PETROLITE CORP
SC 13D/A, 1994-04-11
MISCELLANEOUS CHEMICAL PRODUCTS
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<PAGE> 1

                                                   ---------------------------
                                                           OMB APPROVAL
                                                   ---------------------------
                      UNITED STATES                OMB Number:       3235-0145
           SECURITIES AND EXCHANGE COMMISSION      Expires:   October 31, 1994
                  WASHINGTON, D.C. 20549           Estimated average burden
                                                   hours per form .......14.90
                                                   ---------------------------


                                  SCHEDULE 13D


                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
                          (AMENDMENT NO.     1     )*
                                        -----------


                              Petrolite Corporation
- ------------------------------------------------------------------------------
                                (Name of Issuer)


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


                                   716723 10 1
                      ------------------------------------
                                (CUSIP Number)

Jules Chasnoff, 408 Olive St., Suite 405, St. Louis, MO 63102 (314) 241-5950
- ------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
                                  Communications)

                                  March 31, 1994
             -------------------------------------------------------
             (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-I(b)(3) or (4), check the following box /X/.

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 the
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).



SEC 1746 (12-91)                Page 1 of 9 pages



<PAGE> 2



- -------------------------                           -------------------------
 CUSIP NO.   716723 10 1         SCHEDULE 13D        Page   2  of  9  Pages
          ---------------                                 ----    ---
- -------------------------                           -------------------------

- -----------------------------------------------------------------------------
 1  NAME OF REPORTING PERSON
    S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Michael V. Janes
       ###-##-####
- -----------------------------------------------------------------------------
 2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                   (a) /X/
                                                                   (b) / /
   See attached Item 5(b)
- -----------------------------------------------------------------------------
 3  SEC USE ONLY


- -----------------------------------------------------------------------------
 4  SOURCE OF FUNDS*
    OO
    PF
- -----------------------------------------------------------------------------
 5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  / /
    ITMES 2(d) OR 2(e)

- -----------------------------------------------------------------------------
 6  CITIZENSHIP OR PLACE OF ORGANIZATION

        United States of America
- -----------------------------------------------------------------------------
                7  SOLE VOTING POWER

  NUMBER OF              62,000
    SHARES      -------------------------------------------------------------
 BENEFICIALLY   8  SHARED VOTING POWER
   OWNED BY
     EACH             5,401,660
   REPORTING    -------------------------------------------------------------
    PERSON      9  SOLE DISPOSITIVE POWER
     WITH
                         62,000
                -------------------------------------------------------------
               10  SHARED DISPOSITIVE POWER

                      5,401,660
- -----------------------------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       5,674,183      See attached Item 5(a)
- -----------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /


- -----------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

       50.2%
- -----------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*

       IN
- -----------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
            INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
         (INCLUDING EXHIBITS) OF THE SCHEDULE AND THE SIGNATURE ATTESTATION.



<PAGE> 3
CUSIP NO. 716723 10 1                                PAGE 3 OF 9 PAGES

INTRODUCTORY NOTE

This Amendment No. 1 amends the information filed on Schedule 13D by
Michael V. Janes (the "undersigned") on February 24, 1994. All capitalized
terms used but not defined herein shall have the meanings assigned to them
in the Schedule 13D.

ITEM 1. SECURITY AND ISSUER

    Capital stock

    Petrolite Corporation ("Petrolite"), 369 Marshall Avenue,
    St. Louis, MO 63119

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

        (a) The undersigned, Barnickel Company, the Barnickel Trust,
            BBI, and BTC may each be deemed to beneficially own the
            aggregate number of shares and percentage of the class
            reported in rows (11) and (13) of the cover page by
            reason of the group status reported in row (2(a)) of the cover
            page (rows (11), (13) and (2(a)) of the cover page are
            incorporated by reference). Independent of any group, the
            undersigned beneficially owns 5,463,660 shares of the capital
            stock of Petrolite (the "undersigned's Shares"), which is 48.4%
            of such class. In addition, to the best of the undersigned's
            knowledge and independent of any group, Barnickel Company, the
            Barnickel Trust, BBI and BTC each beneficially own the shares of
            the capital stock of Petrolite attributed to them in Schedule A,
            which is incorporated by this reference. The
            undersigned disclaims group status and beneficial ownership of
            any shares other than the undersigned's Shares.

        (b) Rows (7) through (10) of the cover page and Schedule A are
            incorporated by this reference.

        The undersigned shares the power to vote or to direct the
        vote or to dispose or direct the disposition of the shares
        reported in rows (8) and (10) of the cover page with Barnickel
        Company, the Barnickel Trust, BBI and BTC (Schedule B is
        incorporated by this reference).



<PAGE> 4

CUSIP NO. 716723 10 1                                PAGE 4 OF 9 PAGES

        (c) To the best of the undersigned's knowledge, all transactions
            in the capital stock of Petrolite during the past 60 days are
            set forth in Schedule C, which is incorporated by reference.
            On March 31, 1994 and as set forth in Schedule C, BTC ceased
            to hold 681,808 shares of the capital stock of Petrolite as
            trustee of certain of Petrolite's employee benefit plans.

        (d) Barnickel Company, the Barnickel Trust, BBI, BTC and other
            persons, including the undersigned, William B. Janes, John V.
            Janes and Genevieve J. Brown as beneficiaries of the Barnickel
            Trust, share the right to receive or the power to direct the
            receipt of dividends from, or the proceeds from the sale of,
            such securities.

        (e) Inapplicable

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
        RESPECT TO SECURITIES OF THE ISSUER.

        As of March 7, 1994, the undersigned resigned as director
        of Petrolite.

        On March 31, 1994, BTC ceased to hold 681,808 shares of
        the capital stock of Petrolite as trustee of certain of
        Petrolite's employee benefit plans.



<PAGE> 5

CUSIP NO. 716723 10 1                                PAGE 5 OF 9 PAGES

                                   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:       4/8/94
     ---------------------------


  By:     /s/ MICHAEL V. JANES
     ---------------------------
     Michael V. Janes,
     Individually and as Trustee



<PAGE> 6

CUSIP NO. 716723 10 1                                PAGE 6 OF 9 PAGES

                                  SCHEDULE A

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

    With respect to Barnickel Company:

        Aggregate number of shares beneficially owned:
        5,337,360

        Percentage of class of securities beneficially owned:
        47.3%

        Number of shares as to which there is sole power to vote or
        to direct the vote:
        0

        Number of shares as to which there is shared power to vote or
        to direct the vote:
        5,337,360

        Number of shares as to which there is sole power to dispose
        or to direct the disposition:
        0

        Number of shares as to which there is shared power to dispose
        or to direct the disposition:
        5,337,360

    With respect to the Barnickel Trust:

        Aggregate number of shares beneficially owned:
        5,337,360

        Percentage of class of securities beneficially owned:
        47.3%

        Number of shares as to which there is sole power to vote
        or to direct the vote:
        0

        Number of shares as to which there is shared power to vote
        or to direct the vote:
        5,337,360

        Number of shares as to which there is sole power to dispose
        or to direct the disposition:
        0

        Number of shares as to which there is shared power to dispose
        or to direct the disposition:
        5,337,360



<PAGE> 7

CUSIP NO. 716723 10 1                                PAGE 7 OF 9 PAGES

    With respect to Boatmen's Bancshares, Inc. ("BBI"):

        Aggregate number of shares beneficially owned:
        5,608,683

        Percentage of class of securities beneficially owned:
        49.7%

        Number of shares as to which there is sole power to vote
        or to direct the vote:
        0

        Number of shares as to which there is shared power to vote
        or to direct the vote:
        5,608,683

        Number of shares as to which there is sole power to dispose
        or to direct the disposition:
        0

        Number of shares as to which there is shared power to dispose
        or to direct the disposition:
        5,577,297

    With respect to BTC:

        Aggregate number of shares beneficially owned:
        5,608,683

        Percentage of class of securities beneficially owned:
        49.7%

        Number of shares as to which there is sole power to vote
        or to direct the vote:
        127,905

        Number of shares as to which there is shared power to vote
        or to direct the vote:
        5,480,778

        Number of shares as to which there is sole power to dispose
        or to direct the disposition:
        14,941

        Number of shares as to which there is shared power to dispose
        or to direct the disposition:
        5,562,356



<PAGE> 8

CUSIP NO. 716723 10 1                                PAGE 8 OF 9 PAGES

                                  SCHEDULE B

ITEM 2. IDENTITY AND BACKGROUND

    With respect to Barnickel Company:

        State of organization: Missouri
        Principal business: private investment company
        Principal business address: P.O. Box 190189, St. Louis,
                      Missouri 63119
        Principal office address: P.O. Box 190189, St. Louis,
                      Missouri 63119
        Item 2(d): No
        Item 2(e): No

    With respect to the Barnickel Trust:

        State of organization: Missouri
        Principal business: administration of trust under will
        Principal business address: c/o Boatmen's Trust Company,
                      100 N. Broadway, St. Louis, Missouri 63102
        Principal office address: c/o Boatmen's Trust Company,
                      100 N. Broadway, St. Louis, Missouri 63102
        Item 2(d): No
        Item 2(e): No

    With respect to BBI:

        State of organization: Missouri
        Principal business: bank holding company
        Principal business address: One Boatmen's Plaza, St. Louis,
                      Missouri 63101
        Principal office address: One Boatmen's Plaza, St. Louis,
                      Missouri 63101
        Item 2(d): No
        Item 2(e): No

    With respect to BTC:

        State of organization: Missouri
        Principal business: trust company
        Principal business address: 100 N. Broadway, St. Louis,
                      Missouri 63102
        Principal office address: 100 N. Broadway, St. Louis,
                      Missouri 63102
        Item 2(d): No
        Item 2(e): No



<PAGE> 9

CUSIP NO. 716723 10 1                                PAGE 9 OF 9 PAGES
<TABLE>

                                  SCHEDULE C

                                              TRANSACTIONS DURING THE PAST SIXTY DAYS
                                              ---------------------------------------
===================================================================================================================================
<CAPTION>
   IDENTITY OF                 DATE OF                  NUMBER OF                PRICE PER              DESCRIPTION OF
     PERSON                  TRANSACTION                 SHARES                    SHARE                  TRANSACTION
  ------------               -----------                ---------                ----------             --------------
<S>                         <C>                        <C>                       <C>                    <C>
- -----------------------------------------------------------------------------------------------------------------------------------
BTC, as trustee                2/14/94                     125                     $32.00                Open Market Sale
of private
individual trust
- -----------------------------------------------------------------------------------------------------------------------------------
BTC, as trustee                3/31/94                 681,808                      N/A                  Cessation of status as
of employee                                                                                              trustee of employee
benefit plan                                                                                             benefit plan
===================================================================================================================================
</TABLE>


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