MCNEIL REAL ESTATE FUND IX LTD
SC 13D/A, 1996-04-18
OPERATORS OF NONRESIDENTIAL BUILDINGS
Previous: ELFUN TAX EXEMPT INCOME FUND, 485BPOS, 1996-04-18
Next: PRUDENTIAL HIGH YIELD FUND INC, 497, 1996-04-18



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 SCHEDULE 13D/A

                    Under the Securities Exchange Act of 1934
                                (Amendment No. 6)


                        McNEIL REAL ESTATE FUND IX, LTD.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                     Units of Limited Partnership Interests
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                 Not Applicable
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

                    Robert A. McNeil, McNeil Investors, Inc.
            13760 Noel Road, Suite 700, Dallas, Texas 75240, (214) 448-5800
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices 
 and Communications)

                                   Copies to:
                                W. Scott Wallace
                            Haynes and Boone, L.L.P.
                             3100 NationsBank Plaza
                                 901 Main Street
                            Dallas, Texas 75202-3789

                                 April 17, 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.)

*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).

<PAGE>





                                  SCHEDULE 13D/A

                                                        
CUSIP No.  Not Applicable                               Page 2 of 4 Pages
          ---------------                               -----------------

- --------------------------------------------------------------------------------
      1       NAME OF REPORTING PERSON
              S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

              McNeil Partners, L.P.
              See also Item 2.
- --------------------------------------------------------------------------------
      2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP     (a)___
                                                                   (b)___


- --------------------------------------------------------------------------------
      3       SEC USE ONLY


- --------------------------------------------------------------------------------
      4       SOURCE OF FUNDS

                WC
- --------------------------------------------------------------------------------
      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
             SHARES
          BENEFICIALLY                    McNeil Partners, L.P. - 5,715.00 Units
            OWNED BY                      See also Item 5.
              EACH
           REPORTING
             PERSON
              WITH
                                 -----------------------------------------------
                                  8      SHARED VOTING POWER

                                             See also Item 5.
                                 -----------------------------------------------
                                  9      SOLE DISPOSITIVE POWER

                                         McNeil Partners, L.P. - 5,715.00 Units
                                         See also Item 5.
                                 -----------------------------------------------
                                  10     SHARED DISPOSITIVE POWER

                                         Voting  and  dispositive  power  is
                                         exercised   on   behalf  of  McNeil
                                         Partners,   L.P.   by  its  general
                                         partner, McNeil Investors,  Inc., a
                                         Delaware corporation.
- --------------------------------------------------------------------------------
      11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              5,715.00 Units of Limited Partnership Interest
- --------------------------------------------------------------------------------
      12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
              SHARES               ____


- --------------------------------------------------------------------------------
      13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                 5.2%
- --------------------------------------------------------------------------------
      14      TYPE OF REPORTING PERSON*

                 PN
- --------------------------------------------------------------------------------



<PAGE>

                         AMENDMENT NO. 6 TO SCHEDULE 13D

     The  Schedule  13D  relating  to  Units  of  Limited  Partnership  interest
("Units") and McNeil Real Estate Fund IX, Ltd., a California limited partnership
("Issuer") as filed by McNeil  Partners,  L.P.  ("MP") is hereby  amended as set
forth below. Unless otherwise indicated, all terms referred to herein shall have
the meaning as set forth in the Schedule 13D.

Item 4.  Purpose of Transaction.
         -----------------------

                  Item 4 is hereby amended by adding the following thereto:

                  In response to  unsolicited  tender  offers made by High River
Limited  Partnership,  Riverdale  Investors Corp.,  Inc. and Carl C. Icahn ("Mr.
Icahn"),  MP has from time to time  explored  possible  courses of action  which
might have been available,  including holding  discussions and negotiations with
other parties which were considering joining with MP or its affiliates in making
a tender offer for Units of the  Partnership.  In addition,  between  August 24,
1995 and September 6, 1995, Mr. McNeil, MP and Investors engaged in negotiations
with Mr. Icahn and his affiliates  regarding possible  transactions  between the
parties  which  included,  among other things,  the sale of all the  outstanding
stock of Investors, Investors' general partner interest in MP and certain of Mr.
McNeil's limited partnership interests in MP. The negotiations did not result in
any  agreement  or  understanding  between the parties.  At this time,  MP is no
longer considering the possibility of making a tender offer for Units.  However,
Mr. McNeil and Investors  continue to explore possible courses of action,  which
may  include,  among  other  things,  the sale of all or  substantially  all Mr.
McNeil's interests in Investors and MP.



<PAGE>


                                    SIGNATURE

     After reasonable  inquiry to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Dated: April 17, 1996.

                                McNEIL PARTNERS, L.P.

                                By:  McNeil Investors, Inc.
                                     its general partner


                                     By: /s/Robert A. McNeil
                                        ------------------------------------
                                        Co-Chairman of the Board


                                /s/Robert A. McNeil
                                --------------------------------------------
                                Robert A. McNeil












© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission