1. Name and Address of Reporting Person: Jimmie T. G. Coulson
6302 South Corkery Road Spokane WA 99223
2. Issuer Name and Ticker or Trading Symbol: The Coeur d'Alenes Company
3. Social Security Number of Reporting Person: ###-##-####
4. Statement for Month/Year: April 1998
6. Relationship of Reporting Person to Issuer: Director, Officer - President/
CEO 10% owner
Non Derivative Securities Acquired, Disposed of, or beneficially Owned
1. Title of Security: Common Stock
2. Transaction Date: 4/10/1998
3. Transaction Code: P
4. Securities Acquired: Amount - 5000 (A) Acquired Price $0.32
5. Amount of Securities Beneficially Owned at End of Month: 1,679,795
6. Ownership Form: Direct
7. Nature of Indirect Beneficial Ownership: N/A
Derivative Securities Acquired, Disposed of, or beneficially Owned
1. Title of Derivative Security:
Put(Obligation to Buy) First Right of Refusal (Right to Buy)
2. Conversion or Exercise Price of Derivative Security: Greater of (a) market
price or (b) the lesser of $.32 per share or book value per share.
3. Transaction Date:
4. Transaction Code: Code C
5. Number of Derivative Securities Acquired: (D) 24,010
6. Date Exercisable and Expiration Date: Date: 1996 Expiration: 2003
7. Title and Amount of Underlying Securities: Title: Common Stock
Amt or Number of shares: 398,421
8. Price of Derivative Security: Former spouse has the right to require Mr.
Coulson to purchase these shares on an incremental basis during the years 1996
through 2003 and Mr. Coulson also has a first right of refusal to acquire these
shares in the event of a third party-s offer to purchase these shares, all on
the terms and conditions specified in the property settlement agreement,
excerpts of which were filed with Form 3 in March, 1993. The exercise price is
the greater of (a) market price, or (b) the lesser of $0.32 per share or book
value per share.
9. Number of Derivative Securities Beneficially owned at end of month: 398,421
10. Ownership Form of Derivative Security: D
Line 2
1. Title of Derivative Security:
Put(Obligation to Buy) First Right of Refusal (Right to Buy)
2. Conversion or Exercise Price of Derivative Security: $0.20
3. Transaction Date:
4. Transaction Code:
5. Number of Derivative Securities Acquired:
6. Date Exercisable and Expiration Date:
Date: 11/1/1994 Expiration: 10/31/1998
7. Title and Amount of Underlying Securities: Title: Common Stock
8. Price of Derivative Security: $5000 Represents 1/3 partnership interest of
Mr. Coulson in CINV's holdings of Convertible Debentures.
9. Number of Derivative Securities Beneficially Owned at End of Month: 25,000
Represents 1/3 partnership interest of Mr. Coulson in CINV's holdings of
Convertible Debentures.
10. Ownership Form of Derivative Security: I
11. Nature of Indirect Beneficial Ownership: By CINV a partnership