UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
MEDPLUS INC.
(Name of Issuer)
Common Stock (no par value)
(Title of Class of Securities)
58504P103
(CUSIP Number)
James W. Harpel, 237 Park Ave., New York, NY 10017 212-808-3701
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
September 25, 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 13d-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 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).
<PAGE> Page 1 of 11
13D
CUSIP No. 58504P103
___________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Harpel Wheelock Partners, 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
___________________________________________________________________________
(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 (7) SOLE VOTING POWER
n/a
SHARES ____________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
6,650
OWNED BY _____________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
n/a
REPORTING _____________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
6,650
___________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
6,650
___________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
___________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
.11%
___________________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
___________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> Page 2 of 11
13D
CUSIP No. 58504P103
___________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Harpel Select Growth, 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
___________________________________________________________________________
(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 (7) SOLE VOTING POWER
n/a
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
30,350
OWNED BY ______________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
n/a
REPORTING _____________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
30,350
___________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
30,350
___________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
___________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
.51%
___________________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
___________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> Page 3 of 11
13D
CUSIP No. 58504P103
___________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Harpel Advisory Company, Inc.
__________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [ ]
___________________________________________________________________________
(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
New York
___________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
n/a
SHARES _____________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
41,950
OWNED BY _____________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
n/a
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
41,950
___________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
41,950
___________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
___________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
.71%
___________________________________________________________________________
(14) TYPE OF REPORTING PERSON*
CO
___________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> Page 4 of 11
13D
CUSIP No. 58504P103
___________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Harpel Partners, 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
___________________________________________________________________________
(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 (7) SOLE VOTING POWER
n/a
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
161,850
OWNED BY ______________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
n/a
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
161,850
___________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
161,850
___________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
___________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
2.73%
___________________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
___________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> Page 5 of 11
13D
CUSIP No. 58504P103
___________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Harpel Family, L.P.
___________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [ ]
___________________________________________________________________________
(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
Delaware
___________________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
n/a
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
33,862
OWNED BY ______________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
n/a
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
33,862
___________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
33,862
___________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
___________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
.57%
___________________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
___________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> Page 6 of 11
13D
CUSIP No. 58504P103
___________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
James W. Harpel
___________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [ ]
___________________________________________________________________________
(3) SEC USE ONLY
___________________________________________________________________________
(4) SOURCE OF FUNDS*
AF/PF
___________________________________________________________________________
(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 (7) SOLE VOTING POWER
n/a
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
259,312
OWNED BY ______________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
n/a
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
259,312
___________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
259,312
___________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
___________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
4.38%
___________________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
___________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> Page 7 of 11
13D/A
This Amendment No. 3 amends the statement on Schedule 13D which was filed
on August 17, 1995 (the "Schedule 13D) by the undersigned and amended most
recently by Amendment No. 2 which was filed on April 22, 1998 ("Amendment
No. 3") with respect to the Common Stock, no par value per share (the
"Common Stock"), issued by MedPlus Inc., an Ohio corporation (the
"Company"). Capitalized terms used herein and not otherwise defined in
this Amendment have the meanings set forth in the Schedule 13D.
Except as specifically provided herein, this Amendment does not modify
any of the information previously reported on Schedule 13D.
* * *
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a)-(b) As of the close of business on September 25, 1997:
(i) HFLP has Beneficial Ownership of 33,862 shares of Common Stock,
by virtue of its status as the general partner of HPLP, HWLP and HSG. HFLP
shares voting and dispositive power over the Common Stock with HPLP, HWLP
and Mr. Harpel, who is the general partner of HFLP.
(ii) Harpel Advisory, by virtue of its position as investment
adviser to Harpel International and other managed accounts, has Beneficial
Ownership of 41,950 shares of Common Stock. Harpel Advisory and Harpel
International share voting and dispositive power with Mr. Harpel, who is
the majority shareholder in Harpel Advisory.
(iii) Mr. Harpel has Beneficial Ownership for the purposes of
Section 13(d) of the Securities and Exchange Act of 1934 ("Beneficial
Ownership") of 259,312 shares of Common Stock by virtue of having direct or
indirect dispositive power and voting power with respect to the Common
Stock held by HPLP, HWLP, HSG, Harpel International, other managed
accounts, personally and through accounts of HACEPA and members and ex-
members of Mr. Harpel's immediate family. Except with respect to Common
Stock owned personally and accounts for which he serves as trustee, Mr.
Harpel shares voting and dispositive power over the Common Stock with the
other Reporting Persons, Harpel International, managed accounts and family
and ex-family members, as the case may be.
(iv) In the aggregate, the Reporting Persons beneficially own a
total of 259,312 shares of Common Stock, thus constituting approximately
4.379% of shares outstanding.
To the best knowledge of the Reporting Persons and based upon
information supplied by the company's September 30, 1997, Form 10Q, the
Common Stock Beneficially Owned on this date by Mr. Harpel, HFLP, HPLP,
HWLP, HSG and Harpel Advisory constitutes 4.37%, .57%, 2.73%, .11%, .51%,
and .71% of the outstanding shares of the company, respectively. The
percentages used herein are calculated based upon the 5,920,726 shares of
Common Stock stated to be issued and outstanding as of September 30, 1997.
<PAGE> Page 8 of 11
(c) During the sixty day period up to and including September 25,
1997, the reporting persons bought or sold shares of the Common Stock of
the company in the over the counter market through NASDAQ brokers in the
following quantities and for the following prices:
Date Reporting Entity Shares Price
09/25/97 HPLP -5,000 8.75
(e) As of September 25, 1997, the Reporting Persons ceased to be
the beneficial owners of more than five percent of the Company's Common
Stock.
<PAGE>
Page 9 of 11
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 corrected.
Dated: April 23, 1998
HARPEL PARTNERS, L.P.
By: Harpel Family, L.P.
\s\James W. Harpel
--------------------
By: James W. Harpel
Title: General Partner, Harpel
Family, L.P., its General Partner
HARPEL WHEELOCK PARTNERS, L.P.
By: Harpel Family, L.P.
\s\James W. Harpel
--------------------
By: James W. Harpel
Title: General Partner, Harpel
Family, L.P., its General Partner
HARPEL SELECT GROWTH, L.P.
By: Harpel Family, L.P.
\s\James W. Harpel
--------------------
By: James W. Harpel
Title: General Partner, Harpel
Family, L.P., its General Partner
HARPEL ADVISORY COMPANY, INC.
\s\James W. Harpel
--------------------
By: James W. Harpel
Title: President
HARPEL FAMILY, L.P.
<PAGE> Page 10 of 11
\s\James W. Harpel
--------------------
By James W. Harpel
Title: General Partner
\s\James W. Harpel
--------------------
James W. Harpel
<PAGE>
Page 11 of 11
