<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 8)*
PETROLITE CORPORATION
---------------------
(Name of Issuer)
CAPITAL STOCK
-----------------------------
(Title of Class of Securities)
716723 10 1
--------------
(CUSIP Number)
Wm. S. Barnickel & Company
c/o Jules Chasnoff
Lowenhaupt & Chasnoff, L.L.C.
10 South Broadway, Suite 600
St. Louis, MO 63102-1733
(314) 241-5950
-------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 7, 1997
------------------------------------------------------
(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 equity 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.)
(Continued on Following Pages)
(Page 1 of 26 pages)
- ---------------
* 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 and
Exchange Act of 1934, as amended (the "Exchange 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).
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 2 of 26 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wm. S. Barnickel & Company 43-6029518
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X] (b) [ ] (See Items 3, 4 and 5 below)
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. SOURCE OF FUNDS 00 (See Item 3 below)
- -------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ] [N/A]
- -------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri Corporation
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 5,337,360 shares
----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER -0- shares
(See Item 5 below)
OWNED BY EACH ----------------------------------------------------------
9. SOLE DISPOSITIVE POWER 5,337,360 shares
REPORTING ----------------------------------------------------------
10. SHARED DISPOSITIVE POWER -0- shares
PERSON WITH (See Item 5 below)
- -------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,590,778 shares (See Item 5 below)
- -------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ] [N/A]
- -------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.19%
- -------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 3 of 26 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NationsBank Corporation 56-0906609
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X] (b) [ ] (See Items 3, 4 and 5 below)
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. SOURCE OF FUNDS 00 (See Item 3 below)
- -------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [X]
- -------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
North Carolina Corporation
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER -0- shares
----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 5,558,332 shares
(See Item 5 below)
OWNED BY EACH ----------------------------------------------------------
9. SOLE DISPOSITIVE POWER -0- shares
REPORTING ----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 5,547,702 shares
PERSON WITH (See Item 5 below)
- -------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,590,778 shares (See Item 5 below)
- -------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ] [N/A]
- -------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.19%
- -------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
HC
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 4 of 26 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Boatmen's Trust Company 43-0497480
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X] (b) [ ] (See Items 3, 4 and 5 below)
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. SOURCE OF FUNDS 00 (See Item 3 below)
- -------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [X]
- -------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri Corporation
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 124,101 shares
----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 5,434,231 shares
(See Item 5 below)
OWNED BY EACH ----------------------------------------------------------
9. SOLE DISPOSITIVE POWER 16,167 shares
REPORTING ----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 5,531,535 shares
PERSON WITH (See Item 5 below)
- -------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,590,778 (See Item 5 below)
- -------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ] [N/A]
- -------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.19%
- -------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
BK
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 5 of 26 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The John S. Lehmann Trust f/b/o John S. Lehmann, Jr. 43-6401897
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X] (b) [ ] (See Items 3, 4 and 5 below)
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. SOURCE OF FUNDS 00 (See Item 3 below)
- -------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ] [N/A]
- -------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri Trust
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER -0- shares
----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER -0- shares
(See Item 5 below)
OWNED BY EACH ----------------------------------------------------------
9. SOLE DISPOSITIVE POWER -0- shares
REPORTING ----------------------------------------------------------
10. SHARED DISPOSITIVE POWER -0- shares
PERSON WITH (See Item 5 below)
- -------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,590,778 shares (See Item 5 below)
- -------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ] [N/A]
- -------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.19%
- -------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 6 of 26 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The John S. Lehmann Trust f/b/o Frederick W. Lehmann III 43-6401898
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X] (b) [ ] (See Items 3, 4 and 5 below)
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. SOURCE OF FUNDS 00 (See Item 3 below)
- -------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ] [N/A]
- -------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri Trust
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER -0- shares
----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER -0- shares
(See Item 5 below)
OWNED BY EACH ----------------------------------------------------------
9. SOLE DISPOSITIVE POWER -0- shares
REPORTING ----------------------------------------------------------
10. SHARED DISPOSITIVE POWER -0- shares
PERSON WITH (See Item 5 below)
- -------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,590,778 shares (See Item 5 below)
- -------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ] [N/A]
- -------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.19%
- -------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 7 of 26 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Genevieve J. Brown ###-##-####
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X] (b) [ ] (See Items 3, 4 and 5 below)
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. SOURCE OF FUNDS 00 (See Item 3 below)
- -------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ] [N/A]
- -------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 5,846 shares
----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 5,375,850 shares
(See Item 5 below)
OWNED BY EACH ----------------------------------------------------------
9. SOLE DISPOSITIVE POWER 5,846 shares
REPORTING ----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 5,375,850 shares
PERSON WITH (See Item 5 below)
- -------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,590,778 shares (See Item 5 below)
- -------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ] [N/A]
- -------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.19%
- -------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 8 of 26 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 Items 3, 4 and 5 below)
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. SOURCE OF FUNDS 00 (See Item 3 below)
- -------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ] [N/A]
- -------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 200 shares
----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 5,375,063 shares
(See Item 5 below)
OWNED BY EACH ----------------------------------------------------------
9. SOLE DISPOSITIVE POWER 200 shares
REPORTING ----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 5,425,463 shares
PERSON WITH (See Item 5 below)
- -------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,590,778 shares (See Item 5 below)
- -------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ] [N/A]
- -------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.19%
- -------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 9 of 26 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William B. Janes ###-##-####
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X] (b) [ ] (See Items 3, 4 and 5 below)
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. SOURCE OF FUNDS 00 (See Item 3 below)
- -------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ] [N/A]
- -------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 23,400 shares
----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 5,337,360 shares
(See Item 5 below)
OWNED BY EACH ----------------------------------------------------------
9. SOLE DISPOSITIVE POWER 23,400 shares
REPORTING ----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 5,337,360 shares
PERSON WITH (See Item 5 below)
- -------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,590,778 shares (See Item 5 below)
- -------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ] [N/A]
- -------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.19%
- -------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 10 of 26 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fairfax F. Pollnow ###-##-####
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X] (b) [ ] (See Items 3, 4 and 5 below)
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. SOURCE OF FUNDS 00 (See Item 3 below)
- -------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ] [N/A]
- -------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7. SOLE VOTING POWER 3,000 shares
----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER 5,337,360 shares
(See Item 5 below)
OWNED BY EACH ----------------------------------------------------------
9. SOLE DISPOSITIVE POWER 3,000 shares
REPORTING ----------------------------------------------------------
10. SHARED DISPOSITIVE POWER 5,337,360 shares
PERSON WITH (See Item 5 below)
- -------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,590,778 shares (See Item 5 below)
- -------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES [ ] [N/A]
- -------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
49.19%
- -------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 11 of 26 Pages
- --------------------------------------------------------------------------------
INTRODUCTORY NOTE.
This statement is filed on behalf of Wm. S. Barnickel & Company, a
Missouri corporation ("Barnickel Company"); NationsBank Corporation, a North
Carolina corporation ("NationsBank"); its subsidiary, Boatmen's Trust Company, a
Missouri corporation ("BTC");The John S. Lehmann Trust f/b/o John S. Lehmann,
Jr. ("Lehmann Trust I") and The John S. Lehmann Trust f/b/o Frederick W. Lehmann
III ("Lehmann Trust II") (Lehmann Trust I and Lehmann II are hereinafter
referred to collectively as the "Lehmann Trusts") established under the
Indenture of Trust of John S. Lehmann dated July 8, 1959, as amended; Genevieve
J. Brown, Michael V. Janes, and William B. Janes (Genevieve J. Brown, Michael V.
Janes and William B. Janes are referred to herein collectively as the "Janeses")
and Fairfax F. Pollnow. NationsBank, BTC, Barnickel Company, Lehmann Trust I,
Lehmann Trust II, Genevieve J. Brown, Michael V. Janes, William B. Janes and
Fairfax F. Pollnow are hereinafter referred to as the "Reporting Persons."
This Amendment No. 8 is being filed on behalf of the Reporting Persons
and supplements and amends the information set forth in Schedule 13D filed on
February 24, 1994, as amended by Amendments No. 1, No. 2, No. 3, No. 4, No. 5,
No. 6 and No. 7 filed on, respectively, April 8, 1994, July 11, 1994,
December 9, 1994, February 10, 1995, June 8, 1995, November 12, 1996 and
November 27, 1996 previously filed by the Reporting Persons and The William S.
Barnickel Testamentary Trust, a former Missouri trust (the "Barnickel Trust").
The filing of this Schedule 13D should not be construed as an admission
that the Reporting Persons constitute a group or are the beneficial owners of
the shares of capital stock of Petrolite Corporation ("Capital Stock") indicated
below.
Each signatory hereto acknowledges responsibility with respect to the
information provided as to such signatory but assumes no responsibility as to
information as to any other signatory.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 is hereby supplemented as follows:
NationsBank Corporation, a North Carolina corporation, is a registered
bank holding company with its principal executive office at NationsBank
Corporate Center, Charlotte, North Carolina 28255.
BTC is a subsidiary of NationsBank with its principal executive office
at 100 North Broadway, St. Louis, MO 63102. BTC and its affiliated banks' trust
departments offer investment and trust services to a broad range of individuals
and institutional clients.
Attached hereto as Schedules I and II is the information required by
Items 2(a) - (c) and 2(f) with respect to (i) each director and executive
officer of NationsBank and (ii) each directorand executive officer of BTC. To
the best knowledge of NationsBank and BTC, no other corporation or other person
is ultimately in control of NationsBank or BTC.
Neither NationsBank Corporation nor BTC, nor to the best of their
knowledge any person listed on Schedule I or II hereto, has been, during the
last five years, (a) convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or (b) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 12 of 26 Pages
- --------------------------------------------------------------------------------
such proceeding was 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 violations with respect to such laws.
This statement is being filed while the Reporting Persons are in the
process of verifying information required herein from directors and executive
officers of NationsBank and BTC. If the Reporting Persons obtain information
that would cause a change in the information contained in this statement on
Amendment No. 8 of Schedule 13D, an amendment to this statement will be filed
which will set forth such change in information.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby supplemented as follows:
NationsBank acquired beneficial ownership of the shares of Capital Stock
of the Petrolite Corporation formerly beneficially owned by Boatmen's
Bancshares, Inc. as a result of the acquisition of Boatmen's Bancshares, Inc. by
NationsBank Corporation on January 7, 1997. (See Item 4 below for details).
ITEM 4. PURPOSE OF TRANSACTION
Item 4 is hereby supplemented as follows:
NationsBank Corporation, a North Carolina corporation, completed the
acquisition of Boatmen's Bancshares, Inc., a Missouri corporation, on January 7,
1997, pursuant to an Agreement and Plan of Merger, dated as of August 29, 1996,
as amended (the "Merger Agreement"). The Merger Agreement provided for the
merger of Boatmen's Bancshares, Inc. into NationsBank Corporation. As a result
of the completion of the merger the shares of Capital Stock of the Petrolite
Corporation formerly beneficially owned by Boatmen's Bancshares, Inc. are now
beneficially owned by NationsBank Corporation.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 is hereby supplemented and amended as follows:
To the best knowledge of NationsBank and BTC, none of the directors or
executive officers of NationsBank or BTC beneficially own any shares of Capital
Stock of the Company, except as set forth in Schedule V.
Information concerning the percentage of outstanding shares of Capital
Stock beneficially owned is based on 11,364,448 shares of Capital Stock
outstanding as of January 3, 1997, as reported in the Company's Annual Report on
Form 10-K for the period ended October 30, 1996.
The filing of this Schedule 13D should not be construed as an admission that
the Reporting Persons constitute a group or are the beneficial owners of the
shares of Capital Stock indicated below.
(a) The Reporting Persons may be deemed collectively to
beneficially own 5,590,778 shares of Capital Stock, or 49.19% by reason of their
potential group status. Independently of such potential group status,
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 13 of 26 Pages
- --------------------------------------------------------------------------------
NationsBank and BTC may be deemed to beneficially own 220,972 shares of Capital
Stock, or 1.94%.
Each of the Reporting Persons disclaims group status and
beneficial ownership with respect to the shares of Capital Stock, other than
5,337,360 shares of Capital Stock owned by Barnickel Company, beneficially owned
by certain members of the group.
(b) Independently of any potential group status, NationsBank as
the beneficial owner of 90% of the outstanding capital stock of BTC may be
deemed to have shared voting power over 220,972 shares of capital stock of the
Company and shared dispositive power over 210,342 shares of capital stock of the
Company. Of the 220,972 shares of capital stock of the Company it may be deemed
to beneficially own, BTC has sole voting power over 124,101 shares of capital
stock of the Company; shared voting power over 96,871 shares of capital stock of
the Company; sole dispositive power over 16,167 shares of capital stock of the
Company; and shared dispositive power over 194,175 shares of capital stock of
the Company.
Taking into consideration potential group status with Barnickel
Company, NationsBank has shared voting power over 5,558,332 shares of Capital
Stock and shared dispositive power over 5,547,702 shares of Capital Stock. BTC
has sole voting power over 124,101 shares of Capital Stock; shared voting power
over 5,434,231 shares of Capital Stock; sole dispositive power over 16,167
shares of Capital Stock; and shared dispositive power over 5,531,535 shares of
Capital Stock.
(c) All transactions in the Capital Stock of the Company that
were effected during the past 60 days (computed back from January 15, 1997) by
the Reporting Persons are set forth on Schedule VIII hereto and are incorporated
herein by reference. To the best of the knowledge of the Reporting Persons, none
of the persons listed on Schedule I, II or III has effected any transactions in
the Capital Stock of the Company during the past 60 days, except as shown on
Schedule VIII.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
The following additional exhibits are filed with this Amendment No. 8:
Exhibit 1. Power of Attorney of NationsBank Corporation
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 14 of 26 Pages
- --------------------------------------------------------------------------------
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
accurate, dated in each case as of January 30, 1997.
NATIONSBANK CORPORATION
/S/ BRUCE L. TALEN
----------------------------------------
Signature
Bruce L. Talen, Attorney-in-Fact
----------------------------------------
(Name/Title)
BOATMEN'S TRUST COMPANY
/S/ BRUCE L. TALEN
----------------------------------------
Signature
Bruce L. Talen, Vice President
----------------------------------------
(Name/Title)
WM. S. BARNICKEL & COMPANY
/S/ BRUCE L. TALEN
----------------------------------------
Signature
Bruce L. Talen, Attorney-in-Fact
----------------------------------------
(Name/Title)
JOHN S. LEHMANN TRUST F/B/O
FREDERICK W. LEHMANN III
By: Boatmen's Trust Company, Trustee
By: /S/ BRUCE L. TALEN
----------------------------------------
Bruce L. Talen, Vice President
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 15 of 26 Pages
- --------------------------------------------------------------------------------
JOHN S. LEHMANN TRUST F/B/O
JOHN S. LEHMANN, JR.
By: Boatmen's Trust Company, Trustee
By: /S/ BRUCE L. TALEN
----------------------------------------
Bruce L. Talen, Vice President
/S/ GENEVIEVE J. BROWN*
----------------------------------------
Genevieve J. Brown
/S/ MICHAEL V. JANES*
----------------------------------------
Michael V. Janes
/S/ WILLIAM B. JANES*
----------------------------------------
William B. Janes
/S/ FAIRFAX F. POLLNOW*
----------------------------------------
Fairfax F. Pollnow
* By: /S/ BRUCE L. TALEN
-----------------------------------
Bruce L. Talen, as attorney-in-fact
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 16 of 26 Pages
- --------------------------------------------------------------------------------
INDEX OF SCHEDULES
Schedule I Directors and Executive Officers of NationsBank Corporation
Schedule II Directors and Executive Officers of BTC
Schedule V Interest in Securities of the Company of Directors and Executive
Officers of NationsBank Corporation and BTC
Schedule VIII Transactions During the Past Sixty Days
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 17 of 26 Pages
- --------------------------------------------------------------------------------
SCHEDULE I
DIRECTORS AND EXECUTIVE OFFICERS OF NATIONSBANK
The following information completely replaces Schedule I to the Schedule
13D, as amended, and lists the names, residence or business addresses, principal
occupation or employment (together with the name, principal business and address
of the employer, if other than NationsBank Corporation), and citizenship of each
of the directors and executive officers of NationsBank Corporation:
<TABLE>
DIRECTORS OF NATIONSBANK*
<CAPTION>
Business Address of Individual and
the Organization with which Present Principal Occupation
Name Individual is Principally Employed or Employment
- ------------------------ -------------------------------------- --------------------------------
<C> <C> <C>
Ronald W. Allen Hartsfield Atlanta Int'l Airport Chairman of the Board,
Atlanta, GA 30320 President and Chief Executive
Officer, Delta Airlines, Inc.
Ray C. Anderson 2859 Paces Ferry Rd. Chairman, President and CEO,
Suite 2000 Interface, Inc. (manufacturer)
Atlanta, GA 30339
William M. Barnhardt 6100 Fairview Road Chairman of the Board,
Suite 970 Southern Webbing Mills, Inc.
Charlotte, NC 28210 (textile manufacturing company)
B. A. Bridgewater, Jr. 8300 Maryland Ave. Chairman, President and Exec.
Clayton, MO 63105 Officer, Brown Group, Inc.
(footwear)
Thomas E. Capps 901 East Byrd Street Chairman of the Board,
Riverfront Plaza, West Tower President and Chief Executive
Richmond, VA 23219-4072 Officer, Dominion Resources,
Inc. (electric utility holding
company)
Charles W. Coker North Second Street Chairman and Chief Executive
Hartsville, SC 29550 Officer, Sonoco Products
Company (manufacturer of
paper and plastic products)
Thomas G. Cousins 2500 Windy Ridge Parkway
Suite 1600
Atlanta, GA 30339 Chairman and Chief Executive
Officer, Cousins Properties
Incorporated (real estate
development company)
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 18 of 26 Pages
- --------------------------------------------------------------------------------
<CAPTION>
Business Address of Individual and
the Organization with which Present Principal Occupation
Name Individual is Principally Employed or Employment
- ------------------------ -------------------------------------- --------------------------------
<C> <C> <C>
Andrew B. Craig, III One Boatmen's Plaza Chairman of the Board,
800 Market Street NationsBank Corporation
St. Louis, MO 63101
Alan T. Dickson Suite 2000 Chairman, Ruddick Corporation
Two First Union Center (diversified holding company)
Charlotte, NC 28282
W. Frank Dowd, Jr. 2109 Randolph Road Chairman of the Executive
Charlotte, NC 28207 Committee, Charlotte Pipe &
Foundry Company
(manufacturer of cast iron and
plastic pipe and fittings)
Paul Fulton University of North Carolina Dean, Kenan-Flagler Business
Campus Box 3490, Carroll Hall School, University of North
Chapel Hill, NC 27599-3490 Carolina
Timothy L. Guzzle 702 North Franklin Street Chairman of the Board and
Tampa, FL 33602 Chief Executive Officer, TECO
Energy, Inc. (electric utility
holding company)
C. Ray Holman 7783 Forsyth Blvd. Chairman and CEO,
Clayton, MO 63105 Mallinckrodt, Inc. (human and
animal health care products and
specialty chemicals)
W. W. Johnson 1301 Gervais Street Chairman of the Executive
Columbia, SC 29201 Committee, NationsBank
Corporation
Hugh L. McColl, Jr. NationsBank Corporate Center Chief Executive Officer,
Charlotte, NC 28255 NationsBank Corporation
Russell W. Meyer, Jr. #1 Cessna Blvd. Chairman and CEO, The Cessna
Wichita, KS 67215 Aircraft Company (general
aircraft manufacturer)
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 19 of 26 Pages
- --------------------------------------------------------------------------------
<CAPTION>
Business Address of Individual and
the Organization with which Present Principal Occupation
Name Individual is Principally Employed or Employment
- ------------------------ -------------------------------------- --------------------------------
<C> <C> <C>
John J. Murphy 4324 Bordeaux Ave. Retired, Chairman of the Board,
Dallas, TX 75205 Dresser Industries, Inc.
(supplier of engineered products
and services utilized in energy-
related activities)
Richard B. Priory 422 S. Church St. President and COO, Duke
Charlotte, NC 28242-0001 Power Company (public utility
company)
John C. Slane 313 South Centennial President, Slane Hosiery Mills,
High Point, NC 27260 Inc. (manufacturer of textile
products)
O. Temple Sloan, Jr. 2635 Millbrook Rd. Chairman, General Parts, Inc.
Raleigh, NC 27611 (distributor of automatic
replacement parts)
John W. Snow 901 East Cary Street Chairman of the Board,
One James Center, 20th Floor President and Chief Executive
Richmond, VA 23219 Officer, CSX Corporation
(transportation company)
Meredith R. Spangler 400 East Franklin Street Trustee and Board Member
Chapel Hill, NC 27514
Robert H. Spilman 235 Main Street Chairman of the Board and
Bassett, VA 24055 Chief Executive Officer, Bassett
Furniture Industries, Inc.
(furniture manufacturer)
Albert E. Suter 8000 West Florissant Director, Senior Vice Chairman
St. Louis, MO 63136 and Chief Operating Officer,
Emerson Electric Co.
(manufacturer of electrical and
electronic products)
Ronald Townsend 1100 Wilson Boulevard President/Gannett Television
Arlington, VA 22234 (communications company)
E. Craig Wall, Jr. 2431 Highway 501 President, Canal Industries, Inc.
Conway, SC 29526 (forest products)
Jackie M. Ward Building G, Fourth Floor President and Chief Executive
5775 Peachtree-Dunwoody Road Officer, Computer Generation
Atlanta, GA 30342 Incorporated (computer software
company)
Virgil R. Williams 2076 West Park Pl. Chairman and CEO, Williams
Stone Mountain, GA 30087 Group Int'l, Inc. (industrial
contracting)
</TABLE>
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 20 of 26 Pages
- --------------------------------------------------------------------------------
<TABLE>
ADDITIONAL EXECUTIVE OFFICERS OF NATIONSBANK*
<CAPTION>
Business Address of Individual and
the Organization with which Present Principal Occupation
Name Individual is Principally Employed or Employment
- ------------------------ -------------------------------------- --------------------------------
<C> <C> <C>
Fredric J. Figge, II NationsBank Corporate Center Chairman, Corporate Risk
Charlotte, NC 28255 Policy, NationsBank
Corporation
James H. Hance, Jr. NationsBank Corporate Center Vice Chairman and Chief
Charlotte, NC 28255 Financial Officer, NationsBank
Corporation
Kenneth D. Lewis NationsBank Corporate Center President, NationsBank
Charlotte, NC 28255 Corporation
Marc D. Oken NationsBank Corporate Center Executive Vice President and
Charlotte, NC 28255 Chief Accounting Officer,
NationsBank Corporation
F. William Vandiver NationsBank Corporate Center President, Global Finance,
Charlotte, NC 28255 NationsBank Corporation
- ---------------
<FN>
* To the best knowledge of NationsBank, each of the listed directors and
executive officers is a citizen of the United States.
</TABLE>
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 21 of 26 Pages
- --------------------------------------------------------------------------------
SCHEDULE II
DIRECTORS AND EXECUTIVE OFFICERS OF BTC
The following information completely replaces Schedule II to the
Schedule 13D, as amended, and lists the names, residence or business addresses,
principal occupation or employment (together with the name, principal business
and address of the employer, if other than NationsBank or BTC), and citizenship
of each of the directors and executive officers of BTC:
HOWARD F. BAER, Director of BTC; Private Investor, 232 N. Kingshighway,
Suite 504, St. Louis, MO 63108; U.S.A.
CLARENCE C. BARKSDALE, Director of BTC; Vice Chairman, Washington
University, 1130 Hampton Avenue, St. Louis, MO 63139; U.S.A.
GERALD D. BLATHERWICK, Director of BTC; Retired Vice Chairman - Human
Resources and Corporate Communications - Southwestern Bell Corporation, 26
Fordyce Lane, St. Louis, MO 63124; U.S.A.
MARY JANE BLOCK, Executive Vice President of BTC; U.S.A
STEPHEN F. BRAUER, Director of BTC; President, Hunter Engineering
Company, an engineering company; 11250 Hunter Drive, Bridgeton, MO 63044; U.S.A.
LYLE W. BRIZENDINE, Executive Vice President of BTC; U.S.A.
MARY LEYHE BURKE, PH.D., Director of BTC; Head of School, Whitfield
School; a private secondary school; 175 South Mason Road, St. Louis, MO 63141;
U.S.A.
J.J. LANDERS CARNAL, Executive Vice President of BTC; Switzerland and
U.S.A.
ANDREW B. CRAIG, III, Director of BTC; Chairman of the Board
NationsBank; One Boatmen's Plaza, 800 Market Street, St. Louis, MO 63101; U.S.A.
DONALD DANFORTH, JR., Director of BTC; President, Danforth
Agri-Resources, Inc., a diversified investments and management company; 700
Corporate Park Drive, Suite 330, St. Louis MO 63105; U.S.A.
JOHN C. DANFORTH, Partner, Bryan Cave LLP, One Metropolitan Square, 211
N. Broadway, Suite 3600, St. Louis, MO 63102; U.S.A.
THOMAS S. DARNALL, JR. Executive Vice President of BTC; U.S.A.
MARTIN E. GALT, III, Director of BTC; Chairman, Chief Executive Officer
and President, BTC; U.S.A.
A. WILLIAM HAGER, Director of BTC; Chairman of the Board, Hager Hinge
Company; a hinge manufacturing company; 139 Victor Street, St. Louis, MO 63104;
U.S.A.
SAMUEL B. HAYES, III, Director of BTC; Chairman of the Board, The
Boatmen's National Bank of St. Louis, One Boatmen's Plaza, 800 Market Street,
St. Louis, MO 63101; U.S.A.
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 22 of 26 Pages
- --------------------------------------------------------------------------------
ROBERT B. HOFFMAN, Senior Vice President and Chief Financial Officer,
Monsanto Company, 800 North Lindbergh Blvd., St. Louis, MO 63167; U.S.A.
ROBERT E. KRESKO, Director of BTC; Retired Partner, Trammell Crowe
Company, a real estate development company; Pierre Laclede Center, 7701 Forsyth
Blvd., Suite 680, St. Louis, MO 63105; U.S.A.
JOHN PETERS MACCARTHY, Director and Retired Chairman and Chief Executive
Officer of BTC; U.S.A.
JAMES S. MCDONNELL III, Director of BTC; Retired Vice President,
McDonnell Douglas Corporation; 40 Glen Eagles Drive, St. Louis, MO 63124; U.S.A.
JOHN B. MCKINNEY, Director of BTC; President & Chief Executive Officer,
Laclede Steel Company; a steel manufacturer; One Metropolitan Square, 15th
Floor, St. Louis, MO 63102; U.S.A.
REUBEN M. MORRISS, III, Retired Vice Chairman of BTC; 10048 Litzsinger
Rd., St. Louis, MO 63124; U.S.A.
WILLIAM C. NELSON, Director of BTC; Chairman, President and Chief
Executive Officer, Boatmen's First National Bank of Kansas City; 10th &
Baltimore, P.O. Box 419038; Kansas City, MO 64183; U.S.A.
KIMBERLY A. OLSON, Executive Vice President, Group One Capital, Inc.,
1611 Des Peres Road, St. Louis, MO 63131; U.S.A.
WILLIAM A. PECK, M.D., Director of BTC; Executive Vice Chancellor and
Dean, Washington University School of Medicine, 660 South Euclid Avenue, Box
8106, St. Louis, MO 63110; U.S.A.
W.R. PERSONS, Director of BTC; Retired Chairman and Chief Executive
Officer, Emerson Electric Co.; 7811 Carondelet, Suite 201, St. Louis, MO 63105;
U.S.A.
JERRY E. RITTER, Director of BTC; Chairman of the Board, Kiel Center
Partners, L.P., 1401 Clark Street, St. Louis, MO 63103; U.S.A.
HUGH SCOTT, III, Director of BTC; Chairman and Chief Executive Officer,
Western Diesel Services, Inc., an industrial company; 101 S. Hanley, Suite 1910,
St. Louis, MO 63105; U.S.A.
RICHARD W. SHOMAKER, Director of BTC; Consultant, Brown Group, Inc., a
footwear and specialty retailing company; 8400 Maryland Avenue, St. Louis, MO
63105; U.S.A.
BRICE R. SMITH, JR., Director of BTC; Chairman of the Board, Sverdrup
Corporation, an engineering and design company; 13723 Riverport Drive, Maryland
Heights, MO 63043; U.S.A.
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 23 of 26 Pages
- --------------------------------------------------------------------------------
WILLIAM D. STAMPER, Director of BTC; President, W.D. Stamper Company, a
small capitalization investment company; 7777 Bonhomme, Suite 1006, St. Louis,
MO 63105; U.S.A.
V. RAYMOND STRANGHOENER, Executive Vice President, General Counsel and
Secretary of BTC.
JANET MCAFEE WEAKLEY, Director of BTC; Chairman and Chief Executive
Officer, Janet McAfee, Inc., a real estate brokerage company, 149 N. Meramac
Ave., St. Louis, MO 63105; U.S.A.
GORDON E. WELLS, Director of BTC; Retired Chairman of the Board,
Boatmen's First National Bank of Kansas City; 3121 West 67th Terrace, Shawnee
Mission, Kansas 66208; U.S.A.
EUGENE F. WILLIAMS, JR., Director of BTC; Retired Chairman of the Board
of Centerre Trust Company of St. Louis; 515 Olive Street, Suite 1505, St. Louis
MO 63101; U.S.A.
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 24 of 26 Pages
- --------------------------------------------------------------------------------
SCHEDULE V
INTEREST IN SECURITIES OF THE COMPANY OF DIRECTORS AND EXECUTIVE
OFFICERS OF NATIONSBANK AND BTC
To the best of the knowledge of NationsBank and BTC, none of the
directors or executive officers of NationsBank or BTC beneficially own any
shares of Capital Stock of the Company except as set forth below:
Sole Shared
Sole Voting Shared Voting Dispositive Dispositive
Name Power Power Power Power
- -------------------- ------------- ------------- ------------- -------------
Andrew B. Craig III 7,000 -- 7,000 --
Samuel B. Hayes -- -- 1,000 --
- ---------------
* Includes 6,000 shares deemed to be beneficially owned pursuant to stock
options that are presently exercisable.
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 25 of 26 Pages
- --------------------------------------------------------------------------------
SCHEDULE VIII
TRANSACTIONS DURING THE PAST SIXTY DAYS*
None
- ---------------
*Computed from January 15, 1997
<PAGE>
CUSIP No. 716723 10 1 SCHEDULE 13D Page 26 of 26 Pages
- --------------------------------------------------------------------------------
EXHIBIT 1
POWER OF ATTORNEY
NationsBank Corporation, a corporation duly organized under the laws of
the State of North Carolina, does hereby make, constitute and appoint V. Raymond
Stranghoener and Bruce L. Talen and each of them, acting severally, each of
whose address is c/o Boatmen's Trust Company, 100 North Broadway, St. Louis,
Missouri, 63102, as its true and lawful attorneys-in-fact, for it in its name,
place and stead to:
(i) execute on its behalf and cause to be filed or delivered, as
required under Section 13(d) of the Securities Exchange Act of 1934 (the
"Act"), any number, as appropriate, of original, copies, or electronic
filings of the Securities and Exchange Commission Schedule 13D or
Schedule 13G Beneficial Ownership Reports (together with any amendments
and joint filing agreements under Rule 13d-1(f)(1) of the Act, as may be
required) to be filed or delivered with respect to any equity security
(as defined in Rule 13d-1(d) under the Act) issued by Petrolite
Corporation, a Delaware corporation, beneficially owned by NationsBank
Corporation and which must be reported by NationsBank Corporation
pursuant to Section 13(d) of the Act,
(ii) to execute on its behalf and cause to be filed or delivered,
any number, as appropriate, of original copies or electronic filings of
any forms (including, Securities and Exchange Commission Forms 3, 4, and
5) required to be filed pursuant to Section 16(a) of the Act with
respect to Petrolite Corporation securities, and
(iii) take such other actions and perform such other things
necessary to effect the foregoing.
This Power of Attorney shall remain in effect until revoked, in writing,
by NationsBank Corporation.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney
this 16th day of January, 1997.
NationsBank Corporation
By: /s/ D. W. Fisher
------------------------------------
Title: President, NationsBank Trust
