BANKAMERICA CORP/DE/
SC 13D, 1998-12-17
NATIONAL COMMERCIAL BANKS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                              -------------------

                                  SCHEDULE 13D
                                 Rule 13d-101)

    INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A)
             AND AMENDMENTS THERETO FILE PURSUANT TO RULE 13D-2(A)

                              (Amendment No. 2)(1)

                       CALIFORNIA BEACH RESTAURANTS, INC.
              ----------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
              ----------------------------------------------------
                         (Title of Class of Securities)

                                  4496246 10 S
              ----------------------------------------------------
                                 (CUSIP Number)

                   Mr. Satish G. Pattegar, Senior Vice President
                           & National Risk Manager, Wealth Management Operations
                   NationsBank, NA
                   TX1-099-12-02, Asset Management Group
                   1401 Elm Place, 12th Fl.
                   Dallas, TX 75201-0241
                   214/508-8950
                  ----------------------------------------------------
                    (Name, Address and Telephone Number of Person
                  Authorized to Receive Notices and Communications)

                                  September 30, 1998
              ----------------------------------------------------
              (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(e),  13d-1(f)  or  13d-1(g),  check  the
following box [_].

         NOTE:  Schedules  filed in paper format shall include a signed original
and five copies of the schedule,  including all exhibits.  SEE Rule 13d-7(b) for
other parties to whom copies are to be sent.
     (1) 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 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).
                         (Continued on following pages)


<PAGE>

CUSIP No. 4496246 10 S                 Schedule 13D
- -------------------------------------------------------------------------------
1     Names of Reporting Persons
      I.R.S. Identification Nos. of Above Person (Entities only)
      BankAmerica Corporation
- -------------------------------------------------------------------------------
2     Check the Appropriate Box If a Member of a Group*
                                    a. [_]
                                    b. [_]
- -------------------------------------------------------------------------------
3     SEC Use Only
- -------------------------------------------------------------------------------
4     Source of Funds*               OO (exchange for debt)
- -------------------------------------------------------------------------------
5     Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Items
      2(d) or 2(e) [_]
- -------------------------------------------------------------------------------
6     Citizenship or Place of Organization     Delaware
- -------------------------------------------------------------------------------
                  7     Sole Voting Power
  Number of
                        -0-
  Shares                -------------------------------------------------------

Beneficially      8     Shared Voting Power

  Owned By              1,200,000
                        -------------------------------------------------------
    Each
                  9     Sole Dispositive Power
  Reporting             -0-
                        -------------------------------------------------------
   Person
                 10     Shared Dispositive Power
    With                1,200,000
                        -------------------------------------------------------
11    Aggregate Amount Beneficially Owned by Each Reporting Person
      1,200,000
- -------------------------------------------------------------------------------
12    Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* [_]
- -------------------------------------------------------------------------------
13    Percent of Class Represented By Amount in Row (11)  35.3%
- -------------------------------------------------------------------------------
14    Type of Reporting Person*
      HC
- -------------------------------------------------------------------------------
                    SEE INSTRUCTIONS BEFORE FILLING OUT!

                                     Page 2







<PAGE>

CUSIP No. 4496246 10 S                      Schedule 13D
- -------------------------------------------------------------------------------
1     Names of Reporting Persons
      I.R.S. Identification Nos. of Above Person (Entities only)
      Bank of America National Trust and Savings Association
- -------------------------------------------------------------------------------
2     Check the Appropriate Box If a Member of a Group*
                                    a. [_]
                                    b. [_]
- -------------------------------------------------------------------------------
3     SEC Use Only
- -------------------------------------------------------------------------------
4     Source of Funds*      OO (exchange for debt)
- -------------------------------------------------------------------------------
5     Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Items
      2(d) or 2(e) [_]
- -------------------------------------------------------------------------------
6     Citizenship or Place of Organization
      United States
- -------------------------------------------------------------------------------
                  7     Sole Voting Power
  Number of
                        -0-
  Shares                -------------------------------------------------------

Beneficially      8     Shared Voting Power

  Owned By              1,200,000
                        -------------------------------------------------------
    Each
                  9     Sole Dispositive Power
  Reporting             -0-
                        -------------------------------------------------------
   Person
                 10     Shared Dispositive Power
    With                1,200,000
                        -------------------------------------------------------
11    Aggregate Amount Beneficially Owned by Each Reporting Person
      1,200,000
- -------------------------------------------------------------------------------
12    Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares* [_]
- -------------------------------------------------------------------------------
13    Percent of Class Represented By Amount in Row (11) 35.3%
- -------------------------------------------------------------------------------
14    Type of Reporting Person*
      BK
- -------------------------------------------------------------------------------

                    SEE INSTRUCTIONS BEFORE FILLING OUT!

                                     Page 3




<PAGE>

                                  SCHEDULE 13D

Item 1. Security and Issuer.
                  No change

Item 2. Identity and Background.

                  The  executive  officers and  directors of the filing  parties
have changed as has the address of BankAmerica Corporation.  The new information
is listed on Exhibit B hereto. On September 25, 1998, NationsBank Corporation, a
North  Carolina  corporation  ("NationsBank"),  reincorporated  in  Delaware  by
forming a new,  wholly owned  Delaware  subsidiary and merging into it, with the
surviving Delaware corporation renamed "NationsBank Corporation."

                  On September  30, 1998,  BankAmerica  Corporation,  a Delaware
corporation  which  previously  filed a Schedule 13D to report  ownership of the
securities reported on in this filing ("Old BankAmerica"),  merged with and into
NationsBankCorporation,  which was the surviving  corporation  in the Merger and
then changed its name to "BankAmerica Corporation" ("BankAmerica").  As a result
of the  mergers,  BankAmerica  succeeded to the assets and  liabilities  of both
NationsBank and Old BankAmerica.  Additional information regarding these mergers
is set forth in  NationsBank's  Current Report on Form 8-K filed April 17, 1998,
as amended.

                  BankAmerica  is a bank holding  company  registered  under the
Bank  Holding  Company Act of 1956,  as amended,  with its  principal  executive
offices located in Charlotte, North Carolina.

                  Bank of America  National Trust and Savings  Association  (the
"Bank") is a  wholly-owned  subsidiary  of  BankAmerica.  The Bank is a national
banking  association  organized  under  the  laws of the  United  States  and is
headquartered  in San  Francisco,  California.  The  Bank  and  NationsBank,  NA
constitute BankAmerica's two principal subsidiaries.  It is anticipated that the
Bank and NationsBank, NA will merge in 1999.

Item 3. Source and Amount of Funds or Other Consideration.
                  No change.

Item 4. Purpose of Transaction.
                  No change.

Item 5. Interest in Securities of the Issuer.
                  No change.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.

                  No change.

Item 7. Material to be Filed as Exhibits.
                  No change, except as stated in response to Item 2.

                                     Page 4


<PAGE>

                                   Signatures

      After reasonable inquiry and to the best of its knowledge and belief, each
of the  undersigned  certifies that the information set forth in this instrument
is true, complete and correct.

Dated: December 16, 1998

       BANKAMERICA CORPORATION*

       BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION*



*By: /s/ VENRICE R. PALMER
     ---------------------
     Venrice R. Palmer
     Senior Counsel of
     Bank of America  National  Trust and  Savings  Association  and  Authorized
     Attorney-in-Fact (signing resolutions,  delegations of authority and powers
     of attorney are  incorporated  by  reference  to Schedule 13G  Amendment #2
     relating  to Anaren  Microwave,  Inc.  and to  Schedule  13G  Amendment  #3
     relating to Lexford, Inc.)



























                                     Page 5




<PAGE>

                                   EXHIBIT A
                                   ---------

                             JOINT FILING AGREEMENT
                             ----------------------


     The undersigned hereby agree that they are filing this statement jointly
pursuant to Rule 13d-1(f)(1).  Each of them is responsible for the timely filing
of such Schedule 13D and any amendments  thereto,  and for the  completeness and
accuracy of the information  concerning such person contained therein;  but none
of them is  responsible  for the  completeness  or accuracy  of the  information
concerning the other persons making the filing,  unless such person knows or has
reason to believe that such information is inaccurate.

Dated:  December 16, 1998


     BANKAMERICA CORPORATION*

     BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION*



*By: /s/ VENRICE R. PALMER
     ---------------------
     Venrice R. Palmer
     Senior Counsel of
     Bank of America  National  Trust and  Savings  Association  and  Authorized
     Attorney-in-Fact (signing resolutions,  delegations of authority and powers
     of attorney are  incorporated  by  reference  to Schedule 13G  Amendment #2
     relating  to Anaren  Microwave,  Inc.  and to  Schedule  13G  Amendment  #3
     relating to Lexford, Inc.)


















                                     Page 6




<PAGE>

                                   EXHIBIT B
                                   ---------

          The  following  table sets forth the names,  addresses  and  principal
occupations of the directors and executive  officers of BankAmerica  Corporation
and Bank of America National Trust and Savings Association.  Each such person is
a citizen of the United States.

                                    BANKAMERICA CORPORATION
                                    NationsBank Corporate Center
                                    100 N. Tryon
                                    Charlotte, NC  28255

                                    DIRECTORS
                                    ---------

<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------
PRINCIPAL
    NAME                             ADDRESS                     OCCUPATION
- -----------------------------------------------------------------------------------------
<S>                     <C>                                      <C>
Charles W. Coker        Post Office Box 160                      Chairman, Sonoco Products
                        Hartsville, SC 29551-0160                Company
- -----------------------------------------------------------------------------------------
Timm Crull              c/o Hallmark Cards, Inc.                 Retired Chairman, Nestle
                        1024 E. Balboa Blvd.                     USA, Inc.
                        Newport Beach, CA  92661
- -----------------------------------------------------------------------------------------
Alan T. Dickson         2000 Two First Union Center              Chairman of the Board,
                        Charlotte, NC  28282                     Ruddick Corporation
- -----------------------------------------------------------------------------------------
Kathleen Feldstein      147 Clifton Street                       President, Economic
                        Belmont, MA  02178                       Studies, Inc.
- -----------------------------------------------------------------------------------------
Paul Fulton             First Stratford Building                 Chairman and CEO,
                        101 S. Stratford Road                    Bassett Furniture
                        Winston-Salem, NC  27104                 Industries, Inc.

- -----------------------------------------------------------------------------------------
Donald E. Guinn         Pacific Telesis Center                   Chairman Emeritus, Pacific
                        130 Kearney Street, Room 3704            Telesis Group
                        San Francisco, CA 94108
- -----------------------------------------------------------------------------------------------
C. Ray Holman           Post Office Box 5840                     Chairman and Chief
                        St. Louis, MO  63134                     Executive Officer,
                                                                 Mallinckrodt Inc.
- -----------------------------------------------------------------------------------------------
W.W. Johnson            P.O. Box 448                             Chairman, Executive
                        SC3-240-18-17                            Committee, BankAmerica
                        Columbia, SC  29202                      Corporation
- -----------------------------------------------------------------------------------------------
</TABLE>




                                     Page 7



<PAGE>

<TABLE>
- -----------------------------------------------------------------------------------------------
<S>                     <C>                                      <C>
Walter Massey           Office of the President                  President, Morehouse
                        830 Westview Drive                       College
                        Atlanta, GA  30314

- -----------------------------------------------------------------------------------------------
Hugh L. McColl, Jr.     BankAmerica Corporation                  Chairman and Chief
                        NationsBank Corporate Center             Executive Officer,
                        100 N. Tryon                             BankAmerica Corporation
                        Charlotte, NC 28255
- -----------------------------------------------------------------------------------------------
Richard M. Rosenberg    555 California Street                    Retired Chairman and Chief
                        5th Floor                                Executive Officer,
                        San Francisco, CA  94194                 BankAmerica Corporation
                                                                 and Bank of America NT &
                                                                 SA
- -----------------------------------------------------------------------------------------------
O. Temple Sloan, Jr.    Post Office Box 26006                    Chairman, General Parts
                        Raleigh, NC  27611                       Inc.
- -----------------------------------------------------------------------------------------------
Meredith R. Spangler    668 Hempstead Place                      Chairman, C.D. Spangler
                        Charlotte, NC  28207-2320                Foundation
- -----------------------------------------------------------------------------------------------
A. Michael Spence       Memorial Way, Room 140                   Dean of Graduate School of
                        Stanford, CA                             Business, Stanford
                                                                 University
- -----------------------------------------------------------------------------------------------
Ronald Townsend         Gannett Television                       Communications Consultant
                        c/o WTLV-TV12
                        1070 East Adams Street
                        Jacksonville, FL  32202
- -----------------------------------------------------------------------------------------------
Solomon Trujillo        1801 California Street                   President and Chief
                        52nd Floor                               Executive Officer, US West
                        Denver, CO 80202                         Communications Group

- -----------------------------------------------------------------------------------------------
Jackie M. Ward          5775 Peachtree-Dunwoody Road             President and CEO,
                        Building G, Fourth Floor                 Computer Generation
                        Atlanta, Georgia  30342                  Incorporated
- -----------------------------------------------------------------------------------------------
Virgil R. Williams      Post Office Box 105106                   Chairman and CEO,
                        Atlanta, Georgia  30087                  Williams Group
                                                                 International, Inc.
- -----------------------------------------------------------------------------------------------
Shirley Young           General Motors Corporation               Vice President,
                        400 Renaissance Center                   General Motors
                        Detroit, Michigan  48265                 Corporation
- -----------------------------------------------------------------------------------------------
</TABLE>





                                     Page 8



<PAGE>

                            BANKAMERICA CORPORATION

                               EXECUTIVE OFFICERS
                               ------------------

<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------
                                                             PRINCIPAL
        NAME                    ADDRESS                      OCCUPATION
- ---------------------------------------------------------------------------------
<S>                    <C>                           <C>
Hugh L. McColl, Jr.    BankAmerica Corporation       Chairman and Chief
                       NationsBank Corporate Center  Executive Officer
                       100 N. Tryon
                       Charlotte, NC 28255
- ---------------------------------------------------------------------------------
James H. Hance, Jr.    BankAmerica Corporation       Vice Chairman and Chief
                       NationsBank Corporate Center  Financial Officer
                       100 N. Tryon
                       Charlotte, NC 28255
- ---------------------------------------------------------------------------------
Kenneth D. Lewis       BankAmerica Corporation       President, Consumer and
                       NationsBank Corporate Center  Commercial Banking
                       100 N. Tryon
                       Charlotte, NC 28255
- ---------------------------------------------------------------------------------
Michael J. Murray      BankAmerica Corporation       President, Global
                       555 California Street         Corporate
                       San Francisco, CA  94104      and Investment Banking
- ---------------------------------------------------------------------------------
Michael E. O'Neill     BankAmerica Corporation       President, Principal
                       555 California Street         Investing and Wealth
                       San Francisco, CA  94104      Management
- ---------------------------------------------------------------------------------
</TABLE>




















                                     Page 9





<PAGE>

                         BANK OF AMERICA NATIONAL TRUST
                            AND SAVINGS ASSOCIATION
                             555 California Street
                            San Francisco, CA 94104

                                   DIRECTORS
                                   ---------

<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------
           NAME                     ADDRESS                     PRINCIPAL
                                                                OCCUPATION
- ---------------------------------------------------------------------------------
<S>                         <C>                       <C>
Hugh L. McColl, Jr.         BankAmerica Corporation   Chairman and Chief
                            NationsBank Corporate     Executive Officer
                            Center
                            100 N. Tryon
                            Charlotte, NC 28255
- ---------------------------------------------------------------------------------
James H. Hance, Jr.         BankAmerica Corporation   Vice Chairman and Chief
                            NationsBank Corporate     Financial Officer
                            Center
                            100 N. Tryon
                            Charlotte, NC 28255
- ---------------------------------------------------------------------------------
Kenneth D. Lewis            BankAmerica Corporation   President, Consumer and
                            NationsBank Corporate     Commercial Banking
                            Center
                            100 N. Tryon
                            Charlotte, NC 28255
- ---------------------------------------------------------------------------------
Michael J. Murray           BankAmerica Corporation   President, Global
                            555 California Street     Corporate and Investment
                            San Francisco, CA  94104  Banking
- ---------------------------------------------------------------------------------
Michael E. O'Neill          BankAmerica Corporation   President, Principal
                            555 California Street     Investing and Wealth
                            San Francisco, CA  94104  Management
- ---------------------------------------------------------------------------------
F. William Vandiver, Jr.    BankAmerica Corporation   Risk Management Executive
                            NationsBank Corporate
                            Center
                            100 N. Tryon
                            Charlotte, NC 28255
- ---------------------------------------------------------------------------------
</TABLE>







                                    Page 10



<PAGE>

             BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION

                               EXECUTIVE OFFICERS
                               ------------------

<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------
        NAME                   ADDRESS                PRINCIPAL OCCUPATION
- ---------------------------------------------------------------------------------
<S>                    <C>                       <C>
Hugh L. McColl, Jr.    BankAmerica Corporation   Chairman and Chief Executive
                       NationsBank Corporate     Officer
                       Center
                       100 N. Tryon
                       Charlotte, NC 28255
- --------------------------------------------------------------------------------
James H. Hance, Jr.    BankAmerica Corporation   Vice Chairman and Chief
                       NationsBank Corporate     Financial Officer
                       Center
                       100 N. Tryon
                       Charlotte, NC 28255
- --------------------------------------------------------------------------------
Kenneth D. Lewis       BankAmerica Corporation   President, Consumer and
                       NationsBank Corporate     Commercial Banking
                       Center
                       100 N. Tryon
                       Charlotte, NC 28255
- --------------------------------------------------------------------------------
Michael J. Murray      BankAmerica Corporation   President, Global Corporate
                       555 California Street     and Investment Banking
                       San Francisco, CA  94104
- --------------------------------------------------------------------------------
Michael E. O'Neill     BankAmerica Corporation   President, Principal
                       555 California Street     Investing and Wealth
                       San Francisco, CA  94104  Management
- --------------------------------------------------------------------------------
</TABLE>


















                                    Page 11



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