<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d 101)
Under the Securities Exchange Act of 1934
MULTIGRAPHICS, INC.
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(Name of Issuer)
COMMON STOCK, par value $.025 per share
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(Title of Class of Securities)
62544D102000
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(CUSIP Number)
Thomas D. Rooney
431 Lakeview Ct.
Mount Prospect, Il 60056
(847) 375-1700
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
November 25, 1997
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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 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 / /.
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 from 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. 62544D102000 Page 2 of 9 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BELGRAVE INVESTMENT TRUST N.V.
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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* 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 Netherlands Antilles
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NUMBER OF 7. SOLE VOTING POWER 235,390 common stock
SHARES
BENEFICIALLY ----------------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER ------
EACH
REPORTING ----------------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER 235,390 common stock
----------------------------------------------------------------
10. SHARED DISPOSITIVE POWER ------
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
235,390 common stock
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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) 8.36%
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14. TYPE OF REPORTING PERSON* Co.
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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SCHEDULE 13D
CUSIP No. 62544D102000 Page 3 of 9 Pages
================================================================================
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CORTRUST
CO-ADMINISTRATOR OF DUKE STREET TRUST, ULTIMATE PARENT OF BELGRAVE
INVESTMENT TRUST N.V. THE DIRECT BENEFICIAL OWNER OF THE REPORTED
SHARES.
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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* N/A
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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 Switzerland
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NUMBER OF 7. SOLE VOTING POWER
SHARES
BENEFICIALLY -------------------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER 235,390 Shares Common Stock
EACH
REPORTING -------------------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER
-------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER 235,390 Shares Common Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
235,390 Shares Common Stock
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.36%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON* Co.
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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SCHEDULE 13D
CUSIP No. 62544D102000 Page 4 of 9 Pages
================================================================================
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON B.A. JENSEN,
CO-ADMINISTRATOR OF DUKE STREET TRUST, ULTIMATE PARENT OF BELGRAVE
INVESTMENT TRUST N.V., THE DIRECT BENEFICIAL OWNER OF THE REPORTED
SHARES
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS* N/A
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION Switzerland
- --------------------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES
BENEFICIALLY -------------------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER 235,390 Shares Common Stock
EACH
REPORTING -------------------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER
-------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER 235,390 Shares Common Stock
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
235,390 Shares Common Stock
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.36%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON* IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 5
SCHEDULE 13D
CUSIP No. 62544D102000 Page 5 of 9 Pages
Item 1. Security and Issuer
Security: Common Stock, par value $.025 per share
Issuer: Multigraphics, Inc.
Item 2. Identity and Background of Reporting Entities
a. Name: Belgrave Investment Trust N.V.
Country of Incorporation: Netherlands Antilles
Principal business: making investments, loans and acquisitions
Address: 100 Piccadilly, Suite 10
London (GB) W1V 9FN
England
No criminal convictions in past 5 years. Not subject to any prohibition or
mandated activities under federal or state securities laws in past 5
years.
b. Name/Position of Reporting Entity: CorTrust; co-administrator of Duke
Street Trust, ultimate parent of Reporting Entity
Country of Incorporation: Switzerland
Principal business: administration of trusts
Address: 4 Rue Muzy
1211 Geneva 6
Switzerland
No criminal convictions in past 5 years. Not subject to any prohibition or
mandated activities under federal or state securities laws in past 5
years.
c. Name/Position or Reporting Entity: B.A. Jensen; co-administrator of Duke
Street Trust, ultimate parent of reporting entity:
Citizenship: Switzerland
Present Principal Occupation: professor
Address: 4 Rue Muzy
1211 Geneva 6
Switzerland
No criminal convictions in past 5 years. Not subject to any prohibition or
mandated activities under federal or state securities laws in past 5
years.
Item 3. Source and Amount of Funds or Other Consideration
Price for the 235,390 shares was $2.00 per share; accordingly, the aggregate
purchase price was $470,780. Purchase price was paid out of working capital.
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SCHEDULE 13D
CUSIP No. 62544D102000 Page 6 of 9 Pages
Item 4. Purpose of Transaction
Purpose of acquisition of the shares was to invest in the Issuer.
Item 5. Interest in Securities of the Issuer
(a) As to Belgrave Investment Trust N.V. direct beneficial owner of
235,390 shares of the Issuer's common stock:
sole voting power 235,390 shares
shared voting power - 0 -
sole disposition power 235,390 shares
shared disposition power - 0 -
(b) as to both CorTrust and B.A. Jensen, co-administrators of Duke Street
Trust (Duke Street Trust being the ultimate parent of Belgrave
Investment Trust N.V.) and thus the indirect beneficial owner of
235,390 shares of the Issuer's common stock:
sole voting power - 0 -
shared voting power 235,390 shares
sole disposition power - 0 -
shared disposition power 235,390 shares
No other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale
of, such securities.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
None
Item 7. Material to be Filed as Exhibits
None
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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.
Dated: November 27, 1997
BELGRAVE INVESTMENT TRUST N.V.
By: /s/ Walter L. Rogers
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Walter L. Rogers
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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.
/s/ B.A. Jensen
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B.A. Jensen
POWER OF ATTORNEY
-----------------
KNOW ALL MEN BY THESE PRESENTS, that the undersigned, B.A. Jensen,
constitutes and appoints Walter Rogers as its true and lawful attorney-in-fact
and agent with full power of substitution and resubstitution for it and in its
name, place and stead in any and all capacities to sign this Schedule 13-D and
to file the same and any and all amendments thereto, with all exhibits and any
other documents in connection therewith, with the Securities Exchange
Commission and the AMEX, granting unto said attorney-in-fact and agent full
power and authority to do and perform each and every act and thing requisite or
necessary to be done in and about the premises, as fully to all intents and
purposes as it might or could do in person, hereby ratifying and confirming all
that said attorney-in-fact and agent, or its substitutes, may lawfully do or
cause to be done by virtue thereof.
/s/ B.A. Jensen
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B.A. Jensen
Dated: November 28, 1997
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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.
/s/ A. Meier
-------------------------
Cortrust
POWER OF ATTORNEY
-----------------
KNOW ALL MEN BY THESE PRESENTS, that the undersigned, Cortrust,
constitutes and appoints Walter Rogers as its true and lawful attorney-in-fact
and agent with full power of substitution and resubstitution for it and in its
name, place and stead in any and all capacities to sign this Schedule 13-D and
to file the same and any and all amendments thereto, with all exhibits and any
other documents in connection therewith, with the Securities Exchange
Commission and the AMEX, granting unto said attorney-in-fact and agent full
power and authority to do and perform each and every act and thing requisite
or necessary to be done in and about the premises, as fully to all intents
and purposes as it might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or its substitutes, may lawfully do
or cause to be done by virtue thereof.
/s/ A. Meier
-------------------------
Cortrust
Dated: December 1, 1997
