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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Information statement pursuant to Rule 13d-1 and 13d-2
(Amendment No. )(1)
Candlewood Hotel Company, Inc.
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(Name of issuer)
Common Stock*
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(Title of class of securities)
13741M108
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(CUSIP number)
(1) 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 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).
* We hold securities convertible into common stock.
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SCHEDULE 13G
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CUSIP NO. 13741M108 13G
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Pecks Management Partners, Ltd. 11-3015963
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
Not Applicable
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3 SEC USE ONLY
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4
CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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5 SOLE VOTING POWER 736,842 shares
NUMBER OF ------ -------------------------------------------------
SHARES
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER N/A
EACH ------ -------------------------------------------------
REPORTING
PERSON WITH 7 SOLE DISPOSITIVE POWER 736,842 shares
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8 SHARED DISPOSITIVE POWER N/A
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
736,842 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.5%
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12 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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PECKS MANAGEMENT PARTNERS LTD.
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Item 1a. Candlewood Hotel Company, Inc.
Item 1b Lakepoint Office Park
9432 East Central
Wichita, KS 67206-2555
Item 2a Pecks Management Partners Ltd.
Item 2b One Rockefeller Plaza, Suite 900
New York, NY 10020
Item 2c New York
Item 2d Common Stock*
* We held securities convertible into common stock
Item 2e Cusip: 13741M108
Item 3e Investment Adviser Registered under Section 203 of the
Investment Advisers Act of 1940
Item 4 a 736,842
b 7.5%
c (i) 736,842
(ii) None
(iii) 736,842
(iv) None
Item 5 Inapplicable
Item 6 Shares as to which this schedule is filed are owned by four
investment advisory clients of the person filing this
schedule, which clients receive dividends and the proceeds
from the sale of such shares. One such client is known to
have such interest with respect to more than 5% of the class
and such client is named below.
Delaware State Employees' Retirement Fund
Items 7-9 Inapplicable
Item 10 "By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and were not
acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a
participant in any transaction having such purpose or
effect."
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth is
true, complete and correct.
January 27, 1998
/s/ Arthur W. Berry
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Arthur W. Berry
Managing Director
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