HUNTINGTON TRUST CO N A
SC 13D, 1997-02-19
Previous: HUBBELL INC, SC 13G, 1997-02-19
Next: IDS LIFE VARIABLE ANNUITY FUND A, 24F-2NT, 1997-02-19



<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                 SCHEDULE 13D

                 Under the Securities Exchange Act of 1934
                            (Amendment No.          )*
                                          ---------

                               The Raymond Corporation
           --------------------------------------------------------
                                (Name of Issuer)

                       Common Shares, $1.50 par value per share
           --------------------------------------------------------
                          (Title of Class of Securities)

                                     754-688-109
           --------------------------------------------------------
                                 (CUSIP Number)

                                  DAVID JONES, ESQ.
                           41 SOUTH HIGH STREET, 11TH FLOOR
                                COLUMBUS, OHIO  43215
                               TELEPHONE: (614)480-4258
           --------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                                  February 18, 1997
           --------------------------------------------------------
            (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(b)(3) or (4), check the following box /X/.

   Check the following box if a fee is being paid with this statement  / /.  (A
fee is not required only if the reporting 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.)

   NOTE:  Six copies of this statement, including all exhibits, should be filed
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are to
be sent.

   *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).


                        (Continued on following page(s))

                              Page 1 of     Pages
                                        --- 


<PAGE>

CUSIP No. 754-688-109                 13D                 Page     of     Pages
          -----------                                          ---    --- 


- -------------------------------------------------------------------------------
 (1) Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
     Persons

         The Huntington Trust Company, N.A.     EIN 31-1232181
- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  /X/
     of a Group*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Source of Funds*
         Not Applicable
- -------------------------------------------------------------------------------
 (5) Check if Disclosure of Legal Proceedings is Required Pursuant to
     Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
 (6) Citizenship or Place of Organization
         Organized under the laws of the United States
- -------------------------------------------------------------------------------
Number of Shares              (7) Sole Voting
 Beneficially Owned                 Power                  17,207 (A)
 by Each Reporting           --------------------------------------------------
 Person With                  (8) Shared Voting
                                    Power                  384,987 (B)(C)
                             --------------------------------------------------
                              (9) Sole Dispositive
                                    Power                  15,153
                             --------------------------------------------------
                             (10) Shared Dispositive
                                    Power                  1,014,352(C)
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
         1,031,559(C)
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
         13.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
         BK
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!

(A) The reporting person currently intends to vote 15,153 of these shares as
    disclosed in Item 5 of this Schedule.

(B) The reporting person has an understanding to vote 252,851 of these shares,
    and anticipates voting an additional 921 of these shares, as disclosed in
    Item 5 of this Schedule.  In addition, the reporting person has received or
    expects to receive instructions to vote 131,215 of these shares as 
    disclosed in a separate Form 13D being filed by George G. Raymond, Jr., 
    et al., as reporting persons.

(C)[This number includes shares subject to Schedule 13D filed by others. 
    Reference is made to a Schedule 13D being filed on or about February 19,
    1997 by George G. Raymond, Jr., et al., and a Schedule 13D being filed
    on or about February 18, 1997 by Metropolitan Capital Advisors, Inc.]

<PAGE>                                                          Page     of   
  Pages                                                                ---    
- --- 

ITEM 1.  SECURITY AND ISSUER

    The securities to which this Schedule 13D relates are the shares of Common
Stock, $1.50 par value ("Common Stock") of The Raymond Corporation, a New York
Corporation ("Issuer"), whose principal executive offices are located at South
Canal Street, Greene, New York  13778.

ITEM 2.  IDENTITY AND BACKGROUND

    This Schedule is being filed by The Huntington Trust Company, N.A.
("Huntington") which is a national association organized under the laws of the
United States of America, and whose principal business is fiduciary and custody
administration and operation.  The address of Huntington's principal business
and principal office is 41 South High Street, Columbus, Ohio  43215.

    During the last five years, Huntington has not been (a) convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) or
(b) a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.

    The authority for voting and disposing of the Common Stock which is the
subject of this Schedule is exercised by an investment committee ("Investment
Committee") consisting of the following three individuals: Gail S.T. Webster,
Gustave J. Seasongood and Craig S. Loescher (collectively, "Investment Committee
Members").  The business address of each of the Investment Committee Members is
The Huntington Trust Company of Florida, N.A., 8889 Pelican Bay Boulevard, Suite
100, Naples, Florida  33963.  Each of the Investment Committee members is a
trust officer employed by The Huntington Trust Company of Florida, N.A., and the
principal business and address where such employment is conducted is 8889
Pelican Bay Boulevard, Suite 100, Naples, Florida  33963.

    During the last five years none of the Investment Committee Members has
been (a) convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors) or (b) a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.  Each
of the Investment Committee Members is a citizen of the United States of
America.

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

    Not Applicable

ITEM 4.  PURPOSE OF TRANSACTION

    See Item 5.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

    Huntington has heretofore filed Schedules 13G reporting beneficial 
ownership of shares of Common Stock. The aggregate number of such shares 
beneficially owned, within the meaning of this Schedule, by Huntington as of 
February 18, 1997 are:

          17,207   Shares with sole voting power
         384,987   Shares with shared voting power
          15,153   Shares with sole dispositive power
       1,014,352   Shares with shared dispositive power

for an aggregate of 1,031,559 shares or 13.9% of the outstanding shares of the
class of securities identified in Item 1 of this Schedule.  All of these shares
are held in trusts of which Huntington is a trustee or co-trustee for the
benefit of persons other than the Huntington.

    With respect to 131,215 shares of the 384,987 shares with shared voting 
power, Huntington has received or expects to receive instructions, which 
Huntington intends to follow, to vote such 131,215 shares in favor of the 
slate of directors proposed by Metropolitan Capital Advisors, Inc., for 
election at the 1997 annual meeting of shareholders and certain bylaw 
amendments advisable to cause election of such slate as disclosed in a 
separate Form 13D being filed on or about February 19, 1997 by George G. 
Raymond, Jr. et al., as reporting persons.

    With respect to another 252,851 shares of the 384,987 shares with shared 
voting power, pursuant to a delegation of authority to Huntington, Huntington 
has reached an understanding (revocable by Huntington at any time) that such 
252,851 shares will be voted in favor of the slate of directors proposed by 
Metropolitan Capital Advisors, Inc., for election at the 1997 annual meeting 
of shareholders and certain bylaw amendments advisable to cause election of 
such slate. Huntington understands that these 252,851 shares are included in 
a Schedule 13D filed on or about February 18, 1997 by Metropolitan Capital 
Advisors, Inc. With respect to another 921 shares of the 384,987 shares with 
shared voting power, Huntington anticipates that such 921 shares will be 
voted in favor of the slate of directors proposed by Metropolitan Capital 
Advisors, Inc., for election at the 1997 annual meeting of shareholders and 
certain bylaw amendments advisable to cause election of such slate.

    With respect to 15,153 shares of the 17,207 shares with sole voting power,
Huntington currently intends that it will vote such 15,153 shares in favor of
the slate of directors proposed by Metropolitan Capital Advisors, Inc., for
election at the 1997 annual meeting of shareholders and certain bylaw amendments
advisable to cause election of such slate.

ITEM 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
          TO SECURITIES OF THE ISSUER.

         See Item 5.

ITEM 7.  MATERIAL TO BE FILED AS EXHIBITS

         None


                                  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.


                                       February 19, 1997
                                       ----------------------------------------
                                       (Date

                                       /s/ David A. Jones
                                       ----------------------------------------
                                       (Signature)

                                       Assistant Vice President
                                       ----------------------------------------
                                       (Name/Title)



    



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