IMPERIAL HOLLY CORP
SC 13G/A, 1995-02-14
SUGAR & CONFECTIONERY PRODUCTS
Previous: IMPERIAL HOLLY CORP, SC 13G, 1995-02-14
Next: CLIFFS DRILLING CO, SC 13G, 1995-02-14



                                                     OMB APPROVAL
                                                     OMB Number: 3235-0145
                                                     Expires: October 31, 1994
                                                     Estimated average burden
                                                     hours of response...14.90

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934

                               (Amendment No. 2)*

                           IMPERIAL HOLLY CORPORATION
                                (Name of Issuer)

                        COMMON STOCK, Without Par Value
                         (Title of Class of Securities)

                                   452835101
                                 (CUSIP Number)

Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing 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).

*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).

<PAGE>

CUSIP No.  452835101                    13G                    Page 2 of 4 Pages

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

               HARRIS K. WESTON, ESQ.
               SOCIAL SECURITY ####-##-####

2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                       (a)
                                                                       (b) /X/
3         SEC USE ONLY

4         CITIZENSHIP OR PLACE OF ORGANIZATION

               UNITED STATES

 NUMBER OF     5         SOLE VOTING POWER

   SHARES                      1,015,200 (See Note 2 on Page 4)

BENEFICIALLY   6         SHARED VOTING POWER

  OWNED BY                     433,750 (See Note 3 on Page 4)

    EACH       7         SOLE DISPOSITIVE POWER

  REPORTING                    1,015,200 (See Note 2 on Page 4)

   PERSON      8         SHARED DISPOSITIVE POWER

    WITH                       433,750 (See Note 3 on Page 4)

9         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

               1,448,950 (See Notes 1, 2 and 3)

10        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

11        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

               14.1%

12        TYPE OF REPORTING PERSON*

               IN

                      *SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>
                                                               Page 3 of 4 Pages
Item 1(a)    NAME OF ISSUER:

               Imperial Holly Corporation

Item 1(b)    ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

               One Imperial Square, Suite 200, P. O. Box 9,
               Sugar Land, Texas 77487-0009

Item 2(a)    NAME OF PERSON FILING:

               Harris K. Weston, Esq.

Item 2(b)    ADDRESS OF PRINCIPAL BUSINESS OFFICE:

               Office:  Dinsmore & Shohl, 1900 Chemed Center
               255 East Fifth Street, Cincinnati, Ohio 45202

Item 2(c)    CITIZENSHIP:

               United States

Item 2(d)    TITLE AND CLASS OF SECURITIES:

               Common Stock, without par value, of Imperial Holly Corporation,
               a Texas Corporation

Item 2(e)    CUSIP NUMBER:

               452835101

Item 3       Not Applicable

Item 4       OWNERSHIP:

             (a)  Amount Beneficially Owned:  1,448,950 (See Notes 1, 2 and 3)

             (b)  Percent of Class:  14.1%

             (c)  Number of shares as to which Mr. Weston has:

                (i)   sole power to vote or to direct the vote - 1,015,200
                      (See Note 2)

                (ii)  shared power to vote or to direct the vote - 433,750
                      (See Note 3)

                (iii) sole power to dispose or to direct the disposition of -
                      1,015,200 (See Note 2)

                (iv)  shared power to dispose of or to direct the disposition
                      of - 433,750 (See Note 3)

Item 5       OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

               Not Applicable

Item 6       OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

               Not Applicable

<PAGE>
                                                               Page 4 of 4 Pages

Item  7      IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY  WHICH
             ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
             COMPANY:

               Not Applicable

Item 8       IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

               Not Applicable

Item 9       NOTICE OF DISSOLUTION OF GROUP:

               Not Applicable

Item 10      CERTIFICATION:

               Not Applicable

NOTES TO ITEM 4:   OWNERSHIP.

Note 1:   252,000 shares are registered in my name individually. 211,500 shares
          are registered in my name as trustee for a trust of which I am the
          beneficiary.

Note 2:   The shares for which I have sole power to vote and over which I have
          sole power to dispose consist of the shares listed under Note 1 plus
          396,000 shares in three charitable annuity lead trusts of which I am
          the trustee and 106,200 in two trusts for the benefit of my children,
          of which I am the trustee. I have a general power of attorney over
          2,700 shares owned by my wife and 46,800 shares owned by two of my
          daughters. I disclaim any economic interest in all of these shares.

Note 3:   The shares for which I have shared power to vote and shared power to
          dispose consist of 299,563 owned by H. Kempner, a trust association,
          of which I am one of five trustees and 134,187 shares owned by the
          Harris & Eliza Kempner Fund, a charitable institution, of which I am
          one of eight trustees.

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 and correct.

Date:       ____________________________________________

Signature:  ____________________________________________

Name/Title: ____________________________________________



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission