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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
The Chicago Dock and Canal Trust
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
1673391
(CUSIP Number)
Fred Eychaner
c/o Newsweb Corporation
1645 W. Fullerton Avenue
Chicago, IL 60614 (312) 975-0400
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
July 28, 1995
(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).
SCHEDULE 13D
CUSIP No. 1673391
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fred Eychaner (S.S.# ###-##-####)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(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
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
7 SOLE VOTING POWER
399,900
8 SHARED VOTING POWER
- -100-
9 SOLE DISPOSITIVE POWER
399,900
10 SHARED DISPOSITIVE POWER
- -100-
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
400,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.92%
14 TYPE OF REPORTING PERSON*
IN
SCHEDULE 13D
CUSIP No. 1673391
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Newsweb Corporation (I.R.S.# 362728759)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(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
Illinois
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
7 SOLE VOTING POWER
- -0-
8 SHARED VOTING POWER
- -100-
9 SOLE DISPOSITIVE POWER
- -0-
10 SHARED DISPOSITIVE POWER
- -100-
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.002%
14 TYPE OF REPORTING PERSON*
CO
Item 1. Security and Issuer
In accordance with Rule 101 (a)(2)(iii) of Regulation S-T of the
Securities Exchange Act of 1934, as amended, this Amendment No. 2
hereby amends and supplements the statement of Schedule 13D, dated
January 24, 1995 and as amended and restated in its entirety by
Amendment No. 1 dated June 16, 1995 (the "Schedule 13D"), filed by
Fred Eychaner individually and on behalf of Newsweb Corporation,
relating to the share of Common Stock, no par value (the "Common
Stock" or the "Shares") of the Chicago Dock and Canal Trust (the
"Company") with its principal executive offices located at 455 East
Illinois Street, Suite 565, Chicago, Illinois 60611. Capitalized
terms used herein and not otherwise defined shall have the meaning
ascribed to such terms in the Schedule 13D.
Item 4. Purpose of Transaction
Item 4. hereby is amended to add the following paragraph at the end
of such section:
On July 13, 1995, Mr. Eychaner, on behalf of himself and Newsweb
Corporation, met with Mr. Edward McCormick Blair, Jr., Chairman of
the Nominating Committee of the Company's Board of Directors,
another signatory to the June 15, 1995 letter to the Company and
several other trustees. On July 18, 1995, Mr. Eychaner, on behalf
of himself and Newsweb Corporation, met with Mr. Blair. On July
20, 1995, Mr. Eychaner, on behalf of himself and Newsweb
Corporation, met with Mr. Blair, another signatory to the June 15,
1995 letter and several other trustees. The purpose of each of
these meetings was to discuss, among other things, the letter to
the Company dated June 15, 1995. At the end of the July 20, 1995
meeting, Mr. Blair indicated that no answer concerning the matters
discussed at the meetings and raised by the June 15th letter would
be forthcoming until the middle of August.
Item 5. Interest in Securities of the Issuer
(a) Eychaner beneficially owns 400,000 Shares representing 6.92% of
the outstanding Shares.
(b) Eychaner has the sole power to vote and the sole power to
dispose of 399,900 Shares. Eychaner has the shared power to vote
and the shared power to dispose of 100 Shares. Newsweb Corporation
has the sole power to dispose of -0- Shares. Newsweb has the
shared power to vote and the shared power to dispose of 100 Shares.
(c) Eychaner purchased (i) 5,000 Shares on June 27, 1995 at a price
of $11-5/8 per Share for a total consideration of $58,125; (ii)
5,600 Shares on July 17, 1995 at a price of $12 per Share for a
total consideration of $67,202.50; (iii) 20,000 Shares on July 18,
1995 at a price of $12-1/16 per Share for a total consideration of
$241,200; (iv) 6,000 Shares on July 19, 1995 at a price of $11-
15/16 per Share for a total consideration of $71,610; (v) 4,000
Shares on July 26, 1995 at a price of $11-7/8 per Share for a total
consideration of $47,500; and (vi) 4,000 Shares on August 2, 1995
at a price of $12-1/8 for a total consideration of $48,500.
(d) No other person has the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of
such securities.
(e) Not applicable.
Signatures
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: August 3, 1995
/s/ FRED EYCHANER
- --------------------------
Fred Eychaner
NEWSWEB CORPORATION
/s/ FRED EYCHANER
- --------------------------
Fred Eychaner, President
