SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)
PSS, INC. (f/k/a/ Pay'n Save)
(Name of issuer)
COMMON STOCK
(Title of Class of Securities)
704320100
(CUSIP Number)
James M. Lieb, Senior Vice President
c/o The Trump Group
4 Stage Coach Run
East Brunswick, New Jersey 08816
(908) 390-9400
(Name, Address and Telephone Number
of Person Authorized to Receive Notices and Communications)
September 29, 1995
(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 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.)
Page 1 of 6 Pages<PAGE>
CUSIP NUMBER - 704320100
This filing constitutes Amendment No. 9 to the Schedule 13D ("Schedule 13D") of
Seacorp, Julius Trump and Eddie Trump. Capitalized terms used herein shall
have the meanings assigned to them in Schedule 13D unless otherwise defined
herein.
Item 5. Interest in Securities of Issuer
Item 5 is amended by the addition of the following thereto:
On September 29, 1995, pursuant to the settlement of various
matters, Mutual Benefit forfeited, without consideration, all of its rights
under the option to acquire 50% of the outstanding capital stock of Seacorp.
Item 7. Material to be filed as an Exhibit
1. Exhibit A - Letter agreement dated September 29, 1995 between
The Trump Capital Corporation and MBL Life Assurance Corporation.
Page 2 of 6 Pages<PAGE>
CUSIP NUMBER - 704320100
SIGNATURE
After reasonable inquiry and to the best of the knowledge and
belief of the undersigned, the undersigned certifies that the information set
forth in this statement is true, complete and accurate.
Dated: October 3, 1995
SEACORP, INC.
By: /s/ JAMES LIEB
James M. Lieb,
Vice President
Page 3 of 6 Pages<PAGE>
CUSIP NUMBER - 704320100
SIGNATURE
After reasonable inquiry and to the best of the knowledge and
belief of the undersigned, the undersigned certifies that the information set
forth in this statement is true, complete and accurate.
Dated: October 3, 1995
/s/ JULIUS TRUMP
Julius Trump
Page 4 of 6 Pages<PAGE>
CUSIP NUMBER - 704320100
SIGNATURE
After reasonable inquiry and to the best of the knowledge and
belief of the undersigned, the undersigned certifies that the information set
forth in this statement is true, complete and accurate.
Dated: October 13, 1995
/s/ EDDIE TRUMP
Eddie Trump
Page 5 of 6 Pages<PAGE>
CUSIP NUMBER - 704320100
MBL LIFE ASSURANCE CORPORATION
520 Broad Street
Newark, NJ 07102-3111
September 29, 1995
The Trump Capital Corporation
c/o The Trump Group
4 Stagecoach Run
East Brunswick, NJ 08816
Re: Seacorp, Inc.
Ladies and Gentlemen:
Reference is hereby made to that certain Settlement Agreement dated as of
September 13, 1995 by and among MBL Life Assurance Corporation ("MBLLAC"), The
Trump Capital Corporation and the other parties thereto (the "Settlement
Agreement").
In accordance with 2.4 of the Settlement Agreement, MBLLAC hereby
relinquishes and surrenders, without separate payment on account thereof, all
of its rights to acquire the capital stock of Seacorp, Inc. pursuant to that
certain letter agreement dated October 2, 1989 between The Mutual Benefit Life
Insurance Company (assignor to MBLLAC) and The Trump Capital Corporation.
Very Truly Yours,
MBL LIFE ASSURANCE CORPORATION
By: /s/ Michael S. Ryan
Name: Michael S. Ryan
Title: Senior Vice President
Page 6 of 6 pages
