SECURED INCOME L P
SC 14D1/A, 1998-08-18
REAL ESTATE
Previous: MERCHANTS GROUP INC, SC 13D/A, 1998-08-18
Next: SECURED INCOME L P, SC 14D1/A, 1998-08-18




                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                      ------------------------------------

                                 AMENDMENT NO. 2
                                       TO
                                 SCHEDULE 14D-1
               TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                      ------------------------------------

                               SECURED INCOME L.P.
                            (Name of Subject Company)

                        WEST PUTNAM HOUSING INVESTORS LLC
                               RICHARD P. RICHMAN
                              ROBERT H. WILDER, JR.
                                    (Bidders)

                      UNITS OF LIMITED PARTNERSHIP INTEREST
                         (Title of Class of Securities)

                                    813901105
                      (CUSIP Number of Class of Securities)

                      ------------------------------------

                                 GINA S. SCOTTI
                          VICE PRESIDENT AND SECRETARY
                        WEST PUTNAM HOUSING INVESTORS LLC
                             599 WEST PUTNAM AVENUE
                               GREENWICH, CT 06830
                                 (203) 869-0900
            (Name, Address and Telephone Number of Person Authorized
           to Receive Notices and Communications on Behalf of Bidder)


                                    COPY TO:
                              PETER G. SMITH, ESQ.
                        KRAMER, LEVIN, NAFTALIS & FRANKEL
                                919 THIRD AVENUE
                            NEW YORK, NEW YORK 10022
                                 (212) 715-9100
 -------------------------------------------------------------------------------


<PAGE>

                                      14D-1
                                PAGE 2 OF 6 PAGES



- --------------------------------------------------------------------------------
  1   NAMES OF REPORTING PERSONS

      WEST PUTNAM HOUSING INVESTORS                      LLC

- --------------------------------------------------------------------------------
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                         |_| (a)

                                                                         |_| (b)

- --------------------------------------------------------------------------------
  3   SEC USE ONLY


- --------------------------------------------------------------------------------
  4   SOURCES OF FUNDS

         AF

- --------------------------------------------------------------------------------
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
      TO ITEMS 2(e) OR 2(f)


- --------------------------------------------------------------------------------
  6   CITIZENSHIP OR PLACE OF ORGANIZATION

         DELAWARE

- --------------------------------------------------------------------------------
  7   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         0

- --------------------------------------------------------------------------------
  8   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
      SHARES
                                                                             |-|


- --------------------------------------------------------------------------------
  9   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

         0%
- --------------------------------------------------------------------------------
 10   TYPE OF REPORTING PERSON

         OO

- --------------------------------------------------------------------------------





<PAGE>

- --------------------------------------------------------------------------------


                                      14D-1
                                PAGE 3 OF 6 PAGES


- --------------------------------------------------------------------------------
  1   NAMES OF REPORTING PERSONS

      RICHARD P. RICHMAN

- --------------------------------------------------------------------------------
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                         |_| (a)

                                                                         |_| (b)

- --------------------------------------------------------------------------------
  3   SEC USE ONLY


- --------------------------------------------------------------------------------
  4   SOURCES OF FUNDS

         PF/AF/OO

- --------------------------------------------------------------------------------
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
      TO ITEMS 2(e) OR 2(f)


- --------------------------------------------------------------------------------
  6   CITIZENSHIP OR PLACE OF ORGANIZATION

         USA

- --------------------------------------------------------------------------------
  7   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         0

- --------------------------------------------------------------------------------
  8   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
      SHARES
                                                                             |-|


- --------------------------------------------------------------------------------
  9   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

         0%
- --------------------------------------------------------------------------------
 10   TYPE OF REPORTING PERSON

         IN

- --------------------------------------------------------------------------------


                                        3


<PAGE>

- --------------------------------------------------------------------------------


                                      14D-1
                                PAGE 4 OF 6 PAGES


- --------------------------------------------------------------------------------
  1   NAMES OF REPORTING PERSONS

      ROBERT H. WILDER, JR.

- --------------------------------------------------------------------------------
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                         |_| (a)

                                                                         |_| (b)

- --------------------------------------------------------------------------------
  3   SEC USE ONLY


- --------------------------------------------------------------------------------
  4   SOURCES OF FUNDS

         PF/AF/OO

- --------------------------------------------------------------------------------
  5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
      TO ITEMS 2(e) OR 2(f)


- --------------------------------------------------------------------------------
  6   CITIZENSHIP OR PLACE OF ORGANIZATION

         USA

- --------------------------------------------------------------------------------
  7   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         0

- --------------------------------------------------------------------------------
  8   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
      SHARES
                                                                             |-|


- --------------------------------------------------------------------------------
  9   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

         0%
- --------------------------------------------------------------------------------
 10   TYPE OF REPORTING PERSON

         IN

- --------------------------------------------------------------------------------


                                        4


<PAGE>

     West Putnam Housing  Investors LLC, a Delaware  limited  liability  company
(the  "Purchaser"),  and Messrs.  Richard P. Richman and Robert H.  Wilder,  Jr.
(Messrs.  Richman and Wilder together, the "Purchaser  Affiliates," and together
with the Purchaser,  the "Bidders")  hereby amend the Tender Offer  Statement on
Schedule  14D-1 dated July 24, 1998,  as amended by  Amendment  No.1 to Schedule
14D-1 dated August 7, 1998 (as so amended,  the "Schedule  14D-1"),  relating to
the  Purchaser's  offer to  purchase up to 394,000 of the  outstanding  units of
limited partnership  interest (the "Units"),  of Secured Income L.P., a Delaware
limited partnership (the "Partnership").

     Unless otherwise  defined herein,  capitalized terms used herein shall have
the meanings set forth in the Schedule 14D-1.

ITEM 2.  IDENTITY AND BACKGROUND.

     The first  sentence of Item  2(a)-(d),  (g) of the Schedule 14D-1 is hereby
amended to read in its entirety as follows:

     This Statement is being filed by the Bidders.



ITEM 4.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

     Item  4(a)  of  the   Schedule   14D-1  and   Sections   10   ("--Financing
Arrangements")  and 12 ("Source  of Funds") of the Offer to Purchase  are hereby
amended to add the following:

     In connection with the formation of the Purchaser, the Purchaser Affiliates
agreed to provide to the Purchaser capital contributions  sufficient to purchase
the 394,000 Units and pay for related fees and expenses.
The Purchaser does not have any other significant assets or liabilities.


                                        5


<PAGE>

                                    SIGNATURE


               After due 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:  August 18, 1998


                                      West Putnam Housing Investors LLC


                                      By:    /s/ Gina S. Scotti
                                             ------------------
                                             NAME:  Gina S. Scotti
                                             TITLE: Vice President and Secretary


                                      RICHARD P. RICHMAN


                                      /s/ RICHARD P. RICHMAN
                                      ----------------------



                                      ROBERT H. WILDER, JR.

                                      /s/ ROBERT H. WILDER, JR.
                                      -------------------------


                                        6


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission