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SCHEDULE 13D
(Rule 13d-101)
Information to be Included in Statements Filed Pursuant to Rule 13d-1 (a) and
Amendments Thereto Filed Pursuant to Rule 13d-2(a)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
Chemi-Trol Chemical Co.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
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(Title of Class of Securities)
163616105
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(CUSIP Number)
Chemi-Trol Chemical Co. 2776 CR 69 Gibson, OH 43431 (419) 665-2367
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
June 12, 1998
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(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 that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g) check the following
box / /.
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule,including all exhibits. See Rule 13d-7(b) 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
disclosures provided in a prior cover page.
The information required on 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).
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SCHEDULE 13D
CUSIP NO. 163616105 PAGE 2 OF 5 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TD Securities (USA) Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /X/
(b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
Working Capital (WC)
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
NUMBER OF
SHARES 100,800
BENEFICIALLY -----------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING
PERSON -----------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
100,800
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
$2,318,400
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.028%
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14 TYPE OF REPORTING PERSON*
BD
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Page 3 of 5 Pages
Item 1. Security and Issuer.
Common Stock Chemi-Trol Chemical Co.
Item 2. Identity and Background.
(a) The name of the person filing this Schedule is TD
Securities (USA) Inc.
(b) The business address is 31 W. 52nd Street NY, NY
10019
(c) BD
(d) NO
(e) NO
(f) Delaware Corporation
Item 3. Source and Amount of Funds or Other Consideration.
$2,318,400 - Working Capital
Item 4. Purpose of Transaction.
Risk Arbitrage
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Page 4 of 5 Pages
Item 5. Interest in Securities of the Issuer.
(a) 100,800 5.028%
(b) 100,800
(c) See below
(d) NO
(e) June 17, 1998
Item 6. Contracts, Arrangements, Understandings or
Relationship With respect to Securities of the Issuer.
N/A
Item 7. Materials to be Filed as Exhibits.
NONE
TRADE DATE
4/13/98 (B) 2500 e 22.625 PRINCIPAL TRANSACTION ON NASDAQ
4/16/98 (B) 4000 e 22.625 PRINCIPAL TRANSACTION ON NASDAQ
4/20/98 (B) 1000 e 22.625 PRINCIPAL TRANSACTION ON NASDAQ
5/11/98 (B) 5000 e 22.375 PRINCIPAL TRANSACTION ON NASDAQ
5/12/98 (B) 3000 e 22.375 PRINCIPAL TRANSACTION ON NASDAQ
5/15/98 (B) 2500 e 22.375 PRINCIPAL TRANSACTION ON NASDAQ
5/29/98 (B) 2000 e 22.625 PRINCIPAL TRANSACTION ON NASDAQ
6/11/98 (B) 600 e 22.6875 PRINCIPAL TRANSACTION ON NASDAQ
6/12/98 (B) 8700 e 22.625 PRINCIPAL TRANSACTION ON NASDAQ
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Page 5 of 5 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, the undersigned certifies that the information set forth in the
Statement is true, correct and complete.
DATED: June 22, 1998
By /s/ Marc Baum
------------------------------
Marc Baum
Managing Director
