SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
General Housewares Corp.
(Name of Issuer)
Common Stock, par value $.33-1/3
(Title of Class of Securities)
370073108
(Cusip Number)
John A. (Pete) Bricker, Jr.
1601 Elm Street, Suite 4000
Dallas, Texas 75201
(214)720-1688
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 26, 1999
(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(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
*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.
The information required on 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>
Pursuant to Rule 13d-2(a) of Regulation 13D-G of the General Rules and
Regulations under the Securities Exchange Act of 1934, as amended (the "Act"),
the undersigned hereby amend their Schedule 13D Statement dated April 8, 1998,
as amended by Amendment No. 1 dated May 15, 1998, as amended by Amendment No. 2
dated June 8, 1998, as amended by Amendment No. 3 dated July 14, 1998, as
amended by Amendment No. 4 dated July 21, 1998, as amended by Amendment No. 5
dated September 28, 1998, as amended by Amendment No. 6 dated November 17, 1998
(the "Schedule 13D"), relating to the Common Stock, par value $.33-1/3 per share
(the "Stock"), of General Housewares Corp. Unless otherwise indicated, all
defined terms used herein shall have the same meanings respectively ascribed to
them in the Schedule 13D.
ITEM 4. PURPOSE OF TRANSACTION
Item 4 is hereby amended by adding at the end thereof the following:
Mr. John A. (Pete) Bricker, Jr., is resigning from the Issuer's Board
of Directors and, pursuant to Item 6 of Form 8-K, is submitting to the Issuer a
letter describing the reasons therefor, and requesting that the Issuer make such
letter public.
Except as set forth in this Item 4, the Reporting Persons have no
present plans or proposals that relate to or that would result in any of the
actions specified in clauses (a) through (j) of Item 4 of Schedule 13D of the
Act.
<PAGE>
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: May 27, 1999
SANDERA PARTNERS, L.P.
By: Sandera Capital Management, L.P., its general partner
By: Sandera Capital, L.L.C., its general partner
By: /s/ John A. (Pete) Bricker, Jr.
John A. (Pete) Bricker, Jr., President
NEWCASTLE PARTNERS, L.P.
By: /s/ John A. (Pete) Bricker, Jr.
John A. (Pete) Bricker, Jr.,
Attorney-in-Fact for:
Mark E. Schwarz (1)
(1) A Power of Attorney authorizing John A. (Pete) Bricker, Jr., et al., to act
on behalf of Mark E. Schwarz previously has been filed with the Securities and
Exchange Commission.
<PAGE>
EXHIBIT INDEX
EXHIBIT DESCRIPTION
99.1 Agreement and Power of Attorney pursuant to Rule
13d-1(k)(1)(iii), previously filed.
99.2 Agreement and Power of Attorney pursuant to Rule
13d-1(k)(1)(iii), previously filed.
