SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
Capital Associates, Inc.
................................................................................
(Name of Issuer)
Common Stock
................................................................................
(Title of Class of Securities)
139730 20 4
................................................................................
(CUSIP Number)
Check the following box if a fee is being paid with this statement [X]. (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 less than five percent of such class.
See Rule 13d-7.)
* 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.
<PAGE>
SCHEDULE 13G
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CUSIP No. 139730 20 4 Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jack M. Durliat
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a). |_|
(b). |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5 SOLE VOTING POWER
0
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 360,007 shares*
WITH
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
360,007 shares*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.13%
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12 TYPE OF REPORTING PERSON
IN
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* Reflects a sale of 275,000 shares by the reporting person on January 10,
1996. The reporting person together with another shareholder has entered
into agreements with a third-party to sell a portion of his remaining shares
to such third-party. At this time, the number of shares to be sold by the
reporting person has not been determined.
<PAGE>
Page 3 of 6 Pages.
SCHEDULE 13G
Item 1.
(a) Name of Issuer:
Capital Associates, Inc.
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(b) Address of Issuer's Principal Executive Offices:
7175 West Jefferson Avenue, Suite 4000,
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Lakewood, CO 80235
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Item 2.
(a) Name of Person Filing:
Jack M. Durliat
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(b) Address of Principal Business or, if none,
Residence:
71 Indigo Way, Castle Rock, CO 80104
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(c) Citizenship:
U.S.A.
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(d) Title of Class of Securities:
Common Stock
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(e) CUSIP Number:
139730 20 4
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<PAGE>
Page 4 of 6 Pages.
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15
of the Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in section
3(a)(19) of the Act
(d) [ ] Investment Company registered under section 8
of the Investment Company Act
(e) [ ] Investment Adviser registered under section
203 of the Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund
which is subject to the provisions of the
Employee Retirement Income Security Act of
1974 or Endowment Fund; see
ss.240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with
ss.240.13d-1(b)(ii)(G)
(h) [ ] Group, in accordance with ss.240.13d-
1(b)(1)(ii)(H)
Item 4. Ownership.
Amount Beneficially Owned: 360,007 shares*
---------------
Percent of Class: 6.13%
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Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
0
---
(ii) shared power to vote or to direct the vote: 0
---
(iii) sole power to dispose or to direct the
disposition of: 360,007 shares*
---------------
- -------------
* Reflects a sale of 275,000 shares by the reporting person on January 10,
1996. The reporting person together with another shareholder has entered
into agreements with a third-party to sell a portion of his remaining shares
to such third-party. At this time, the number of shares to be sold by the
reporting person has not been determined.
<PAGE>
Page 5 of 6 Pages.
(iv) shared power to dispose or to direct the
disposition of: 0
---
Item 5. Ownership of Five Percent or Less of a Class:
Not Applicable
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Item 6. Ownership of More than Five Percent on Behalf of
Another Person:
Not Applicable
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Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the
Parent Holding Company:
Not Applicable
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Item 8. Identification and Classification of Members of the
Group:
Not Applicable
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Item 9. Notice of Dissolution of Group:
Not Applicable
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Item 10. Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
<PAGE>
Page 6 of 6 Pages.
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.
February 2, 1996
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Date
/s/Jack M. Durliat
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Signature
Jack M. Durliat
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Name
