PROTECTION ONE INC
SC 13D/A, 1998-06-19
MISCELLANEOUS BUSINESS SERVICES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                               Amendment No. 3 to
                                  SCHEDULE 13D
                                 (Rule 13d-101)


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934 

                              Protection One, Inc.

                                (Name of Issuer)

                     Common Stock, par value $.01 per share
                         (Title of Class of Securities)

                                   74 3663 304
                                 (CUSIP Number)

                                 Rita A. Sharpe
                                   President                
                              Westar Capital, Inc.
                              818 S. Kansas Avenue
                              Topeka, Kansas 66612
                                 (785) 575-8020

                                    copy to:

                               Richard D. Terrill
                              818 S. Kansas Avenue
                              Topeka, Kansas 66612
                                 (785) 575-6322

           (Name, Address and Telephone Number of Person Authorized to 
                       Receive Notices and Communications)

                                June 19, 1998

             (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 13d-1(b)(3) or (4), check the following
box |_|. 
<page1>





                                Amendment No. 3 to
                                  SCHEDULE 13D

CUSIP NO.  74 3663 304
- ----------------------------------------------------

  1    NAME OF REPORTING PERSON
       S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Westar Capital, Inc.                48-1092416

  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP            (A) |_| 
                                                                   (B) |X| 

  3    SEC USE ONLY


  4    SOURCE OF FUNDS

       WC

  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
       REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                         |_| 

  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       Kansas

                    7    SOLE VOTING POWER

                           0
    NUMBER OF       
      SHARES        8    SHARED VOTING POWER
   BENEFICIALLY     
     OWNED BY            111,120,373
       EACH         
    REPORTING       9    SOLE DISPOSITIVE POWER
      PERSON   
       WITH              0

                   10    SHARED DISPOSITIVE POWER

                         111,120,373

  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 
                         
                         111,120,373

  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
       SHARES |_| 

  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                         84.67%

  14   TYPE OF REPORTING PERSON

               CO
<page2>

                               Amendment No. 3 to
                                  SCHEDULE 13D

CUSIP NO.  74 3663 304
- ----------------------------------------------------

  1    NAME OF REPORTING PERSON
       S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Western Resources, Inc.            48-0290150

  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP             (A) |_| 
                                                                    (B) |X| 
  3    SEC USE ONLY


  4    SOURCE OF FUNDS

       AF

  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 
       PURSUANT TO ITEMS 2(d) OR 2(e)                                   |_| 
  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       Kansas

                    7     SOLE VOTING POWER

                          0
    NUMBER OF  
      SHARES        8     SHARED VOTING POWER
   BENEFICIALLY
     OWNED BY             111,120,373
       EACH    
    REPORTING       9     SOLE DISPOSITIVE POWER
      PERSON   
       WITH               0

                   10     SHARED DISPOSITIVE POWER

                          111,120,373

                          
 11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 

                          111,120,373

  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 
       CERTAIN SHARES |_| 
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                        84.67%

  14   TYPE OF REPORTING PERSON

               CO

<page3>


      Pursuant to Rule 13d-2(a) of Regulation 13D-G of the General Rules and
Regulations under the Securities Exchange Act of 1934, as amended, Westar
Capital, Inc., a Kansas corporation (the "Reporting Person"), hereby amends
and supplements its Statement on Schedule 13D originally filed by the
Reporting Person on November 24, 1997, (the "Statement"), with respect to the
Voting Common Stock, par value $.01 per share (the "Shares") of Protection
One, Inc. (the "Issuer").  Unless otherwise indicated, each capitalized term
used but not defined herein shall have the meaning assigned to such term in
the Statement.


Item 1.           Security and Issuer

                  No material change.

Item 2.           Identity and Background

                  No material change.

Item 3.           Source and Amount of Funds or Other Consideration 

     The aggregate purchase price for the 4,597,500 Shares purchased by the
Reporting Person since the filing of Amendment No. 2 to the Statement was
$43,676,250.  Such Shares were acquired with general capital funds of the
Reporting Person.

Item 4.           Purpose of Transaction

     On June 19, 1998, the Reporting Person exercised the option reported in
Amendment No. 2 to acquire 4,597,500 Shares from the Issuer.  The purchase
price was $9.50 per share.

Item 5.           Interest in Securities of the Issuer

     (a) To the best knowledge and belief of the Reporting Person, there were
126,597,901 Shares issued and outstanding as of June 19, 1998.  As a result of
the purchase described in this Amendment No. 3, the Reporting Person
beneficially owns (within the meaning of Rule 13d-3) 111,120,373 Shares,
constituting approximately 84.67% of the above-noted total amount of issued
and outstanding Shares (assuming that 1,898,233 Shares into which Convertible
Notes held by the Reporting Person are convertible and 2,750,238 Shares
subject to the Report Person's option to purchase are outstanding).

Item 6.           Contracts, Arrangements, Understandings 
                  or Relationships with Respect to Securities 
                  of the Issuer 

                  None.

Item 7.           Material to Be Filed as Exhibits

                  None.


<page4>





                                   SIGNATURES

                  After due 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.


Dated: June 19, 1998


                                                 WESTAR CAPITAL, INC. 

                                                 By: /s/ Marilyn K. Dalton
                                                     Name: Marilyn K. Dalton
                                                     Title: Secretary





                                   Page 1 of 2

                                   SIGNATURES

                  After due 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.

          
Dated: June 19, 1998


                                              WESTERN RESOURCES, INC. 

                                                          
                                              By:  /s/ Richard D. Terrill
                                                   Name: Richard D. Terrill
                                                   Title: Corporate Secretary

     


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<page5>



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