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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
Gantos, Inc.
Common Stock
36473U105
Check the following box if a fee is being paid with their statement /X/ . (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 their 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.)
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Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
First Chicago NBD Corporation 38-1984850
2. Check the Appropriate Box of a member if A Group*
(a) / /
(b) /X/
3. SEC Use Only
4. Citizenship or Place of Organization
Delaware
Number of 5. Sole Voting Power
Shares -0-
Beneficially 6. Shared voting Power
Owned by -0-
Each 7. Sole Dispositive Power
Reporting -0-
Person With 8. Shared Dispositive Power
-0-
9. Aggregate Amount beneficially owned by Each Reporting person
None except indirectly through NBD Bank (Michigan) as reported
herein. See Item 4.
10. Check box if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class represented by Amount in Row 9
-0-
12. Type of Reporting Person*
HC
sec 1745 (6-80) SEE INSTRUCTION BEFORE FILLING OUT!
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Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
NBD Bank (Michigan)
2. Check the Appropriate Box of a member if A Group*
(a) / /
(b) /X/
3. SEC Use Only
4. Citizenship or Place of Organization
Michigan
Number of 5. Sole Voting Power
Shares 740,570 shares
Beneficially 6. Shared voting Power
Owned by -0-
Each 7. Sole Dispositive Power
Reporting 740,570 shares
Person With 8. Shared Dispositive Power
-0-
9. Aggregate Amount beneficially owned by Each Reporting person
740,570 shares; See Item 4.
10. Check box if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class represented by Amount in Row 9
9.8%
12. Type of Reporting Person*
BK
sec 1745 (6-80) SEE INSTRUCTION BEFORE FILLING OUT!
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SEC 13G 3
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13g
Item 1(a) Name of Issuer:
Gantos, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
3260 Patterson, S.E.
Grand Rapids, MI 49512
Item 2(a) Name of Person filing:
First Chicago NBD Corporation ("FCN") is filing this statement on
behalf of itself and NBD Bank (Michigan) ("NBD"), its
wholly-owned subsidiary. The agreement of FCN and NBD to file
joint disclosure statements on Schedule 13G is filed as Exhibit A
hereto.
Item 2(b) Address of Principal Business Offices:
For FCN: For NBD:
One First National Plaza 611 Woodward Avenue
Chicago, IL 60670 Detroit, MI 48226
Item 2(c) Citizenship
FCN is a corporation organized under the laws of the State of
Delaware. NBD is a banking corporation organized under the laws
of the State of Michigan.
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) Cusip No.:
36473U105
Item 3 This statement is filed pursuant to Rules 13 d-1(b) of the Act
by FCN as the parent holding company of NBD as a Bank, in
accordance with Section 240.13d-1 (b)(ii) (g) of the Act.
Item 4 Ownership:
The shares listed below were held by NBD as of December 31, 1995
as a result of a bankruptcy court-approved plan of reorganization
under which NBD received the shares in partial fulfilment of
then-outstanding credits to Gantos by NBD and other lenders.
A.) Amount Beneficially owned: 740,570
B.) Percent of Class: 9.8%
C.) Number of shares to which the subject Holding company has:
1.) Sole power to vote or direct the vote: 740,570
2.) Shared power to vote or to direct the vote: -0-
3.) Sole power to dispose or to direct the disposition of:
740,570
4.) Shares power to dispose or to direct the disposition of:
-0-
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Item 5 Ownership of 5 percent or less of a Class:
Not Applicable
Item 6 Ownership of More than 5 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: See
Items 2(a) and 3.
Item 8 Identification and Classification of Members of the Group: Not
Applicable
Item 9 Notice of Dissolution of Group: Not Applicable
Item 10 Certification: By signing below I certify that to the best of my
knowledge and belief, the securities referred 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 of 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.
Dated: February 14, 1996
/s/ Daniel T. Lis
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Daniel T. Lis
Senior Vice President & Secretary
NBD Bank (Michigan)
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EXHIBIT A
AGREEMENT
The undersigned hereby agree, pursuant to Section 240.13d-1(f)(1), that
the statement on Schedule 13G (including all amendments thereto) to which this
Agreement is attached is to be filed on behalf of each of the undersigned and
that First Chicago NBD Corporation may file a Schedule 13G under the Securities
Exchange Act of 1934, and all amendments to such Schedule, with respect to
shares of Common Stock of Gantos, Inc.
Date: February 14, 1996
NBD BANK (MICHIGAN)
By: /s/ Daniel T. Lis
-----------------------------------
Daniel T. Lis
Senior Vice President and Secretary
FIRST CHICAGO NBD CORPORATION
By: /s/ Daniel T. Lis
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Daniel T. Lis
Senior Vice President and
Assistant Secretary
