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FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
<TABLE>
<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event 4. Issuer Name and Ticker or Trading Symbol
Requiring Statement
Rankin Associates II, L.P. (Month/Day/Year) NACCO Industries, Inc. (NC)
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2/06/98
(Last) (First) (Middle) 5. Relationship of Reporting 6. If Amendment, Date of
Person to Issuer Original (Month/Day/Year)
c/o Rankin Management, Inc. (Check all applicable)
5875 Landerbrook Drive, Suite 300
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(Street) 3. IRS or Social Secur- Director X 10% Owner 7. Individual or Joint/Group
ity Number of --- --- Filing (Check applicable
Reporting Person Officer Other (specify line)
(Voluntary) ---(give --- below)
Mayfield Heights, OH 44124-4017 title below) X Form filed by One
- ---------------------------------------- --- Reporting Person
(City) (State) (Zip) Form filed by More than
--- One Reporting Person.
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Table I - Non-Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial
(Instr. 4) Beneficially Owned Direct (D) or Indirect (I) Ownership
(Instr. 4) (Instr. 5) (Instr. 4)
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CLASS A COMMON STOCK 738,295 D
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* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
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<TABLE>
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FORM 3(CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Date Exercisable 3. Title and Amount of Securities 4. Conversion 5. Ownership Form 6. Nature of
Security and Expiration Date Underlying Derivative Security or Exercise of Derivative Indirect
(Instr. 4) (Month/Day/Year) (Instr. 4) Price of Security: Beneficial
Derivative Direct (D) or Ownership
Security Indirect (I) (Instr. 5)
----------------------------------------------------------- (Instr. 5)
Date Expiration Title Amount or Number
Exercisable Date of Shares
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Explanation of Responses:
++ Constantine E. Tsipis, by signing his name hereto, does hereby sign
this Form 3 on behalf of the above named Reporting Person pursuant to a
Power of Attorney executed by such Reporting Person and filed with the
Commission herewith.
/s/ Constantine E. Tsipis February 16 , 1998
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**Signature of Reporting Person Date
By: CONSTANTINE E. TSIPIS++
For: RANKIN MANAGEMENT, INC. as general and managing
partner of RANKIN ASSOCIATES II, L.P.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, See Instruction 6 for procedure.
(Print or Type Responses)
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POWER OF ATTORNEY
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KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes
and appoints Charles A. Bittenbender, Constantine E. Tsipis and Thomas C.
Daniels, and each of them, as the true and lawful attorney or attorneys-in-fact,
with full power of substitution and revocation, for the undersigned and in the
name, place and stead of the undersigned, in any and all capacities, to execute,
on behalf of the undersigned, any and all statements or reports under Section 16
of the Securities Exchange Act of 1934, as amended, with respect to the
beneficial ownership of shares of Class A Common Stock, par value $1.00 per
share, of NACCO Industries, Inc. (the "Company") and Class B Common Stock, par
value $1.00 per share, of the Company, including, without limitation, all
initial statements of beneficial ownership on Form 3, all statements of changes
of beneficial ownership on Form 4 and all annual statements of beneficial
ownership on Form 5 and any and all other documents that may be required, from
time to time, to be filed with the Securities and Exchange Commission, to
execute any and all amendments or supplements to any such statements or forms,
and to file the same, with all exhibits thereto, and other documents in
connection therewith, with the Securities and Exchange Commission, granting to
said attorney or attorneys-in-fact, and each of them, full power and authority
to do so and perform each and every act and thing requisite and necessary to be
done in and about the premises, as fully to all intents and purposes as the
undersigned might or could do in person, hereby ratifying and confirming all
that said attorney or attorneys-in-fact or any of them or their substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.
RANKIN ASSOCIATES II, L.P.
By: RANKIN MANAGEMENT, INC.
Managing Partner
By: /S/ Alfred M. Rankin, Jr.
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Alfred M. Rankin, Jr., President
Date: February 13, 1998
