation is 767 Fifth Avenue, New York, New York 10153.
The business address of AT&T Master Pension Trust is c/o State
Street Bank & Trust Company, Master Trust Division - W6, One Enterprise Drive,
North Quincy, Massachusetts 02171.
Item 2(c). Citizenship.
Each of the persons filing this statement is a United States
citizen, a corporation or limited partnership organized under the laws of a
state of the United States or a trust created or governed under the laws of a
state of the United States, except for John M. Cybulski, who is a permanent
resident alien.
Item 2(d). Title of Class of Securities.
This statement relates to the Company's Common Stock, $.01 par
value per share.
Item 2(e). CUSIP Number.
196879100
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,
_
(b) |_| 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) |_| Parent Holding Company, in accordance with
Section 240.13d-1(b)(1)(ii)(G) (Note: See Item 7),
_
(h) |_| Group, in accordance with Section 240.13d-
1(b)(1)(ii)(H).
Not applicable.
Item 4. Ownership.
(a), (b) and (c)
Pursuant to a Reorganization Agreement dated as of October 13,
1993 among the Company, Coltec Holdings Inc. ("Holdings"), and the
institutional and individual shareholders of Holdings named therein
(collectively, the "Shareholders"), all of the Shareholders exchanged all of
their shares of Holdings common stock for a total of 24,830,000 shares of the
Company's Common Stock owned by Holdings. Each Shareholder thus received its
pro rata share of the Company's Common Stock, which it formerly owned
indirectly through Holdings. Concurrently with the exchange described above,
certain Shareholders entered into a certain stockholders Agreement (the
"Stockholders Agreement").
On June 6, 1994, MSLEF II made a distribution-in-kind to its
partners (the "Distribution") of all of the shares deemed beneficially owned
by MSLEF II. Accordingly, after giving effect to the MSLEF II Distribution
and as of December 31, 1994, MSLEF II beneficially owned no shares of Common
Stock. Similarly, on June 6, 1994, CEI made a distribution-in-kind to its
partners (the "CEI Distribution" and, collectively with the MSLEF II
Distribution, the "Distributions") of all of the shares deemed beneficially
owned by CEI. Accordingly, after giving effect to the CEI Distribution and as
of December 31, 1994, CEI beneficially owned no shares of Common Stock. In
addition, the Stockholders Agreement terminated upon consummation of the
Distributions and the group formed thereby terminated. See Item 9.
The filing of this statement should not be construed as an
admission by any person that such person is, for purposes of Section 13(d) or
13(g) of the Exchange Act, the beneficial owner of any securities covered by
this statement, other than the securities set forth opposite such person's
name in the table below. The table below indicates the beneficial ownership
of Common Stock as of December 31, 1994 of the persons filing this statement:
Beneficial
Ownership at % at
12/31/94 (1) 12/31/94 (2)
Colt Equity 0 0
Investors,
L.P. (3)
Morgan Stanley 0
Equity 0
Investors
Inc. (3)
The Morgan
Stanley 0 0
Leveraged
Equity Fund II,
L.P. (4)
Morgan Stanley
Leveraged 0 0
Equity Fund II,
Inc. (4)
Morgan Stanley 31,600 * (8)
Group Inc. (5)
David I. 1,133,465 1.6
Margolis (6)(7)
Salvatore J. 239,316 *
Cozzolino (6)
Andrew C. 141,016 *
Hilton (6)
Cecelia 50,000 *
diBuono (9)
James J. 64,572 *
McHugh (6)
John M. 88,256 *
Cybulski (6)
John W. Guffey, 159,647 *
Jr. (6)(7)
Peter H. 38,716 *
Wieschenberg (6)
Paul G. 63,279 *
Schoen (6)(7)
First Plaza Group 2,642,514 3.8
Trust (10)
AT&T Master 2,712,900 3.9
Pension
Trust (11)
(1) Each person has sole voting and dispositive power with respect to
the shares shown as beneficially owned, except as indicated below.
(2) Based on the 69,917,522 shares of Common Stock outstanding as of
December 31, 1994.
(3) The sole general partner of CEI is Morgan Stanley Equity
Investors, Inc., a wholly-owned subsidiary of Morgan Stanley Group Inc.
Morgan Stanley Equity Investors, Inc. may be deemed to have voting and
dispositive power with respect to shares distributed to it by CEI pursuant to
the CEI Distribution. Morgan Stanley Equity Investors, Inc. disposed of all
such shares during 1994.
(4) The sole general partner of MSLEF II is Morgan Stanley Leveraged
Equity Fund II, Inc., a wholly-owned subsidiary of Morgan Stanley Group Inc.
Morgan Stanley Leveraged Equity Fund II, Inc. may be deemed to have shared
voting and dispositive power with respect to shares distributed to it by MSLEF
II pursuant to the MSLEF II Distribution. Morgan Stanley Leveraged Equity
Fund II, Inc. disposed of all such shares during 1994.
(5) Morgan Stanley Group Inc. may be deemed to have shared voting
and dispositive power with respect to any shares held by CEI and MSLEF II.
See footnotes 3 and 4 above. The amount reported reflects shares held for
clients over which it exercises investment discretion.
(6) Includes shares beneficially owned by such person pursuant to
various employee compensation arrangements established by the Company,
including the Coltec Industries Inc Retirement Savings Plan for Salaried
Employees (the "Savings Plan"). All such persons in the aggregate
beneficially own 908,075 shares of Common Stock pursuant to these
arrangements. These shares are not subject to the Stockholders Agreement.
(7) A trustee of the Savings Plan, which held 2,559,928 shares of the
Company's Common Stock as of December 31, 1994. Each trustee of the Savings
Plan may be deemed to beneficially own the Common Stock in the Savings Plan.
Each such trustee disclaims beneficial ownership of the Common Stock held by
the Savings Plan.
(8) * = less than 1%
(9) Includes 340 shares of the Company's Common Stock which are not
subject to the Stockholders Agreement.
(10) Mellon Bank, N.A., acts as the trustee (the "Trustee") for First
Plaza Group Trust, a trust under and for the benefit of certain employee
benefit plans of General Motors Corporation and its subsidiaries. The
2,642,514 shares of Common Stock held by the Trustee may be deemed to be
beneficially owned by General Motors Investment Management Corporation
("GMIMCo"), a wholly-owned subsidiary of General Motors Corporation. GMIMCo
is serving as First Plaza Group Trust's investment manager with respect to the
2,642,514 shares of Common Stock held by the Trustee and in that capacity has
sole power to direct the Trustee as to voting and disposition of such shares.
Because of the Trustee's limited role, beneficial ownership by the Trustee is
disclaimed.
(11) Leeway & Co. is the party to the Stockholders Agreement as
nominee for AT&T Master Pension Trust.
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. (X)
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.
See Item 4, above.
Item 9. Notice of Dissolution of Group.
Upon the consummation of the Distributions, the Stockholders
Agreement was terminated, thereby terminating the group formed. All further
filings with respect to transactions in or ownership of the Company's Common
Stock will be filed, if required, by members of the group in their individual
capacities.
Item 10. Certification.
Not applicable.
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: February 14, 1995 THE MORGAN STANLEY LEVERAGED
EQUITY FUND II, L.P.
By: Morgan Stanley Leveraged
Equity Fund II, Inc., its
general partner
By: /s/ PETER R. VOGELSANG
---------------------------
Name: Peter R. Vogelsang
Title: Secretary
FIRST PLAZA GROUP TRUST
By: Mellon Bank, N.A., its
trustee
By: /s/ ALLAN M. SEAMAN
---------------------------
Name: Allan M. Seaman
Title: Associate Counsel
GENERAL MOTORS INVESTMENT
MANAGEMENT CORPORATION
By: /s/ WALTER T. DEC
---------------------------
Name: Walter T. Dec
Title: Vice-President
AT&T MASTER PENSION TRUST
By: State Street Bank & Trust
Company, not individually
but as trustee of the AT&T
Master Pension Trust
By: /s/ STEPHEN F. NAZZARO
---------------------------
Name: Stephen F. Nazzaro
Title: Vice-President
MORGAN STANLEY GROUP INC.
By: /s/ PETER R. VOGELSANG
---------------------------
Name: Peter R. Vogelsang
Title: Authorized Signatory
/s/ DAVID I. MARGOLIS
------------------------------
David I. Margolis
/s/ SALVATORE J. COZZOLINO
------------------------------
Salvatore J. Cozzolino
/s/ ANDREW C. HILTON
------------------------------
Andrew C. Hilton
/s/ CECELIA DIBUONO
------------------------------
Cecelia diBuono
/s/ JAMES J. MCHUGH
------------------------------
James J. McHugh
/s/ JOHN M. CYBULSKI
------------------------------
John M. Cybulski
/s/ JOHN W. GUFFEY, JR.
------------------------------
John W. Guffey, Jr.
/s/ PETER H. WIESCHENBERG
------------------------------
Peter H. Wieschenberg
/s/ PAUL G. SCHOEN
------------------------------
Paul G. Schoen
MORGAN STANLEY LEVERAGED
EQUITY FUND II, INC.
By: /s/ PETER R. VOGELSANG
---------------------------
Name: Peter R. Vogelsang
Title: Secretary
COLT EQUITY INVESTORS, L.P.
By: Morgan Stanley Equity
Investors Inc., its general
partner
By: /s/ PETER R. VOGELSANG
---------------------------
Name: Peter R. Vogelsang
Title: Secretary
MORGAN STANLEY EQUITY
INVESTORS INC.
By: /s/ PETER R. VOGELSANG
---------------------------
Name: Peter R. Vogelsang
Title: Secretary
Attention. Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001).
MORGAN STANLEY
SECRETARY'S CERTIFICATE
-----------------------
I, Charlene, R. Herzer, a duly elected and acting Assistant
Secretary of Morgan Stanley Group Inc., a corporation organized and
existing under the laws of the State of Delaware (the "Corporation"),
certify that the following resolutions were duly and validly adopted by a
Consent in Lieu of a Meeting of the Executive Committee of the Board of
Directors of the Corporation dated as of March 28, 1994 and that such
resolutions are in full force and effect on the date hereof.
RESOLVED, that Peter R. Vogelsang is authorized and directed to
sign on behalf of the Corporation any forms, reports, schedules or
filings required to be filed by the Corporation with any government or
regulatory agency in connection with the making, holding or disposing
of any investments managed by the Merchant Banking Division of the
Corporation, such authorization to cease automatically upon
termination of his employment with Morgan Stanley & Co. Incorporated;
and
RESOLVED FURTHER, that any actions heretofore taken by Peter R.
Vogelsang in connection with the responsibilities noted in the preceding
resolution are confirmed, approved and ratified.
RESOLVED, that any and all actions to be taken, caused to be
taken or heretofore taken by any officer of the Corporation in
executing any and all documents, agreements and instruments and in
taking any and all steps (including the payment of all expenses)
deemed by such officer as necessary or desirable to carry out the
intents and purposes of the foregoing resolutions are authorized,
ratified and confirmed.
IN WITNESS WHEREOF, I have hereunto set my name and affixed the
seal of the Corporation as of the 10th day of February, 1995.
/s/ CHARLENE R. HERZER
-------------------------
Charlene R. Herzer
Assistant Secretary
[SEAL]
