<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
Perkins Family Restaurants, L.P.
- --------------------------------------------------------------------------------
(NAME OF ISSUER)
Depositary Units Representing Limited Partners' Interests
- --------------------------------------------------------------------------------
(TITLE OF CLASS OF SECURITIES)
714063-10-4
- --------------------------------------------------------------------------------
(CUSIP NUMBER)
Donald F. Wiseman
Perkins Family Restaurants, L.P.
6075 Poplar Avenue, Suite 800
Memphis, TN 38119
(901) 766-6400
- --------------------------------------------------------------------------------
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
June 30, 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 [ ].
*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 in 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).
(Continued on following page(s))
Page 1 of 14 Pages
<PAGE> 2
<TABLE>
CUSIP NO. 714063-10-4 13D Page 2 of 14 Pages
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON:
Perkins Restaurants, Inc.
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[x]
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: 00
- -----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): [ ]
- -----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Minnesota
- -----------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER -0-
NUMBER OF
SHARES --------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 5,043,000
OWNED BY
EACH --------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER -0-
PERSON
WITH -------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 5,043,000
- -----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
5,043,000 (See Item 5)
- -----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
- -----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 48.6%
- -----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: HC
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 3
<TABLE>
CUSIP NO. 714063-10-4 13D Page 3 of 14 Pages
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON:
The Restaurant Company
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[x]
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: 00
- -----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): [ ]
- -----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
- -----------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER -0-
NUMBER OF
SHARES --------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 5,043,000
OWNED BY
EACH --------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER -0-
PERSON
WITH -------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 5,043,000
- -----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
5,043,000(1)
- -----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
- -----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 48.6%
- -----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: HC
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) Solely in its capacity as the parent of Perkins Restaurants, Inc.
<PAGE> 4
<TABLE>
CUSIP NO. 714063-10-4 13D Page 4 of 14 Pages
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON:
Donald N. Smith
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[x]
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: 00
- -----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): [ ]
- -----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: U.S.
- -----------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER -0-
NUMBER OF
SHARES --------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 5,043,000
OWNED BY
EACH --------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER -0-
PERSON
WITH -------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 5,043,000
- -----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,674,276 (See Item 5)
- -----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
- -----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 16.2%
- -----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 5
<TABLE>
CUSIP NO. 714063-10-4 13D Page 5 of 14 Pages
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON:
Harrah's Operating Company, Inc.
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[x]
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: 00
- -----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): [ ]
- -----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
- -----------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER -0-
NUMBER OF
SHARES --------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 5,043,000
OWNED BY
EACH --------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER -0-
PERSON
WITH -------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 5,043,000
- -----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,674,276 (See Item 5)
- -----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
- -----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 16.2%
- -----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 6
<TABLE>
CUSIP NO. 714063-10-4 13D Page 6 of 14 Pages
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON:
Investment Limited Partnership
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[x]
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: 00
- -----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): [ ]
- -----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Texas
- -----------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER -0-
NUMBER OF
SHARES --------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 5,043,000
OWNED BY
EACH --------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER -0-
PERSON
WITH -------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 5,043,000
- -----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,593,588 (See Item 5)
- -----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
- -----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 15.4%
- -----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 7
<TABLE>
CUSIP NO. 714063-10-4 13D Page 7 of 14 Pages
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON:
BMA Limited Partnership
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[x]
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: 00
- -----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): [ ]
- -----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Texas
- -----------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER -0-
NUMBER OF
SHARES --------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 5,043,000
OWNED BY
EACH --------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER -0-
PERSON
WITH -------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 5,043,000
- -----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,593,588 (1)
- -----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
- -----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 15.4%
- -----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
- -----------------------------------------------------------------------------------------------------------------------------
(1) Solely in its capacity as the sole general partner of Investment Limited Partnership.
</TABLE>
<PAGE> 8
<TABLE>
CUSIP NO. 714063-10-4 13D Page 8 of 14 Pages
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON:
Dort A. Cameron, III
- -----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[x]
- -----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: 00
- -----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e): [ ]
- -----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: U.S.
- -----------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER -0-
NUMBER OF
SHARES --------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 5,043,000
OWNED BY
EACH --------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER -0-
PERSON
WITH -------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 5,043,000
- -----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,593,588 (1)
- -----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
- -----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 15.4%
- -----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
- -----------------------------------------------------------------------------------------------------------------------------
(1) Solely in his capacity as the sole general partner of BMA Limited Partnership, which is the sole
general partner of Investment Limited Partnership.
</TABLE>
<PAGE> 9
CUSIP NO. 714063-10-4 13D Page 9 of 14 Pages
Pursuant to Rule 13d-2(a) of Regulation 13D of the General Rules and
Regulations under the Securities Exchange Act of 1934, as amended, (the "Act"),
the undersigned hereby amend their Schedule 13D statement dated October 24,
1986 as amended by Amendment No. 1 dated August 26, 1993 (the "Schedule 13D"),
relating to depository units representing limited partners' interests (the
"Units") of Perkins Family Restaurants, L.P. (the "Issuer"). Unless otherwise
indicated, all defined terms used herein shall have the same meaning given them
in the Schedule 13D.
ITEM 1. SECURITY AND ISSUER.
No material change.
ITEM 2. IDENTITY AND BACKGROUND.
Section (a) of Item 2 is hereby amended in its entirety, as follows:
(a) Pursuant to Rule 13d-1(f) under the Act, the undersigned hereby
file this Amendment to the Schedule 13D on behalf of Perkins Restaurants, Inc.,
a Minnesota corporation ("PRI"), The Restaurant Company, formerly known as
Tennessee Restaurant Company, a Delaware corporation ("TRC"), Donald N. Smith
("Smith"), Harrah's Operating Company, Inc., formerly known as Embassy Suites,
Inc., a Delaware corporation ("HOC"), Investment Limited Partnership, a Texas
limited partnership ("ILP"), BMA Limited Partnership, a Texas limited
partnership ("BMA") and Dort A. Cameron, III ("Cameron"). PRI, TRC, Smith,
HOC, ILP, BMA and Cameron are sometimes hereinafter referred to as the
"Reporting Persons."
Sections (b) and (c) of Item 2 are hereby amended by deleting the information
concerning Embassy Suites, Inc. and TRC in their entirety and substituting the
following therefor:
Harrah's Operating Company, Inc. (formerly named Embassy Suites, Inc.):
On June 30, 1995, Embassy Suites, Inc. changed its name to "Harrah's Operating
Company, Inc." ("HOC"). HOC is a Delaware corporation, the principal business
of which is owning and operating casino entertainment facilities and related
activities. HOC is a wholly-owned subsidiary of Harrah's Entertainment, Inc.,
formerly known as The Promus Companies Incorporated, a Delaware corporation
("HET"). The principal business address of HOC, which also serves as its
principal office, is 1023 Cherry Road, Memphis, Tennessee 38117. Pursuant to
Instruction C to Schedule 13D of the Act, the name, business or residence,
address, and present principal occupation or employment of each director or
executive officer of HOC are as follows:
<TABLE>
Residence or Principal Occupation
Name Business Address or Employment
- ---- ---------------- --------------------
<S> <C> <C>
Phillip G. Satre Harrah's Entertainment, Inc. Director of HOC;
1023 Cherry Road President & Chief
Memphis, TN 38117 Executive Officer of
HET and HOC
Charles A. Ledsinger, Jr. Harrah's Entertainment, Inc. Director of HOC; Senior
1023 Cherry Road Vice President
Memphis, TN 38117 & Chief Financial
Officer of HET and HOC
</TABLE>
<PAGE> 10
CUSIP NO. 714063-10-4 13D Page 10 of 14 Pages
Ben C. Peternell Harrah's Entertainment, Inc. Senior Vice President
1023 Cherry Road of HET and HOC
Memphis, TN 38117
Colin V. Reed Harrah's Entertainment, Inc. Senior Vice President
1023 Cherry Road of HET and HOC
Memphis, TN 38117
E.O. Robinson, Jr. Harrah's Entertainment, Inc. Senior Vice President,
1023 Cherry Road General Counsel &
Memphis, TN 38117 Secretary of HET and
HOC
John M Boushy Harrah's Entertainment, Inc. Senior Vice President
1023 Cherry Road of HET and HOC
Memphis, TN 38117
Bradford W. Morgan Harrah's Entertainment, Inc. Senior Vice President
1023 Cherry Road of HET and HOC
Memphis, TN 38117
The principal business of HET and its subsidiaries, including HOC, is
owning and operating casino entertainment facilities and related activities.
The principal business address of HET, which also serves as its principal
office, is 1023 Cherry Road, Memphis Tennessee 38117. Pursuant to Instruction
C to Schedule 13D of the Act, the name, business or residence address, and
present principal occupation or employment of each director or executive officer
of HET are as follows:
Residence or Principal Occupation
Name Business Address or Employment
- ---- ---------------- --------------------
Michael D. Rose Harrah's Entertainment, Inc. Director of HET;
1023 Cherry Road Chairman of HET
Memphis, TN 38117
Phillip G. Satre Harrah's Entertainment, Inc. Director of HET;
1023 Cherry Road President & Chief
Memphis, TN 38117 Executive Officer of
HET and HOC
Charles A. Ledsinger, Jr. Harrah's Entertainment, Inc. Senior Vice President
1023 Cherry Road & Chief Financial
Memphis, TN 38117 Officer of HET and
HOC
Bradford W. Morgan Harrah's Entertainment, Inc. Senior Vice President
1023 Cherry Road of HET and HOC
Memphis, TN 38117
Ben C. Peternell Harrah's Entertainment, Inc. Senior Vice President
1023 Cherry Road of HET and HOC
Memphis, TN 38117
<PAGE> 11
CUSIP NO. 714063-10-4 13D Page 11 of 14 Pages
Colin V. Reed Harrah's Entertainment, Inc. Senior Vice President
1023 Cherry Road of HET and HOC
Memphis, TN 38117
E.O. Robinson, Jr. Harrah's Entertainment, Inc. Senior Vice President,
1023 Cherry Road General Counsel &
Memphis, TN 38117 Secretary of HET and
HOC
John M Boushy Harrah's Entertainment, Inc. Senior Vice President
1023 Cherry Road of HET and HOC
Memphis, TN 38117
James L. Barksdale Netscape Communications Corp. Director of HET;
501 East Middlefield Road President and Chief
Mountain View, CA 94043 Executive Officer of
Netscape
Communications Corp.
Susan Clark-Jackson Pacific Newspaper Group Director of HET; Senior
Gannett Co., Inc. Group President; Pacific
955 Kuenzli Newspaper Group;
Reno, NV 89520 Gannet Co., Inc.
James B. Farley Mutual of New York Director of HET; Trustee
Villa D'Este Mutual of New York
2665 North Ocean Boulevard
Delray Beach, FL 33483
Joe M. Henson LEGENT Corporation Director of HET;
3228 SW Martin Downs Blvd. Chairman of the
Suite 200 Executive Committee,
Palm City, FL 34990 LEGENT Corporation
Ralph Horn First Tennessee National Director of HET;
Corporation President & Chief
165 Madison Avenue Executive Officer of
Memphis, TN 38103 First Tennessee National
Corporation
Walter J. Salmon Graduate School of Business Director of HET;
Administration Professor of Retailing,
Harvard University Graduate School of
Soldiers Field Business Administration
Boston, MA 02163 Harvard University
Boake A. Sells 3105 Topping Lane Director of HET; Private
Hunting Valley, OH 44022 investor
<PAGE> 12
CUSIP NO. 714063-10-4 13D Page 12 of 14 Pages
Eddie N. Williams Joint Center for Political Director of
& Economic Studies HET; President
1090 Vermont Avenue, N.W. of Joint Center
Suite 1100 for Political &
Washington, D.C. 20005-4961 Economic Studies
Shirley Young General Motors Corporation Director of
3044 West Grand Blvd. HET; Vice
Room 14-117 President,
Detroit, MI 48202 Consumer Market
Development of
General Motors
Corporation
HET, which changed its name from "The Promus Companies Incorporated" on
June 30, 1995, was created pursuant to the reorganization of Holiday Corporation
and its subsidiaries, including Holiday Inns, Inc. ("HII"), in February 1990.
As part of such reorganization, HOC succeeded to certain of the assets of HII,
including HII's interest in TRC.
TRC
On May 16, 1994, TRC changed its name from Tennessee Restaurant Company
to The Restaurant Company. TRC is a Delaware corporation, the principal
business of which is the ownership of one hundred percent of the outstanding
stock of PRI. The principal business address of TRC, which also serves as its
principal office, is One Pierce Place, Suite 100 East, Itasca, Illinois
60143-2615. Pursuant to instruction C to Schedule B of the Act, the name,
business or residence address, and present principal occupation or employment of
each director or executive officer of TRC are as follows:
Residence or Principal Occupation
Name Business Address or Employment
- ---- ---------------- --------------------
Donald N. Smith 1 Pierce Place, Chairman of the Board &
Su. 100 East Chief Executive Officer
Itasca, IL 60143
Larry W. Browne 1 Pierce Place, Executive Vice
Su. 100 East President-Corporate
Itasca, IL 60143 Finance, General Counsel
& Secretary
Michael P. Donahoe 1 Pierce Place, Vice President,
Su. 100 East Controller & Assistant
Itasca, IL 60143 Treasurer
Dort A. Cameron, III 1 Pierce Place, Director
Su. 100 East
Itasca, IL 60143
Charles A. Ledsinger, 1 Pierce Place, Director
Jr. Su. 100 East
Itasca, IL 60143
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
No material change.
<PAGE> 13
CUSIP NO. 714063-10-4 13D Page 13 of 14 Pages
ITEM 4. PURPOSE OF TRANSACTION.
No material change.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
No material change.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
No material change.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Agreement pursuant to Rule 13d-1(f)(1)(iii), at page
14.
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: September 22, 1995
------------------
/s/ Donald N. Smith INVESTMENT LIMITED PARTNERSHIP
- --------------------------------
DONALD N. SMITH
By: BMA LIMITED PARTNERSHIP
General Manager
PERKINS RESTAURANTS, INC.
By: /s/ Dort A. Cameron, III
-------------------------
By: /s/ Donald N. Smith Dort A. Cameron, III
---------------------------- General Partner
Donald N. Smith,
Chairman of the Board
THE RESTAURANT COMPANY BMA LIMITED PARTNERSHIP
By: /s/ Donald N. Smith By: /s/ Dort A. Cameron, III
---------------------------- -------------------------
Donald N. Smith, Dort A. Cameron, III
Chairman of the Board General Partner
HARRAH'S OPERATING COMPANY, INC.
By: /s/ E.O. Robinson, Jr. /s/ Dort A. Cameron, III
---------------------------- -------------------------------
E. O. Robinson, Jr. DORT A. CAMERON, III
Senior Vice President
<PAGE> 14
CUSIP NO. 714063-10-4 13D Page 14 of 14 Pages
AGREEMENT PURSUANT TO RULE 13d-1(f)(1)(iii)
Pursuant to Rule 13d-1(f)(1)(iii) of Regulation 13D-G of the General
Rules and Regulations of the Securities and Exchange Commission under the
Securities Exchange Act of 1934, as amended, the undersigned agree that the
statement to which this Agreement is attached is filed on behalf of them in the
capacities set forth hereinbelow.
/s/ Donald N. Smith INVESTMENT LIMITED PARTNERSHIP
- --------------------------------
DONALD N. SMITH
By: BMA LIMITED PARTNERSHIP
General Manager
PERKINS RESTAURANTS, INC.
By: /s/ Dort A. Cameron, III
-------------------------
By: /s/ Donald N. Smith Dort A. Cameron, III
---------------------------- General Partner
Donald N. Smith,
Chairman of the Board
THE RESTAURANT COMPANY BMA LIMITED PARTNERSHIP
By: /s/ Donald N. Smith By: /s/ Dort A. Cameron, III
---------------------------- -------------------------
Donald N. Smith, Dort A. Cameron, III
Chairman of the Board General Partner
HARRAH'S OPERATING COMPANY, INC.
By: /s/ E.O. Robinson, Jr. /s/ Dort A. Cameron, III
---------------------------- --------------------------------
E. O. Robinson, Jr. DORT A. CAMERON, III
Senior Vice President
