SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7 )*
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FLORIDA PUBLIC UTILITIES COMPANY
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(Name of Issuer)
COMMON STOCK PAR VALUE $1.50
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(Title of Class of Securities)
341135101
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(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).
(Continued on following page(s))
<PAGE>
CUSIP No. 341135101 13G
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Growth Stock Outlook, Inc.
52-0890217
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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. CITIZENSHIP OR PLACE OF CORPORATION
Maryland
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5. SOLE VOTING POWER
NUMBER OF 50,968
SHARES -------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 61,755
WITH -------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
- ------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,755
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.3428%
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12. TYPE OF REPORTING PERSON*
1A
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* SEE INSTRUCTION BEFORE FILLING OUT
<PAGE>
CUSIP No. 341135101 13G
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles Allmon
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------------------------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF CORPORATION
U.S.A.
- ------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 50,968
SHARES -------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 61,755
WITH -------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
- ------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,755
- ------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.3428%
- ------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
- ------------------------------------------------------------------------------
* SEE INSTRUCTION BEFORE FILLING OUT
<PAGE>
Item 1(a) - NAME OF ISSUER:
Florida Public Utilities Company
Item 1(b) - ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
P.O. Box 3395
West Palm Beach, Florida 33402-3395
Item 2(a) - NAME OF PERSON FILING:
Growth Stock Outlok, Inc.
Item 2(b) - ADDRESS OF PRINCIPAL BUSINESS OFFICE:
4405 East-West Highway, Ste. 305
Bethesda, MD 20814
Item 2(c) - CITIZENSHIP:
Maryland
Item 2(d) - TITLE OF CLASS OF SECURITIES:
Common Stock Par Value $1.50
Item 2(e) - CUSIP NUMBER:
341135101
Item 3 - THIS STATEMENT IS FILED PURSUANT TO RULES 13-d-1(b), OR 13d-2(b),
AND THE PERSON FILING IS AN:
Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940 (See Exhibits A & B)
Item 4 - OWNERSHIP:
(a) Amount Beneficially Owned: 61,755
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(b) Percent of Class: 4.3428%
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 50,968
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(ii) shared power to vote or to direct the vote 0
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<PAGE>
(iii) sole power to dispose or direct the disposition of 61,755
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(iv) shared power to dispose or direct the disposition of 0
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Item 5 - OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
As of December 31, 1993 Growth Stock Outlook, Inc., as Investment
Adviser, and Charles Allmon have ceased to be beneficial owners of
more than five percent of the total common stock of Florida
Public Utilities.
Item 6 - OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
N/A
Item 7 - IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
See Exhibits A & B
Item 8 - IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
N/A, see attached Exhibit A
Item 9 - NOTICE OF DISSOLUTION OF GROUP:
N/A
<PAGE>
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.
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.
January 28, 1994 January 28, 1994
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DATE DATE
Charles Allmon Charles Allmon
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SIGNATURE SIGNATURE
Charles Allmon, President
Growth Stock Outlook, Inc. Charles Allmon, Individual
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TITLE TITLE
EXHIBIT A
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO THE RULE 13d-1(b) or 13d-2(b)
Pursuant to the instructions in Item 7 of Schedule 13G, Growth Stock
Outlook, Inc. ("GSO") an investment adviser registered under Section 203
of the Investment Advisers Act of 1940, as amended, is the beneficial owner
of the securities in the amounts described herein as a result of acting as
investment adviser to several managed accounts and an investment company
registered under Section 8 of the Investment Company Act of 1940, as amended.
Charles Allmon, the President, Treasurer and majority shareholder of
GSO, has sole power to dispose of the securities described herein.
EXHIBIT B
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO THE RULE 13d-1(b) or 13d-2(b)
RULE 13d-1 (e) AGREEMENT
The undersigned persons on this 11th day of February, 1994, agree and
consent to the joint filing on their behalf of this Schedule 13g in
connection with their beneficial ownership of the securities described herein.
GROWTH STOCK OUTLOOK, INC.
By: CHARLES ALLMON
By: Charles Allmon
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CHARLES ALLMON
By: Charles Allmon
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