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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(FINAL AMENDMENT)
WHITE RIVER CORPORATION
(NAME OF ISSUER)
Common Stock, Par Value $.01 Per Share
and associated
Rights to Purchase Shares of
Series B Participating Cumulative Preferred Stock
(TITLE OF CLASS OF SECURITIES)
964452 10 6
(CUSIP NUMBER)
Check the following box if a fee is being paid with this statement . (A
fee is not required only if the filing 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 less than five percent of such class.)
(See Rule 13d-7.)
* 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 the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to the "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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Page 1 of 6 pages
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CUSIP No. 964452 10 6
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FUND AMERICAN ENTERPRISES HOLDINGS, INC.
I.R.S. IDENTIFICATION NO. 94-2708455
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----- --------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH ----- --------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 0
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / /
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11 PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0%
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12 TYPE OF REPORTING PERSON
CO
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Page 2 of 6 pages
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CUSIP No. 964452 10 6
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FUND AMERICAN ENTERPRISES, INC.
I.R.S. IDENTIFICATION NO. 04-3357154
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----- --------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH ----- --------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 0
----- --------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / /
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11 PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0%
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12 TYPE OF REPORTING PERSON
CO
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Page 3 of 6 pages
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Item 1(a). NAME OF ISSUER:
This Statement on Schedule 13G (the "Statement") relates to the common
stock, par value $.01 per share (the "Common Stock"), of White River
Corporation, a Delaware corporation ("White River"), including the associated
rights to purchase shares of Series B Participating Cumulative Preferred Stock,
par value $1.00 per share, of White River.
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
777 Westchester Avenue, Suite 201, White Plains, New York, 10604.
Item 2(a). NAME OF PERSON FILING:
Fund American Enterprises Holdings, Inc. ("Fund American") and its wholly
owned subsidiary Fund American Enterprises, Inc. ("FAE").
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
Fund American 80 South Main Street, Hanover, NH 03755
FAE 76 Olcott Drive, STE L6, White River Jct, VT 05001
Item 2(c). CITIZENSHIP:
Fund American and FAE are Delaware corporations.
Item 2(d). TITLE OF CLASS OF SECURITIES:
Common stock, par value $.01 per share, of White River, including the
associated rights to purchase shares of Series B Participating Cumulative
Preferred Stock, par value $1.00 per share, of White River.
Item 2(e). CUSIP NUMBER:
964452 10 6
Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b),
CHECK WHETHER THE PERSON FILING IS A:
Page 4 of 6 pages
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Not applicable.
Item 4. OWNERSHIP.
(a) AMOUNT BENEFICIALLY OWNED: 0 shares of Common Stock.
(b) PERCENT OF CLASS: 0%
(c) NUMBER OF SHARES AS TO WHICH FUND AMERICAN HAS:
(i) sole power to vote or to direct the vote:
0
(ii) shared power with FAE to vote or to direct the vote:
0
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power with FAE to dispose or to direct the disposition of:
0
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
Page 5 of 6 pages
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Item 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
Item 10. CERTIFICATION.
Not applicable.
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: February 5, 1999
FUND AMERICAN ENTERPRISES
HOLDINGS, INC.
By:
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Name: Michael S. Paquette
Title: Senior Vice President and
Controller
FUND AMERICAN ENTERPRISES, INC.
By:
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Name: James H. Ozanne
Title: President
Page 6 of 6 pages
