UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
BALDWIN PIANO AND ORGAN COMPANY
_________________________________________________________________
(Name of Issuer)
Shares of Common Stock
_________________________________________________________________
(Title of Class of Securities
058246-10-9
____________________________
(CUSIP Number)
Brent D. Baird
1350 One M&T Plaza
Buffalo, New York 14203 (Phone: (716) 849-1484)
_________________________________________________________________
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
NOVEMBER 24, 1998
_______________________
(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 that 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).
<PAGE>
SCHEDULE 13D
CUSIP NO. 058246-10-9
1. Name of Reporting Person
SS or IRS Identification No. of above person (optional)
The Cameron Baird Foundation
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___
(b)_X_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ____
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED 145,000
BY EACH REPORTING
PERSON WITH 8. SHARED VOTING POWER
-0-
9. SOLE DISPOSITIVE POWER
145,000
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
145,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ____
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.199%
14. TYPE OF REPORTING PERSON*
00
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 058246-10-9
1. Name of Reporting Person
SS or Identification No. of above person (optional)
Brent D. Baird
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___
(b)_X_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
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
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED 35,000
BY EACH REPORTING
PERSON WITH 8. SHARED VOTING POWER
-0-
9. SOLE DISPOSITIVE POWER
35,000
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ____
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.014%
14. TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 058246-10-9
1. Name of Reporting Person
SS or Identification No. of above person (optional)
Anne S. Baird
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___
(b)_X_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
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
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED 10,000
BY EACH REPORTING
PERSON WITH 8. SHARED VOTING POWER
-0-
9. SOLE DISPOSITIVE POWER
10,000
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ____
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.290%
14. TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 058246-10-9
1. Name of Reporting Person
SS or IRS Identification No. of above person (optional)
Bridget B. Baird, Successor Trustee
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___
(b)_X_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
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
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED 60,000
BY EACH REPORTING
PERSON WITH 8. SHARED VOTING POWER
-0-
9. SOLE DISPOSITIVE POWER
60,000
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ____
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.738%
14. TYPE OF REPORTING PERSON*
IN, 00
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 058246-10-9
1. Name of Reporting Person
SS or IRS Identification No. of above person (optional)
Jane D. Baird
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___
(b)_X_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
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
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED 82,000
BY EACH REPORTING
PERSON WITH 8. SHARED VOTING POWER
-0-
9. SOLE DISPOSITIVE POWER
82,000
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
82,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ____
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.375%
14. TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 058246-10-9
1. Name of Reporting Person
SS or IRS Identification No. of above person (optional)
Bruce C. Baird
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___
(b)_X_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
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
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED 10,000
BY EACH REPORTING
PERSON WITH 8. SHARED VOTING POWER
-0-
9. SOLE DISPOSITIVE POWER
10,000
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ____
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.290%
14. TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
ITEM 1. SECURITY AND ISSUER.
(a) Title and Class of Security:
Baldwin Piano and Organ Company (the "Issuer")
Shares of Common Stock ("the Shares")
(b) Name of Issuer and Address of Issuer's Principal
Executive Offices:
Baldwin Piano and Organ Company
4680 Parkway Drive, Suite 200
Mason, Ohio 45040-7198
ITEM 2. IDENTITY AND BACKGROUND.
NOTE: THE EXECUTION AND SUBMISSION OF THIS STATEMENT BY
THE PERSONS LISTED BELOW (THE "REPORTING PERSONS")
SHALL NOT BE CONSTRUED AS A STATEMENT OR ADMISSION THAT
THE REPORTING PERSONS (I) ARE ACTING AS A GROUP IN THE
ACQUISITION OF THE SHARES, (II) COLLECTIVELY CONSTITUTE
A "PERSON" WITHIN THE MEANING OF SECTION 13(D)(3) OF
THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE
"ACT"), OR (III) FOR THE PURPOSES OF SECTION 13(D) OF
THE ACT, ARE THE BENEFICIAL OWNERS OF ANY SHARES OTHER
THAN THE SHARES IN WHICH EACH PERSON IS SPECIFICALLY
IDENTIFIED IN THIS STATEMENT TO HAVE A BENEFICIAL
INTEREST.
(1) THE CAMERON BAIRD FOUNDATION
State of organization: New York (created by a Deed of Trust)
Principal Business: a charitable private foundation
Address: Box 564
Hamburg, New York 14075
Trustees: Jane D. Baird, Chairman
Brenda B. Senturia
Bruce C. Baird
Bridget B. Baird
Brian D. Baird
Information on Individual Trustees pursuant to Instruction C:
(a) Jane D. Baird
(b) 8877 Jennings Road, Eden, New York 14057
(c) Homemaker
(d) No
(e) No
(f) U.S.A.
(a) Brenda B. Senturia
(b) 3519 East Spruce Street, Seattle, Washington 98122
(c) Homemaker
(d) No
(e) No
(f) U.S.A.
(a) Bruce C. Baird
(b) 331 Lincoln Parkway, Buffalo, New York 14216
(c) President, Belmont Management Co., Inc.
215 Broadway, Buffalo, New York 14204
(d) No
(e) No
(f) U.S.A.
(a) Bridget B. Baird
(b) 28 Old Mill Road, Quaker Hill, Connecticut 06375
(c) Professor, Connecticut College, New London,
Connecticut
(d) No
(e) No
(f) U.S.A.
(a) Brian D. Baird
(b) 300 Woodbridge Avenue, Buffalo, New York 14214
(c) Attorney at Law, Kavinoky & Cook, 120 Delaware
Avenue, Buffalo, New York 14202
(d) No
(e) No
(f) U.S.A.
(2) (a) Brent D. Baird
(b) 17 Tudor Place, Buffalo, New York 14222
(c) Private Investor,
1350 One M&T Plaza, Buffalo, New York 14203
(d) No
(e) No
(f) U.S.A.
(3) (a) Anne S. Baird
(b) 17 Tudor Place, Buffalo, New York 14222
(c) Homemaker
(d) No
(e) No
(f) U.S.A.
(4) BRIDGET B. BAIRD, SUCCESSOR TRUSTEE
UNDER AN AGREEMENT WITH CAMERON BAIRD DATED
12/23/38 ("BRIDGET B. BAIRD, SUCCESSOR TRUSTEE").
(a) Bridget B. Baird
(b) 28 Old Mill Road, Quaker Hill, Connecticut 06375
(c) Professor, Connecticut College, New London, CT
(d) No
(e) No
(f) U.S.A.
(5) (a) Jane D. Baird
(b) 8877 Jennings Road, Eden, NY 14057
(c) Homemaker
(d) No
(e) No
(f) U.S.A.
(6) (a) Bruce C. Baird
(b) 331 Lincoln Parkway, Buffalo, NY 14216
(c) President, Belmont Management Co., Inc.
215 Broadway, Buffalo, NY 14204
(d) No
(e) No
(f) U.S.A.
ITEM 3. SOURCE AND AMOUNT OF FUNDS.
The source of funds used by the Reporting Persons are personal
funds of each such person with respect to the purchases of such
person. The Reporting Persons did not borrow any funds to
acquire their respective shares. The following table shows the
approximate amount of funds paid for the Shares by the Reporting
Persons.
The Cameron Baird $1,187,726
Foundation
Brent D. Baird 288,600
Anne S. Baird 82,250
Bridget B. Baird, 503,205
Successor Trustee
Jane D. Baird 666,503
Bruce C. Baird 83,125
ITEM 4. PURPOSE OF TRANSACTION.
The Shares have been acquired by the Reporting Persons for
investment purposes. The Reporting Persons intend to continue to
evaluate their respective investments in the Shares. Each of the
Reporting Persons may make additional purchases or may sell the
Shares in open market or in private negotiated transactions. Any
such purchase or sale will depend upon their evaluation of their
respective investments, upon the amounts and prices of available
Shares, and upon other relevant circumstances.
The Reporting Persons may, at some future date, ask that Brent D.
Baird be named to the Issuer's Board of Directors. Subject to
the preceeding sentence, the Reporting Persons do not have any
present plans or proposals which relate to or would result in:
(a) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its
subsidiaries;
(b) A sale or transfer of a material amount of assets of the
Issuer or any of its subsidiaries;
(c) Any change in the present board of directors or management of
the Issuer, including any plans or proposals to change the number
or term of directors or to fill any existing vacancies on the
board;
(d) Any material change in the present capitalization or
dividend policy of the Issuer;
(e) Any other material change in the Issuer's business or
corporate structure;
(f) Changes in the Issuer's charter, bylaws or instruments
corresponding thereto or other actions which may impede the
acquisition of control of the Issuer by any person;
(g) Causing a class of securities of the Issuer to be delisted
from a national securities exchange or to cease to be authorized
to be quoted in an inter-dealer quotation system of a registered
national securities association;
(h) A class of equity securities of the Issuer becoming eligible
for termination of registration pursuant to Section 12(g)(4) of
the Act; or
(i) Any action similar to any of those enumerated
above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The Reporting Persons hereby report beneficial
ownership, in the manner hereinafter described, of
342,000 shares of the Issuer:
<TABLE>
<CAPTION>
Percentage of
Number Of Outstanding
Shares Held in the Name of Shares Security (1)
<S> <C> <C>
The Cameron Baird 145,000 4.199%
Foundation
Brent D. Baird 35,000 1.014%
Anne S. Baird 10,000 0.290%
Bridget B. Baird, 60,000 1.738%
Successor Trustee (2)
Jane D. Baird 82,000 2.375%
Bruce C. Baird 10,000 0.290%
______ _____
TOTAL 342,000 9.905%
</TABLE>
(1) The foregoing percentages assume that the number of
Shares of the Issuer outstanding is 3,452,826 Shares (as
reported in the Issuer's Form 10-Q for the quarterly
period ended September 30, 1999 as of November 15, 1999).
(2) Jane D. Baird is the income beneficiary and the issue of
Jane D. Baird are the remainder beneficiaries under a
trust agreement dated 12/23/38.
(b) For each persons named in paragraph (a), that person has
sole voting and sole dispositive power over the Shares enumerated
in paragraph (a).
(c) The following purchases of the Shares were effected during
the past sixty days:
<TABLE>
<CAPTION>
Price/Share
(in Dollars
Commissions
Purchase In The Number of not Transaction
Name Of Date Shares included) Made Through
<S> <C> <C> <C> <C>
Jane D. Baird 10/5/99 1,600 7 3/4 Fahnestock & Co
10/6/99 3,400 7 3/4 Fahnestock & Co
10/29/99 4,500 7 1/2 Fahnestock & Co
11/8/99 2,500 8 3/4 Fahnestock & Co
11/15/99 5,000 8 1/2 Fahnestock & Co
11/16/99 2,500 8 5/8 Fahnestock & Co
11/16/99 1,500 8 1/4 Fahnestock & Co
11/18/99 5,000 8 1/4 Fahnestock & Co
11/19/99 2,500 8 1/8 Fahnestock & Co
11/23/99 2,000 8 Fahnestock & Co
11/24/99 5,500 8 Fahnestock & Co
11/24/99 2,500 8 1/4 Fahnestock & Co
11/26/99 1,500 8 1/4 Fahnestock & Co
11/29/99 3,000 8 Fahnestock & Co
11/29/99 5,500 8 1/4 Fahnestock & Co
12/1/99 6,500 8 1/4 Fahnestock & Co
12/1/99 7,000 8 1/8 Fahnestock & Co
12/2/99 10,000 8 1/4 Fahnestock & Co
Brent D. Baird 11/19/99 2,000 8 1/4 Fahnestock & Co
11/22/99 5,900 8 1/4 Fahnestock & Co
11/22/99 5,000 8 1/2 Fahnestock & Co
11/22/99 5,000 8 Fahnestock & Co
11/23/99 1,100 8 1/2 Fahnestock & Co
11/23/99 1,000 8 Fahnestock & Co
11/26/99 3,500 8 1/4 Fahnestock & Co
11/26/99 700 8 Fahnestock & Co
11/29/99 800 8 1/4 Fahnestock & Co
12/2/99 10,000 8 1/4 Fahnestock & Co
Anne S. Baird 11/23/99 3,500 8 1/4 Fahnestock & Co
11/24/99 5,500 8 1/4 Fahnestock & Co
11/24/99 1,000 8 Fahnestock & Co
Bridget B. 10/6/99 800 7 3/4 Fahnestock & Co
Baird, 11/3/99 2,500 8 1/2 Fahnestock & Co
Successor 11/26/99 2,200 8 1/4 Fahnestock & Co
Trustee 12/2/99 10,000 8 1/4 Fahnestock & Co
The Cameron 12/1/99 40,000 8 1/4 Fahnestock & Co
Baird 12/2/99 55,000 8 1/4 Fahnestock & Co
Foundation
Bruce C. Baird 11/30/99 5,000 8 3/8 Fahnestock & Co
12/1/99 5,000 8 1/4 Fahnestock & Co
</TABLE>
(d) Not applicable
(e) Not applicable
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
not applicable
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
not applicable
<PAGE>
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.
DATED this 3rd day of December, 1999.
The Cameron Baird Foundation
By: s/Brian D. Baird
Brian D. Baird, Trustee
Brent D. Baird; Anne S. Baird; Bridget B. Baird,
Successor Trustee; Jane D. Baird; and Bruce C. Baird
s/Brian D. Baird
Brian D. Baird, as Attorney-in-fact
