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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 10 )*
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Reading Company
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(Name of Issuer)
Class A Common Stock, par value $.01 per share
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(Title of Class of Securities)
755332-50-9
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(CUSIP Number)
S. Craig Tompkins, President, Craig Corporation
550 South Hope Street, Suite 1825, Los Angeles, California 90071 (213) 239-0555
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
June 24, 1996
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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 [_].
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).
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CUSIP NO. 755332-50-9 SCHEDULE 13D PAGE 2 OF 3 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CRAIG CORPORATION
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
WC
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(E) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
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SOLE VOTING POWER
7
NUMBER OF 2,610,826
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 2,610,826
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,610,826
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
12 SHARES* [_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
52.6%
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TYPE OF REPORTING PERSON*
14
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 3 of 3 Pages
This Amendment No. 10 supplements Amendment No. 9 of the Schedule 13D,
as previously amended (as so amended, the "Schedule 13D"), filed by Craig
Corporation, a Delaware corporation ("Craig"), relating to beneficial holdings
of shares of Class A Common Stock, $0.01 par value per share of Reading Company,
a Pennsylvania corporation ("Reading").
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
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The source of funds for Craig's purchase of 91,300 shares of Reading's
Class A Common Stock is working capital. The total net consideration amounted
to approximately $982,100.
ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER.
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Item 5 of the Schedule is hereby amended by this Amendment No. 10 to
add the following:
5(a). See Items 11 and 13 of the Cover Page concerning the securities
of Reading beneficially owned by Craig.
5(b). See Items 7, 8, 9 and 10 of the Cover Page concerning the
calculation of the combined voting power represented by the securities of
Reading beneficially owned by Craig.
Craig has engaged in the following transactions in Class A Stock of
Reading, all of which were effectuated in the over-the-counter market:
<TABLE>
<CAPTION>
Date Shares Purchased Price Per Share
------- ---------------- ---------------
<S> <C> <C>
6/24/96 61,800 $10.75
6/25/96 29,500 $10.75
</TABLE>
SIGNATURES
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After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this Statement is
true, complete and correct.
Dated: June 27, 1996 CRAIG CORPORATION
a Delaware corporation
By:/s/ Robin W. Skophamer
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Robin W. Skophamer
Chief Financial Officer
