<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Furr's/Bishop's Incorporated
(Name of Issuer)
Common Stock, Par Value, $0.01 Per Share
(Title of Class of Securities)
361115504
(CUSIP Number)
Stephen M. Davis, Esq.
Werbel & Carnelutti
A Professional Corporation
711 Fifth Avenue, New York, New York 10022, (212) 832-8300
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
February 6, 1997
(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 13-d-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 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 purposes 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).
Page 1 of 13 Pages<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 361115504 Page 2 of 13 Pages
- ------------------- ------------------
===============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The SC Fundamental Value Fund, L.P.
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC/OO
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
- -------------------------------------------------------------------------------
8 SHARED VOTING POWER
2,570,280
- -------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,570,280
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,570,280
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.3%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- --------------------
CUSIP No. 361115504 Page 3 of 13 Pages
- ------------------- --------------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SC Fundamental Value BVI, Inc.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC/OO
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,215,562
- -------------------------------------------------------------------------------
8 SHARED VOTING POWER
0
- -------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,215,562
- -------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,215,562
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- --------------------
CUSIP No. 361115504 Page 4 of 13 Pages
- ------------------- --------------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SC Fundamental Inc.
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not Applicable
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
- -------------------------------------------------------------------------------
8 SHARED VOTING POWER
2,570,280
- -------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,570,280
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,570,280
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.3%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- --------------------
CUSIP No. 361115504 Page 5 of 13 Pages
- ------------------- --------------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Gary N. Siegler
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not Applicable
- -----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- ------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- ------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,500
- ------------------------------------------------------------------------------
8 SHARED VOTING POWER
3,787,342
- ------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,500
- ------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,787,342
- ------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,787,342
- ------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.8%
- ------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- --------------------
CUSIP No. 361115504 Page 6 of 13 Pages
- ------------------- --------------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Peter M. Collery
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not Applicable
- ------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- ------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- ------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- ------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
- ------------------------------------------------------------------------------
8 SHARED VOTING POWER
3,785,842
- ------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- ------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,785,842
- ------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,785,842
- ------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.8%
- ------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
Page 7 of 13 Pages
AMENDMENT
NO. 1
TO THE
SCHEDULE 13D
The Reporting Persons consisting of SC Fundamental Inc.("SC"), The SC
Fundamental Value Fund, L.P. ("Fund"), SC Fundamental BVI, Inc. ("BVI Inc."),
Gary N. Siegler ("Siegler") and Peter M. Collery ("Collery"), hereby amend
their Schedule 13D relating to the Common Stock, par value $0.01, of
Furr's/Bishop's Incorporated ("Issuer").
Item 3. Source and Amount of Funds of Other Consideration
The aggregate prices of the Issuer's Common Stock (the "Shares")
purchased by the Reporting Persons identified in Item 5(c) of this Schedule
13D were as follows:
Name of Aggregate
Reporting Person Purchase Price
Fund $ 118,013.85
BVI Inc. on behalf of BVI Ltd. $ 19,526.88
The Reporting Persons listed above purchased the Shares reported herein
as beneficially owned by them with working capital of Fund and BVI Ltd. or
with funds extended by brokerage firms in connection with margin transactions
effected for Fund and BVI Ltd.
Item 5. Interest in Securities of the Issuer
(a) As of the close of business on February 13, 1997, the Reporting
Persons, by virtue of the language of Rule 13d-3, may be deemed to own
beneficially in the aggregate the numbers and percentages of the Issuer's
Common Stock set forth opposite their names below (based upon the number of
shares of the Issuer's Common Stock that were reported to be outstanding in
the Issuer's Form 10-K as of November 12, 1996).
<PAGE>
<PAGE> Page 8 of 13 Pages
<TABLE>
<CAPTION>
==============================================================================
Name Shares of Common Stock Percentage
- ------------------------------------------------------------------------------
<S> <C> <C>
SC Fundamental Inc. 2,570,280 5.3%
- ------------------------------------------------------------------------------
The SC Fundamental
Value Fund, L.P. 2,570,280 5.3%
- ------------------------------------------------------------------------------
SC Fundamental
Value BVI, Inc. 1,215,562 2.5%
- ------------------------------------------------------------------------------
Gary N. Siegler 3,787,342 7.8%
- ------------------------------------------------------------------------------
Peter M. Collery 3,785,842 7.8%
==============================================================================
</TABLE>
(c) The following table sets forth transactions effected by the
Fund, Siegler and by BVI Inc. on behalf of BVI Ltd. in the last 60 days.
Unless otherwise noted, each of the transactions reflects a sale by means of
trades on the New York Stock Exchange.
<TABLE>
<CAPTION>
==============================================================================
BVI, Inc.
Price Per on behalf
Trade Date Share($) Fund of BVI Ltd. Gary N. Siegler
- ------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------
12/09/96 1.125 3,500 1,800 0
- ------------------------------------------------------------------------------
12/11/96 1.000 9,200 4,800 0
- ------------------------------------------------------------------------------
12/17/96 1.125 700(1) 300(1) 0
- ------------------------------------------------------------------------------
12/17/96 1.000 26,400 13,600 0
- ------------------------------------------------------------------------------
12/18/96 1.125 1,000(1) 500(1) 0
- ------------------------------------------------------------------------------
<FN>
- ------
/TABLE
<PAGE>
<PAGE> Page 9 of 13 Pages
<TABLE>
<CAPTION>
==============================================================================
BVI, Inc.
Price Per on behalf
Trade Date Share($) Fund of BVI Ltd. Gary N. Siegler
- ------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------
12/18/96 1.000 4,900 2,600 0
- ------------------------------------------------------------------------------
12/20/96 1.125 2,300(1) 1,200(1) 0
- ------------------------------------------------------------------------------
12/20/96 1.000 6,400 3,300 0
- ------------------------------------------------------------------------------
12/23/96 1.125 650(1) 350(1) 0
- ------------------------------------------------------------------------------
12/23/96 1.000 12,500 6,500 0
- ------------------------------------------------------------------------------
12/24/96 1.125 500(1) 0 0
- ------------------------------------------------------------------------------
12/26/96 1.125 1,600(1) 900(1) 0
- ------------------------------------------------------------------------------
12/26/96 1.000 15,800 8,200 0
- ------------------------------------------------------------------------------
12/27/96 1.125 1,300(1) 700(1) 0
- ------------------------------------------------------------------------------
12/30/96 1.125 1,600(1) 900(1) 0
- ------------------------------------------------------------------------------
12/30/96 1.000 4,600 2,400 0
- ------------------------------------------------------------------------------
12/31/96 1.000 35,000 18,000 0
- ------------------------------------------------------------------------------
01/02/97 1.125 69,160(1) 69,160 0
- ------------------------------------------------------------------------------
01/03/97 1.063 300(1) 200(1) 0
- ------------------------------------------------------------------------------
01/03/97 1.125 600(1) 400(1) 0
- ------------------------------------------------------------------------------
01/03/97 1.125 2,600 1,400 0
- ------------------------------------------------------------------------------
01/06/97 1.125 530(1) 270(1) 0
- ------------------------------------------------------------------------------
01/06/97 1.125 5,300 2,500 0
- ------------------------------------------------------------------------------
<FN>
- --------
</TABLE>
<PAGE>
<PAGE> Page 10 of 13 Pages
<TABLE>
<CAPTION>
=============================================================================
BVI, Inc.
Price Per on behalf
Trade Date Share($) Fund of BVI Ltd. Gary N. Siegler
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------
01/07/97 1.125 330(1) 170(1) 0
- ------------------------------------------------------------------------------
01/07/97 1.125 2,300 1,200 0
- ------------------------------------------------------------------------------
01/08/97 1.125 400(1) 200(1) 0
- ------------------------------------------------------------------------------
01/08/97 1.125 2,500 1,300 0
- ------------------------------------------------------------------------------
01/14/97 1.125 680(1) 320(1) 0
- ------------------------------------------------------------------------------
01/14/97 1.125 5,835 2,765 0
- ------------------------------------------------------------------------------
01/15/97 1.125 660(1) 340(1) 0
- -----------------------------------------------------------------------------
01/15/97 1.125 10,180 4,820 0
- ------------------------------------------------------------------------------
01/16/97 1.125 1,390(1) 710(1) 0
- -----------------------------------------------------------------------------
01/16/97 1.125 6,790 3,210 0
- ------------------------------------------------------------------------------
01/20/97 1.125 340(1) 160(1) 0
- ------------------------------------------------------------------------------
01/21/97 1.125 270(1) 130(1) 0
- ------------------------------------------------------------------------------
01/21/97 1.125 6,790 3,210 0
- ----------------------------------------------------------------------------
01/23/97 1.125 340(1) 160(1) 0
- ------------------------------------------------------------------------------
01/23/97 1.125 2,720 1,280 0
- ------------------------------------------------------------------------------
01/24/97 1.125 1,360(1) 640(1) 0
- ------------------------------------------------------------------------------
01/24/97 1.125 16,330 8,670 0
- -----------------------------------------------------------------------------
01/27/97 1.125 1,360(1) 640(1) 0
- ------------------------------------------------------------------------------
01/27/97 1.125 8,140 3,860 0
- ------------------------------------------------------------------------------
<FN>
- ----------
/TABLE
<PAGE>
<PAGE> Page 11 of 13 Pages
<TABLE>
<CAPTION>
==============================================================================
BVI, Inc.
Price Per on behalf
Trade Date Share($) Fund of BVI Ltd. Gary N. Siegler
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------
01/28/97 1.125 680(1) 320(1) 0
- ------------------------------------------------------------------------------
01/29/97 1.125 330(1) 170(1) 0
- ------------------------------------------------------------------------------
01/30/97 1.125 680(1) 320(1) 0
- -----------------------------------------------------------------------------
02/03/97 1.125 340(1) 160(1) 0
- ------------------------------------------------------------------------------
01/29/97 1.125 330(1) 170(1) 0
- ------------------------------------------------------------------------------
01/30/97 1.125 680(1) 320(1) 0
- ------------------------------------------------------------------------------
02/03/97 1.125 340(1) 160(1) 0
- ------------------------------------------------------------------------------
02/03/97 1.125 2,375 1,125 0
- ------------------------------------------------------------------------------
02/04/97 1.125 340(1) 160(1) 0
- ------------------------------------------------------------------------------
02/04/97 1.299 3,040(1) 1,560(1) 0
- ------------------------------------------------------------------------------
02/04/97 1.000 6,790 3,210 0
- ------------------------------------------------------------------------------
02/04/97 1.159 47,930 23,070 0
- ------------------------------------------------------------------------------
02/05/97 1.750 815(1) 385(1) 0
- ------------------------------------------------------------------------------
02/05/97 1.628 28,515 13,485 0
- ------------------------------------------------------------------------------
<FN>
- -----------
</TABLE>
<PAGE>
<PAGE> Page 12 of 13 Pages
<TABLE>
<CAPTION>
==============================================================================
BVI, Inc.
Price Per on behalf
Trade Date Share($) Fund of BVI Ltd. Gary N. Siegler
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------
02/06/97 1.531 815(1) 385(1) 0
- ------------------------------------------------------------------------------
02/06/97 1.500 10,185 4,815 0
- ------------------------------------------------------------------------------
02/07/97 1.500 680(1) 320(1) 0
- ------------------------------------------------------------------------------
02/07/97 1.375 12,900 6,100 0
- ------------------------------------------------------------------------------
02/10/97 1.538 1,360(1) 640(1) 0
- -----------------------------------------------------------------------------
02/10/97 1.387 34,625 16,375 0
- ------------------------------------------------------------------------------
02/11/97 1.480 2,105(1) 995(1) 0
- ------------------------------------------------------------------------------
02/11/97 1.387 20,370 9,630 0
- ------------------------------------------------------------------------------
02/12/97 1.500 680(1) 320(1) 0
- ------------------------------------------------------------------------------
02/12/97 1.388 40,735 19,265 0
- ------------------------------------------------------------------------------
02/13/97 1.500 815(1) 385(1) 0
- ------------------------------------------------------------------------------
02/13/97 1.375 30,550 14,450 0
- ------------------------------------------------------------------------------
<FN>
- ---------
</TABLE>
(1) Reflects a purchase
<PAGE>
<PAGE> Page 13 of 13 Pages
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Dated: February 14, 1997
SC FUNDAMENTAL INC.
By:
- ---------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery, Vice President(2)
THE SC FUNDAMENTAL VALUE FUND, L.P.
By: SC FUNDAMENTAL INC.
By:
- ----------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery, Vice President(2)
SC FUNDAMENTAL VALUE BVI, INC.
By:
- ----------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery, Vice President(2)
- ---------------------------------
Neil H. Koffler as Attorney-in-Fact
for Gary N. Siegler(2)
- ---------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery, Vice President(2)
(2)Executed by Neil H. Koffler as Attorney-In-Fact for Peter M. Collery and
Gary N. Siegler. The Powers of Attorney for Messrs. Collery and Siegler were
filed as Exhibit A to Amendment No. 5 to Schedule 13D relating to US
Facilities Corporation on August 4, 1995 and is hereby incorporated herein by
reference.
90666<PAGE>
<PAGE> Page 13 of 13 Pages
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Dated: February 14, 1997
SC FUNDAMENTAL INC.
By: /s/ Peter M. Collery
- ---------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery, Vice President(2)
THE SC FUNDAMENTAL VALUE FUND, L.P.
By: SC FUNDAMENTAL INC.
By: /s/ Peter M. Collery
- ----------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery, Vice President(2)
SC FUNDAMENTAL VALUE BVI, INC.
By: /s/ Peter M. Collery
- ----------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery, Vice President(2)
/s/ Gary N. Siegler
- ---------------------------------
Neil H. Koffler as Attorney-in-Fact
for Gary N. Siegler(2)
/s/ Peter M. Collery
- ---------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery, Vice President(2)
(2)Executed by Neil H. Koffler as Attorney-In-Fact for Peter M. Collery and
Gary N. Siegler. The Powers of Attorney for Messrs. Collery and Siegler were
filed as Exhibit A to Amendment No. 5 to Schedule 13D relating to US
Facilities Corporation on August 4, 1995 and is hereby incorporated herein by
reference.
90666
