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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(AMENDMENT NO. 1)
Corrpro Companies, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
220317101
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(CUSIP Number)
Marc C. Krantz, Kohrman Jackson & Krantz P.L.L.,
1375 East 9th Street, Cleveland, Ohio 44114, 216-736-7204
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
August 16, 2001
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(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(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule including all exhibits. See Rule 13d-7(b) 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 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).
Page 1 of 7
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SCHEDULE 13D
CUSIP NO. 220317101 PAGE 2 OF 7 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TURKEY VULTURE FUND XIII, LTD.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
OHIO
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NUMBER OF 7 SOLE VOTING POWER
SHARES 22,000
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 22,000
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PERSON 10 SHARED DISPOSITIVE POWER
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
22,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.03%
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14 TYPE OF REPORTING PERSON*
OO
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SCHEDULE 13D
CUSIP NO. 220317101 PAGE 3 OF 7 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RICHARD M. OSBORNE TRUST
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
OHIO
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NUMBER OF 7 SOLE VOTING POWER
SHARES 241,800
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 241,800
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PERSON 10 SHARED DISPOSITIVE POWER
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
241,800
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.0%
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14 TYPE OF REPORTING PERSON*
OO
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CUSIP NO. 220317101
This Amendment No. 1 to Statement on Schedule 13D is filed on behalf of
the following: (i) Turkey Vulture Fund XIII, Ltd., an Ohio limited liability
company (the "Fund"); and (ii) the Richard M. Osborne Trust, an Ohio trust (the
"Trust"), for the purpose of reporting sales of shares of common stock, without
par value (the "Shares"), of Corrpro Companies, Inc., an Ohio corporation
("Corrpro"). Richard M. Osborne is the sole manager of the Fund and the sole
trustee of the Trust.
Item 5. Interest in Securities of the Issuer.
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Items 5(a), 5(c) and 5(e) of Schedule 13D are hereby amended and
supplemented as follows:
(a) According to the most recently available filing with the Securities
and Exchange Commission by Corrpro, there are 8,056,163 Shares outstanding.
The Fund beneficially owns 22,000 Shares, or approximately 0.03% of the
outstanding Shares. The Trust beneficially owns 241,800 Shares, or 3.0% of the
outstanding Shares. As sole Manager of the Fund and sole trustee of the Trust,
Mr. Osborne may be deemed to beneficially own all 263,800 Shares held by the
Fund and the Trust, or 3.3% of the outstanding Shares.
(c) During the past 60 days, the Fund sold 128,000 Shares in open
market transactions as set forth below:
Approximate Per
Share Price
Date Number of Shares (Excluding Commissions)
---- ---------------- -----------------------
7/23/01 1,100 $2.70
7/25/01 4,400 $2.55
7/26/01 17,500 $2.50
8/17/01 105,000 $2.61
During the past 60 days, the Trust sold 142,200 Shares in open market
transactions as set forth below:
Approximate Per
Share Price
Date Number of Shares (Excluding Commissions)
---- ---------------- -----------------------
8/16/01 142,200 $2.63
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CUSIP NO. 220317101
(e) On August 16, 2001, the Trust and the Fund ceased to be the
beneficial owner of more than 5% of the Shares outstanding.
Item 7. Material to be Filed as Exhibits.
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Exhibit 7.1 Joint Filing Agreement
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CUSIP NO. 220317101
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.
Dated: August 22, 2001 TURKEY VULTURE FUND XIII, LTD.
By: /s/ Richard M. Osborne
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Richard M. Osborne, Manager
RICHARD M. OSBORNE TRUST
By: /s/ Richard M. Osborne
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Richard M. Osborne, Trustee
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CUSIP NO. 220317101
Exhibit Index
Exhibit 7.1 Joint Filing Agreement
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