SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
(Rule 13d-101)
(Amendment No. 13)
Under the Securities Exchange Act of 1934
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
Johns Manville Corporation (formerly Schuller Corporation)
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
478129-10-9
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(CUSIP Number)
David T. Austern, Esq., General Counsel
Manville Personal Injury Settlement Trust
P.O. Box 10415
8260 Willow Oaks Corporate Drive
Fairfax, VA 22031
(703) 204-9300
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
April 15, 1998
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(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 that 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
[ ].
NOTE: Schedules files in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
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CUSIP NO. - 478129-10-9
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Manville Personal Injury Settlement Trust; I.R.S.
Identification No. 43-1301883
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not Applicable
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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7. SOLE VOTING POWER
NUMBER OF 124,927,110
SHARES -----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH -----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 124,927,110
WITH -----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
124,927,110
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12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[_]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.8%
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14. TYPE OF REPORTING PERSON
OO
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CUSIP NO. - 478129-10-9
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Robert A. Falise*
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not Applicable
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 124,927,110
EACH -----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
10. SHARED DISPOSITIVE POWER
124,927,110
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* Mr. Falise disclaims beneficial ownership of the shares of Common Stock
owned by the Trust.
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<PAGE>
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
124,927,110
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12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|_|
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.8%
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14. TYPE OF REPORTING PERSON
IN
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CUSIP NO. - 478129-10-9
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Louis Klein, Jr.*
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not Applicable
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 124,927,110
EACH -----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
10. SHARED DISPOSITIVE POWER
124,927,110
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* Mr. Klein disclaims beneficial ownership of all shares of Common Stock
owned by the Trust.
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<PAGE>
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
124,927,110
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12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|_|
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.8%
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14. TYPE OF REPORTING PERSON
IN
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CUSIP NO. - 478129-10-9
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Frank J. Macchiarola*
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not Applicable
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 124,927,110
EACH -----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
10. SHARED DISPOSITIVE POWER
124,927,110
-----------------------------------------------------
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* Mr. Macchiarola disclaims beneficial ownership of the shares of Common Stock
owned by the Trust.
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<PAGE>
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
124,927,110
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12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|_|
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.8%
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14. TYPE OF REPORTING PERSON
IN
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<PAGE>
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CUSIP NO. - 478129-10-9
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Christian E. Markey, Jr.*
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not Applicable
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 124,927,110
EACH -----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
10. SHARED DISPOSITIVE POWER
124,927,110
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* Judge Markey disclaims beneficial ownership of all shares of Common Stock
owned by the Trust.
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<PAGE>
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
124,927,110
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12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|_|
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.8%
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14. TYPE OF REPORTING PERSON
IN
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<PAGE>
AMENDMENT NO. 13 TO SCHEDULE 13D
RELATING TO THE COMMON STOCK OF
JOHNS MANVILLE CORPORATION
This Amendment No. 13 (this "Amendment") filed by the Manville
Personal Injury Settlement Trust, a New York trust (the "Trust"), Robert A.
Falise (a Trustee of the Trust), Louis Klein, Jr. (a Trustee of the Trust),
Frank J. Macchiarola (a Trustee of the Trust) and Christian E. Markey, Jr. (a
Trustee of the Trust, and together with Messrs. Falise, Klein and Macchiarola,
the "Trustees"), amends and supplements the Statement on Schedule 13D relating
to the Trust's ownership of shares of Common Stock, par value $.01 per share
(the "Common Stock") of Johns Manville Corporation (formerly known as Schuller
Corporation), a Delaware Corporation ("the Company") filed with the Securities
and Exchange Commission on December 8, 1988 by the Trust and its former trustees
and the previous amendments and supplements thereto (as previously amended and
supplemented, the "Schedule 13D"). Capitalized terms used but not defined herein
shall have the meaning ascribed to such terms in the Schedule 13D.
Item 4. Purpose of the Transaction.
Item 4 of the Schedule 13D is hereby further amended and supplemented
as follows:
On April 15, 1998, the Trust sold 3,600,000 shares of Common Stock to
the Company pursuant to Share Repurchase Agreement, dated as of April 14, 1998
between the Company and the Trust (the "Purchase Agreement").
The Trust periodically evaluates its investment in the Company in light
of, among other things, the Company's performance, the Trust's purposes and cash
needs, and market conditions and may determine to sell from time to time some or
all of the shares of Common Stock which the Trust presently holds through open
market sales, privately negotiated transactions or otherwise.
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<PAGE>
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended and supplemented as
follows:
Following the consummation of the sale pursuant to the Purchase
Agreement, the Trust has sole power to dispose of and to vote 124,927,110 shares
of Common Stock. The Trustees share the power to direct the disposition or the
voting of the 124,927,110 shares of Common Stock held by the Trust.
Such 124,927,110 shares of Common Stock represent approximately 78.8%
of the 158,576,088 shares of Common Stock outstanding on November 9, 1998 as
reported in the Company's Quarterly Report on Form 10-Q for the quarterly period
ended September 30, 1998.
Pursuant to the Purchase Agreement, the Trust sold, in a non-public
transaction, 3,600,000 shares of Common Stock to the Company at a price of
$13.00 per share of Common Stock equaling a total purchase price of $46,800,000.
Each of the Trustees' hereby disclaims beneficial ownership of all of
the shares of Common Stock owned by the Trust.
Item 6. Contracts, Arrangements, Undertakings or Relationships with Respect to
Securities of the Issuer.
Item 6 of the Schedule 13D is hereby further amended and supplemented
by incorporating the responses contained in Items 4 and 5 of this Amendment.
Item 7. Material to be Filed as Exhibits.
Exhibit 1 -- Share Repurchase Agreement, dated as of April 14, 1998
between the Company and the Trust (incorporated by
reference to Exhibit 10.1 to the Company's Quarterly
Report on Form 10-Q for the quarterly period ended
March 31, 1998)
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<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this Amendment is true,
complete and correct.
Dated: December 17, 1998
MANVILLE PERSONAL INJURY SETTLEMENT
TRUST
By: /s/Robert A. Falise
_______________________________
Name: Robert A. Falise
Title: Trustee
By: /s/Louis Klein, Jr.
_______________________________
Name: Louis Klein, Jr.
Title: Trustee
By: /s/Frank J. Macchiarola
_______________________________
Name: Frank J. Macchiarola
Title: Trustee
By: /s/Christian Markey, Jr.
_______________________________
Name: Christian E. Markey, Jr.
Title: Trustee
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