SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
(Amendment No. 10)(1)
LCS Industries, Inc.
(Name of Issuer)
Common Stock
Par Value $.01 per share
(Title of Class of Securities)
501822 20 9
(CUSIP Number)
Check the following box if a fee is being paid with the 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.)
(1)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 1 of 5 Pages
<PAGE>
CUSIP No. 501822 20 9 Page 2 of 5 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Estate of Arnold J. Scheine 58-6354840
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
5 SOLE VOTING POWER
NUMBER OF 690,702
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 690,702
WITH
8 SHARED DISPOSITIVE POWER
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
690,702
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.16%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 501822 20 9 Page 3 of 5 Pages
Item 1(a): Name of Issuer:
LCS Industries, Inc.
Item 1(b): Address of Issuer's Principal Executive Office:
120 Brighton Road
Clifton, New Jersey 07012-1694
Item 2(a): Name of Persons Filing:
The Estate of Arnold J. Scheine
Item 2(b): Address of Principal Business Office, or, If none,
Residence:
189 Deerfield Lane North
Pleasantville, New York 10570
Item 2(c): Citizenship:
U.S.A.
Item 2(d): Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e): CUSIP Number:
501822 20 9
Item 3: If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not Applicable.
Item 4: Ownership:
(a) Amount Beneficially Owned on December 31, 1997:
690,702*
<PAGE>
CUSIP No. 501822 20 9 Page 4 of 5 Pages
(b) Percent of Class (as of December 31, 1997):
14.16%*
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
690,702*
(ii) shared power to vote or to direct the vote -0-
(iii) sole power to dispose or to direct the
disposition of
690,702
(iv) shared power to dispose or to direct the
disposition of
Item 5: Ownership of Five Percent or Less of a Class:
Not Applicable.
Item 6: Ownership of More than Five Percent on Behalf of Another
Person:
Not Applicable.
Item 7: Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company:
Not Applicable.
Item 8: Identification and Classification of Members of the Group:
Not Applicable.
Item 9: Notice of Dissolution of Group:
Not Applicable.
* The Estate of Arnold J. Scheine disclaims ownership of 7,330 shares held by
Helene Scheine, the wife of the late Arnold J. Scheine, which are not
included in the amount shown. Also included are 270,000 shares subject to
stock options exercisable within 60 days.
<PAGE>
CUSIP No. 501822 20 9 Page 5 of 5 Pages
Item 10: Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held 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 and are not held in
connection with or as participant in any transaction having such purposes or
effect.
The signature of the filing person constitutes the agreement of such
person that this Amendment No. 10 to Schedule 13G is being filed on behalf of
such person.
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 29, 1998
/s/ Jeffrey Scheine
- ----------------------
Signature
Jeffrey Scheine
Personal Representative of the
Estate of Arnold J. Scheine
Name/Title:
