GENEVE HOLDINGS INC
SC 13D/A, 1999-01-15
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                                         Page 1 of 5 Pages

                         UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549

                          SCHEDULE 13D

           Under the Securities Exchange Act of 1934

                        (AMENDMENT NO. 2)
                     ZIMMERMAN SIGN COMPANY
                        (Name of Issuer)

            Common Stock, par value $0.01 per share
                    (Title of Class of Securities)

                          989580 10 5
                         (Cusip Number)

                        David T. Kettig
                     96 Cummings Point Road
              Stamford, CT 06902  (203)  358-8000
         (Name, Address and Telephone Number of Person
       Authorized to Receive Notices and Communications)

                         January 8, 1999
    (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 [  ].

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 or the Act but  shall
be  subject to all other provisions of the Act (however, see the
Notes).

Cusip No. 989580 10 5
                                     Page 2 of 5 Pages

1.   NAME OF REPORTING PERSONS
     S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

     GENEVE HOLDINGS, INC.

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                             (a) [X ]
                                             (b) [  ]

3.   SEC USE ONLY

4.   SOURCE OF FUNDS*
     NOT APPLICABLE

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              7. SOLE VOTING POWER
OF SHARES                    0       SHARES
BENEFICIALLY           --------------
OWNED BY EACH       8. SHARED VOTING POWER
REPORTING                 33,436     SHARES
PERSON WITH            --------------
                    9. SOLE DISPOSITIVE POWER
                             0       SHARES
                       --------------
                    10.SHARED DISPOSITIVE POWER
                          33,436     SHARES
                       --------------
11.  AGGREGATE  AMOUNT  BENEFICIALLY  OWNED  BY  EACH  REPORTING
     PERSON  33,436  shares (all of which are also  reported  as
     beneficially owned by Southern Investors Corp.).

12.  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
     CERTAIN SHARES*
                                             [ ]

13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     2.6%

14.  TYPE OF REPORTING PERSON*

     CO

*SEE INSTRUCTIONS
                                        Page 3 of 5 Pages

1.   NAME OF REPORTING PERSONS
     S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

     SOUTHERN INVESTORS CORP.

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                             (a) [X ]
                                             (b) [  ]

3.   SEC USE ONLY

4.   SOURCE OF FUNDS*
     NOT APPLICABLE

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              7. SOLE VOTING POWER
OF SHARES                    0       SHARES
BENEFICIALLY           --------------
OWNED BY EACH       8. SHARED VOTING POWER
REPORTING                 33,436     SHARES
PERSON WITH            --------------
                    9. SOLE DISPOSITIVE POWER
                             0       SHARES
                       --------------
                    10.SHARED DISPOSITIVE POWER
                          33,436     SHARES
                       --------------
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     33,436   shares  (all  of  which  are  also   reported   as
     beneficially owned by Geneve Holdings, Inc.).

12.  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
     CERTAIN SHARES*
                                             [ ]

13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     2.6%

14.  TYPE OF REPORTING PERSON*

     CO

*SEE INSTRUCTIONS
                                        Page 4 of 5 Pages


Item 1.   Security and Issuer.
          --------------------
      The undersigned hereby supplements and amends the Schedule
13D,  dated January 6, 1997, as amended (the "Statement"), filed
in  connection with the Common Stock, par value $.01  per  share
(the  "Common  Stock"),  of  Zimmerman  Sign  Company,  a  Texas
corporation (the "Company"), as follows (reference  is  made  to
the Statement for previously reported facts):

Item 4.   Purpose of Transaction.
          -----------------------
      The  third  paragraph of Item 4 is hereby amended  in  its
entirety to read as follows:

      "This Amendment reports the sale by the Item 2 Persons  on
January  8,  1999 of 785,143 shares of Common Stock pursuant  to
that certain Share Option Purchase Agreement previously filed as
part of this Statement."

Signature
- ---------
      After  reasonable inquiry and to the best of the knowledge
and  belief of each of the undersigned, the undersigned  certify
that  the  information  set forth in  this  Statement  is  true,
complete and correct.

                              GENEVE HOLDINGS, INC.


                              By:/s/David T. Kettig
                                 --------------------------   
                                 David T. Kettig, Secretary


                              SOUTHERN MORTGAGE HOLDING
                              CORPORATION

                              By:/s/David T. Kettig
                                 --------------------------
                                 David T. Kettig, Secretary



                                        Page 5 of 5 Pages


                              GENEVE SECURITIES HOLDING CORP.

                              By:/s/David T. Kettig
                                 --------------------------                     
                                 David T. Kettig, Secretary



                              GENEVE SECURITIES PORTFOLIO CORP.


                              By:/s/David T.Kettig
                                 --------------------------
                                 David T. Kettig, Secretary

                              SOUTHERN INVESTORS CORP.


                              By:/s/David T.Kettig
                                 --------------------------
                                 David T. Kettig, Secretary

                              CHAPARRAL INTERNATIONAL RE.


                              By:/s/David T. Kettig
                                 --------------------------
                                 David T. Kettig, Secretary









Dated: January 15, 1999



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