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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 2)
Under the Securities Exchange Act of 1934
Dyersburg Corporation
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(Name of Issuer)
Class A Common Stock, par value $.01 per share
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(Title of Class of Securities)
267575-10-8
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [_]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class 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).
*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).
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CUSIP NO. 267575-10-8
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1) Name of Reporting Person; S.S. or I.R.S. Identification No. of Above
Person.
VBM Investment Trust I
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2) Check the Appropriate Box if a Member of a Group
(a)
(b) x
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3) SEC Use Only
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4) Citizenship or place of Organization
United States
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Number of Shares 5) Sole Voting Power . . . . . . . . -0-
Beneficially Owned ---------------------------------------------------
by Each Reporting 6) Shared Voting Power. . . . . . . . -0-
Person With ---------------------------------------------------
7) Sole Dispositive Powers . . . . . . -0-
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8) Shared Dispositive Powers. . . . . . -0-
9) Aggregate Amount Beneficially Owned by
Each Reporting Person . . . . . . . . -0-
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10) Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares . . . . . . . Not applicable
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11) Percent of Class Represented by Amount in Row (11) . . . 0%
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12) Type of Reporting Person . . . . . . . 00
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Item 1(a). Name of Issuer:
Dyersburg Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
1315 East Phillips Street, P.O. Box 767
Dyersburg, TN 38024
Item 2(a). Name of Each Person Filing:
This Schedule 13G is filed by the VBM Investment Trust I.
Item 2(b). Address of Principal Busienss Office or, if none, Residence of
Each Person Filing:
330 South Street, P.O. Box 1975
Morristown, NJ 07962-1975
Item 2(c). Citizenship of Each Person Filing:
United States
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.01 per share
Item 2(e). CUSIP Number:
267575-10-8
Item 3. Statement filed pursuant to Rules 13d-1(b) or 13-2(b).
Not Applicable.
Item 4. Ownership:
On September 9, 1996, all of the assets of the filing person
were distributed to Van Beuren Management Trust. Van Beuren
Management Trust has reported its acquisition of the shares
subject to this Schedule 13-G in Amendment No. 2 to the
Schedule 13-D filed by Kurt T. Borowsky and David J. Roy.
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Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [x].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable.
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.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete, and
correct.
September 24, 1996 VBM INVESTMENT TRUST I
/s/ Kurt T. Borowsky*
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by: Kurt T. Borowsky, Trustee
*/s/ Kenneth M. Socha
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by: Kenneth M. Socha, Attorney-in-Fact
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Exhibit 1
POWER OF ATTORNEY
The undersigned hereby appoints Kenneth M. Socha as his true and lawful
agent to act in his name, place or stead to execute and file with the Securities
and Exchange Commission a Schedule 13G under the Securities Exchange Act of 1934
(including any and all amendments thereto) reporting his or her interest in
shares of common stock of Dyersburg Corporation together with the other
information required thereby and a Joint Filing Agreement in connection
therewith.
Said Attorney and each substitute, if any, appointed as above provided
shall have all the powers, including discretionary powers, which are granted to
said Attorneys by any of the provisions of this instrument and, acting alone and
without notice to anyone, may exercise any or all of said powers in the same
manner and with the same effect as if appointed by this instrument as my sole
Attorney-in-Fact.
THIS POWER OF ATTORNEY SHALL NOT BE AFFECTED BY SUBSEQUENT DISABILITY OR
INCOMPETENCE.
In witness whereof, the undersigned have hereunto set their hand and seal
this 24th day of September 1996.
VAN BEUREN MANAGEMENT TRUST
/s/ Kurt T. Borowsky
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by: Kurt T. Borowsky, Trustee
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