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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No._____)
Alba-Waldensian, Inc.
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(Name of Issuer)
Common Stock, par value $2.50 per share
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(Title of Class of Securities)
012041109
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(CUSIP Number)
May 14, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
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CUSIP NO. 012041109 13G Page 2 of 6 Pages
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NAMES OF REPORTING PERSONS Nathan H Dardick
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) - N/A
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
2 (a) [_]
(b) [_]
N/A
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION - United States
4
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SOLE VOTING POWER - 257,100 Shares
5
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER - N/A
BENEFICIALLY 6
OWNED BY
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EACH SOLE DISPOSITIVE POWER - 257,100 Shares
7
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER - N/A
WITH 8
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 257,100 Shares
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
16.4%
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TYPE OF REPORTING PERSON* - IN
12
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1
(a) Name of Issuer:
Alba-Waldensian, Inc.
(b) Address of Issuer's Principal Executive Offices:
201 St. Germain Avenue, SW, Valdese, North Carolina 28690
Item 2
(a) Name of Person Filing:
Nathan H Dardick
(b) Address of Principal Business office or, if None, Residence:
303 East Wacker Drive, Suite 1000, Chicago, Illinois 60601
(c) Citizenship:
United States
(d) Title of Class of Securities:
Common Stock, $2.50 par value per share
(e) CUSIP Number:
012041109
Item 3. If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a:
(a) [_] Broker or dealer registered under Section 15 of the Exchange Act;
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange
Act;
(d) [_] Investment company registered under Section 8 of the Investment
Company Act;
(e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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(f) [_] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. [X]
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 257,100
(b) Percent of class: 16.4%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote - 257,100
(ii) Shared power to vote or to direct the vote - N/A
(iii) Sole power to dispose or to direct the disposition of - 257,100
(iv) Shared power to dispose or to direct the disposition of - N/A
Instruction. For computations regarding securities which represent a right
to acquire an underlying security see Rule 13d-3(d)(1).
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Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [_].
Instruction: Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
No other person is known by the Reporting Person to have the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the securities, reported on this Schedule.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
Not Applicable
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of a Group.
Not Applicable
Item 10. Certifications.
The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(c):
"By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that
purpose or effect."
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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.
May 21, 1998
/s/ Nathan H Dardick
___________________________
Nathan H Dardick
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