FIRST INTERSTATE BANK OF ARIZONA
SC 13D/A, 1994-01-31
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                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549
         
         
                                 SCHEDULE 13D
                   Under the Securities Exchange Act of 1934
         
                               (Amendment No. 2)
         
                                 The Dial Corp  
                               (Name of Issuer)
         
         
                                 Common Stock         
                        (Title of Class of Securities)
         
         
                                   25247010   
                                (CUSIP Number)
         
         
         
         Michael E. Pietzsch               L. Gene Lemon, Esq.
         Pietzsch & Williams       Vice President and General Counsel
         2930 East Camelback Road             The Dial Corp
         Suite 155                      1850 North Central Avenue
         Phoenix, Arizona  85016         Phoenix, Arizona  85077
                                                                      
           (Name, address and telephone number of person authorized
                    to receive notices and communications)
         
         
                              January 31, 1994                       
            (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:     
         





         
         
                               Page 1 of 5 Pages
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         CUSIP NO. 25247010                        Page 2 of 5 Pages  
         
                                                                      
         1.   Name of Reporting Person
              S.S. or I.R.S. Identification No. of Above Person
         
              First Interstate Bank of Arizona, N.A., as Trustee for 
              The Dial Corp Employee Equity Trust
         
                                                                      
         2.   Check the Appropriate Box if a Member of a Group
                                                         (a)     
              Not applicable                             (b)     
         
                                                                      
         3.   SEC Use Only
         
                                                                      
         4.   Source of Funds
         
              SC, OO 
                                                                      
         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                          3,923,933        
         Beneficially        8.   Shared Voting Power
         Owned by                            0            
         Each Reporting      9.   Sole Dispositive Power
         Person With                     3,923,933        
                             10.  Shared Dispositive Power
                                             0            
                                                                     
         11.  Aggregate Amount Beneficially Owned by Each Reporting 
              Person
         
              3,923,933
                                                                     
         12.  Check if the Aggregate Amount in Row (11) Excludes Cer-
              tain Shares
                                                             
                                                                     
         13.  Percent of Class Represented by Amount in Row (11)
         
              Approximately 8.5%
                                                                     
         14.  Type of Reporting Person
         
              BK, EP
                                                                     




         
         
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         CUSIP NO. 25247010                        Page 3 of 5 Pages  
         



                              Amendment No. 2 to
         
                                 SCHEDULE 13D
         
                        RELATING TO THE COMMON STOCK OF
         
                                 THE DIAL CORP
         
         
                   The Dial Corp Employee Equity Trust (the "Trust"), 

         hereby amends its statement on Schedule 13D filed with re-

         spect to the Common Stock, $1.50 par value per share (the 

         "Common Stock"), of The Dial Corp, a Delaware corporation 

         (the "Issuer").  Unless otherwise indicated, all items re-

         ferred to herein shall have the same meanings as those set 

         forth in the previously filed Schedule 13D.

         
                   The filing of this Amended Statement on Schedule 

         13D by the Trust does not constitute, and should not be con-

         strued as, an admission that either the Trust or First Inter-

         state Bank of Arizona, N.A., as trustee of the Trust (the 

         "Trustee"), beneficially owns any securities covered by this 

         Amended Statement or is required to file this Amended State-

         ment.  In this connection, the Trust and the Trustee disclaim 

         beneficial ownership of the securities covered by this 

         Amended Statement.

         
         Item 4.   Purpose of Transaction

         
                   Under the terms and conditions of the Trust Agree-

         ment, dated as of September 9, 1992, during the period from 

         
         
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         CUSIP NO. 25247010                        Page 4 of 5 Pages  
         



         February 21, 1993 through December 31, 1993 the Trust has re-

         leased and allocated 850,121 shares of Common Stock to and 

         among The Dial Corp stock option plans, The Dial Companies 

         Medical Plan, The Dial Corp employees 401k plans and The Dial 

         Corp MIP and PUP Trust.

         
         Item 5.   Interest in Securities of the Issuer

         
                   The first paragraph of Item 5 is amended to read in 

         its entirety as follows:

         
                   "As of January 1, 1994, the Trust held 3,923,933 

         shares of Common Stock, as to which it may be deemed to have 

         shared voting and dispositive power.  Shares of Common Stock 

         acquired pursuant to the Purchase Agreement are held in the 

         Trust's suspense account and will be released as the Trust 

         repays the Note to the Issuer and will be allocated to the 

         accounts of participants in the Plans in the manner set forth 

         in the Trust Agreement."

         














         
         
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         CUSIP NO. 25247010                        Page 5 of 5 Pages  
         



                   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:  January 31, 1994
         
         
                                       FIRST INTERSTATE BANK OF ARI-
                                       ZONA, N.A., Trustee
                                       
                                       
                                       
                                       By /s/ Charles J. Pavella
                                       ______________________________
                                           Name:  Charles J. Pavella
                                           Title: Assistant Vice
                                                  President
         



























         
         
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