THIS PAPER DOCUMENT IS BEING SUBMITTED
PURSUANT TO RULE 901(D) OF REGULATION S-T
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Clinton Gas Systems, Inc. (presently known as CGAS, Inc. and formerly known as
Leader Development Corp.)
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(Name of Issuer)
Common Shares, without par value
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(Title of Class of Securities)
187571-10-4
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(CUSIP Number)
Roger E. Lautzenhiser, Esq.
Vorys, Sater, Seymour and Pease
52 East Gay Street
P.O. Box 1008
Columbus, Ohio 43216-1008
(614) 464-6291
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 4, 1996
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(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 _____ . (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 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.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
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>
SCHEDULE 13D
CUSIP NO. 187571-10-4
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Hal W. Field
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions):
N/A (a) _____ (b) _____
3. SEC USE ONLY:
4. SOURCE OF FUNDS (See Instructions):
N/A
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e):
_____
6. CITIZENSHIP OR PLACE OF ORGANIZATION:
U.S.A.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7. SOLE VOTING POWER: 0
8. SHARED VOTING POWER: 0
9. SOLE DISPOSITIVE POWER: 0
10. SHARED DISPOSITIVE POWER: 0
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
0
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions):
_____
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
0
14. TYPE OF REPORTING PERSON (See Instructions):
IN
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<PAGE>
Item 1. Security and Issuer.
This Amendment No. 3 to the Schedule 13D filed by the reporting person with
the Securities and Exchange Commission (the "Commission"), as previously
amended, relates to common shares, without par value (the "Common Shares"), of
Clinton Gas Systems, Inc., an Ohio corporation which is presently known as
CGAS, Inc. and was formerly known as Leader Development Corp. (the "Issuer").
The principal executive offices of the Issuer are located at 4770 Indianola
Avenue, Columbus, Ohio 43214. Capitalized terms not otherwise defined herein
are defined as set forth in the Schedule 13D.
Item 2. Identity and Background.
The following table represents certain of the information required by Item 2
with respect to the reporting person as of date of this Amendment No. 3:
Name and Business Address Principal Occupation
- ------------------------- ----------------------
Hal W. Field Retired.
2600 Peachtree Road
Atlanta, Georgia 30305
Mr. Field is a citizen of the United States. He has not been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors)
during the last five years. Mr. Field has not been a party during the last
five years to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding been or is subject
to a judgment, decree or final order finding violations of or enjoining future
violations of or prohibiting or mandating activities subject to federal or
state securities laws.
Item 3. Source and Amount of Funds or Other Consideration.
N/A
Item 4. Purpose of Transaction.
N/A
-3-
<PAGE>
Item 5. Interest in Securities of the Issuer.
(a), (b) The aggregate number and percent of Common Shares of the Issuer
that Mr. Field owns beneficially as of the date hereof are shown in the table
below:
Number of Percent (%) of
Name Common Shares Common Shares
---------- --------------- ----------------
Hal W. Field 0 0
(c), (e) On May 24, 1996, the Issuer entered into a definitive merger
agreement (the "Merger Agreement") by and among the Issuer, Jenco Acquisition,
Inc., an Ohio corporation, and Joint Energy Development Investments Limited
Partnership, a Delaware limited partnership ("JEDI"). The merger became
effective September 4, 1996. Pursuant to the terms of the Merger Agreement,
JEDI acquired Common Shares of the Issuer at a price of $6.75 per Share in
cash. As a result, the reporting person, as of September 4, 1996, ceased to be
a beneficial owner of more than five percent of the Common Shares of the
Issuer.
(d) No other person is known to have the right to receive or the power to
direct the receipt of dividends from or the proceeds from the sale of the
Common Shares of the Issuer reported on herein.
Item 6. Contracts, Arrangements, Understandings, or Relationships with
Respect to Securities of the Issuer.
N/A
Item 7. Material to be Filed as Exhibits
N/A
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<PAGE>
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.
By /s/ Hal W. Field
____________________________
Date: September 6, 1996 Hal W. Field
