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FORM 3
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U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
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1. Name and Address of 2. Date of Event 4. Issuer Name and Ticker or Trading Symbol
Reporting Person* Requiring
Statement Universal Money Centers, Inc.
(Month/Day/Year)
October, 1981
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(Last)(First)(Middle) 3. IRS or Social 5. Relationship of Reporting 6. If Amendment, Date
Security Number Person to Issuer (Check of Original
of Reporting Person all applicable) (Month/Day/Year
(Voluntary)
Moglowsky, Arthur M. X Director __10% Owner
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__ Officer __ Other
(give title below) (specify below)
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(Street) 7. Individual or
Joint/Group
c/o Bass & Moglowsky S.C. Filing (Check
7040 N. Port Washington applicable Line)
X Form filed by One
--- Reporting Person
__ Form filed by More than
One Reporting Person
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(City) (State) (Zip) Table 1 - Non-Derivative Securities Beneficially Owned
Milwaukee, Wisconsin 53217
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1. Title of Security 2. Amount of 3. Ownership 4. Nature of Indirect
Securities Form: Direct Beneficial Ownership
Beneficially Owned (D) or Indirect (Instr. 5)
(Inst. 4) (I) (Instr. 5)
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Common Stock 297,753 D N/A
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* If the Form is filed by more than one Reporting Person, see instruction 5(b)(v). Reminder: Report on a
separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses) PAGE 1 OF 2 PAGES
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FORM 3 (cont'd.) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options,
convertible securities)
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1. Title of 2. Date exer- 3. Title and 4. Conver- 5. Ownership 6. Nature of
Derivative cisable and Amount of sion or Form of Indirect
Security Expiration Securities Exercise Derivative Beneficial
(Inst. 4) Date (Month/ Underlying Price of Security: Ownership
Day/Year) Derivative Derivative Direct (d) (Instr.5)
Security Security or Indirect
(Inst. 4) (I) (Instr. 5)
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Date Expira- Amount
Exer- tion Title or
cisable Date Number
of Shares
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Explanation of Responses: Due to serious financial problems, the Issuer has not filed periodic reports
with the Securities and Exchange Commission (the "SEC") under the Securities Exchange Act of 1934, as
amended (the "Exchange Act") since April 30, 1987. During this period, Pamela A. Glenn, an executive
officer of the Issuer, did not file reports with the SEC under Section 16 of the Exchange Act. The
Issuer and Ms. Glenn are filing reports under the Exchange Act on this date in order to bring their
reports up-to-date.
** Intentional misstatements or omissions of facts /s/ Arthur M. Moglowsky April 26, 1999
constitute Federal Criminal Violations ----------------------- --------------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Arthur M. Moglowsky Date
Note: File three copies of this Form, one of which must be manually signed. If space provided is
insufficient, See Instruction 6 for procedure. PAGE 2 OF 2 PAGES
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