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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)*
Ringer Corporation
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
766907 10 9
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(CUSIP Number)
*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).
(Continued on following page(s))
Page 1 of 6 pages
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CUSIP NO. 766907109 13G
- -----------------------
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Parsnip River Company, a Limited Partnership
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
Not applicable.
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Minnesota
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SOLE VOTING POWER
5
NUMBER OF 1,005,388
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,005,388
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,005,388
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not applicable.
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9.21% (based on 10,921,930 shares of Common Stock outstanding as of
December 12, 1996).
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 6 Pages
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Item 1(a) Name of Issuer:
Ringer Corporation (the "Issuer")
Item 1(b) Address of Issuer's Principal Executive Offices:
9555 James Avenue South Suite 200
Bloomington, MN 55431
Item 2(a) Name of Person Filing:
This statement is being filed on behalf of Parsnip River
Company, a Limited Partnership, a Minnesota limited
partnership ("Parsnip"). David M. Winton, Sarah R. Winton and
Timothy A. Stepanek are the managing general partners of Parsnip.
Item 2(b) Address of Principal Business Office or, if none, Residence:
The address of the principal business office of Parsnip and each
of David M. Winton, Sarah R. Winton and Timothy A.
Stepanek is 4422 IDS Center, 80 South 8th Street, Minneapolis,
Minnesota 55402
Item 2(c) Citizenship:
Parsnip is organized in Minnesota. Each of David M. Winton,
Sarah R. Winton and Timothy A. Stepanek is a citizen of the
United States of America.
Item 2(d) Title of Class of Securities:
Common Stock, $.01 par value (the "Common Stock")
Item 2(e) CUSIP Number:
766907109
Item 3 If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person is a:
Not applicable.
Page 3 of 6 pages
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Item 4 Ownership:
---------
All of the following information is given as of December 31,
1996:
(a) Amount Beneficially Owned: 1,005,388 shares
(b) Percent of Class: 9.21%
(c) Number of shares as to which each person has:
(i) sole power to vote or to direct the vote: 1,005,388
shares
(ii) shared power to vote or to direct the vote:
None
(iii) sole power to dispose or to direct the disposition
of:
1,005,388 shares
(iv) shared power to dispose or to direct the disposition
of:
None
David M. Winton, Sarah R. Winton and Timothy A. Stepanek, as the
managing general partners of Parsnip, share the power to vote, or
to direct the vote of, and to dispose or to direct the
disposition of, the shares of Common Stock held by Parsnip.
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:
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The limited partners of Parsnip ultimately have the right to
receive the dividends from, or the proceeds from the sale of
shares of Common Stock held by Parsnip, however, none of such
limited partners has any voting or investment control over the
investments held by Parsnip. To the best knowledge of the
undersigned, none of such limited partners has an interest in
more than five percent of the Issuer's outstanding Common
Page 4 of 6 Pages
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Stock.
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.
Page 5 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: February 12, 1997
PARSNIP RIVER COMPANY,
A LIMITED PARTNERSHIP
By: /s/ Timothy A. Stepanek
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Timothy A. Stepanek
Managing General Partner
Page 6 of 6 Pages
