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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Amendment No. 1)*
Under the Securities Exchange Act of 1934
CHASE INDUSTRIES INC.
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
(Title of Class of Securities)
161568100
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*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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<TABLE>
<CAPTION>
CUSIP NO. 161568 100
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------
1 Name of Reporting Person Martin V. Alonzo
I.R.S. Identification No. of above person (entities only)
- -----------------------------------------------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group (See Instructions) (a) [ ]
(b) [ ]
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3 SEC use only
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4 Citizenship or Place of Organization United States
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5 Sole Voting Power 1,470,326*
Number of Shares Beneficially ----------------------------------------------------------------------------------
6 Shared Voting Power 0
Owned by Each Reporting ----------------------------------------------------------------------------------
7 Sole Dispositive Power 1,470,326*
Person With ----------------------------------------------------------------------------------
8 Shared Dispositive Power 0
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9 Aggregate Amount Beneficially Owned by each Reporting Person (1) 1,470,326*
- -----------------------------------------------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
- -----------------------------------------------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9) 15.6 %
- -----------------------------------------------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions) IN
- -----------------------------------------------------------------------------------------------------------------------
</TABLE>
* This amount includes 370,762 shares subject to employee stock options that
are currently exercisable.
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This Amendment No. 1 to Schedule 13G corrects the number of shares beneficially
owned by the reporting person, which number was inaccurate in the original
Schedule 13G dated February 13, 1999, and does not reflect any acquisition of
securities of the issuer by the reporting person.
ITEM 1. SECURITY AND ISSUER.
(a) Name of Issuer: Chase Industries Inc.
(b) Address of the Issuer's principal executive offices
14212 County Road M-50
Montpelier, OH 43543
ITEM 2. IDENTITY AND BACKGROUND.
(a) Name of person filing: Martin V. Alonzo
(b) Address of Principal Business Office or, if none, Residence:
300 Park Avenue,
New York, New York 10022
(c) Citizenship: United States
(d) Title of Class of Securities: Common Stock, $0.01 par value
(e) CUSIP Number: 161568100
ITEM 3. Not Applicable
ITEM 4. OWNERSHIP
(a) Amount beneficially owned: 1,470,326 shares.*
(b) Percent of Class: 15.6 %
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 1,470,326
shares*
(ii) Shared power to vote or to direct the vote: 0 shares
(iii) Sole power to dispose or to direct the disposition of:
1,470,326 shares*
(iv) Shared power to vote or to direct the disposition of:
0 shares
* This amount includes 370,762 shares subject to employee
stock options that are currently exercisable.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable
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
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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
Exhibits.
Exhibit 24 Power of Attorney
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: February 25, 1999 MARTIN V. ALONZO
By: /s/ TODD SLATER
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Todd Slater,
Attorney-in-Fact
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INDEX TO EXHIBITS
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<TABLE>
<CAPTION>
Exhibit
Number Description
- ------- -----------
<S> <C>
24 Power of Attorney
</TABLE>
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Exhibit 24
POWER OF ATTORNEY
FOR EXECUTING FORMS 3, 4 AND 5 AND SCHEDULES 13D AND 13G
Know all by these presents, that the undersigned hereby constitutes and
appoints each of Martin V. Alonzo, Michael T. Segraves and Todd Slater, signing
singly, the undersigned's true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned (a) Forms 3, 4 and 5
(including amendments thereto) in accordance with Section 16(a) of the
Securities Exchange Act of 1934 (the "Exchange Act") and the rules
thereunder and (b) Schedules 13D and 13G (including amendments thereto)
in accordance with Sections 13(d) and 13(g) of the Exchange Act and the
rules thereunder;
(2) do and perform any and all acts for and on behalf of the undersigned
that may be necessary or desirable to complete and execute any such
Form 3, 4 or 5 or Schedule 13D or 13G (including amendments thereto)
and file that Form or Schedule with the Securities and Exchange
Commission and any stock exchange, self-regulatory association or any
other authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing that, in the opinion of the attorney-in-fact, may be of
benefit to, in the best interest of, or legally required of the
undersigned, it being understood that the documents executed by the
attorney-in-fact on behalf of the undersigned pursuant to this Power of
Attorney shall be in such form and shall contain such terms and
conditions as the attorney-in-fact may approve in the
attorney-in-fact's discretion.
The undersigned hereby grants to each attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that each attorney-in-fact, or the
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing attorneys-in-fact, and
their substitutes, in serving in such capacity at the request of the
undersigned, are not assuming any of the undersigned's responsibilities to
comply with Section 13 or Section 16 of the Exchange Act.
The undersigned agrees that each attorney-in-fact may rely entirely on
information furnished orally or in writing by the undersigned to the
attorney-in-fact.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 and Schedules 13D and
13G (including amendments thereto) with respect to the undersigned's holdings of
and transactions in securities, unless earlier revoked by the undersigned in a
signed writing delivered to the foregoing attorneys-in-fact. This Power of
Attorney does not revoke any other power of attorney that the undersigned has
previously granted.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed effective as February 11, 1999.
/s/ Martin V. Alonzo
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Signature
Martin V. Alonzo
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Type or Print Name
February 11, 1999
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Date
