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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 25049
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.1)*
SEQUA CORPORATION
(Name of Issuer)
Class A Common Stock, no par value
(Title of Class of Securities)
81732 010
(CUSIP Number)
Mr. Norman E. Alexander
c/o Sequa Corporation
200 Park Avenue, New York, NY 10166
(Name, Address and Telephone Number of Person Authorized to Received Notices
and Communications)
_______________________________________
(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).
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SCHEDULE 13D
CUSIP No. 81732 010
1) NAME OF REPORTING PERSON
S.S.# OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norman E. Alexander
S.S. ####-##-####
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
---
(b) ---
3) SEC USE ONLY
4) SOURCE OF FUNDS*
5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
7) SOLE VOTING POWER
2,048,722
NUMBER OF
SHARES 8) SHARED VOTING POWER
BENEFICIALLY None
OWNED BY
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 2,048,722
PERSON WITH
10) SHARED DISPOSITIVE POWER
None
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,048,722
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
31.48%
14) TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13D
CUSIP No. 81732 010
1) NAME OF REPORTING PERSON
S.S.# OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Forfed Corporation
I.R.S. Id. No. 13-0714303
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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7) SOLE VOTING POWER
1,559,543
NUMBER OF
SHARES 8) SHARED VOTING POWER
BENEFICIALLY None
OWNED BY
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 1,559,543
PERSON WITH
10) SHARED DISPOSITIVE POWER
None
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,559,543
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.96%
14) TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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The Schedule 13D Statement of Norman E. Alexander and
certain corporations directly or indirectly wholly-owned by Mr. Alexander with
respect to Sequa Corporation which was previously filed with the Securities
and Exchange Commission is hereby amended to the extent provided hereinafter
by the addition of the following information at the end of each of the items
indicated.
Item 3. Source and Amount of Funds or Other Consideration
The 169,900 Shares to which this statement relates were
purchased by Forfed on November 3, 1994 at an aggregate cost of $4,162,550
(plus a commission of approximately $8,495). Forfed purchased the 169,900
Shares with working capital.
Item 4. Purpose of Transaction
The purchase of the Shares was to reinforce Mr. Alexander's
controlling interest in the Company.
Item 5. Interest in Securities of Issuer
As a result of the purchase on November 3, 1994, Mr.
Alexander individually and through the Corporations beneficially owns an
aggregate of 2,048,722 Shares comprising approximately 31.48% of the
outstanding Shares. Forfed now owns 1,559,543 Shares or approximately 23.96%
of the Shares outstanding.
All of the 169,900 Shares to which this statement relates
were purchased on November 3, 1994 by Forfed on the New York Stock Exchange at
a price of $24.50 per Share (plus a commission of approximately $.05 per
Share). See also Item 3.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
FIFTY BROAD STREET, INC.
FORFED CORPORATION
42 NEW STREET, INC.
YOUANDI CORPORATION
GALLEON SYNDICATE CORPORATION
/s/ Norman E. Alexander
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Norman E. Alexander
Individually and on behalf of
the above-named Corporations as
President or Chairman
November 11, 1994
