SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __________)*
COFFEE PEOPLE, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
192189108
(CUSIP Number)
*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. 192189108 13G Page 1 of 2 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BLACK & COMPANY, INC. 93 - 0479581
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
OREGON
5 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
6 SHARED VOTING POWER
395,899
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
395,899
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
395,899
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.3%
12 TYPE OF REPORTING PERSON*
BD
*SEE INSTRUCTIONS
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CUSIP NO. 192189108 13G Page 2 of 2 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
BLACK & COMPANY ASSET MANAGEMENT 93 - 1211389
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION: OREGON
5 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
6 SHARED VOTING POWER
395,899
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
395,899
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
395,899
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.3%
12 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTIONS
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Item 1.
(a) Name of Issuer: Coffee People, Inc.
(b) Address of Issuer's Principal Executive Offices:
3259 N.W. 29th Avenue
Portland, Oregon 97210
Item 2.
(a) Name of Person Filing: Black & Company, Inc.
(b) Address of Principal Business Office or, if none, Residence:
One S.W. Columbia St., Suite 1200
Portland, Oregon 97258
(c) Citizenship: State of Oregon
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 192189108
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or
13d-2(b), check whether the person filing is a:
(a)[X ] Broker or Dealer registered under Section 15 of the Act
(b)[ ] Bank as defined in section 3(a)(6) of the Act
(c)[ ] Insurance Company as defined in section 3(a)(19) of the Act
(d)[ ] Investment Company registered under section 8 of the
Investment Company Act
(e)[ ] Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f)[ ] Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see ss. 240.13d-1(b)(1)(ii)(F)
(g)[ ] Parent Holding Company, in accordance with
ss. 240.13d-1(b)(1)(ii)(G)
(h)[ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(H)
Item 4. Ownership
(a) Amount Beneficially Owned:
Black & Company, Inc. owns 344,899 shares directly, and 51,000 indirectly
through Black & Company Asset Management, a wholly-owned subsidiary of Black &
Company, Inc.
(b) Percent of Class:
12.3% in aggregate, consisting of 10.7% held directly, and 1.6% held
indirectly
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 395,899
(iii) sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of: 395,899
Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More Than Five Percent on Behalf of Another Person
275,450 shares are held in discretionary investment accounts, either by
Black & Company, Inc. (224,450 shares or 7.0% of class) or Black & Company Asset
Management (51,000 shares (1.6% of class). None of the beneficial owners of such
investment accounts holds in excess of 5% of the class of securities.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding Company
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
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.
DATE: January 23, 1997
BLACK & COMPANY, INC.
By: /s/ Teri Duffy
Teri Duffy, Executive Vice President
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