UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)
HOMEOWNERS GROUP, INC.
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(Name of Issuer)
Common Stock, $0.01 Par Value
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(Title of Class of Securities)
43739N107
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(CUSIP Number)
Howard L. Wolk, President
NAPAQ Corporation
4040 Mystic Valley Parkway
Boston, MA 02155
-with copies to-
Robert M. Rosen, Esq.
Lane Altman & Owens LLP
101 Federal Street
Boston, Massachusetts, 02110
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
August 18, 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 [ ].
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 13-d(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).
SCHEDULE 13D
CUSIP NO. 43739N107 PAGE 2 OF 7 PAGES
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person NAPAQ Corporation
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2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [X]
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3 SEC Use Only
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4 Source of Funds* WC
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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 Nevada
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Number of 7 Sole Voting Power 126,000
Shares
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Beneficially 8 Shared Voting Power -0-
Owned by
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Each 9 Sole Dispositive Power 126,000
Reporting
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Person With 10 Shared Dispositive Power -0-
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11 Aggregate Amount Beneficially Owned by Each Reporting Person 126,000
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[ ]
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13 Percent of Class Represented by Amount in Row (11) 2.27%
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14 Type of Reporting Person* PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
SCHEDULE 13D
CUSIP NO. 43739N107 PAGE 3 OF 7 PAGES
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Cross Country Motor Club, Inc.
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2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [X]
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3 SEC Use Only
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4 Source of Funds* WC
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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 Massachusetts
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Number of 7 Sole Voting Power 362,500
Shares
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Beneficially 8 Shared Voting Power -0-
Owned by
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Each 9 Sole Dispositive Power 362,500
Reporting
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Person With 10 Shared Dispositive Power -0-
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11 Aggregate Amount Beneficially Owned by Each Reporting Person 362,500
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[ ]
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13 Percent of Class Represented by Amount in Row (11) 6.522%
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14 Type of Reporting Person* CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
SCHEDULE 13D
CUSIP NO. 43739N107 PAGE 4 OF 7 PAGES
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person Jeffrey C. Wolk
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2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [X]
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3 SEC Use Only
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4 Source of Funds* PF
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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 United States
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Number of 7 Sole Voting Power 3,000
Shares
-----------------------------------------------------------
Beneficially 8 Shared Voting Power -0-
Owned by
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Each 9 Sole Dispositive Power 3,000
Reporting
-----------------------------------------------------------
Person With 10 Shared Dispositive Power -0-
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11 Aggregate Amount Beneficially Owned by Each Reporting Person 3,000
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[ ]
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13 Percent of Class Represented by Amount in Row (11) .054%
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14 Type of Reporting Person* IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
SCHEDULE 13D
CUSIP No. 43739N107 Page 5 of 7 Pages
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person HAC, INC.
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2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [X]
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3 SEC Use Only
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4 Source of Funds* WC
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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 Delaware
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Number of 7 Sole Voting Power 1,147,000
Shares
-----------------------------------------------------------
Beneficially 8 Shared Voting Power -0-
Owned by
-----------------------------------------------------------
Each 9 Sole Dispositive Power 1,147,000
Reporting
-----------------------------------------------------------
Person With 10 Shared Dispositive Power -0-
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11 Aggregate Amount Beneficially Owned by Each Reporting Person 1,147,000
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[ ]
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13 Percent of Class Represented by Amount in Row (11) 20.635%
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14 Type of Reporting Person* PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
CUSIP NO. 43739N107 PAGE 6 OF 7 PAGES
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THIS AMENDMENT NO. 9 RELATES TO THE SCHEDULE 13D ORIGINALLY FILED ON
BEHALF OF THE REPORTING PERSONS ON APRIL 4, 1996. THE TEXT OF ITEM 4 IS HEREBY
AMENDED BY ADDING THE FOLLOWING:
ITEM 4. PURPOSE OF THE TRANSACTION.
On August 18, 1997, HAC, Inc. ("HAC"), a Reporting Person, commenced
litigation against the Issuer in the Court of Chancery in the State of Delaware
seeking expedited declaratory and injunctive relief to compel the Issuer to
promptly hold an Annual Meeting of Stockholders (the "Litigation"). The Issuer
has not held an Annual Meeting since December, 1995. The terms of three of the
Issuer's five directors were scheduled to expire at the 1996 and 1997 Annual
Meeting. At the next Annual Meeting, HAC will seek to replace a majority or all
of the Board of Directors with the nominees of HAC.
In the Litigation, HAC requests, among other things, that the Court of
Chancery issue an order (a) requiring the Issuer to hold an Annual Meeting
promptly; (b) declaring that two classes of Directors who were to have stood for
election in 1996 and 1997 are to stand for election at such meeting; and (c)
declaring that a vote be held at the Annual Meeting on HAC's proposal to remove
all the incumbent Directors without cause pursuant to the Issuer's Certificate
of Incorporation.
On August 18, 1997, HAC formally demanded a copy of the Issuer's
Stockholders' List pursuant to Section 220 of the General Corporation Law of the
State of Delaware.
CUSIP NO. 43739N107 PAGE 7 OF 7 PAGES
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After reasonable inquiry and to the best of our knowledge and belief,
we each certify that the information set forth in this statement is true,
complete and correct. This statement may be executed in multiple counterparts,
each of which shall be deemed an original and all of which shall constitute one
(1) instrument.
The Cross Country Motor Club, Inc.
by: /s/ Howard L. Wolk
-----------------------------------------
Howard L. Wolk, Vice President
NAPAQ Corporation
by: /s/ Howard L. Wolk
-----------------------------------------
Howard L. Wolk, Vice President
/s/ Jeffrey C. Wolk
-----------------------------------------
Jeffrey C. Wolk
HAC, Inc.
by: /s/ Howard L. Wolk
-----------------------------------------
Howard L. Wolk, Vice President
Dated: August 19, 1997
