TALLEY INDUSTRIES INC
SC 13D/A, 1995-09-27
GUIDED MISSILES & SPACE VEHICLES & PARTS
Previous: SYSCO CORP, 10-K, 1995-09-27
Next: UNION CORP, 10-K405, 1995-09-27







               SECURITIES AND EXCHANGE COMMISSION
                                
                     WASHINGTON, D.C.  20549
                                
                          SCHEDULE 13D
                                
                        (Amendment No. 6)
                                
            Under the Securities Exchange Act of 1934
                                
                  THE SEIBELS BRUCE GROUP, INC.
                        (Name of Issuer)
                                
              COMMON STOCK, $1 PER SHARE PAR VALUE
                 (Title of Class of Securities)
                                
                           816006-10-0
                         (CUSIP Number)
                                
                     David J. Levenson, Esq.
            Venable, Baetjer, Howard & Civiletti, LLP
             1201 New York Avenue, N.W., Suite 1000
                      Washington, DC 20005
                         (202) 962-4831
               (Name, Address and Telephone Number
             of Person Authorized to Receive Notices
                       and Communications)
                                
                       September 25, 1995
              (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
/ /.



                        Page 1 of 7 Pages

CUSIP No. 816006-10-0                             Page 2 of 7

1.   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
     Saad. A. Alissa

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:        (a) /X/
                                                         (b) / /

3    SEC USE ONLY


4.   SOURCE OF FUNDS:
     PF

5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO    ITEMS 2(d) or 2(e):                         / /
     N/A

6.   CITIZENSHIP OR PLACE OF ORGANIZATION:
     Kingdom of Saudi Arabia

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

7.   SOLE VOTING POWER
     6,200

8.   SHARED VOTING POWER
     8,350,000

9.   SOLE DISPOSITIVE POWER
     6,200

10.  SHARED DISPOSITIVE POWER
     8,350,200

11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING  PERSON:
     8,356,200

12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES:                                  / /

13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
     49.99%

14.  TYPE OF REPORTING PERSON:
     IN

CUSIP No. 816006-10-0                                  Page 3 of 7

1.   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
     Abdullatif Ali Alissa Est.

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 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO    ITEMS 2(d) or 2(e):                         / /
     N/A

6.   CITIZENSHIP OR PLACE OF ORGANIZATION:
     Kingdom of Saudi Arabia

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

7.   SOLE VOTING POWER


8.   SHARED VOTING POWER
     4,175,000

9.   SOLE DISPOSITIVE POWER


10.  SHARED DISPOSITIVE POWER
     4,175,000

11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING  PERSON:
     4,175,000

12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES:                                           / /

13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
     24.97%

14.  TYPE OF REPORTING PERSON:
     OO

CUSIP No. 816006-10-0                                  Page 4 of 7

1.   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
     Financial Investors Limited

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:        (a) /X/
                                                         (b) / /

3    SEC USE ONLY


4.   SOURCE OF FUNDS:
     OO

5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO    ITEMS 2(d) or 2(e):                         / /
     N/A

6.   CITIZENSHIP OR PLACE OF ORGANIZATION:
     Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

7.   SOLE VOTING POWER


8.   SHARED VOTING POWER
     4,175,000

9.   SOLE DISPOSITIVE POWER


10.  SHARED DISPOSITIVE POWER
     4,175,000

11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING  PERSON:
     4,175,000

12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES:                                           / /

13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
     24.97%

14.  TYPE OF REPORTING PERSON:
     CO



CUSIP No. 816006-10-0                             Page 5 of 7

1.   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
     General Investors Limited

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:        (a) /X/
                                                         (b) / /

3    SEC USE ONLY


4.   SOURCE OF FUNDS:
     OO

5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO    ITEMS 2(d) or 2(e):                         / /
     N/A

6.   CITIZENSHIP OR PLACE OF ORGANIZATION:
     Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

7.   SOLE VOTING POWER


8.   SHARED VOTING POWER
     8,350,000

9.   SOLE DISPOSITIVE POWER


10.  SHARED DISPOSITIVE POWER
     8,350,000

11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING  PERSON:
     8,350,000

12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES:                                           / /

13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
     49.95%

14.  TYPE OF REPORTING PERSON:
     CO

                                                  Page 6 of 7


                          SCHEDULE 13D
                        (Amendment No. 6)


     NOTE:  All capitalized terms used in this Amendment No. 6
and not defined herein shall have the same meaning as in the
statement of Saad A. Alissa and Abdullatif Ali Alissa Est. on
Schedule 13D dated January 11, 1994 and amended by Amendment No.
1 to Schedule 13D, dated January 24, 1994, Amendment No. 2 dated
June 28, 1994, Amendment No. 3 dated October 19, 1994, Amendment
No. 4 dated December 14, 1994 and Amendment No. 5 dated February
13, 1995.  Except as expressly stated below, there have been no
material changes in the information contained in such Schedule
13D, as amended.

Item 4.   Purpose of Transaction

          In a letter to The Seibels Bruce Group, Inc. ("SBGI")
dated September 25, 1995, Mr. Alissa demanded registration of the
shares of SBGI Common Stock purchased by Mr. Alissa and the
Establishment under the Stock Purchase Agreement dated December
22, 1993.  In such letter, Mr. Alissa also requested a special
meeting of shareholders to be held at the corporate offices of
SBGI on December 23, 1995 for the purpose of electing directors.
Mr. Alissa does not intend to solicit proxies in connection with
such special meeting, but intends to vote the shares of Common
Stock he beneficially owns for nominee directors for which he has
the right to designate under the Stock Purchase Agreement.
                                                  Page 7 of 7

                           SIGNATURES
                                
                                
     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.




                                   ABDULLATIF ALI ALISSA EST.



Dated:         9/27/95                   By: /s/ Saad A. Alissa
                                   Saad A. Alissa, President



Dated:         9/27/95                   By:/s/ Saad A. Alissa
                                   Saad A. Alissa, (Individually)



                                   GENERAL INVESTORS LIMITED



Dated:         9/27/95                   By:/s/ Saad A. Alissa
                                   Saad A. Alissa, Secretary



                                   FINANCIAL INVESTORS LIMITED



Dated:         9/27/95                   By:/s/ Saad A. Alissa
                                   Saad A. Alissa, Secretary



                                



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission