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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Gold River Hotel & Casino Corporation
________________________________________________________________________________
(Name of Issuer)
Series B Common Stock, $.01 par value
________________________________________________________________________________
(Title of Class of Securities)
380701102
_______________________________________________________________
(CUSIP Number)
Steven M. Adams, Esq.
Cargill Financial Services Corporation
6000 Clearwater Drive, Minnetonka, MN 55343
(612) 984-3404
________________________________________________________________________________
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
10/23/96
_______________________________________________________________
(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 [X]. (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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SCHEDULE 13D
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CUSIP NO. 380701102 PAGE 1 OF 3 PAGES
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- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cargill Financial Services Corporation
6000 Clearwater Drive, Minnetonka, MN 55343
IRS Identification No. 41-1492786
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
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SOURCE OF FUNDS*
4
00 (See Item 3 on attached Schedule 13D Statement)
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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
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY None
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
None
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
0
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
CO
- ------------------------------------------------------------------------------
*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.
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SCHEDULE 13D STATEMENT
ITEM 1. SECURITY AND ISSUER.
- ----------------------------
This Statement relates to the Series B Common Stock, $.01 par value (the
"GRHCC Stock"), of Gold River Hotel & Casino Corporation, a Delaware corporation
("GRHCC"), the principal executive offices of which are located at 2800 West
Sahara, Suite 4A, Las Vegas, Nevada 89102.
ITEM 2. IDENTITY AND BACKGROUND.
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(a) The person filing this Statement is Cargill Financial Services
Corporation, a Delaware corporation ("CFSC"), the address of which is
6000 Clearwater Drive, Minnetonka, Minnesota 55343. The principal
business of CFSC is financial trading and investment activities.
(b) Not applicable.
(c) Not applicable.
(d) CFSC has not, during the last five years, been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors).
(e) CFSC has not, during the last five years, been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction which resulted in a judgment, decree or final order
against it enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any
violation with respect to such laws.
(f) Not applicable.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
- ----------------------------------------------------------
The transaction giving rise to the filing of this Amendment No. 2 to
Schedule 13D was an open market sale transaction.
ITEM 4. PURPOSE OF TRANSACTION.
- -------------------------------
CFSC does not have any present plans or proposals which relate to or would
result in any of the events enumerated under Item 4 of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
- ---------------------------------------------
CFSC does not hold any shares of the GRHCC Stock.
The transaction effected by CFSC in the GRHCC Stock during the past 60 days
is an open market sale of 226,150 shares at $.001 per share on October 23, 1996.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
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None
Page 2 of 3 Pages
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ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
- -----------------------------------------
None
SIGNATURES
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 complete.
Dated: October 31, 1996 CARGILL FINANCIAL SERVICES CORPORATION
/s/ Patrick Halloran
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by: Patrick Halloran
its: Vice President
LMB (10/31/96) (72708)
Page 3 of 3 Pages