UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 18)*
MERCANTILE STORES COMPANY, INC.
(Name of Issuer)
Common Stock, $.14-2/3 par value
(Title of Class of Securities)
587533 10 0
(CUSIP Number)
* 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).
<PAGE>
CUSIP No. 587533 10 0
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Minot Mercantile Corporation
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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 CITIZEN OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 10,484,875
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SHARES 6 SHARED VOTING POWER
BENEFICIALLY None
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OWNED BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING 10,484,875
---- -----------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,484,875
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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 REPRESENT BY AMOUNT IN ROW 9
28.46%
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12 TYPE OF REPORTING PERSON
CO
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<PAGE>
Item 6 is changed to read in its entirety as follows:
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Woodbank Mills, Inc. owned 49.6% of the common stock of
Minot Mercantile Corporation (49.6% of its voting
securities). Woodbank Mills, Inc. owned 27,413 shares (.07%)
of the Common Stock of the Company.
Gerrish H. Milliken may be deemed to be a controlling
person of each of Minot Mercantile Corporation and Woodbank
Mills, Inc., and therefore may be deemed to be the beneficial
owner of, and to share the power to direct the voting and/or
the disposition of, Common Stock of the Company held by such
corporations. In addition, Gerrish H. Milliken, a director of
the Company, and his spouse had direct and remainder interests
in 101,063 shares (.27%) of the Company's Common Stock held in
trusts. Gerrish H. Milliken is also the beneficial owner of an
additional 378,353 shares (1.03%) of the Company's Common
Stock as a trustee of certain trusts.
Roger Milliken may be deemed to be a controlling
person of each of Minot Mercantile Corporation and Woodbank
Mills, Inc., and therefore may be deemed to be the beneficial
owner of, and to share the power to direct the voting and/or
the disposition of, Common Stock of the Company held by such
corporations. In addition, Roger Milliken, a director of the
Company, and his spouse had direct and remainder interests in
121,560 shares (.33%) of the Company's Common Stock held in
trusts. Roger Milliken is also the beneficial owner of an
additional 4,221,764 shares (11.46%) of the Company's Common
Stock as a trustee and an advisor of certain trusts.
Minot K. Milliken may be deemed to be a controlling
person of each of Minot Mercantile Corporation and Woodbank
Mills, Inc., and therefore may be deemed to be the beneficial
owner of, and to share the power to direct the voting and/or
the disposition of, Common Stock of the Company held by such
corporations. In addition, Minot K. Milliken, a director of
the Company, had direct interests in 454,536 shares (1.23%) of
the Company's Common Stock held in trusts. Minot K. Milliken
is also the beneficial owner of an additional 400,119 shares
(1.09%) of the Company's Common Stock as a trustee and an
advisor of certain trusts.
Gerrish H. Milliken, Minot K. Milliken and Roger
Milliken, and their respective associates, as that term is
defined by the rules of the Securities and Exchange
Commission, owned beneficially a maximum of 14,898,031 shares
(40.43%) of the Common Stock of the Company. The shares listed
as beneficially owned by each of Gerrish H. Milliken, Minot K.
Milliken and Roger Milliken include shares listed as
beneficially owned by one or both of the other two. Where such
duplication exists, it has been eliminated for purposes of
this paragraph.
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: February 10, 1997
/s/ Minot K. Milliken
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Signature
Minot K. Milliken, Vice President
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Name/Title
