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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
OUTLET COMMUNICATIONS, INC.
(Name of issuer)
CLASS A COMMON STOCK, $.01 PAR VALUE
(Title of class of securities)
69-111-10-9
(CUSIP number)
Kathleen M. Burke, Esq.
The Society of the New York Hospital Fund, Inc.
525 East 68th Street
New York, New York 10021
(212) 746-4075
(Name, address and telephone number of person
authorized to receive notices and communications)
September 21, 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 transaction 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.)
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.
(Continued on following pages)
(Page 1 of 10 Pages)
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CUSIP No. 69-111-10-9 13D Page 2 of 10 Pages
1 NAME OF PERSON
THE SOCIETY OF THE NEW YORK HOSPITAL FUND, INC.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
13-3160356
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP* (a) [ ]
(b) [X]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
NOT APPLICABLE
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
7 SOLE VOTING POWER
-0-
NUMBER OF SHARES
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
EACH REPORTING PERSON 4,073,376
WITH
9 SOLE DISPOSITIVE POWER
35,050
10 SHARED DISPOSITIVE POWER
-0-
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,073,376
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.9%
14 TYPE OF PERSON REPORTING*
CO
* SEE INSTRUCTIONS BEFORE FILLING OUT
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GENERAL. This Amendment No. 1 to the Schedule 13D amends, to the
extent set forth herein, the Schedule 13D dated December 2, 1994 filed by The
Society of the New York Hospital Fund, Inc., ("The Filing Person").
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
The responses to paragraphs (a) through (c) of Item 5 are hereby
amended to add the following:
On September 21, 1995 and September 25, 1995, the Filing Person
received 3,150 and 31,900 shares of Common Stock, respectively, pursuant to
charitable gifts. The Filing Person had no other transactions in the shares of
Common Stock during the past sixty (60) days.
Following such transactions, the Filing Person is the direct
beneficial owner of 35,050 shares of the Common Stock representing
approximately .5% of the outstanding Common Stock, based on the 6,579,631
shares of Common Stock outstanding on June 30, 1995 as reported in the
Company's Form 10-Q for the quarterly period ended June 30, 1995.
By virtue of the provisions of the Stockholders' Agreement described
in Item 6 of this Schedule 13D, the Filing Person may be deemed to be the
indirect beneficial owner of approximately 4,073,376 shares of Common Stock
held by the parties to such agreement.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: September 29, 1995 The Society of the New York Hospital
Fund, Inc.
By: /s/ Kathleen M. Burke
-----------------------------
Name: Kathleen M. Burke
Title: Secretary
S-1
