UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 2)
Under the Securities Exchange Act of 1934
PARIS CORPORATION
-----------------
(Name of Issuer)
Common Stock, $.004 par value per share
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(Title of Class of Securities)
699556106
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(CUSIP Number)
Frederick W. Dreher, Esquire
Duane, Morris & Heckscher LLP
4200 One Liberty Place
Philadelphia, Pennsylvania 19103-7396
(215) 979-1234
--------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 23, 1999
-------------------------------------------------------
(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(e), 13d-1(f) or 13d-1(g), check the following box
|_|.
Note: Schedules filed in paper format shall include a signed original and five
copies of the Schedule, including all exhibits. See Rule 13d-7(b) 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).
CUSIP No. 699556106
<PAGE>
- ------------------------- --------------------------
CUSIP No. 699556106 Page 2 of 6 Pages
- ------------------------- --------------------------
- -------------------------------------------------------------------------------
1 | NAME OF REPORTING PERSONS
| S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)
|
| Henry Partners, L.P.
|
- -------------------------------------------------------------------------------
|
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
| (a) |_|
| (b) |X|
- --------------------------------------------------------------------------------
3 | SEC USE ONLY
|
- --------------------------------------------------------------------------------
4 | SOURCE OF FUNDS (See Instructions)
|
| Not Applicable
- --------------------------------------------------------------------------------
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
| TO ITEMS 2(d) OR 2(e)
| |_|
- --------------------------------------------------------------------------------
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
|
| State of Delaware
- --------------------------------------------------------------------------------
| 7 | SOLE VOTING POWER
| |
| | 175,500 Shares
NUMBER OF SHARES |-----|--------------------------------------
BENEFICIALLY | 8 | SHARED VOTING POWER
OWNED BY EACH | |
REPORTING PERSON | | None
WITH |-----|--------------------------------------
| 9 | SOLE DISPOSITIVE POWER
| |
| | 175,500 Shares
|-----|--------------------------------------
| 10 | SHARED DISPOSITIVE POWER
| |
| | None
- --------------------------------------------------------------------------------
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 175,500 Shares
- --------------------------------------------------------------------------------
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
| SHARES (See Instructions)
| |_|
- --------------------------------------------------------------------------------
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
| 4.94%
|
- --------------------------------------------------------------------------------
14 | TYPE OF REPORTING PERSON*
| PN
|
- --------------------------------------------------------------------------------
<PAGE>
- ------------------------- --------------------------
CUSIP No. 699556106 Page 3 of 6 Pages
- ------------------------- --------------------------
- -------------------------------------------------------------------------------
1 | NAME OF REPORTING PERSONS
| S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)
|
| Henry Investment Trust
|
- -------------------------------------------------------------------------------
|
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
| (a) |_|
| (b) |X|
- --------------------------------------------------------------------------------
3 | SEC USE ONLY
|
- --------------------------------------------------------------------------------
4 | SOURCE OF FUNDS (See Instructions)
|
| Not Applicable
- --------------------------------------------------------------------------------
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
| TO ITEMS 2(d) OR 2(e)
| |_|
- --------------------------------------------------------------------------------
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
|
| Commonwealth of Pennsylvania
- --------------------------------------------------------------------------------
| 7 | SOLE VOTING POWER
| |
| | 175,500 Shares
NUMBER OF SHARES |-----|--------------------------------------
BENEFICIALLY | 8 | SHARED VOTING POWER
OWNED BY EACH | |
REPORTING PERSON | | None
WITH |-----|--------------------------------------
| 9 | SOLE DISPOSITIVE POWER
| |
| | 175,500 Shares
|-----|--------------------------------------
| 10 | SHARED DISPOSITIVE POWER
| |
| | None
- --------------------------------------------------------------------------------
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 175,500 Shares
- --------------------------------------------------------------------------------
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
| SHARES (See Instructions)
| |_|
- --------------------------------------------------------------------------------
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
| 4.94%
|
- --------------------------------------------------------------------------------
14 | TYPE OF REPORTING PERSON*
| OO
|
- --------------------------------------------------------------------------------
<PAGE>
- ------------------------- --------------------------
CUSIP No. 699556106 Page 4 of 6 Pages
- ------------------------- --------------------------
- -------------------------------------------------------------------------------
1 | NAME OF REPORTING PERSONS
| S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)
|
| David W. Wright
|
- -------------------------------------------------------------------------------
|
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
| (a) |_|
| (b) |X|
- --------------------------------------------------------------------------------
3 | SEC USE ONLY
|
- --------------------------------------------------------------------------------
4 | SOURCE OF FUNDS (See Instructions)
|
| Not Applicable
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
| 7 | SOLE VOTING POWER
| |
| | 175,500 Shares
NUMBER OF SHARES |-----|--------------------------------------
BENEFICIALLY | 8 | SHARED VOTING POWER
OWNED BY EACH | |
REPORTING PERSON | | None
WITH |-----|--------------------------------------
| 9 | SOLE DISPOSITIVE POWER
| |
| | 175,500 Shares
|-----|--------------------------------------
| 10 | SHARED DISPOSITIVE POWER
| |
| | None
- --------------------------------------------------------------------------------
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 175,500 Shares
- --------------------------------------------------------------------------------
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
| SHARES (See Instructions)
| |_|
- --------------------------------------------------------------------------------
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
| 4.94%
|
- --------------------------------------------------------------------------------
14 | TYPE OF REPORTING PERSON*
| IN
|
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 699556106 Page 5 of 6 Pages
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Item 1. Security and Issuer.
This statement (the "Statement") relates to the common stock, par value
$.004 per share (the "Common Stock"), of Paris Corporation (the "Issuer"). The
principal executive offices of the Issuer are located at 122 Kissel Road,
Burlington, NJ 08016.
Item 2. Identity and Background.
No change from Amendment No. 1.
Item 3. Source and Amount of Funds or Other Consideration.
Not applicable.
Item 4. Purpose of Transaction.
The Reporting Persons are filing this Amendment No. 2 to their Schedule 13D
("Amendment No. 2") to report the sale of 30,000 shares of Common Stock of the
Issuer which causes the Reporting Persons to cease to be the beneficial owner of
more than 5% of the Common Stock of the Issuer.
Item 5. Interest in Securities of Issuer.
(i) As of the date of this Statement, Henry beneficially owns, and Henry
Investment Trust ("HIT") and Wright may be deemed to own beneficially, 175,500
shares of the Issuer, constituting 4.94% of the Common Stock. This percentage is
based on the belief of the Reporting Persons that 3,554,645 shares of Common
Stock of the Issuer were outstanding as of December 18, 1998, as set forth in
the Issuer's definitive proxy statement for its annual meeting of shareholders
scheduled for February 5, 1999.
(ii) Henry, HIT and Wright have sole voting and dispositive power with
respect to 175,500 shares of the Issuer.
(iii) During the past 60 days, the Reporting Persons have engaged in the
following transaction in shares of the Issuer:
Number of Price Per
Date Shares Sold Share
---- ----------- ------
11/23/99 30,000 $2.00
------
The above transaction was effected in the open market through the National
Association of Securities Dealers, Inc. Automated Quotation System (Nasdaq).
The Reporting Persons beneficially own no shares of the Issuer except as set
forth herein.
<PAGE>
CUSIP No. 699556106 Page 6 of 6 Pages
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(e) On November 23, 1999, the Reporting Persons ceased to be the beneficial
owner of more than 5% of the Common Stock of the Issuer.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
No change from Amendment No. 1.
Item 7. Materials to be filed.
None. No joint filing agreement has been established, and this Amendment
No. 2 has been signed by each filing party.
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.
HENRY PARTNERS, L.P.
By: Henry Investment Trust its general partner
Date: November 24, 1999 By:____________________________________
David W. Wright, Managing Trustee
HENRY INVESTMENT TRUST
Date: November 24, 1999 By:__________________________________________
David W. Wright, Managing Trustee
Date: November 24, 1999 _____________________________________________
David W. Wright
