<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934 ( Amendment No. 14)
ENERCORP, INC.
(Name of Issuer)
COMMON STOCK, NO PAR VALUE
(Title of Class of Securities)
292906104
(CUSIP Number)
Robert Hebard, 7001 Orchard Lake Rd., Suite 426, W. Bloomfield, MI 48322
(810) 851-5651
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
July 22, 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 this statement [ ]. (A
fee is not required only if the reporting person: (1) has a previous statement
of 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 less than five percent 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.
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___2____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas W. Itin
###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
7 SOLE VOTING POWER
50,694
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 34,007
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 50,694
10 SHARED DISPOSITIVE POWER
34,007
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
69,360
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
X
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
11.7%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 1 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___3____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Shirley B. Itin
###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
7 SOLE VOTING POWER
24,800
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 18,667
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 24,800
10 SHARED DISPOSITIVE POWER
18,667
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,667
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
X
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
3.2%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 2 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___4____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas W. Itin IRA Trust
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan
7 SOLE VOTING POWER
5,333
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 5,333
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,333
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.9%
14 TYPE OF REPORTING PERSON*
EP
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 3 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___5____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TICO
38-3023846
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan co-partnership
7 SOLE VOTING POWER
16,000
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 16,000
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.7%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 4 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___6____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IOC, Inc. Profit Sharing Trust
38-1896931
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan Trust
7 SOLE VOTING POWER
4,933
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 4,933
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,933
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.8%
14 TYPE OF REPORTING PERSON*
EP
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 5 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___7____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SICO
38-3023843
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan co-partnership
7 SOLE VOTING POWER
2,667
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 2,667
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,667
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.5%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 6 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___8____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Acrodyne Profit Sharing Trust
51-6109796
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan trust
7 SOLE VOTING POWER
40,427
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 40,427
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,427
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
6.8%
14 TYPE OF REPORTING PERSON*
EP
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 7 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___9____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Whitney Lynne Hebard Irrevocable Trust
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan trust
7 SOLE VOTING POWER
5,333
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 5,333
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,333
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.9%
14 TYPE OF REPORTING PERSON*
00
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 8 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___10____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gregory Robert Hebard Irrevocable Trust
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan trust
7 SOLE VOTING POWER
5,333
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 5,333
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,333
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.9%
14 TYPE OF REPORTING PERSON*
00
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 9 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___11____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Elinor Lee Itin Irrevocable Trust
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan trust
7 SOLE VOTING POWER
14,133
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 14,133
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,133
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.4%
14 TYPE OF REPORTING PERSON*
00
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 10 of 11
<PAGE>
SCHEDULE 13D
CUSIP NO. 292906104 Page___12____ of ___17__Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LBO Capital Corp.
38-27807333
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
N/A (b)
3 SEC USE ONLY
4 SOURCE OF FUNDS *
N/A
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2 (E)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Colorado corporation
7 SOLE VOTING POWER
15,341
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 15,341
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,341
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.6%
14 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 11 of 11
<PAGE>
CUSIP No. 292906104 Page 13 of 17
ENERCORP, INC.
FORM 13D
ITEM 1. SECURITY AND ISSUER
Common Stock, No Par Value
Enercorp, Inc.
7001 Orchard Lake Rd., Suite 426
West Bloomfield, MI 48322
ITEM 2. IDENTITY AND BACKGROUND
a. This Schedule 13D is being filed jointly by Thomas W. Itin, Shirley B.
Itin, Acrodyne Profit Sharing Plan Trust ("APS"), IOC, Inc. Profit Sharing Trust
("IPS"), TICO, a Michigan co-partnership, SICO, a Michigan co-partnership, LBO
Capital Corp., a Colorado corporation, by Thomas W. Itin IRA Trust, Whitney
Lynne Hebard Irrevocable Living Trust("WLH Trust"), Gregory Robert Hebard
Irrevocable Living Trust ("GRH Trust") and Elinor Lee Itin Irrevocable Living
Trust ("ELI Trust"). Mr. Itin is trustee and beneficiary of APS and IPS, and is
a partner in each of TICO and SICO. Mr. Itin is President and Chairman of the
Board of LBO Capital Corp. Mrs. Itin is a partner in SICO and TICO. Mrs. Itin is
the trustee of the trusts (WLH Trust, GRH Trust and ELI Trust) for their
grandchildren and has the power to vote or to direct the vote of the shares held
by the Trusts. Mr. and Mrs. Itin disclaims beneficial ownership of the shares
held by the Trusts. Mr. Itin disclaims beneficial ownership in excess of his
pecuniary interest regarding the stock owned by LBO Capital Corp. None of the
shares reported herein are owned of record by Mr. Itin or Mrs. Itin.
b. 7001 Orchard Lake Road, Suite 424
W. Bloomfield, MI 48322
c. Mr. Itin Mrs. Itin
Chairman & President, Chairman & President
TWI International, Inc. First Equity Corporation
Same address Same address
d. Neither Mr. or Mrs. Itin has been convicted in any criminal
proceedings during the last five years.
e. Neither Mr. or Mrs. Itin has been a party to any civil proceeding
relating to security violations during the last five years.
f. Citizenship: U.S.A. - Thomas Itin & Shirley Itin; Michigan trusts
<PAGE>
CUSIP No. 292906104 Page 14 of 17
WLH Trust, GRH Trust, ELI Trust, Thomas W. Itin IRA Trust, IPS
& APS; Michigan co-partnerships - TICO & SICO; and Colorado
corporation - LBO Capital Corp.
ITEM 3. SOURCE AND AMOUNT OF FUNDS:
Funds borrowed from Dearborn Wheels, Inc. $2,000
ITEM 4. PURPOSE OF TRANSACTION: Investments
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER:
a. (1) 69,360 shares (11.7%) beneficially owned by Mr. Itin
Includes:(i) 16,000 shares (2.7%) owned by TICO (ii) 40,427 shares (6.8%)
owned by APS; (iii) 4,933 shares (.8%) owned by IPS; (iv) 5,333 shares
(.9%) owned by Thomas W. Itin IRA Trust; (v) 2,667 shares (.5%) owned by
SICO.
The percentage of ownership does not include 15,341 shares (2.6%) owned by
LBO Capital Corp. Mr. Itin disclaims beneficial ownership in excess of his
pecuniary interest regarding the stock transactions by LBO Capital Corp.
(2) 18,668 shares (3.2%) beneficially owned by Mrs. Itin
Includes:(i) 16,000 shares (2.7%) owned by TICO (ii) 2,667 shares (.5%)
owned by SICO
The percentage of ownership does not include (i) 5,333 shares (.9%) owned
by WLH Trust; (ii) 5,333 shares (.9%) owned by GRH Trust and (iii) 14,133
shares (2.4%) owned by ELI Trust. Mr. and Mrs. Itin disclaim beneficial
ownership of the shares held by the Trusts.
(3) 15,341 shares (2.6%) owned by LBO Capital Corp.
b. See numbers 7 and 9 on cover page
c. Transactions within the past 60 days:
(i) (1) LBO Capital Corp.
(2) July 22, 1996
<PAGE>
CUSIP No. 292906104 Page 15 of 17
(3) 1,000 shares
(4) $2.06
(5) Open market purchase through a brokerage firm
(ii) (1) LBO Capital Corp.
(2) April 15, 1996
(3) 5,000 shares
(4) $3.11
(5) Open market purchase through a brokerage firm
ITEM 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
None
ITEM 7. Material to be Filed as Exhibits.
None
<PAGE>
CUSIP No. 292906104 Page 16 of 17
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: August 5, 1996 s\ Thomas W. Itin
---------------------
Thomas W. Itin
Dated: August 5, 1996 s\ Shirley B. Itin
----------------------
Shirley B. Itin
Acrodyne Profit Sharing Trust
Dated: August 5, 1996 s\ Thomas W. Itin
-----------------------
Thomas W. Itin, Trustee
IOC, Inc. Profit Sharing Trust
Dated: August 5, 1996 s\ Thomas W. Itin
------------------------
Thomas W. Itin, Trustee
TICO, a Michigan co-partnership
Dated: August 5, 1996 s\ Thomas W. Itin
-------------------------
Thomas W. Itin, Partner
SICO, a Michigan co-partnership
Dated: August 5, 1996 s\ Shirley B. Itin
--------------------------
Shirley B. Itin, Partner
Thomas W. Itin IRA Trust
Dated: August 5, 1996 s\ Thomas W. Itin
---------------------------
Thomas W. Itin
WHITNEY LYNNE HEBARD
IRREVOCABLE LIVING TRUST
Dated: August 5, 1996 s\ Shirley B. Itin
----------------------------
Shirley B. Itin, Trustee
<PAGE>
CUSIP No. 292906104 Page 17 of 17
GREGORY ROBERT HEBARD
IRREVOCABLE LIVING TRUST
Dated: August 5, 1996 s\ Shirley B. Itin
----------------------------
Shirley B. Itin, Trustee
ELINOR LEE ITIN
IRREVOCABLE LIVING TRUST
Dated: August 5, 1996 s\ Shirley B Itin
-----------------------------
Shirley B. Itin, Trustee
LBO CAPITAL CORP.
a Colorado corporation
Dated: August 5, 1996 s\ Thomas W. Itin
------------------------------
Thomas W. Itin, President
<PAGE>
