<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------------------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ____)*
PROFESSIONAL BANCORP, INC.
--------------------------
(NAME OF ISSUER)
COMMON STOCK
------------
(TITLE OF CLASS OF SECURITIES)
743112104
---------
(CUSIP NUMBER)
JOANN M. STRASSER, ESQ., BROWN, CUMMINS & BROWN CO., L.P.A., 3500 CAREW TOWER,
441 VINE STREET, CINCINNATI, OHIO 45202 (513) 381-2121
---------------------------------------------------------
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
MAY 10, 1996
------------
(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. [ ]
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 equity 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.)
(CONTINUED ON FOLLOWING PAGES)
(PAGE 1 OF 17 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 and
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> 2
CUSIP NO. 743112104 SCHEDULE 13D PAGE 2 OF 17 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
George E. Fern Co.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [XX] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio
--------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 60,270
BENEFICIALLY OWNED ------------------------------------------
BY EACH REPORTING 8. SHARED VOTING POWER 0
PERSON WITH ------------------------------------------
9. SOLE DISPOSITIVE POWER 60,270
------------------------------------------
10. SHARED DISPOSITIVE POWER 0
------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
143,745 shares of common stock (This number represents the aggregate amount
beneficially owned, for reporting purposes, by the shareholder group filing this
report. George E. Fern Co. beneficially owns 60,270 shares of common stock and
disclaims beneficial ownership of the remaining shares.)*
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.0% (This percentage represents the aggregate amount beneficially owned, for
reporting purposes, by the shareholder group filing this report. George E. Fern
Co. beneficially owns 4.6% and disclaims beneficial ownership of the remaining
shares).*
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
-------------------------
* The filing of this statement shall not be construed as an admission that
George E. Fern Co. is, for the purposes of Section 13(d) or 13(g) of the Act,
the beneficial owner of any of the remaining shares.
<PAGE> 3
CUSIP NO. 743112104 SCHEDULE 13D PAGE 3 OF 17 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Martin S. Goldfarb, M.D.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [XX] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
US
--------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 22,050
BENEFICIALLY OWNED ------------------------------------------
BY EACH REPORTING 8. SHARED VOTING POWER 0
PERSON WITH ------------------------------------------
9. SOLE DISPOSITIVE POWER 22,050
------------------------------------------
10. SHARED DISPOSITIVE POWER 0
------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
143,745 shares of common stock (This number represents the aggregate amount
beneficially owned, for reporting purposes, by the shareholder group filing this
report. Martin S. Goldfarb, M.D. beneficially owns 22,050 shares of common stock
and disclaims beneficial ownership of the remaining shares.)*
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.0% (This percentage represents the aggregate amount beneficially owned, for
reporting purposes, by the shareholder group filing this report. Martin S.
Goldfarb, M.D. beneficially owns 1.7% and disclaims beneficial ownership of the
remaining shares).*
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
-------------------------
* The filing of this statement shall not be construed as an admission that
Martin S. Goldfarb, M.D. is, for the purposes of Section 13(d) or 13(g) of the
Act, the beneficial owner of any of the remaining shares.
<PAGE> 4
CUSIP NO. 743112104 SCHEDULE 13D PAGE 4 OF 17 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mark B. and Pamela G. Kuby
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [XX] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
US
--------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 0
BENEFICIALLY OWNED ------------------------------------------
BY EACH REPORTING 8. SHARED VOTING POWER 26,250
PERSON WITH ------------------------------------------
9. SOLE DISPOSITIVE POWER 0
------------------------------------------
10. SHARED DISPOSITIVE POWER 26,250
------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
143,745 shares of common stock (This number represents the aggregate amount
beneficially owned, for reporting purposes, by the shareholder group filing this
report. Mark B. and Pamela G. Kuby beneficially own 26,250 shares of common
stock and disclaim beneficial ownership of the remaining shares.)*
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.0% (This percentage represents the aggregate amount beneficially owned, for
reporting purposes, by the shareholder group filing this report. Mark B. and
Pamela G. Kuby beneficially own 2.0% and disclaim beneficial ownership of the
remaining shares).*
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
-------------------------
* The filing of this statement shall not be construed as an admission that Mark
B. and Pamela G. Kuby are, for the purposes of Section 13(d) or 13(g) of the
Act, the beneficial owner of any of the remaining shares.
<PAGE> 5
CUSIP NO. 743112104 SCHEDULE 13D PAGE 5 OF 17 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joel S. Moskowitz
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [XX] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
US
--------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 3,675
BENEFICIALLY OWNED ------------------------------------------
BY EACH REPORTING 8. SHARED VOTING POWER 0
PERSON WITH ------------------------------------------
9. SOLE DISPOSITIVE POWER 3,675
------------------------------------------
10. SHARED DISPOSITIVE POWER 0
------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
143,745 shares of common stock (This number represents the aggregate amount
beneficially owned, for reporting purposes, by the shareholder group filing this
report. Joel S. Moskowitz beneficially owns 3,675 shares of common stock and
disclaims beneficial ownership of the remaining shares.)*
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.0% (This percentage represents the aggregate amount beneficially owned, for
reporting purposes, by the shareholder group filing this report. Joel S.
Moskowitz beneficially owns 0.3% and disclaims beneficial ownership of the
remaining shares).*
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
-------------------------
* The filing of this statement shall not be construed as an admission that Joel
S. Moskowitz is, for the purposes of Section 13(d) or 13(g) of the Act, the
beneficial owner of any of the remaining shares.
<PAGE> 6
CUSIP NO. 743112104 SCHEDULE 13D PAGE 6 OF 17 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Milton J. Schloss Sr. Trust, Milton J. Schloss Sr., Trustee
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [XX] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF **
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
US **
--------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 21,000
BENEFICIALLY OWNED ------------------------------------------
BY EACH REPORTING 8. SHARED VOTING POWER 0
PERSON WITH ------------------------------------------
9. SOLE DISPOSITIVE POWER 21,000
------------------------------------------
10. SHARED DISPOSITIVE POWER 0
------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
143,745 shares of common stock (This number represents the aggregate amount
beneficially owned, for reporting purposes, by the shareholder group filing this
report. Milton J. Schloss Sr. Trust, Milton J. Schloss Sr., Trustee beneficially
owns 21,000 shares of common stock and disclaims beneficial ownership of the
remaining shares.)*
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.0% (This percentage represents the aggregate amount beneficially owned, for
reporting purposes, by the shareholder group filing this report. Milton J.
Schloss Sr. Trust, Milton J. Schloss Sr., Trustee beneficially owns 1.6% and
disclaims beneficial ownership of the remaining shares).*
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN **
--------------------------------------------------------------------------------
-------------------------
* The filing of this statement shall not be construed as an admission that
Milton J. Schloss Sr. Trust, Milton J. Schloss, Trustee is, for the purposes of
Section 13(d) or 13(g) of the Act, the beneficial owner of any of the remaining
shares.
** Relates to Milton J. Schloss, Sr.
<PAGE> 7
CUSIP NO. 743112104 SCHEDULE 13D PAGE 7 OF 17 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Delaware Charter Guarantee & Trust, FBO Herbert Weiss IRA
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [XX] (b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF **
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
US **
--------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 10,500
BENEFICIALLY OWNED ------------------------------------------
BY EACH REPORTING 8. SHARED VOTING POWER 0
PERSON WITH ------------------------------------------
9. SOLE DISPOSITIVE POWER 10,500
------------------------------------------
10. SHARED DISPOSITIVE POWER 0
------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
143,745 shares of common stock (This number represents the aggregate amount
beneficially owned, for reporting purposes, by the shareholder group filing this
report. Delaware Charter Guarantee & Trust, FBO Herbert Weiss IRA beneficially
owns 10,500 shares of common stock and disclaims beneficial ownership of the
remaining shares.)*
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.0% (This percentage represents the aggregate amount beneficially owned, for
reporting purposes, by the shareholder group filing this report. Delaware
Charter Guarantee & Trust, FBO Herbert Weiss IRA beneficially owns 0.8% and
disclaims beneficial ownership of the remaining shares).*
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN **
--------------------------------------------------------------------------------
-------------------------
* The filing of this statement shall not be construed as an admission that
Delaware Charter Guarantee & Trust, FBO Herbert Weiss IRA is, for the purposes
of Section 13(d) or 13(g) of the Act, the beneficial owner of any of the
remaining shares.
** Relates to Herbert Weiss
<PAGE> 8
CUSIP NO. 743112104 SCHEDULE 13D PAGE 8 OF 17 PAGES
--------------------------------------------------------------------------------
SCHEDULE 13D
ADDITIONAL INFORMATION
ITEM 1 SECURITY AND ISSUER:
-------------------
This schedule relates to the common stock of Professional Bancorp, Inc.
(the "Issuer"), whose principal executive offices are located at 606 Broadway,
Santa Monica, California 90401.
ITEM 2 IDENTITY AND BACKGROUND:
-----------------------
This schedule is being filed on behalf of:
<TABLE>
<CAPTION>
<S> <C> <C>
a. Name: George E. Fern Co., an Ohio corporation
b. Business Address: 1100 Gest Street, Cincinnati, Ohio 45203
c. Principal Business: Exposition Contractors
d. No
e. No
a. Name: George J. Budig*
b. Business Address: 1100 Gest Street, Cincinnati, Ohio 45203
c. Principal Business: President of George E. Fern Co.
d. No
e. No
f. Citizenship: United States
a. Name: Otto M. Budig, Jr.*
b. Business Address: 1100 Gest Street, Cincinnati, Ohio 45203
c. Principal Business: Vice President of Parsec, Inc., a transportation business,
located at: 1100 Gest Street, Cincinnati, Ohio 45203
d. No
e. No
f. Citizenship: United States
a. Name: Martin S. Goldfarb, M.D.
b. Business Address: 2080 Century Park East, Suite 1806, Los Angeles,
California 90067
c. Principal Occupation: Doctor of Medicine
d. No
e. No
f. Citizenship: United States
-----------------------
<FN>
* Information regarding George J. Budig and Otto M. Budig, Jr. is provided
pursuant to General Instruction C of Schedule 13D due to their affiliations with
George E. Fern Co.
</TABLE>
<PAGE> 9
CUSIP NO. 743112104 SCHEDULE 13D PAGE 9 OF 17 PAGES
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<S> <C> <C>
a. Name: Mark B. Kuby
b. Business Address: 8014 Plainfield Road, Cincinnati, Ohio 45236
c. Principal Occupation: Physician
d. No
e. No
f. Citizenship: United States
a. Name: Pamela G. Kuby
b. Business Address: 8014 Plainfield Road, Cincinnati, Ohio 45236
c. Principal Occupation: Homemaker
d. No
e. No
f. Citizenship: United States
a. Name: Joel S. Moskowitz
b. Business Address: 4300 Carew Tower, 441 Vine Street, Cincinnati,
Ohio 45202
c. Principal Occupation: Attorney - Moskowitz & Moskowitz, 4300 Carew
Tower, 441 Vine Street, Cincinnati, Ohio 45202
d. No
e. No
f. Citizenship: United States
a. Name: Milton J. Schloss (Recordholder: Milton J. Schloss Sr. Trust)
b. Business Address: 1385 Tennessee Avenue, Cincinnati, Ohio 45229
c. Principal Occupation: Retired
d. No
e. No
f. Citizenship: United States
a. Name: Herbert B. Weiss (Recordholder: Delaware Charter Guarantee &
Trust, FBO Herbert Weiss IRA)
b. Business Address: 1800 Provident Tower, 1 East Fourth Street, Cincinnati,
Ohio 45202
c. Principal Occupation: Attorney - Keating, Muething & Klekamp, 1800
Provident Tower, 1 E. 4th Street, Cincinnati, Ohio 45202
d. No
e. No
f. Citizenship: United States
</TABLE>
ITEM 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION:
-------------------------------------------------
This schedule is being filed as a result of the formation of a group
(the "Reporting Persons") as described in Rule 13d-5(b)(1) of the Exchange Act
(the "Act"), under which Rule a group shall be deemed to have acquired
beneficial ownership, for purposes of Section 13(d) of the Act, of all equity
securities of an issuer owned by the group. This schedule is not being filed to
report the purchase of securities of the issuer and, therefore, there is no
material information with respect to the source or amount of funds or other
consideration used or to be used in making purchases. The filing of this
schedule shall not be construed as an admission by the Reporting Persons that
any of
<PAGE> 10
CUSIP NO. 743112104 SCHEDULE 13D PAGE 10 OF 17 PAGES
--------------------------------------------------------------------------------
the Reporting Persons is the beneficial owner of the securities owned by the
other Reporting Persons, and each Reporting person affirmatively disclaims
beneficial ownership of the securities owned by the other Reporting Persons.
ITEM 4 PURPOSE OF THE TRANSACTION:
--------------------------
The Reporting Persons intend to file a proxy statement and other
soliciting materials urging the shareholders to withhold or revoke the
management solicited proxy for the annual meeting of shareholders scheduled for
June 19, 1996. In addition, the Reporting Persons intend to solicit proxies
from the shareholders of the Issuer for the purpose of (i) electing a slate of
director candidates selected by the Reporting Persons, which will constitute a
majority of the Board of Directors of the Issuer and (ii) urging the new Board
to consider replacing one or more of the current executive officers of the
Issuer.
ITEM 5 INTEREST IN SECURITIES OF THE ISSUER:
------------------------------------
(a) The number and percentage of common stock of the Issuer
beneficially owned by the Reporting Persons is as follows:
<TABLE>
<CAPTION>
<S> <C> <C>
George E. Fern Co. 60,270 4.6%
Martin S. Goldfarb, M.D. 22,050 1.7%
Mark B. and Pamela G. Kuby 26,250 2.0%
Joel S. Moskowitz 3,675 0.3%
Milton J. Schloss Sr. Trust,
Milton J. Schloss Sr, Trustee 21,000 1.6%
Delaware Charter Guarantee &
Trust, FBO Herbert B. Weiss IRA 10,500 0.8%
======= =====
TOTAL 143,745 11.0%
</TABLE>
(b) Each Reporting Person has sole power to vote or to direct the vote,
and sole power to dispose or to direct the disposition of such Reporting
Person's respective shares of the Issuer's common stock.
(c) N/A
(d) N/A
(e) N/A
ITEM 6 CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER:
--------------------------------------------------------------
The Reporting Persons have agreed to form a shareholder committee for
the purposes described in Item 4.
ITEM 7 MATERIALS TO BE FILED AS EXHIBITS:
---------------------------------
Exhibit 1 - Joint Filing Agreement
<PAGE> 11
CUSIP NO. 743112104 SCHEDULE 13D PAGE 11 OF 17 PAGES
--------------------------------------------------------------------------------
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: May 16, 1996
GEORGE E. FERN CO.
By: _____________________________________
George J. Budig, President
<PAGE> 12
CUSIP NO. 743112104 SCHEDULE 13D PAGE 12 OF 17 PAGES
--------------------------------------------------------------------------------
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: May 17, 1996
------------------------------------------
Martin S. Goldfarb, M.D.
<PAGE> 13
CUSIP NO. 743112104 SCHEDULE 13D PAGE 13 OF 17 PAGES
--------------------------------------------------------------------------------
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: May 16, 1996
------------------------------------------
Mark B. Kuby
Dated: May 16, 1996
------------------------------------------
Pamela G. Kuby
<PAGE> 14
CUSIP NO. 743112104 SCHEDULE 13D PAGE 14 OF 17 PAGES
--------------------------------------------------------------------------------
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: May 16, 1996
------------------------------------------
Joel S. Moskowitz
<PAGE> 15
CUSIP NO. 743112104 SCHEDULE 13D PAGE 15 OF 17 PAGES
--------------------------------------------------------------------------------
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: May 17, 1996
MILTON J. SCHLOSS, SR. TRUST
By: _____________________________________
Milton J. Schloss, Sr., Trustee
<PAGE> 16
CUSIP NO. 743112104 SCHEDULE 13D PAGE 16 OF 17 PAGES
--------------------------------------------------------------------------------
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: May 16, 1996
DELAWARE CHARTER GUARANTEE &
TRUST, FBO Herbert Weiss, IRA
By: _____________________________________
Herbert B. Weiss
<PAGE> 1
CUSIP NO. 743112104 SCHEDULE 13D PAGE 17 OF 17 PAGES
--------------------------------------------------------------------------------
EXHIBIT I
AGREEMENT
The undersigned hereby agree that the Schedule 13(D) to which this is
attached as Exhibit I is filed on behalf of each of them.
This Agreement may be executed in one or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.
GEORGE E. FERN CO.
Dated: May 16, 1996
By: _____________________________________
George J. Budig, President
Dated: May 17, 1996
------------------------------------------
Martin S. Goldfarb, M.D.
Dated: May 16, 1996
------------------------------------------
Mark B. Kuby
Dated: May 16, 1996
------------------------------------------
Pamela G. Kuby
Dated: May 16, 1996
------------------------------------------
Joel S. Moskowitz
Dated: May 17, 1996
MILTON J. SCHLOSS, SR. TRUST
By: _____________________________________
Milton J. Schloss, Sr., Trustee
Dated: May 16, 1996
DELAWARE CHARTER GUARANTEE &
TRUST, FBO Herbert Weiss, IRA
By: _____________________________________
Herbert B. Weiss
