<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
CONE MILLS CORPORATION
----------------------
(Name of Issuer)
Common Stock, $.10 par value
------------------------------
(Title of Class of Securities)
206814 10 5
--------------
(CUSIP Number)
Albert A. Woodward, Esq.
Maun & Simon, PLC
2000 Midwest Plaza Building West
801 Nicollet Mall
Minneapolis, Minnesota 55402
(612) 904-7400
--------------
(Name, Address and Telephone Number
of Person Authorized to Receive
Notices and Communications)
December 16, 1998
-----------------
(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(e), 13d-1(f) or 13d-1(g), check the following
box [ ].
(Cover page continued on next 16 pages)
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ MARC H. KOZBERG
I.R.S. Identification Nos. of above persons
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d)
or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by
each reporting person with:
(7) Sole voting power................................ -0-
(8) Shared voting power.............................. 200,000
(9) Sole dispositive power........................... -0-
(10) Shared dispositive power........................ 200,000
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned
by each reporting person. 200,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11) excludes
certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.8%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 2 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ BRUCE E. HENDRY
I.R.S. Identification Nos. of above persons
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d)
or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power................................ 795,700
(8) Shared voting power.............................. -0-
(9) Sole dispositive power........................... 795,700
(10) Shared dispositive power........................ -0-
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially
owned by each reporting person. 795,700
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11) excludes
certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 3.1%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 3 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ DR. DEMETRE
I.R.S. Identification Nos. of above persons NICOLOFF
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings is
required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by
each reporting person with:
(7) Sole voting power................................ 70,000
(8) Shared voting power.............................. 200,000
(9) Sole dispositive power........................... 70,000
(10) Shared dispositive power........................ 200,000
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned
by each reporting person. 270,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11) excludes
certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 1.1%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 4 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ G. JAMES SPINNER
I.R.S. Identification Nos. of above persons
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by
each reporting person with:
(7) Sole voting power................................ 50,000
(8) Shared voting power.............................. 200,000
(9) Sole dispositive power........................... 50,000
(10) Shared dispositive power........................ 200,000
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned by each
reporting person. 250,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11) excludes
certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.9%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 5 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ ROBERT H. PAYMAR
I.R.S. Identification Nos. of above persons
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by
each reporting person with:
(7) Sole voting power................................ 100,000
(8) Shared voting power.............................. 200,000
(9) Sole dispositive power........................... 100,000
(10) Shared dispositive power........................ 200,000
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned by each
reporting person. 300,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11) excludes
certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 1.2%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 6 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ STANLEY I.
I.R.S. Identification Nos. of above persons BARENBAUM
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by each
reporting person with:
(7) Sole voting power................................ -0-
(8) Shared voting power.............................. 200,000
(9) Sole dispositive power........................... -0-
(10) Shared dispositive power........................ 200,000
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned by each
reporting person. 200,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11) excludes
certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.8%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 7 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ JAMES A. POTTER
I.R.S. Identification Nos. of above persons
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by
each reporting person with:
(7) Sole voting power................................ 18,000
(8) Shared voting power.............................. -0-
(9) Sole dispositive power........................... 18,000
(10) Shared dispositive power........................ -0-
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned by
each reporting person. 18,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11)
excludes certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... less than 0.1%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 8 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ SUSAN N. POTTER
I.R.S. Identification Nos. of above persons
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by
each reporting person with:
(7) Sole voting power................................ 2,500
(8) Shared voting power.............................. -0-
(9) Sole dispositive power........................... 2,500
(10) Shared dispositive power........................ -0-
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned by
each reporting person. 2,500
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11)
excludes certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... less than 0.1%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 9 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ SUMMIT CAPITAL
I.R.S. Identification Nos. of above persons APPRECIATION FUND LP
(entities only) .......................................... 41-1822728
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) WC
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings is
required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. MINNESOTA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by each
reporting person with:
(7) Sole voting power................................ 200,000
(8) Shared voting power.............................. -0-
(9) Sole dispositive power........................... 200,000
(10) Shared dispositive power........................ -0-
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned
by each reporting person. 200,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11)
excludes certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.8%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... PN
- --------------------------------------------------------------------------------
Page 10 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ SCA MANAGEMENT
I.R.S. Identification Nos. of above persons PARTNERS, L.L.P.
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) HC
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. MINNESOTA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by each
reporting person with:
(7) Sole voting power................................ -0-
(8) Shared voting power.............................. 200,000
(9) Sole dispositive power........................... -0-
(10) Shared dispositive power........................ 200,000
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned by
each reporting person. 200,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11)
excludes certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.8%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... PN
- --------------------------------------------------------------------------------
Page 11 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ THE TEMPLE COMPANY,
I.R.S. Identification Nos. of above persons L.L.P.
(entities only) .......................................... 41-1340399
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) WC
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. MINNESOTA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by
each reporting person with:
(7) Sole voting power................................ 50,000
(8) Shared voting power.............................. -0-
(9) Sole dispositive power........................... 50,000
(10) Shared dispositive power........................ -0-
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned
by each reporting person. 50,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11)
excludes certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.2%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... PN
- --------------------------------------------------------------------------------
Page 12 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ CHARMEL LIMITED
I.R.S. Identification Nos. of above persons PARTNERSHIP
(entities only) .......................................... 41-1859157
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) WC
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. NEVADA
- --------------------------------------------------------------------------------
Number of shares beneficially owned
by each reporting person with:
(7) Sole voting power................................ 65,200
(8) Shared voting power.............................. -0-
(9) Sole dispositive power........................... 65,200
(10) Shared dispositive power........................ -0-
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned
by each reporting person. 65,200
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11)
excludes certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.3%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... PN
- --------------------------------------------------------------------------------
Page 13 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ CHARMEL
I.R.S. Identification Nos. of above persons ENTERPRISES, INC.
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) HC
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. NEVADA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by each reporting
person with:
(7) Sole voting power................................ -0-
(8) Shared voting power.............................. 65,200
(9) Sole dispositive power........................... -0-
(10) Shared dispositive power........................ 65,200
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned
by each reporting person. 65,200
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11) excludes
certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.3%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... HC
- --------------------------------------------------------------------------------
Page 14 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ RICHARD FITZGERALD
I.R.S. Identification Nos. of above persons
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by each
reporting person with:
(7) Sole voting power................................ -0-
(8) Shared voting power.............................. 50,000
(9) Sole dispositive power........................... -0-
(10) Shared dispositive power........................ 50,000
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned
by each reporting person. 50,000
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11)
excludes certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.2%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 15 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ CHARLES BERRY
I.R.S. Identification Nos. of above persons
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by each
reporting person with:
(7) Sole voting power................................ -0-
(8) Shared voting power.............................. 115,200
(9) Sole dispositive power........................... -0-
(10) Shared dispositive power........................ 115,200
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned
by each reporting person. 115,200
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11)
excludes certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.5%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 16 of 30
<PAGE>
SCHEDULE 13D
CUSIP NO. 206814 10 5
- --------------------------------------------------------------------------------
(1) Names of reporting persons............................ MELANIE BERRY
I.R.S. Identification Nos. of above persons
(entities only)...........................................
- --------------------------------------------------------------------------------
(2) Check the appropriate box if a member of a group (see (a) X
instructions)
--------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC use only..........................................
- --------------------------------------------------------------------------------
(4) Source of funds (see instructions) PF
- --------------------------------------------------------------------------------
(5) Check if disclosure of legal proceedings
is required pursuant to Items 2(d) or 2(e).
- --------------------------------------------------------------------------------
(6) Citizenship or place of organization.................. USA
- --------------------------------------------------------------------------------
Number of shares beneficially owned by each reporting
person with:
(7) Sole voting power................................ -0-
(8) Shared voting power.............................. 65,200
(9) Sole dispositive power........................... -0-
(10) Shared dispositive power........................ 65,200
- --------------------------------------------------------------------------------
(11) Aggregate amount beneficially owned
by each reporting person. 65,200
- --------------------------------------------------------------------------------
(12) Check if the aggregate amount in Row (11)
excludes certain shares (see instructions).
- --------------------------------------------------------------------------------
(13) Percent of class represented by amount in Row (11)... 0.3%
- --------------------------------------------------------------------------------
(14) Type of reporting person (see instructions).......... IN
- --------------------------------------------------------------------------------
Page 17 of 30
<PAGE>
ITEM 1. SECURITY AND ISSUER
This statement relates to the voting Common Stock, par value $.01 of
Cone Mills Corporation (the "Issuer"), a North Carolina corporation, having its
principal place of business at 3101 North Elm Street, Greensboro, North Carolina
27415-6540.
ITEM 2. IDENTITY AND BACKGROUND
This statement is filed jointly by the individuals and entity
identified below (collectively the "Holders"):
1. Marc H. Kozberg
Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Mr. Kozberg is an investor and is employed by Dougherty Summit
Securities LLC
2. Bruce E. Hendry
Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Mr. Hendry is an investor and is employed by Dougherty Summit
Securities LLC
3. James A. Potter
Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Mr. Potter is an investor and is employed by Dougherty Summit
Securities LLC
4. Susan N. Potter
c/o Dougherty Summit Securities LLC
90 South Seventh
Street, Suite 4400
Minneapolis, MN 55402
Ms. Potter is an investor.
5. Dr. Demetre Nicoloff
920 East 28th Street
Minneapolis, MN 55407
Dr. Nicoloff is a physician with an office at the above address.
6. G. James Spinner
Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Mr. Spinner is an investor and is employed by Dougherty Summit
Securities LLC
Page 18 of 30
<PAGE>
7. Robert H. Paymar
Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Mr. Paymar is an investor and is employed by Dougherty Summit
Securities LLC
8. Stanley I. Barenbaum
c/o Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Mr. Barenbaum is an investor and is self employed
9. Summit Capital Appreciation Fund LP
Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Summit Capital Fund Appreciation Fund LP is a limited partnership
organized in Minnesota. SCA Management Partners L.L.P., a Minnesota
limited liability partnership, is the general partner of Summit Capital
Appreciation Fund LP.
10. SCA Management Partners, L.L.P.
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
SCA Management Partners, L.L.P. is a Minnesota limited liability
partnership. Messrs. Kozberg, Nicoloff, Spinner, Paymar, and
Barenbaum are the partners of SCA Management Partners L.L.P.
11. The Temple Company, L.L.P.
c/o Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
The Temple Company, L.L.P. is a Minnesota limited liability
partnership. Messrs. Fitzgerald and Berry are the partners of The
Temple Company, L.L.P.
12. Charmel Limited Partnership
c/o Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Charmel Limited Partnership is a Nevada limited partnership. Charmel
Enterprises, Inc. is the general partner of Charmel Limited
Partnership, owning 1% of its partnership interests. Charles and
Melanie Berry are the limited partners of Charmel Limited Partnership,
each owning 49.5% of its partnership interests.
Page 19 of 30
<PAGE>
13. Charmel Enterprises, Inc.
c/o Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Charmel Enterprises, Inc. is a Nevada corporation and the general
partner of Charmel Limited Partnership. Charles Berry and Melanie Berry
each own 50% of the outstanding stock of Charmel Enterprises, Inc.
14. Richard Fitzgerald
c/o Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Mr. Fitzgerald is an investor.
15. Charles Berry
c/o Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Mr. Berry is an investor.
16. Melanie Berry
c/o Dougherty Summit Securities LLC
90 South Seventh Street, Suite 4400
Minneapolis, MN 55402
Ms. Berry is an investor.
None of the above-referenced Holders has, during the past five years,
been convicted in a criminal proceeding, excluding traffic violations or similar
misdemeanors, nor have any of the Holders been a party to a civil proceeding of
a judicial or administrative body of competent jurisdiction where, as a result
of such proceeding, any of the Holders became subject to a judgment, decree, or
final order enjoining future violations of, or prohibiting or mandating
activities subject to federal or state securities laws or finding any violation
with respect to such laws.
Each individual Holder is a citizen of the United States. Summit
Capital Appreciation Fund LP is a limited partnership organized in Minnesota.
The Temple Company, LLP is a Minnesota limited partnership. Charmel Limited
Partnership is a Nevada limited partnership. Charmel Enterprises, Inc. is a
Nevada corporation.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The shares of Common Stock of the Issuer were purchased by each Holder
from available cash resources or working capital.
ITEM 4. PURPOSE OF TRANSACTION.
See Item 3. The Holders have acquired the Common Stock of the Issuer
for investment purposes. Although the Holders have no plans to acquire
additional Common Stock of the Issuer,
Page 20 of 30
<PAGE>
they specifically reserve the right to purchase additional Common Stock of
the Issuer or to sell Common Stock if they deem it in their best interest.
The Holders specifically reserve the right to communicate with other
shareholders of the Issuer regarding matters of common concern. The Holders
do not have any plans or proposals respecting extraordinary corporate
transactions effecting the Issuer, sale of its assets, changes in its
management, capitalization, dividend policy, business or corporate structure,
charter or bylaws, or the listing of the Issuer's securities or similar
actions, but the Holders do intend to explore opportunities to enhance
shareholder value.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Information with respect to the aggregate number, and percentage, of
all outstanding Common Stock beneficially owned as of December 20, 1998 by each
of the Holders is set forth below:
<TABLE>
<CAPTION>
Number of Shares Percentage of
Name of Common Stock Outstanding Shares
---- --------------- ------------------
<S> <C> <C>
Marc H. Kozberg* 200,000 0.8%
Bruce E. Hendry 795,000 3.1%
Dr. Demetre Nicoloff* 270,000 1.1%
G. James Spinner* 250,000 1.0%
Robert H. Paymar* 300,000 1.2%
Stanley I. Barenbaum* 200,000 0.8%
James A. Potter 18,000 less than 0.1%
Susan N. Potter 2,500 less than 0.1%
Summit Capital
Appreciation Fund LP 200,000 0.8%
SCA Management
Partners, L.L.P.* 200,000 0.8%
The Temple Company,
L.L.P. 50,000 0.2%
Charmel Limited Partnership 65,200 0.3%
Charmel Enterprises, Inc.^ 65,200 0.3%
Richard Fitzgerald# 50,000 0.2%
Charles Berry#^ 115,200 0.5%
Melanie Berry^ 65,200 0.3%
</TABLE>
* Includes 200,000 shares of Common Stock owned by Summit Capital
Appreciation Fund LP.
# Includes 50,000 shares of Common Stock owned by The Temple Company, L.L.P.
^ Includes 65,200 shares of Common Stock owned by Channel Limited
Partnership
The Holders' response to Items 7 through 13 of the cover pages of the
statement are incorporated herein by reference.
Page 21 of 30
<PAGE>
According to the Issuer's most recent Form 10-Q filing with the SEC,
the Issuer has 25,432,233 shares of Common Stock outstanding. The Holders, at
the present time, collectively own 1,348,900 shares of the Issuer's Common
Stock, constituting approximately 5.3% of all of the outstanding voting Common
Stock. Transactions by the Holders in Common Stock of the Issuer in the last 60
days are as follows:
<TABLE>
<CAPTION>
TYPE OF NUMBER OF PRICE/
NAME DATE TRANSACTION SHARES SHARE
---- ---- ----------- --------- ------
<S> <C> <C> <C> <C>
SCAP, LP* 10/28/98 Buy 2,500 4.00
SCAP, LP 11/09/98 Buy 15,000 4.0625
James A. Potter 11/06/98 Sell 3,000 4.0625
James A. Potter 11/09/98 Sell 2,000 4.00
Dr. Demetre Nicoloff 11/10/98 Buy 25,000 4.03125
Dr. Demetre Nicoloff 11/11/98 Buy 2,500 4.125
Dr. Demetre Nicoloff 11/12/98 Buy 5,000 4.3625
Dr. Demetre Nicoloff 11/12/98 Buy 27,500 4.25
SCAP, LP 11/13/98 Buy 15,000 4.125
Dr. Demetre Nicoloff 11/16/98 Buy 10,000 4.0625
SCAP, LP 11/16/98 Buy 20,000 4.0938
Robert H. Paymar 11/18/98 Buy 25,000 3.9375
G. James Spinner 11/18/98 Buy 15,000 3.9375
Bruce E. Hendry 11/24/98 Buy 400,000 4.1094
Bruce E. Hendry 11/27/98 Buy 100,000 4.4375
Bruce E. Hendry 11/30/98 Buy 5,500 4.375
Bruce E. Hendry 12/02/98 Buy 98,700 4.5378
James A. Potter 12/02/98 Buy 5,000 4.5625
Robert H. Paymar 12/02/98 Buy 25,000 3.9375
Bruce E. Hendry 12/03/98 Buy 81,000 4.5525
Bruce E. Hendry 12/07/98 Buy 110,500 4.4881
G. James Spinner 12/08/98 Buy 10,000 4.5625
James A. Potter 12/14/98 Buy 1,000 4.375
Temple # 12/15/98 Buy 14,000 4.4714
Temple 12/16/98 Buy 36,000 4.774
Charmel L.P.^ 12/16/98 Buy 65,200 4.774
SCAP, LP 12/17/98 Sell 10,000 4.875
</TABLE>
*Summit Capital Appreciation Fund LP
# The Temple Company
^ Charmel Limited Partnership
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS, OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None.
Page 22 of 30
<PAGE>
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit A -- Agreement as to joint filing pursuant to Regulation
Section 240.13d-1(f)(1)(iii).
Page 23 of 30
<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.
Dated: December 28, 1998
/s/ Bruce E. Hendry
------------------------
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: December 28, 1998
/s/ Marc H. Kozberg
------------------------
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: December 28, 1998
/s/ Dr. Demetre Nicoloff
------------------------
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: December 28, 1998
/s/ G. James Spinner
------------------------
Page 24 of 30
<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.
Dated: December 28, 1998
/s/ Robert H. Paymar
------------------------
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: December 28, 1998
/s/ Stanley L. Barenbaum
------------------------
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: December 28, 1998
/s/ James A. Potter
------------------------
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: December 28, 1998
/s/ Susan N. Potter
------------------------
Page 25 of 30
<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.
Dated: December 28, 1998
SUMMIT CAPITAL APPRECIATION
FUND LP
By: SCA Management Partners L.L.P.
By: /s/ Marc H. Kozberg, a partner
------------------------------
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: December 28, 1998
SCA MANAGEMENT PARTNERS, L.L.P.
By: /s/ Marc H. Kozberg, a partner
------------------------------
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: December 28, 1998
THE TEMPLE COMPANY, L.L.P.
By: /s/ Charles Berry, a partner
------------------------------
Page 26 of 30
<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.
Dated: December 28, 1998
CHARMEL LIMITED PARTNERSHIP
By: Charmel Enterprises, Inc.
By: /s/ Charles Berry, President
------------------------------
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: December 28, 1998
CHARMEL ENTERPRISES, INC.
By: /s/ Charles Berry, President
------------------------------
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: December 28, 1998
/s/ Richard Fitzgerald
------------------------------
Page 27 of 30
<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.
Dated: December 28, 1998
/s/ Charles Berry
------------------------------
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: December 28, 1998
/s/ Melanie Berry
------------------------------
Page 28 of 30
<PAGE>
EXHIBIT A
AGREEMENT AS TO JOINT FILING
Pursuant to Regulation Section 240.13d-1(f)(1)(iii), the undersigned
acknowledge and agree that the attached Schedule 13D relating to Cone Mills
Corporation is being filed on behalf of each of the undersigned.
/s/ Bruce E. Hendry
----------------------------------------
/s/ Marc H. Kozberg
----------------------------------------
/s/ Dr. Demetre Nicoloff
----------------------------------------
/s/ G. James Spinner
----------------------------------------
/s/ Robert H. Paymar
----------------------------------------
/s/ Stanley I. Barenbaum
----------------------------------------
/s/ James A. Potter
----------------------------------------
/s/ Susan N. Potter
----------------------------------------
SUMMIT CAPITAL APPRECIATION
FUND LP
By: SCA Management Partners L.L.P.
By: /s/ Marc H. Kozberg, a partner
------------------------------
SCA MANAGEMENT PARTNERS, L.L.P.
By: /s/ Marc H. Kozberg, a partner
------------------------------------
Page 29 of 30
<PAGE>
THE TEMPLE COMPANY, L.L.P.
By: /s/ Charles Berry, a partner
------------------------------------
CHARMEL LIMITED PARTNERSHIP
By: Charmel Enterprises, Inc.
By: /s/ Charles Berry, President
----------------------------
CHARMEL ENTERPRISES, INC.
By: /s/ Charles Berry, President
------------------------------------
/s/ Richard Fitzgerald
----------------------------------------
/s/ Charles Berry
----------------------------------------
/s/ Melanie Berry
----------------------------------------
Page 30 of 30
