FIRST CHICAGO CORP
SC 13G/A, 1994-02-14
NATIONAL COMMERCIAL BANKS
Previous: FIRST CHICAGO CORP, SC 13G/A, 1994-02-14
Next: FIRST CHICAGO CORP, SC 13G, 1994-02-14



<PAGE>

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON D.C. 20549


                                 SCHEDULE 13G

                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
                            (AMENDMENT NO. 1)*
                                          ---  


                       SERVICEMASTER LIMITED PARTNERSHIP
                       ---------------------------------
                                (Name of Issuer)

                           Public Partnership Shares
                           -------------------------
                        (Title of Class of Securities)

                                  817615 10 7
                                  -----------
                                (CUSIP Number)


Check the following box if a fee is being paid with this statement / /.  (A fee
is not required only if the filing 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 the
disclosures provided in a prior cover page.

The information required in 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>

  CUSIP No. 817615 10 7                   13G                Page 2 of 7 Pages
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
                          
            The First National Bank of Chicago 36-0899825 
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [x]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
            

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    
            United States

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5     
     NUMBER OF                1,748,779 shares
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6    
                              -0-
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7     
    REPORTING                 139,949 shares 
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8    
                              1,613,330 shares
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9    
            1,757,779 shares

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10                  
 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11    
            2.40%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
            BK

- ------------------------------------------------------------------------------

<PAGE>

  CUSIP No. 817615 10 7                   13G                Page 3 of 7 Pages
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
                          
            First Chicago Corporation 36-2669970 
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [x]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
            

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    
            Delaware

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5     
     NUMBER OF                -0- 
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6    
                              -0- 
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7     
    REPORTING                 -0- 
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8    
                              -0-
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9    
            None except indirectly through one or more subsidiaries as reported
            herein. See Item 4.
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10                  
 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11    
            -0-

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
            CO HC

- ------------------------------------------------------------------------------

<PAGE>

Item 1(a).   Name of Issuer:
             -------------- 

             Servicemaster Limited Partnership (the "Company")

Item 1(b).   Address of Issuer's Principal Executive Offices:
             ----------------------------------------------- 

             One Servicemaster Way
             Downers Grove, Illinois 60515

Item 2(a).   Name of Person Filing:
             --------------------- 

             First Chicago Corporation ("FCC") is filing this statement on
             behalf of itself and its wholly-owned subsidiary, The First
             National Bank of Chicago ("FNBC").  The original Schedule 13G was
             filed by FCC on behalf of itself and its wholly-owned subsidiary,
             Gary-Wheaton Bank ("GWB"). During 1993, GWB was merged into FNBC, a
             sister banking association. Exhibit A attached hereto contains the
             agreement of FCC and FNBC to file joint disclosure statements on
             Schedule 13G.

Item 2(b).   Address of Principal Business Office:
             ------------------------------------ 

             For FCC and FNBC:
             One First National Plaza
             Chicago, Illinois 60670

Item 2(c).   Citizenship:
             ----------- 

             FNBC is a national banking association organized under the laws of
             the United States.  FCC is a corporation organized under the laws
             of the State of Delaware.

Item 2(d).   Title of Class of Securities:
             ---------------------------- 

             Public Partnership Shares (the "Shares")

Item 2(e).   CUSIP Number
             ------------

             817615 10 7

Item 3.      Type of Person Filing:
             --------------------- 

             (b)  FNBC is a Bank as defined in section 3(s)(6) of the Act.
             (g)  FCC is a Parent Holding Company in accordance with 
                  (S)240.13d-1(b)(ii)(G).

Item 4.      Ownership:
             --------- 

             (a)-(b)  FCC may be deemed beneficially to own Shares solely
             through its ownership of FNBC and First Chicago Trust Company of
             Illinois ("FCT").  FNBC holds solely in a fiduciary capacity
             1,811,631 Shares of the Company, representing 2.47% of the
             Company's outstanding Shares. FCT holds solely

<PAGE>

             in a fiduciary capacity 2,250 Shares.  For purposes of Regulation
             13D-G, FCC and FNBC may no longer be considered Reporting Persons.

             (c)  FNBC has sole voting power over 1,773,631 Shares, shared
             voting power over 5,000 Shares, sole dispostive power over 144,949
             shares and shared dispositive power over 1,622,830 Shares.  FCT has
             sole voting power for 2,250 Shares.

             Also, see items 5 through 9 and item 11 on pages two and three
             hereof.

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 5 percent of the class of securities, check the
             following ( X ).

Item 6.      Ownership of More Than Five Percent on Behalf of Another Person:
             ----------------------------------------------------------------

             Not applicable.

Item 7.      Identification and Classification of the Subsidiary Which Acquired 
             the Security Being Reported On by the Parent Holding Company:
             ------------------------------------------------------------------

             See Items 2(a) and 3.

Item 8.      Identification and Classification of Member of the Group:
             -------------------------------------------------------- 

             Not applicable.

Item 9.      Notice of Dissolution of Group:
             ------------------------------ 

             Not applicable.

Item 10.     Certification:
             ------------- 

             By signing below I certify that, to the best of my knowledge and
             belief, the securities referred to above were acquired in the
             ordinary course of business and were not acquired for the purpose
             of and do not have the effect of changing or influencing the
             control of the issuer of such securities and were not acquired in
             connection with or as a participant in any transaction having such
             purpose or effect.

Disclaimer
- ----------

   First Chicago Corporation expressly declares that the filing of this
statement shall not be construed as an admission that First Chicago Corporation,
is, for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act of
1934, the beneficial owner of any securities covered by this statement.

<PAGE>

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.

Date:  February 11, 1994

                                           FIRST CHICAGO CORPORATION


                                                /s/ David P. Bolger
                                           By:  _______________________
                                                David P. Bolger
                                                Senior Vice President and
                                                 Treasurer


                                           THE FIRST NATIONAL BANK OF CHICAGO


                                                /s/ David P. Bolger
                                           By:  _______________________
                                                David P. Bolger
                                                Senior Vice President
<PAGE>

                                   EXHIBIT A



                                   AGREEMENT
                                   ---------


   The undersigned hereby agree, pursuant to (S)240.13d-1(f)(1), that the
statement on Schedule 13G (including all amendments thereto) to which this
Agreement is attached is to be filed on behalf of each of the undersigned and
that First Chicago Corporation may file a Schedule 13G pursuant to Rule 13d-1
under the Securities Exchange Act of 1934, and all amendments to such Schedule,
with respect to Public Partnership Shares of Servicemaster Limited Partnership.

Date:  February 11, 1994

                                           FIRST CHICAGO CORPORATION


                                                /s/ David P. Bolger
                                           By:  _______________________
                                                David P. Bolger
                                                Senior Vice President and
                                                 Treasurer


                                           THE FIRST NATIONAL BANK OF CHICAGO


                                                /s/ David P. Bolger
                                           By:  _______________________
                                                David P. Bolger
                                                Senior Vice President


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