<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 5)
Under the Securities Exchange Act of 1934
CHEMI-TROL CHEMICAL COMPANY
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
163616105
- --------------------------------------------------------------------------------
(CUSIP Number)
VC HOLDINGS, INC.
250 Park Avenue
New York, New York 10017
(212) 867-3800
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
SEPTEMBER 27, 1996
- --------------------------------------------------------------------------------
(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. \ \
Check the following box if a fee is being paid with the statement. \ \
A fee is not required only if the reporting 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).
Page 1 of 14 Pages
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SCHEDULE 13D
CUSIP NO. 163616105
1. NAME OF REPORTING PERSON S.S. OR IRS
IDENTIFICATION NO. OF ABOVE PERSON
TRILON DOMINION PARTNERS, L.L.C. 13-3838873
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) \ \
(b) \ X \
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3. SEC USE ONLY
------------------------------------------------------------------
4. SOURCE OF FUNDS*
------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS \ \
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER - 0 -
SHARES -----------------------------------
BENEFICIALLY
OWNED BY 8. SHARED VOTING POWER 241,351
EACH ---------------------------------
REPORTING
PERSON WITH 9. SOLE DISPOSITIVE POWER - 0 -
------------------------------
10. SHARED DISPOSITIVE POWER 241,351
----------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
241,351
------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES* \ \
------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.04%
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14. TYPE OF REPORTING PERSON*
00
------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 14 Pages
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SCHEDULE 13D
CUSIP NO. 163616105
1. NAME OF REPORTING PERSON S.S. OR IRS
IDENTIFICATION NO. OF ABOVE PERSON
VC HOLDINGS, INC. 13-3838864
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) \ \
(b) \ X \
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS \ \
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER - 0 -
SHARES -----------------------------------
BENEFICIALLY
OWNED BY 8. SHARED VOTING POWER 241,351
EACH ---------------------------------
REPORTING
PERSON WITH 9. SOLE DISPOSITIVE POWER - 0 -
------------------------------
10. SHARED DISPOSITIVE POWER 241,351
----------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
241,351
------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES* \ \
------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.04%
------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
HC
------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 14 Pages
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SCHEDULE 13D
CUSIP NO. 163616105
1. NAME OF REPORTING PERSON S.S. OR IRS
IDENTIFICATION NO. OF ABOVE PERSON
RONALD W. CANTWELL
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) \ \
(b) \ X \
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS \ \
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States Citizen
------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER - 0 -
SHARES -----------------------------------
BENEFICIALLY
OWNED BY 8. SHARED VOTING POWER 241,351
EACH ---------------------------------
REPORTING
PERSON WITH 9. SOLE DISPOSITIVE POWER - 0 -
------------------------------
10. SHARED DISPOSITIVE POWER 241,351
----------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
241,351
------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES* \ \
------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.04%
------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
IN
------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 14 Pages
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SCHEDULE 13D
CUSIP NO. 163616105
1. NAME OF REPORTING PERSON S.S. OR IRS
IDENTIFICATION NO. OF ABOVE PERSON
DOMINION CAPITAL, INC.
54-1348068
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) \ \
(b) \ X \
------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------
4. SOURCE OF FUNDS*
------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS \ \
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Virginia
------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER - 0 -
SHARES -----------------------------------
BENEFICIALLY
OWNED BY 8. SHARED VOTING POWER - 0 -
EACH ---------------------------------
REPORTING
PERSON WITH 9. SOLE DISPOSITIVE POWER - 0 -
------------------------------
10. SHARED DISPOSITIVE POWER - 0 -
----------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES* \ X \
------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
CO
------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 14 Pages
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SCHEDULE 13D
CUSIP NO. 163616105
1. NAME OF REPORTING PERSON S.S. OR IRS
IDENTIFICATION NO. OF ABOVE PERSON
DOMINION RESOURCES, INC.
54-1229715
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) \ \
(b) \ X \
------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------
4. SOURCE OF FUNDS*
------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS \ \
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Virginia
------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER - 0 -
SHARES -----------------------------------
BENEFICIALLY
OWNED BY 8. SHARED VOTING POWER - 0 -
EACH ---------------------------------
REPORTING
PERSON WITH 9. SOLE DISPOSITIVE POWER - 0 -
------------------------------
10. SHARED DISPOSITIVE POWER - 0 -
----------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES* \ X \
------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
HC
------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 14 Pages
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AMENDMENT NO. 5 TO SCHEDULE 13D
Trilon Dominion Partners, L.L.C., a Delaware limited liability company
(formerly known as Venture Capital Equities, L.L.C., and hereinafter referred to
as the "LLC"), hereby amends and supplements the statement on Schedule 13D as
originally filed by Dominion Capital, Inc., a Virginia corporation ("Capital"),
and Dominion Resources, Inc., a Virginia corporation ("Resources"), on September
18, 1990 (the "Original Statement"), as amended and supplemented by Amendment
No. 1 filed on October 24, 1994, Amendment No. 2 filed on October 31, 1994,
Amendment No. 3 filed on August 9, 1995 and Amendment No. 4 filed on June 12,
1996, (the Original Statement, as so amended and supplemented, being the
"Statement"), with respect to the Common Stock (the "Common Stock") of Chemi-
Trol Chemical Company (the "Issuer").
Unless otherwise indicated, each capitalized term used but not defined
herein shall have the meaning assigned to such term in the Original Statement.
ITEM 2. IDENTITY AND BACKGROUND.
ITEM 2 OF THE STATEMENT IS HEREBY AMENDED BY DELETING SCHEDULES I, II, AND
III, ATTACHED TO THE STATEMENT, AND REPLACING THEM WITH SCHEDULES I, II, AND
III, ATTACHED HERETO, WHICH SET FORTH THE DIRECTORS AND EXECUTIVE OFFICERS OF VC
HOLDINGS, CAPITAL AND RESOURCES, RESPECTIVELY.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
ITEM 5 OF THE STATEMENT IS HEREBY AMENDED BY DELETING THE FIRST TWO
PARAGRAPHS AND REPLACING THEM WITH THE FOLLOWING:
"After the sale of the Shares (as defined below), the LLC is the registered
and direct beneficial owner of 241,351 shares of Common Stock of the issuer
representing approximately 12.04% of the outstanding shares of Common Stock of
the Issuer. The LLC has shared voting and dispositive power with respect to
such shares of Common Stock by virtue of its direct ownership of such shares.
On September 27, 1996, the LLC sold 65,000 shares (the "Shares") of Common
Stock of the Issuer in a brokered transaction. Gross proceeds from the
disposition of the Shares was $710,937.50. The sale of the Shares
represented a disposition by the LLC of record and beneficial ownership of
Common Stock of the Issuer in an amount equal to more than one percent of the
outstanding shares of Common Stock of the Issuer."
Page 7 of 14 Pages
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SIGNATURES
After reasonable inquiry and to the best of their knowledge and belief, the
undersigned certify that the information set forth in this Statement is true,
complete and correct.
Date: October 4, 1996 TRILON DOMINION PARTNERS, L.L.C.
By: VC HOLDINGS, Inc.,
its Manager
By: /s/ Ronald W. Cantwell
--------------------------------
Name: Ronald W. Cantwell
Title: President
VC HOLDINGS, INC.
By: /s/ Ronald W. Cantwell
--------------------------------
Name: Ronald W. Cantwell
Title: President
/s/ Ronald W. Cantwell
-----------------------------------
Ronald W. Cantwell
DOMINION CAPITAL, INC.
By: /s/ Daniel A. Hillsman, Jr.
--------------------------------
Name: Daniel A. Hillsman, Jr.
Title: Vice President
DOMINION RESOURCES, INC.
By: /s/ Linwood R. Robertson
--------------------------------
Name: Linwood R. Robertson
Title: Senior Vice President
Page 8 of 14 Pages
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SCHEDULE I
The name and present principal occupation of each of the executive officers
and directors of VC Holdings are set forth below. Unless otherwise noted, each
of these persons are United States citizens and have as their business address
at 250 Park Avenue, New York, New York 10017.
Principal
Position with Occupation
Name VC Holdings and Address
- ---- ----------- -----------
Ronald W. Cantwell President and Same
Director
Jack R. Sauer Vice President, Same
Chief Financial
Officer, Assistant
Secretary, Director
William J. Hopke Executive Vice Same
President and
Director 10800 Midlothian Tpke.,
Suite 129
Richmond, Virginia 23235
William P. Gendron Secretary and Same
Treasurer
Page 9 of 14 Pages
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SCHEDULE II
Executive Officers and Directors of
Dominion Capital, Inc.
Principal Occupation
Name Title Or Employment
- ---- ----- -----------------
Thos. E. Capps Director, Chairman See Schedule III
David L. Heavenridge President, Chief See Schedule III
Executive Officer
and Director
Henry C. Riely Corporate Secretary Corporate Secretary
of Capital; an Assistant
Corporate Secretary of
Resources and other
direct and indirect
subsidiaries of
Resources
John W. Harris Director President and
Managing Partner
The Harris Group,
Rotunda Suite 175
4201 Congress Street
Charlotte, NC 28209
David A. Wollard Director President
Bank One Colorado
Corporation
1125 17th Street
Suite 200
P.O. Box 17669
Denver, CO 80217-0669
Paul J. Bonavia Director See Schedule III
John B. Bernhardt Director See Schedule III
Thomas N. Chewning Director See Schedule III
Frank S. Royal Director See Schedule III
William T. Roos Director See Schedule III
Daniel A. Vice President Vice President of
Hillsman, Jr. Capital
Page 10 of 14 Pages
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Principal Occupation
Name Title Or Employment
- ---- ----- -----------------
Charles E. Coudriet Senior Vice Vice President of
President Capital
Donald T. Vice President Vice President of
Herick, Jr. Capital
Dennis W. Hedgepeth Treasurer Treasurer of Capital
Hayden D. McMillian Senior Vice Senior Vice President
President of Capital
James L. Trueheart Senior Vice See Schedule III
President and
Chief Financial
Officer
Mark P. Mikuta Controller Controller of Capital
The business address of each of the foregoing individuals except Messrs.
Harris, Wollard, Bernhardt, Royal, Roos and Simmons is 901 East Byrd Street,
Richmond, Virginia 23219. The respective business addresses of Messrs.
Bernhardt, Royal, Roos and Simmons are set forth under "Principal Occupation or
Employment" on Schedule III.
Page 11 of 14 Pages
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SCHEDULE III
EXECUTIVE OFFICERS AND DIRECTORS OF
DOMINION RESOURCES, INC.
Principal Occupation
Name Title Or Employment
--------------------
John B. Bernhardt Director Managing Director,
Bernhardt/Gibson Financial
Opportunities,
11817 Canon Boulevard,
Suite 502, Newport News,
Virginia 23606, a
financial services firm
Thos. E. Capps Chairman and Chairman of the Board
Chief Executive of Directors, President,
and Director Chief Executive Officer
of Resources and Director of Resources
Linwood R. Robertson Senior Vice Senior Vice President-
President- Finance, Treasurer and
Finance, Corporate Secretary
Treasurer and
Corporate
Secretary
James L. Trueheart Vice President Vice President and
and Controller Controller of Resources
David L. Heavenridge Senior Vice Senior Vice President of
President Resources and an officer
and/or Director of various
subsidiaries of Resources
Thomas F. Farrell, Vice President Vice President and General
II and General Counsel of Resources
Counsel
Donald T. Herrick, Vice President Vice President of
Jr. Resources and an officer
and/or Director of various
subsidiaries of Resources
Paul J. Bonavia Senior Vice Senior Vice President-
President- Corporate of Resources
Corporate
Page 12 of 14 Pages
<PAGE>
Principal Occupation
Name Title Or Employment
--------------------
Thomas N. Chewning Senior Vice Senior Vice President
President of Resources
John B. Adams, Jr. Director President and Chief
Executive Officer The
Bowman Companies
One Bowman Drive,
Fredericksburgh, VA 22408
Benjamin J. Lambert, Director Optometrist
III 904 North First Street
Richmond, VA 23219
Richard L. Director Former President and
Leatherwood Chief Executive Officer
CSX Equipment
3805 Greenway
Baltimore, MD 21218
Harvey L. Lindsay, Director Chairman and Chief
Jr. Executive Officer
Harvey Lindsay Commercial
Real Estate
Dominiom Tower, Suite 1400
999 Waterside Drive
Norfolk, VA 23510
Kenneth A. Randall Director Corporate Director of
various public companies
6 Whittaker's Mill
Williamsburg, VA 23185
William T. Roos Director Retired
President
Penn Luggage, Inc.
2820 Build America Drive
Hampton, VA 23666
Frank S. Royal Director Physician
East End Medical Building
1122 North 25th Street,
Suite A
Richmond, VA 23223
Page 13 of 14 Pages
<PAGE>
Principal Occupation
Name Title Or Employment
--------------------
Judith B. Sack Director Senior Advisor
Morgan Stanley & Co., Inc.
1251 Avenue of the Americas
New York, New York 10020
S. Dallas Simmons Director President
Virginia Union University
1500 North Lombardy Street
Richmond, VA 23220
Robert H. Spilman Director Chief Executive Officer
Chairman of the Board
Bassett Furniture
Industries, Inc.
245 Main Street
P.O. Box 626
Bassett, VA 24055
The business address of Messrs. Capps, Baucom, Robertson, Munsey,
Heavenridge, Herrick, Bonavia, Chewning, Trueheart, Martin and Farrell is 901
East Byrd Street, Richmond, Virginia 23219. The respective business addresses
of the remaining executive officers and directors of Resources are set forth
under "Principal Occupation or Employment" above.
Page 14 of 14 Pages
