AMCOL INTERNATIONAL CORP
SC 13G/A, 1999-02-12
MINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS)
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Securities and Exchange Commission, Washington, D.C. 20549

Schedule 13G

Under the Securities Exchange Act of 1934

(Amendment No. 9)*
____________________________________________________________
___________
(Name of Issuer) Amcol International Corporation
____________________________________________________________
___________
(Title of Class of Securities) Common Stock
____________________________________________________________
___________
(CUSIP Number) 02341W103
____________________________________________________________
___________
(Date of Event Which Requires Filing of this Statement)
Annual Filing

    Check the appropriate box to designate the rule pursuant
to which
this Schedule is filed:

[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)

    *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 the
disclosures
provided in a prior cover page.
    The information required in 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).



                          CUSIP No. 02341W103

 (1) Names of reporting persons...Bankmont Financial Corp
  I.R.S. Identification Nos. of above persons (entities
only)
 51-0275712
- ------------------------------------------------------------
- -----------

 (2) Check the appropriate box if a member of a group
      (a)
      (b)  x

(3) SEC use
only.....................................................
- ------------------------------------------------------------
- -----------
(4) Citizenship or place of
organization.............................
A Delaware Corporation
- ------------------------------------------------------------
- -----------
Number of shares beneficially owned by each reporting person
with:
  (5) Sole voting
power...0..........................................

  (6) Shared voting
power....3,101,751...............................

  (7) Sole dispositive
power......0..................................

  (8) Shared dispositive
power....3,101,751..........................
- ------------------------------------------------------------
- -----------
(9) Aggregate amount beneficially owned by each reporting
person.....
3,101,751
- ------------------------------------------------------------
- -----------
 (10) Check if the aggregate amount in Row (9) excludes
certain shares
 (see
instructions)...............................................
 ...
- ------------------------------------------------------------
- -----------
(11) Percent of class represented by amount in Row
(9)...11.4%.......
- ------------------------------------------------------------
- -----------
(12) Type of reporting person (see
instructions)....HC.............
- ------------------------------------------------------------
- -----------

Page--of--Pages---------------------------------------------
- -----------
Item 1(a) Name of issuer:
Amcol International Corporation

    Item 1(b) Address of issuer's principal executive
offices:
One North Arlington
1500 West Shure Drive
Arlington Heights, IL 60004

    2(a) Name of person filing:  Bankmont Financial Corp
____________________________________________________________
___________
    2(b) Address or principal business office or, if none,
residence:
111 W. Monroe Street
P. O. Box 755
Chicago, IL 60690
____________________________________________________________
___________
    2(c) Citizenship:  A Delaware Corporation
____________________________________________________________
___________
    2(d) Title of class of securities:  Common Stock
____________________________________________________________
___________
    2(e) CUSIP No.:  02341W103
____________________________________________________________
___________

    Item 3. If this statement is filed pursuant to Secs.
240.13d-1(b) or 240.13d-2(b) or (c), check whether the
person filing is a:
    (a) [ ] Broker or dealer registered under section 15 of
the Act (15
U.S.C. 78o).
    (b) [X] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C.
78c).
    (c) [ ] Insurance company as defined in section 3(a)(19)
of the Act
(15 U.S.C. 78c).
    (d) [ ] Investment company registered under section 8 of
the
Investment Company Act of 1940 (15 U.S.C 80a-8).
    (e) [ ] An investment adviser in accordance with Sec.
240.13d-
1(b)(1)(ii)(E);
    (f) [ ] An employee benefit plan or endowment fund in
accordance
with Sec. 240.13d-1(b)(1)(ii)(F);
    (g) [X] A parent holding company or control person in
accordance
with Sec. 240.13d-1(b)(1)(ii)(G);
    (h) [ ] A savings associations as defined in Section
3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i) [ ] A church plan that is excluded from the
definition of an
investment company under section 3(c)(14) of the Investment
Company Act
of 1940 (15 U.S.C. 80a-3);
    (j) [ ] Group, in accordance with Sec. 240.13d-
1(b)(1)(ii)(J).

Item 4. Ownership
1.
    (a) Amount beneficially owned:   3,101,751   .
    (b) Percent of class:     11.4%    .
    (c) Number of shares as to which the person has:
    (i) Sole power to vote or to direct the vote     0
 .
    (ii) Shared power to vote or to direct the vote
3,101,751 .
    (iii) Sole power to dispose or to direct the disposition
of
     0     .
    (iv) Shared power to dispose or to direct the
disposition of
     3,101,751     .

Item 5. Ownership of 5 Percent or Less of a Class. If this
statement
is being filed to report the fact that as of the date hereof
the
reporting person has ceased to be the beneficial owner of
more than 5
percent of the class of securities, check the following [
].

Item 6. Ownership of More than 5 Percent on Behalf of
Another
Person.
See Exhibit 2

    Item 7. Identification and Classification of the
Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding Company or Control Person.
Bankmont Financial Corp., a Parent Holding Company,
Filing on behalf of the following subsidiaries:

Harris Bankcorp, Inc., a Parent Holding Company
111 West Monroe Street
P. O. Box 755
Chicago, IL  60690

Harris Trust and Savings Bank, a bank
111 West Monroe Street
P. O. Box 755
Chicago, IL  60690

And filing on behalf of its parent:

Bank of Montreal
1 First Canadian Place
Toronto, Ontario Canada
MX5 1H3

Item 8. Identification and Classification of Members of the
Group
See Exhibit 2

Item 9. Notice of Dissolution of Group.
Not Applicable

Item 10. Certification

By signing below I certify that, to the best of my knowledge
and
belief, the securities referred to above were acquired and
are held in
the ordinary course of business and were not acquired and
are not held
for the purpose of or with the effect of changing or
influencing the
control of the issuer of the securities and were not
acquired and are
not held in connection with or as a participant in any
transaction
having that purpose or effect.
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.

Dated: February 12, 1999

BANKMONT FINANCIAL CORP.


BY:  (Alan G. McNally)
         Alan G. McNally
         President

Schedule 13G
Exhibit 1

Harris Trust and Savings Bank is a wholly-owned subsidiary
of Harris Bankcorp, Inc., which is a wholly-owned subsidiary
of Bankmont Financial Corp., which is a wholly-owned
subsidiary of Bank of Montreal. Pursuant to Rule 13d-
1(k)(1)(iii), Bank of Montreal, Harris Bankcorp, Inc. and
Harris Trust and Savings Bank agree to this filing of
Schedule 13G by Bankmont Financial Corp.  This exhibit is
submitted as proof of  their agreement and authorization for
Bankmont Financial Corp. to file on their behalf.

Dated:  February 12, 1999

BANK OF MONTREAL

BY:  (Velma J. Jones)
          Velma J. Jones
          Secretary


HARRIS BANKCORP, INC.

BY:  (Thomas R. Sizer)
          Thomas R. Sizer
          Secretary


HARRIS TRUST AND SAVINGS BANK

BY:  (Thomas R. Sizer)
          Thomas R. Sizer
          Secretary


Schedule 13G
Exhibit 2

This Schedule is being filed by Bankmont Financial
Corporation, its parent company, Bank of Montreal, Bankmont
Financial Corporation's wholly-owned subsidiary Harris
Bankcorp, Inc., Harris Bankcorp, Inc.'s wholly-owned
subsidiary Harris Trust and Savings Bank which holds
3,101,751 of the shares reported in this filing as a co-
trustee of the Trust Under Will of Paul Bechtner.  As such,
Harris Trust and Savings Bank shares both investment and
voting authority with Mr. Everett P. Weaver and Mr. William
D. Weaver. No one person has the right to receive the
benefits of, or has the right to direct the receipt of, as
much as five percent (5%) of the dividends of the class of
security reported.

Bank of Montreal, Bankmont Financial Corp., Harris Bankcorp,
Inc. and Harris Trust and Savings Bank expressly disclaim
the existence of a group for purposes other than this
filing.


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