VERSAILLES CAPITAL CORP /CO
SC 13D, 1997-10-09
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<PAGE>
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                 SCHEDULE 13D

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

                        VERSAILLES CAPITAL CORPORATION
- ---------------------------------------------------------------------------
                               (Name of Issuer)

                           No Par Value Common Stock
- ---------------------------------------------------------------------------
                        (Title of Class of Securities)

                                   925131104
- ---------------------------------------------------------------------------
                                (CUSIP Number)
         Clifford L. Neuman, 1507 Pine Street, Boulder, Colorado 80302
                                (303) 449-2100
- ---------------------------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized
                    to Receive Notices and Communications)

                              September 21, 1997
- ---------------------------------------------------------------------------
            (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 /  /.

     Check the following box if a fee is being paid with this 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 following page(s))

                               Page 1 of 4 Pages
<PAGE>
<PAGE>                                                      
                                 SCHEDULE 13D

CUSIP NO. 925131104                          Page 2 of 4 Pages
- ---------------------------------------------------------------------------
(1)  Names of Reporting Persons, S.S. or I.R.S. Identification Nos. of Above
     Persons

     Clifford L. Neuman
- ---------------------------------------------------------------------------
(2)  Check the Appropriate Box if a Member             (a) /  /
     of a Group*                                       (b) /  /
- ---------------------------------------------------------------------------
(3)  SEC Use Only

- ---------------------------------------------------------------------------
(4)  Source of Funds*

     OO
- ---------------------------------------------------------------------------
(5)  Check if Disclosure of Legal Proceedings is Required Pursuant to Items
     2(d) or 2(e)                  /   /
- ---------------------------------------------------------------------------
(6)  Citizenship or Place of Organization

     Clifford L. Neuman is a U.S. citizen.
- ---------------------------------------------------------------------------
Number of Shares              (7)  Sole Voting Power          66,667
Beneficially Owned                 
by Each Reporting             ---------------------------------------------
Person With                   (8)  Shared Voting Power
                                   
                              ---------------------------------------------
                              (9)  Sole Dispositive Power     66,667
                                   
                              ---------------------------------------------
                              (10) Shared Dispositive Power
                                   
- ---------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person

     66,667
- ---------------------------------------------------------------------------
(12) Check if the Aggregate Amount in the Row (11) Excludes Certain Shares*/ /

- ---------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)

     5.2%
- ---------------------------------------------------------------------------
(14) Type of Reporting Person*

     IN
- ---------------------------------------------------------------------------
                     *SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
<PAGE>
                                             Page 3 of 4 Pages

ITEM 1.   SECURITY AND ISSUER

          This statement relates to the no par value common stock of
Versailles Capital Corporation ("Versailles") or ("Company").  Versailles'
principal executive offices are located at 370 17th Street, Suite 2350,
Denver, Colorado 80202.  The principal executive officers of the Company are:

          David C. Walters    President and Director
          William Maury Bell  Vice-President and Director
          Cindy R. Hintgen    Secretary/Treasurer and Director

ITEM 2.   IDENTITY AND BACKGROUND

     (A)  Clifford L. Neuman
     (B)  Mr. Neuman's business address is 1507 Pine Street, Boulder, Colorado
          80302.
     (C)  Mr. Neuman's principal occupation is Attorney.
     (D)  Mr. Neuman has not been convicted in a criminal proceeding during
          the last 5 years.
     (E)  Mr. Neuman has not been party to a civil proceeding of a judicial or
          administrative body of competent jurisdiction the result of which he
          would be enjoined from federal or state securities law violation or
          activity during the last 5 years.
     (F)  Mr. Neuman is a U.S. citizen. 


ITEM 3.   SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

     Mr. Neuman acquired the securities in February 1997 in exchange for legal
services provided the Company.  The Board of Directors that approved the
issuance of the shares determined the fair market value of the shares to be
$.05 per share.


ITEM 4.   PURPOSE OF TRANSACTION

     Mr. Neuman's ownership of shares of the no par value common stock of
Versailles is solely for investment purposes.  He may sell the shares in the
future


ITEM 5.   INTEREST IN SECURITIES OF THE ISSUER

          Mr. Neuman beneficially 66,667 shares of common stock of the Issuer. 
Such shares represent 5.2% of the issued and outstanding common stock of the
Issuer.  Mr. Neuman has the sole power to vote and dispose the aforementioned
shares.


ITEM 6.   CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
          RESPECT TO SECURITIES OF THE ISSUER.

          None


ITEM 7.   MATERIAL TO BE FILED AS EXHIBITS

          None
<PAGE>
<PAGE>
                                                       Page 4 of 4

                                   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.

                                        October 9, 1997
                                        -----------------------------------
                                        (Date)

                                        /s/ Clifford L. Neuman
                                        -----------------------------------
                                        (Signature)

                                        Clifford L. Neuman, Esq.
                                        -----------------------------------
                                        (Name/Title)





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