SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________
AMENDED SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.)1
Kinark Corporation
(Name of Issuer)
Common Stock, $.10 value
(Title of class of securities)
494474-10-9
(CUSIP number)
Michael T. Crimmins
15 Doremus Drive, Towaco, N.J. 07082; (201) 334-5910
(Name, address and telephone number of person
authorized to receive notices and communications)
May 5, 1995
(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 follow box "[]".
Check the following box if a fee is being paid with the statement "[X]".
(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.
(Continued on following pages)
(Page 1 of 4 Pages)
- ----------------
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 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>
3058 SCHEDULE 13D
CUSIP NO. 13D PAGE 2 OF 4 PAGES
1 NAME OF REPORT PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Michael T. Crimmins
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) "[]"
(b) "[]"
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e) "[]"
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 363,300
BENEFICIALLY
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING
PERSON WITH 9 SOLE DISPOSITIVE POWER
363,300
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT OF BENEFICIALLY OWNED BY EACH REPORTING PERSON
363,300
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) "[]"
EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (1)
9.7
14 TYPE OF REPORTING PERSON*
IN<PAGE>
Page 3 of 4 Pages
KINARK CORPORATION Schedule 13D
(CUSIP NO. 494474-10-9) Michael T. Crimmins
ITEM 1. SECURITY AND ISSUER
This statement relates to the common shares, par value $.10 per share (the
"Common Stock"), of Kinark Corporation, a Delaware corporation (the "Issuer").
The principal executive offices of the Issuer are located at 7060 South Yale
Avenue, Tulsa, Oklahoma 74101-1499.
ITEM 2. IDENTITY AND BACKGROUND
This statement is filed with respect to Michael T. Crimmins, whose address
is 15 Doremus Drive, Towaco, N.J. 07082. Mr. Crimmins is an individual
investor in the Common Stock of the Issuer.
Mr. Crimmins has not, during the last five years, been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors).
Mr. Crimmins has not, during the past five years, been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction which
resulted in a judgment, decree or final order enjoining future violations of or
prohibiting or mandating activities subject to, Federal or State securities
laws or a finding of any violation with respect to such laws. Mr. Crimmins is
a United States Citizen.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Mr. Crimmins paid cash for the shares acquired at a price approximating
the then current trading price of the Common Stock on the American Stock
Exchange.
ITEM 4. PURPOSE OF TRANSACTION
Mr. Crimmins acquired the shares of Common Stock for personal investment
purposes. Mr. Crimmins may purchase additional securities of the Issuer in the
future.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Prior to the purchase reflected in this filing, Mr. Crimmins owned
directly 18,000 shares of the Issuer's Common Stock. Mr. Crimmins currently
owns 363,300 shares of Kinark Common Stock for which he has sole voting power,
representing 9.7 percent of the currently outstanding shares.
The transaction was effected pursuant to a contract in which a change of
control of the seller, Northbridge Holdings, Inc., occurred. In that
transaction, the transfer of 345,300 shares from Northbridge Holdings, Inc. to
Mr. Crimmins occurred on May 5, 1995, at a price approximating the then current
trading price of the Issuer's Common Stock on the American Stock Exchange
ITEM 6. CONTRACTS, ARRANGEMENT, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
None.<PAGE>
Page 4 of 4 Pages
Schedule 13D
Michael T. Crimmins
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.
June 7, 1995
(Date)
/s/ Michael T. Crimmins
(Signature)
Michael T. Crimmins
(Name)<PAGE>
Page __ of __ Pages
Amendment No. 1
Schedule 13D
Michael T. Crimmins
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)
(Signature)
Michael T. Crimmins
(Name)
