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UNITED STATES
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 FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. ___________)(1)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Hudson Valley Holding Corp.
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(Name of Issuer)
Common Stock, Par Value $.20 Per Share
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(Title of Class of Securities)
None
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(CUSIP Number)
Stephen R. Brown Martin L. Budd
Hudson Valley Holding Corp. Day, Berry & Howard LLP
21 Scarsdale Road One Canterbury Green
Yonkers, New York 10707 Stamford, Connecticut 06901
(914) 961-6100 (203) 977-7300
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
June 30, 2000
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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(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 this schedule, including all exhibits. See Rule 13d-7 for other
parties to whom copies are to be sent.
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/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 ("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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1 NAME OF REPORTING PERSON
BMW Machinery Co., Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
N/A
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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7 SOLE VOTING POWER
NUMBER OF
SHARES 267,897
BENEFICIALLY ------------------------------------------------------
OWNED BY EACH
REPORTING 8 SHARED VOTING POWER
PERSON
WITH ------------------------------------------------------
9 SOLE DISPOSITIVE POWER
267,897
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
The Reporting Person currently owns beneficially 267,897 shares of Hudson
Valley Holding Corp. Common Stock.
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
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14 TYPE OF REPORTING PERSON
CO.
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Item 1. Security and Issuer:
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The class of equity securities to which this Statement on Schedule 13D
relates is the common stock, par value $.20 per share (the "Common Stock"), of
Hudson Valley Holding Corp., a New York corporation.
The principal executive offices of the Issuer are located at 21 Scarsdale
Road, Yonkers, New York 10707.
Item 2. Identity and Background:
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(a) The Reporting Person is BMW Machinery Co., Inc.
(b) The Reporting Person is incorporated in New York.
(c) The Reporting Person's principal business is that of machine parts
manufacture.
(d) The address of the Reporting Person's principal business and principal
office is 700 Nepperhan Ave., Yonkers, NY 10702.
(e) The Reporting Person has not been convicted in a criminal proceeding
during the last five years.
(f) The reporting person, during the last five years, was not a party to
any civil proceeding of a judicial or administrative body of competent
jurisdiction which resulted in or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any violation with
respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
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Not applicable.
Item 4. Purpose of Transaction:
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Not applicable.
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Item 5. Interest in Securities of the Issuer:
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(a) - (b) The table below sets forth the information required in (a) and
(b) of this Item 5:
<TABLE>
<CAPTION>
Number of
Shares Shared
Beneficially Shared Investment Sole Voting Sole Investment
Name Owned Voting Power Power Power Power Percent
------------ ------------ ------------ ------------- ----------- --------------- -----------
<S> <C> <C> <C> <C> <C> <C>
Hudson 267,897 267,897 267,897 6.3%
Valley
</TABLE>
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(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
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to Securities of the Issuer:
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Not applicable.
Item 7. Material to be Filed as Exhibits
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Not applicable.
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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.
Date: July 18, 2000
BMW MACHINERY CO., INC.
/s/ Gregory F. Holcombe
_________________________________________________
By: Gregory F. Holcombe
Title: Vice President
