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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)
Alleghany Corporation
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(Name of Issuer)
Common Stock, Par Value $1.00 Per Share
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(Title of Class of Securities)
01716108
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(CUSIP Number)
Allan P. Kirby, Jr.
14 East Main Street
P.O. Box 90
Mendham, New Jersey 07945-0090
(973) 543-2200
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
Not Applicable
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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 that 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 [ ].
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SCHEDULE 13D
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CUSIP NO. 01716108
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Allan P. Kirby, Jr.
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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*
Not applicable
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5 CHECK BOX 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
U.S.A.
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7 SOLE VOTING POWER
NUMBER OF
SHARES 569,433**
BENEFICIALLY ---------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 0
PERSON ---------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
569,433**
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
569,433**
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.7%
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14 TYPE OF REPORTING PERSON*
IN
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* See instructions before filling out!
** Includes 34,973 shares held by a child of Mr. Kirby, as to which Mr. Kirby
holds an irrevocable power of attorney; Mr. Kirby disclaims beneficial
ownership of such shares.
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This statement relates to the common stock, par value of $1.00 per share
(the "Common Stock"), of Alleghany Corporation, a Delaware corporation
("Alleghany"), having its principal executive offices at 375 Park Avenue, New
York, New York 10152. This statement amends Mr. Allan P. Kirby, Jr.'s Schedule
13D Statement dated August 31, 1981, as amended by Amendment No. 1 dated March
31, 1982, Amendment No. 2 dated November 26, 1985, Amendment No. 3 dated April
12, 1990 and Amendment No. 4 dated May 14, 1993, by furnishing the information
set forth below.
Item 5. Interest in Securities of the Issuer.
(a) As of the date hereof, Mr. Kirby beneficially owned 569,433
shares, or approximately 7.7 percent of the outstanding shares, of the Common
Stock of Alleghany. Such amount consists of 212,802 shares held directly by Mr.
Kirby; 34,973 shares owned by a child of Mr. Kirby as to which Mr. Kirby holds
an irrevocable power of attorney; 305,655 shares held by a trust of which Mr.
Kirby is co-trustee and beneficiary; and 16,003 shares issuable under stock
options granted pursuant to the Alleghany Corporation Directors' Stock Option
Plan and the Alleghany Corporation Amended and Restated Directors' Stock
Option Plan. Mr. Kirby disclaims beneficial ownership of the Common Stock of
Alleghany held by his child. The percentage amount set forth above is based
upon the number of shares of Alleghany Common Stock issued and outstanding as
of March 31, 1998, as reported in Alleghany's Quarterly Report on Form 10-Q for
the quarter then ended.
(b) Mr. Kirby has sole power to vote or direct the vote and sole
power to dispose or direct the disposition of all of the foregoing shares of
Alleghany Common Stock which are currently outstanding.
(c) Mr. Kirby has not effected any transactions in Alleghany Common
Stock in the 60-day period ended as of the date hereof.
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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.
Dated: July 2, 1998
/s/ Allan P. Kirby, Jr.
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Allan P. Kirby, Jr.
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