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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
NEW WORLD COFFEE - MANHATTAN BAGEL, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
648904100
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(Cusip Number)
June 27, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] 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
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).
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Page 1 of 5 Pages
<PAGE>
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Frank LaGalia and Lydia E. LaGalia
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) [X]
(b) [ ]
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3. SEC Use Only
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4. Citizenship or Place of Organization - United States of America
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5. Sole Voting Power - 23,800*
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Number of
Shares 6. Shared Voting Power - 583,100
Beneficially -----------------------------------------------------------------
Owned by
Each 7. Sole Dispositive Power - 23,800*
Reporting -----------------------------------------------------------------
Person With
8. Shared Dispositive Power - 583,100*
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9. Aggregate Amount Beneficially Owned by Each Reporting Person -
606,900
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) - [ ]
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11. Percent of Class Represented by Amount in Row (9) - 5.26%**
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12. Type of Reporting Person (See Instructions) IN
*23,800 shares are owned of record by Frank LaGalia. 582,600 shares are
owned of record jointly by Frank and Lydia E. LaGalia for which they have shared
voting and dispositive power. 500 shares are owned of record jointly by Frank
Lagalia and John LaGalia for which they have shared voting and dispositive
power.
**This amendment is filed solely to correct an error in the calculation of
the percent of class represented by the aggregate amount of shares beneficially
owned by Frank LaGalia and Lydia E. LaGalia.
Page 2 of 5
<PAGE>
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ITEM 1.
(a) Name of Issuer:
New World Coffee - Manhattan Bagel, Inc.
(b) Address of Issuer's Principal Executive Offices:
246 Industrial Way West, Eatontown, New Jersey 07724
ITEM 2.
(a) Name of Person Filing:
Frank LaGalia and Lydia E. LaGalia
(b) Address of Principal Business Office or, if none, Residence:
2050 Center Avenue, Suite 200, Fort Lee, New Jersey 07024
(c) Citizenship:
USA
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
648904100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13d-1(b) OR
240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
(a)[ ] Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b)[ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)[ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d)[ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)[ ] An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E);
(f)[ ] An employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F);
(g)[ ] A parent holding company or control person in accordance with
ss.240.13d-1(b)(1)(ii)(G);
Page 3 of 5
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(h)[ ] A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)[ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j)[ ] Group, in accordance withss.240.13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 606,900.
(b) Percent of class: 5.26%.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
23,800*
(ii) Shared power to vote or to direct the vote:
583,100.
(iii) Sole power to dispose or to direct the disposition of
23,800*.
(iv) Shared power to dispose or to direct the disposition of
583,100.
*23,800 shares are owned of record by Frank LaGalia. 582,600 shares are
owned of record jointly by Frank and Lydia E. LaGalia for which they have shared
voting and dispositive power. 500 shares are owned of record jointly by Frank
LaGalia and John LaGalia for which they have shared voting and dispositive
power.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [ ].
Instruction: Dissolution of a group requires a response to this item.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
If any other person is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
If a parent holding company has filed this schedule, pursuant to Rule
13d-l(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule
13d-1(d), attach an exhibit stating the identification of the relevant
subsidiary.
Page 4 of 5
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Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to ss.240.13d-l(c) or ss.240.13d-l(d), attach an exhibit stating the
identity of each member of the group.
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Notice of dissolution of a group may be furnished as an exhibit stating the date
of the dissolution and that all further filings with respect to transactions in
the security reported on will be filed, if required, by members of the group, in
their individual capacity. See Item 5.
Not Applicable.
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to
above were not acquired and are not held for the
purpose of or with the effect of changing or
influencing the control of the issuer of the
securities and were not acquired and are not held in
connection with or as a participant in any
transaction having that purpose 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.
July 10, 2000
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Date
/s/ FRANK LAGALIA
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Frank LaGalia
/s/ LYDIA E. LAGALIA
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Lydia E. LaGalia
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for
other parties for whom copies are to be sent.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS
(SEE 18 U.S.C. 1001) 1122285.1
