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SCHEDULE 13D - INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13D-2(A).*
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*As amended by Releases No. 34-15457, dated January 4, 1979, effective February
14, 979 (as corrected by Release No. 34-15457A, dated February 25, 1979) and
No. 34-14384, dated November 29, 1979, effective January 5, 1980. - Editor.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
CROWN CASINO CORPORATION
(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
228216 10 7
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(CUSIP Number)
HELEN T. FERRARO
SMITH, GAMBRELL & RUSSELL, LLP
3343 PEACHTREE ROAD, NE
SUITE 1800
ATLANTA, GEORGIA 30326
(404) 264-2620
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
APRIL 30, 1994
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(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 this 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.)
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) 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 period.
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 and
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 pages)
Page 1 of 5 Pages
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CUSIP No. 228216 10 7 13D Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
GERALD L. ADAMS
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
N/A
3. SEC USE ONLY
4. SOURCE OF FUNDS*
OO
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
N/A
6. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
NUMBER 7. SOLE VOTING POWER
OF SHARES
BENEFICIALLY 752,500
OWNED BY
EACH
REPORTING
PERSON
WITH
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
752,500
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
752,500
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
N/A
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.4%
14. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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AMENDMENT NO. 1 TO SCHEDULE 13D OF
GERALD L. ADAMS
IN CONNECTION WITH SECURITIES OF
CROWN CASINO CORPORATION
Item 1. Security and Issuer.
This amendment to Schedule 13D relates to the $.01 par value Common
Stock of Crown Casino Corporation (the "Issuer"), whose principal executive
offices are located at 4040 North MacArthur Boulevard, Suite 100, Irving, Texas
75038.
Item 2. Identity and Background.
This amendment to Schedule 13D is filed by Gerald L. Adams, whose
principal business address is 1225 East 9th Street, Lockport, Illinois 60441.
Mr. Adams currently owns and operates several companies, including TriRiver
Dock, Inc. (stevedoring), Clover Ridge Estates, Inc. (residential construction),
Barge Terminal Trucking, Inc. (trucking), and Adams Enterprises, Inc. (trucking
and crane services), the principal business addresses of which are the same as
the address of Mr. Adams. Mr. Adams is a director of the Issuer (since October
1993).
Mr. Adams has not been convicted in a criminal proceeding during
the last five years nor has he, during the last five years, been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
which resulted in a judgment, decree, or final order enjoining future violations
of, or prohibiting or mandating activities subject to, federal or state
securities laws or finding any violation with respect to such laws.
Mr. Adams is a citizen of the United States.
Item 3. Source and Amount of Funds or Other Consideration.
All of the securities which are the subject of this filing (with
the exception of 2,500 shares subject to stock options held by Mr. Adams) were
acquired by Mr. Adams on June 25, 1993 in connection with the acquisition by the
Issuer of 100% of the outstanding capital stock of St. Charles Gaming Company,
Inc. ("SCGC"), an entity formerly wholly owned by Mr. Adams, pursuant to a Stock
Purchase Agreement dated June 25, 1993. In connection with the stock purchase by
the Issuer, Mr. Adams received $500,000 cash plus 1,200,000 shares of Common
Stock of the Issuer (450,000 shares of which were simultaneously transferred to
third parties in satisfaction of certain obligations under a consulting
agreement) in exchange for 100,000 shares of common stock of SCGC previously
owned by him.
Item 4. Purpose of Transaction.
As stated in response to Item 3 above, the acquisition by Mr. Adams
of the securities originally covered by this filing was the result of the
purchase of all the outstanding stock of SCGC by the Issuer. Mr. Adams holds the
Issuer's securities for investment purposes only.
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Item 5. Interest in Securities of the Issuer.
(a) As of April 30, 1994, Mr. Adams beneficially owned in the
aggregate 752,500 shares or 8.4% of the outstanding Common Stock of the Issuer,
including 2,500 shares subject to stock options held by Mr. Adams. The purpose
of this filing is to update the percentage ownership of the Issuer's Common
Stock by Mr. Adams due to the fact that the Company's outstanding shares
significantly increased from the date of the initial filing of the Schedule 13D.
(b) Mr. Adams possesses sole voting and dispositive power with
respect to all 752,500 shares of Common Stock of the Issuer reported herein. Mr.
Adams does not share with any other person voting or dispositive power with
respect to any shares of such Common Stock.
(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
There are no contracts, arrangements, understandings, or
relationships between Mr. Adams and any other person with respect to any
securities of the Issuer.
Item 7. Exhibits.
There are no exhibits filed with this Schedule 13D.
Page 4 of 5
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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.
Date: August 25, 1997 /s/ Gerald L. Adams
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Gerald L. Adams
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