PUBCO CORP
SC 13D/A, 1996-07-08
CONSTRUCTION MACHINERY & EQUIP
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<PAGE>
                   SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                              Schedule 13D

                Under the Securities Exchange Act of 1934
                            (Amendment No. 11)

                            PUBCO CORPORATION
                             (Name of Issuer)

                               COMMON STOCK
                      (Title of Class of Securities)

                               744378-60-5
                              (CUSIP Number)

                            Stephen R. Kalette
       3830 Kelley Avenue, Cleveland OH 44114 (216) 881-5300 X3200
              (Name, Address and Telephone Number of Person
            Authorized to Receive Notices and Communications)

                              June 27, 1996
                   (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 /x /.
                                                                      
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.

*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).

                    Continued on the following page(s)

                            Page 1 of 5 Pages
<PAGE>
CUSIP No. 744378-60-5                  13D                    Page 2 of 5 Pages

1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Robert H. Kanner   ###-##-####
                                                                            
2   Check the Appropriate Box if a member of a Group*             (a)  /   /
                                                                  (b)  / x /

3   SEC USE ONLY

4   Source of Funds*

         PF, AF

5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
    2(d) or (2e)                                                            
                                                                       /   /

6   CITIZENSHIP OR PLACE OF ORGANIZATION

         USA

                   7    SOLE VOTING POWER
NUMBER OF
  SHARES                     2,066,894 Common and 514,044 Class B
BENEFICIALLY
  OWNED BY         8    SHARED VOTING POWER
  EACH
REPORTING                    None
  PERSON
  WITH             9    SOLE DISPOSITIVE POWER

                             2,066,894 Common and 514,044 Class B

                   10   SHARED DISPOSITIVE POWER

                             None

11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              2,580,938 Common and Common Stock equivalent

12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
                                                                            
                                                                       /   /

13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              68.8%

14  TYPE OF REPORTING PERSON*

              IN

                      *SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
CUSIP No. 744378-60-5                  13D                    Page 3 of 5 Pages


ITEM 1.  Security and Issuer.

    The Schedule 13D as originally filed related to the Common Stock, $.01 par 
    value of Pubco Corporation, then a Maryland Corporation, with principal 
    business offices at 8300 Greensboro Drive, McLean, VA 22102.  Subsequent 
    amendments to the Schedule 13D reported that the Issuer reincorporated in 
    Delaware, retained the $.01 par value of its Common Stock, moved its 
    principal business offices to 3830 Kelley Avenue, Cleveland, Ohio 44114, 
    declared a 1 for 20 reverse split of its Common Stock, and issued a Class 
    B Stock which was convertible into its Common Stock and equivalent to its 
    Common Stock, but for its higher voting rights.


ITEM 2. Identity and Background.

    The Schedule 13D as originally filed, reflected Robert H. Kanner and 
    Buckeye Business Products, Inc., an Ohio corporation which he controlled, 
    both of 7209 St. Clair Avenue, Cleveland, Ohio 44114, as reporting 
    persons.  Subsequent amendments to this Schedule 13D reported relocation 
    of the reporting persons and the Issuer to 3830 Kelley Avenue, Cleveland, 
    Ohio 44114, and the elimination of Buckeye as a reporting person.


ITEM 3.  Source and Amount of Funds and Other Consideration.

    The Schedule 13D as originally filed reported that personal funds of Mr. 
    Kanner and corporate working capital funds of Buckeye were used to acquire 
    the stock of the Issuer.  Subsequent amendments to this Schedule 13D 
    reported additional purchases of the Issuer's Common Stock by Mr. Kanner 
    and Buckeye, in both open market and privately negotiated transactions, 
    using personal funds of Mr. Kanner and corporate working capital funds of 
    Buckeye and the sale of Buckeye to the Issuer for additional Common and 
    Preferred Stock of the Issuer.


ITEM 4.  Purpose of the Transaction.

    The Schedule 13D as originally filed, reported that the purchases of the 
    Issuer's Common Stock by the reporting persons were made to obtain control 
    of the Issuer by the reporting persons and that subsequent purchases were 
    made to increase control of the Issuer by the reporting persons.


ITEM 5.  Interest in Securities of the Issuer.

    The Schedule 13D as originally filed reported that the reporting persons 
    had acquired approximately 62% of the Issuer.  Subsequent amendments to 
    the Schedule 13D reported increases in the reporting person's percent 
    beneficially owned because of additional purchases by the reporting 
<PAGE>
CUSIP No. 744378-60-5                  13D                    Page 4 of 5 Pages


    persons in both private and open market transactions as well as changes in 
    the Issuer's outstanding Common shares as a result of a reverse stock 
    split, and the issuance of stock for Buckee.

    The Schedule 13D is further amended to reflect that Bobbie Brooks, 
    Incorporated, formerly a 90% subsidiary of the Issuer ("Brooks"), and 
    Aspen Imaging International, Inc., formerly a 62% subsidiary of Brooks 
    ("Aspen"), were each acquired by the Issuer on June 27, 1996.  Brooks 
    merged with and into the Issuer and each Brooks stockholder will receive 
    one share of the Issuer's Common Stock for each 6 shares of Brooks Common 
    Stock owned by him.  A newly-formed, wholly-owned subsidiary of the Issuer 
    acquired all of the assets of Aspen in exchange for the assumption by such 
    subsidiary of all of the obligations of Aspen and Common Stock of the 
    Issuer.  Upon liquidation of Aspen, each Aspen stockholder will receive 
    one share of the Issuer's Common Stock for each 7 shares of Aspen Common 
    Stock owned by him.  Fractional shares of the Issuer's Common Stock will 
    not be issued.

    The Issuer estimates that approximately 290,746 shares of the Issuer's 
    Common Stock will be issued in the two transactions bringing the Issuer's 
    issued and outstanding Common Stock to approximately 3,752,473.  The 
    reporting person retains his previously reported ownership of the Issuer's 
    Class B Stock.  The foregoing has resulted in a decrease in the reporting 
    person's ownership of Common Stock and equivalents of the Issuer to 
    approximately 68.8% from 74.5%

    This reporting person may continue to purchase Pubco shares from time to 
    time.


ITEM 6.  Contracts, Agreements, Understandings or Relationships With Respect 
to Securities of the Issuer.

    The Schedule 13D as originally filed reported the agreement between Mr. 
    Kanner and Buckeye to make joint filings on Schedule 13D.


ITEM 7.  Material to be filed as Exhibits.


    None


EXCEPT AS SET FORTH ABOVE, THE SCHEDULE 13D, AS PREVIOUSLY AMENDED, TO WHICH 
THIS AMENDMENT RELATES, REMAINS UNCHANGED.




<PAGE>
CUSIP No. 744378-60-5                  13D                    Page 5 of 5 Pages

                                   Signatures


    After reasonable inquiry and to the best of my knowledge and belief, I 
certify that the information set forth in this Amendment to Statement on 
Schedule 13D is true, complete and correct.



Dated:  July 8, 1996              /s/ Robert H. Kanner           
                                  ---------------------------------     
                                       Robert H. Kanner









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