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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(RULE 13D-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 3)
JOHNSTON INDUSTRIES, INC.
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(Name of Issuer)
COMMON STOCK, $.10 PAR VALUE
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(Title of Class of Securities)
361719 10 7
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(CUSIP Number)
Estate of David L. Chandler, Deceased
c/o John Rau, Esq.
Gunster, Yoakley & Stewart, P.A.
777 South Flagler Drive, Suite 500 East Tower
West Palm Beach, Florida 33401
(561) 655-1980
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
MAY 10, 2000
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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 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 [ ].
NOTE: Schedules filed 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.
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 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act.
Page 1 of 5 Pages
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AMENDMENT NO. 3 TO
SCHEDULE 13D
CUSIP NO. 361719 10 7 Page 2 of 5 Pages
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(1) NAMES OF REPORTING PERSONS
Estate of David L. Chandler, deceased
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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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 ITEM 2(d) or 2(e) [ ]
N/A
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
State of Florida
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(7) SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH 0
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(10) SHARED DISPOSITIVE POWER
0
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
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(14) TYPE OF REPORTING PERSON
OO
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AMENDMENT NO. 3 TO
SCHEDULE 13D
CUSIP NO. 361719 10 7 Page 3 of 5 Pages
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(1) NAMES OF REPORTING PERSONS
Allyn P. Chandler
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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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 ITEM 2(d) or 2(e) [ ]
N/A
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
State of Florida
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(7) SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH 0
--------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
0
--------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
---------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
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(14) TYPE OF REPORTING PERSON
OO
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AMENDMENT NO. 3 TO
SCHEDULE 13D
CUSIP NO. 361719 10 7 Page 4 of 5 Pages
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(1) NAMES OF REPORTING PERSONS
Ann P. Chandler
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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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 ITEM 2(d) or 2(e) [ ]
N/A
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
State of Florida
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(7) SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH 0
--------------------------------------------------------
(10) SHARED DISPOSITIVE POWER
0
--------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
---------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
---------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
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(14) TYPE OF REPORTING PERSON
OO
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AMENDMENT NO. 3 TO SCHEDULE 13D
This Amendment No. 3 amends and supplements the Statement on Schedule
13D filed with the Commission on March 12, 1999, and all subsequent amendments.
The items of the Schedule 13D referred to below are amended and supplemented by
the addition of the information indicated.
Item 5. INTEREST IN SECURITIES OF THE ISSUER, is amended in its entirety to read
as follows:
a.-b. As of the date of this report, none of the Estate, Ann Chandler
and Allyn Chandler holds any sole or shared voting or investment power with
respect to any shares of the issuer.
c. JI Acquisition Corp., an unaffiliated entity, has reported that on
May 10, 2000, it (a) acquired 90.8% of the issued and outstanding shares of the
issuer at price of $3.00 per share through a tender offer and additional
purchases and (b) completed a short-form merger in which the remaining shares of
the issuer were converted into the right to receive $3.00 per share.
d. Not applicable.
e. As of May 10, 2000, the Estate, Ann Chandler and Allyn Chandler
ceased to be the beneficial owners of more than five percent of the issuer's
common stock.
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: July 17, 2000
Estate of David L. Chandler, Deceased
By: /s/ Allyn P. Chandler
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Allyn P. Chandler,
Co-Personal Representative
/s/ Allyn P. Chandler
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Allyn P. Chandler
/s/ Ann P. Chandler
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Ann P. Chandler
Page 5 of 5 Pages
