UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1) *
Meritage Hospitality Group Inc., a Michigan corporation
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(Name of Issuer)
Common Shares, $.01 par value
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(Title of Class of Securities)
59000K 10 1
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(CUSIP Number)
Robert E. Schermer, Sr.
c/o Robert W. Baird & Co. Incorporated
333 Bridge Street, N.W., Suite 1000
Grand Rapids, Michigan 49504
(616) 459-4491
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
JANUARY 30, 1998
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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 [ ].
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 page.
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 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).
Page 1 of 3 Pages
<PAGE>
CUSIP NO. 59000K 10 1 SCHEDULE 13D Page 2 of 3 Pages
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1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert E. Schermer, Sr.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b)
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO TIME 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States, State of Michigan
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7 SOLE VOTING POWER
161,533
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH
REPORTING 2,000
PERSON WITH ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
161,533
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10 SHARED DISPOSITIVE POWER
2,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
163,533
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.25%
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14 TYPE OF REPORTING PERSON
IN
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<PAGE>
This Schedule 13D as previously filed is amended in Item 5 by adding the
material below.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) See page 2, nos. 11 and 13.
(b) See page 2, nos. 7-10.
(c) On January 30, 1998, the Issuer acquired the remaining 46% of the
Wendy's of West Michigan Limited Partnership in exchange for 1,772,359
of the Issuer's Common Shares. In connection with this transaction,
Mr. Schermer's ownership decreased to 3.25%.
(d) None.
(e) Mr.Schermer ceased to be the beneficial owner of more than five
percent of the class of securities on January 30, 1998. The filing of
this Amendment terminates Mr. Schermer's obligation to file future
Amendments to this Schedule 13D.
SIGNATURES
After reasonable inquiry and to the best of their knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: February 3, 1998 /s/ Robert E. Schermer, Sr.
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Robert E. Schermer, Sr.
Page 3 of 3 Pages
