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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)*
CECO FILTERS, INC.
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(Name of Issuer)
Common
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(Title of Class of Securities)
150034 10-6
----------------------------------------
(CUSIP Number)
Steven I. Taub
1325 Centennial Road
Narberth, Pennsylvania 19072
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
August 13, 1997
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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).
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SCHEDULE 13D
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CUSIP NO. 150034 10-6
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Steven I. Taub SS# ###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
(a) [ ] (b) [ ]
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3. SEC USE ONLY:
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4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
OO
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION:
U.S.A.
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NUMBER OF 7. SOLE VOTING POWER
SHARES
BENEFICIALLY 295,000
OWNED BY --------------------------------------------
EACH 8. SHARED VOTING POWER
REPORTING
PERSON WITH None
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9. SOLE DISPOSITIVE POWER
295,000
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10. SHARED DISPOSITIVE POWER
None
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
295,000
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS):
[ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.11%
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14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
IN
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SCHEDULE 13-D
AMENDMENT NO. 6
CECO FILTERS, INC.
STEVEN I. TAUB
CUSIP NO. 150034 10-6
Amendment No. 6 to a Schedule 13-D, which is being filed to report a
disposition of securities of the issuer pursuant to an event dated August 13,
1997.
Items 3 - 5 inclusive for the reporting person, Steven I. Taub:
Item 3. Source and Amount of Funds or Other Consideration:
The reporting person disposed of 1,165,000 shares of
common stock of the issuer in an exchange transaction
in which the reporting person received 582,500 shares
of common stock of CECO Environmental Corp. ("CECO
En") The exchange ratio for the transaction was two
shares of common stock of the issuer for one share of
common stock of CECO En.
Item 4. Purpose of Transaction
The reporting person disposed of 1,165,000 shares of
common stock of the issuer pursuant to a
reorganization transaction, as a result of which CECO
En acquired over 80% of the issued and outstanding
shares of common stock of the issuer. CECO En was the
holder of a majority of the issued and outstanding
shares of common stock of the issuer immediately
prior to the transaction being reported herein.
The reporting person does not have any plans or
proposals which relate to or would result in any of
the following:
(a) The acquisition of additional securities of the
issuer, or the disposition of securities of the
issuer, other than the anticipated cancellation by
the issuer of all of the reporting person's
exercisable (295,000) and non-exercisable (30,000)
options to acquire shares of common stock of the
Company;
(b) An extraordinary corporate transaction, such as a
merger, reorganization or liquidation, involving the
issuer or any of its subsidiaries;
(c) A sale or transfer of a material amount of assets of
the issuer or any of its subsidiaries;
(d) Any material change in the present capitalization or
dividend policy of the issuer;
(e) Any other material change in the issuer's business or
corporate structure;
(f) Changes in the issuer's charter, by-laws, or
instruments corresponding thereto or other actions
which may impede the acquisition of control of the
issuer by any person;
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CUSIP NO. 150034 10-6 PAGE 4 OF 4 PAGES
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(g) A class of securities of the issuer being delisted
from a national securities exchange or ceasing to be
authorized to be quoted in an inter-dealer quotation
system of a registered national securities
association;
(h) A class of equity securities of the issuer becoming
eligible for termination of registration pursuant to
Section 12(g)(4) of the Securities Exchange Act of
1934.
Item 5. Interest in Securities of the Issuer:
(a) The reporting person owns, directly and
beneficially, 295,000 currently exercisable
options, to acquire shares of common stock
of the issuer. Based on the last Form
10-QSB filed by the issuer, and adding the
295,000 currently exercisable options to
acquire shares of common stock of the issuer
owned by the reporting person, the issuer
would have 7,162,667 shares of common stock
issued and outstanding. Accordingly, the
reporting person is deemed to own 4.11% of
the issued and outstanding shares of common
stock of the issuer.
(b) The reporting person has sole power to vote
and sole power to dispose of the 295,000
currently exercisable options to acquire
shares of common stock of the issuer.
(c) Other than the disposition 1,165,000 shares
of common stock of the issuer being reported
herein, there have been no transactions
effected in the common stock of the issuer
by the reporting person in the past sixty
days.
(d) No persons other than the reporting person
are known to have the right to receive or
the power to direct the receipt of dividends
from, or the proceeds from the sale of, the
295,000 currently exercisable options to
acquire shares of common stock of the issuer
owned by the reporting person.
(e) The reporting person ceased to be the
beneficial owner of five percent (5%) or
more of the common stock of the issuer on
August 13, 1997.
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.
10/15/97 /S/ Steven I. Taub
______________________ ____________________________________
Date Signature
Steven I. Taub, President
____________________________________
Name and Title
