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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Internationale Nederlanden (U.S.) Statement Trading Symbol of Original
Capital Corporation (Month/Day/Year) (Month/Day/Year)
- ---------------------------------------- 09/11/96 MK Rail Corporation (MKRL)
(Last) (First) (Middle) ---------------------------- ----------------------------------
135 East 57th Street 5. Relationship of Reporting -----------------------
- ---------------------------------------- 3. IRS or Social Security Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
New York, New York 10022 Person (Voluntary) Director 10% Owner applicable line)
- -------------------------------------- ----- ----- X Form filed by
(City) (State) (Zip) ---------------------------- Officer X Other ----- One Reporting
----- (give ----- (specify Person
title below) below) Form filed by
----- More than One
---------------------------------- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 4)
(Instr. 5)
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Common Stock, $.01 par value Approximately 256,448 D*
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*If the form is filed by more than one Reporting Person, see Instruction 5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) (8/96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
------------------------------------------------- Security Direct
Date Expira- Amount or (D) or
Exercis- tion Title Number Indirect (I)
able Date of Shares (Instr. 5)
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Explanation of Responses:
/s/ Jeffrey D. Fergus
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- -------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Jeffrey D. Fergus
Note. File three copies of this form, one of which must be manually signed. Page 2
If space provided is insufficient, See Instruction 6 for procedure. (8/96)
(Print or Type Responses)
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*The Common Stock will be acquired by the Reporting Person pursuant to an order
of the United States Bankruptcy Court for the District of Delaware, dated August
26, 1996, confirming the First Amended Plan of Reorganization of Morrison
Knudsen Corporation ("MK") under Chapter 11 of the Bankruptcy Code (the "Plan")
in satisfaction of certain claims against MK. The Plan required the
participating creditors of MK, including the Reporting Person, to be bound by
the terms of a Stockholders Agreement dated as of June 20, 1996. The
Reporting Person may be deemed to be a party to the Stockholders Agreement with
certain other stockholders (the "Stockholders") pursuant to which the shares
of Common Stock owned by the Reporting Person and the Stockholders must be
voted for certain nominees for election to the board of directors and certain
transfer restrictions apply to the Reporting Person and the Stockholders.
Accordingly, the Reporting Person and the Stockholders may be deemed to
constitute a group for purposes of Section 13(d)(3) of the Exchange Act. The
Reporting Persons disclaim beneficial ownership of the shares of Common Stock
held by the Stockholders and disclaim that they constitute a group with the
other Stockholders for purposes of Section 13(d)(3) of the Exchange Act.
