Federal Communications Commission
Washington, D.C. 20554
Approved by OMB
3060-0010 (June 2002)
FCC 323
FOR FCC USE ONLY
 
OWNERSHIP REPORT FOR COMMERCIAL BROADCAST STATIONS

Read INSTRUCTIONS Before Filling Out Form

FOR COMMISSION USE ONLY
FILE NO.

BOA - 20050329AAU
Section I - General Information
1. Legal Name of the Applicant 
NORTH RIVER INVESTMENTS, INC.
Mailing Address
C/O KENT RIES,CHAP.7 BANKRUPTCY TRUSTEE FOR JOEL WILLIAMSON
600 S. TYLER, SUITE 1300
City
AMARILLO
State or Country (if foreign address)
TX
ZIP Code
79101 -
Telephone Number (include area code)
8062427437
E-Mail Address (if available) 
KENT@KENTRIES.COM
FCC Registration Number:
0012919908
Call Sign 
KDDD
Facility ID Number 
74312
2. Contact Representative (if other than Licensee/Permittee)
KENT RIES, ESQ.
Firm or Company Name

Telephone Number (include area code)
8062427437
E-Mail Address (if available)
KENT@KENTRIES.COM
3. Name of entity, if other than licensee or permittee, for which report is filed

Mailing Address


City
State or Country (if foreign address)
ZIP Code
-
Telephone Number (include area code)
E-Mail Address (if available)
4. If this application has been submitted without a fee, indicate reason for fee exemption (see 47 C.F.R. Section 1.1114):
Governmental Entity Fee-exempt Report Other SEC. 1.1117 FINANCIAL HARDSHIP/BANKRUPTCY WAIVER REQUESTED CONTEMPORANEOUSLY UNDER SEPARATE COVER
N/A (Fee Required)



Section II - Ownership Information

5.

a. Biennial b. Transfer of Control or Assignment of License/Permit c. Other
d. Amendment to pending application


for the following stations:

[Enter Station Information]


Station List


This Report is filed for the following stations:

Call Letters
Facility ID Number
Location (City/State)
Class of service
KDDD 74312 DUMAS TX AM


Call Letters
Facility ID Number
Location (City/State)
Class of service
KDDD-FM 74311 DUMAS TX FM



All of the information furnished in this Report is accurate as of 03/18/2005 (Date must comply with 47 C.F.R. Section 73.3615(a), i.e., information must be current within 60 days of filing of this report, when 5(a) below is checked.)

This Report is filed for (check one)
6.
Respondent is:
Sole proprietorship Not-for-profit corporation Limited partnership
For-profit corporation General partnership Other
If "Other", describe nature of the respondent in an Exhibit.
[Exhibit 1]
7.
List all contracts and other instruments required to be filed by 47 C.F.R. Section 73.3613.   (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject licensee or permittee shall respond.)

[Enter Contract/Instrument Information]


Contracts/Instruments Information


List all contracts and other instruments required to be filed by 47 C.F.R. Section 73.3613. (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject shall respond.)

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
ARTICLES OF INCORPORATION OF NORTH RIVER INVESTMENTS, INC. STATE OF TEXAS 10/19/1999

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
NOTICE OF CHAPTER 7 BANKRUPTCY CASE, CASE NO. 04-20973-RLJ7 U.S. BANKRUPTCY COURT, NORTHERN DISTRICT OF TEXAS, AMARILLO DIVISION 08/06/2004

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
ORDER GRANTING PETITION FOR INVOLUNTARY BANKRUPTCY, CASE NO. 05-20123-RLJ7 U.S. BANKRUPTCY COURT, NORTHERN DISTRICT OF TEXAS, AMARILLO DIVISION 03/18/2005

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
ORDER APPROVING SALE OF ASSET OF DEBTOR FREE AND CLEAR OF ALL LIENS U.S. BANKRUPTCY COURT, NORTHERN DISTRICT OF TEXAS, AMARILLO DIVISION 02/22/2005


8. Capitalization (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject licensee or permittee shall respond.)

[Enter Capitalization Information]


Capitalization


Capitalization (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise excercises de facto control over the subject licensee or permittee shall respond.)

Class of stock (preferred, common or other)
Voting or Non-voting
Number of Shares
Authorized
Issued and Outstanding
Treasury
Unissued


9.
(a.) List the respondent, and, if other than a natural person, its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. If a corporation or partnership holds an attributable interest in the respondent, list separately its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. Create a separate row for each individual or entity. Attach supplemental pages, if necessary.
[Enter Owner Information]

Owner Information

List the respondent, and, if other than a natural person, its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. If a corporation or partnership holds an attributable interest in the respondent, list separately its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. Create a separate row for each individual or entity. Attach supplemental pages, if necessary.
(Read carefully - The numbered items below refer to line numbers in the following table.)
1. Name and address of respondent and each party to the respondent holding an attributable interest (if other than individual also show name, address and citizenship of natural person authorized to vote the stock or holding the attributable interest). List the respondent first, officers next, then directors and, thereafter, remaining stockholders and other entities with attributable interests, and partners.
2. Gender (male or female).
3. Ethnicity (check one).
4. Race (select one or more).
5. Citizenship.
6. Positional interest: Officer, director, general partner, limited partner, LLC member, investor/creditor attributable under the Commission's equity/debt plus standard, etc.
7. Percentage of votes.
8. Percentage of total assets (equity debt plus).

1. Name and Address KENT RIES, TRUSTEE FOR BANKRUPTCY ESTATE OF JOEL WILLIAMSON, 600 S. TYLER, SUITE 1300, AMARILLO, TX 79101
2. Gender (male or female) Male
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest CHAP. 7 BANKRUPTCY TRUSTEE FOR JOEL WILLIAMSON
7. Percentage of votes 100.00
8. Percentage of total assets (equity debt plus) 100.00


(b) Respondent certifies that equity and financial interests not set forth in response to Question 9(a) are non-attributable. Yes No

N/A

See Explanation in
[Exhibit 2]

(c) Is the respondent or any party holding an attributable interest in the respondent also the holder of an attributable interest in any other broadcast station or in any cable or newspaper entities in the same market or with overlapping signals in the same broadcast service, as described in 47 C.F.R. Sections 73.3555 and 76.501? Yes No
If "Yes", submit an Exhibit identifying the holder of that other attributable interest, listing the call signs, locations and facilities identifiers of such other broadcast stations, and describing the nature and size of the ownership interest and the positions held in the other broadcast, cable or newspaper entities. [Exhibit 3]
(d) Are any of the individuals listed in response to Question 9(a) related as parent-child, husband-wife, brothers and sisters?

Yes No

 

If "Yes", submit an Exhibit setting forth full information as to the family relationship

[Exhibit 4]

(e) Is respondent seeking an attribution exemption for any officer or director with duties unrelated to the licensee or permittee?

If "Yes", submit an Exhibit identifying that individual by name and title, fully describing that individual's duties and responsibilities, and explaining why that individual should not be attributed an interest.

Yes No

[Exhibit 5]



SECTION III - CERTIFICATION


I certify that I am TRUSTEE OF BANKRUPTCY ESTATE OF 100% STOCKHOLDER

(Official Title)


of NORTH RIVER INVESTMENTS, INC.

(Exact legal title or name of respondent)


and that I have examined this Report and that to the best of my knowledge and belief, all statements in this Report are true, correct and complete.

(Date of certification must be within 60 days of the date shown in Question 5, Section II and in no event prior to that date.)

Signature
KENT RIES, CHAP. 7 BANKRUPTCY TRUSTEE FOR JOEL WILLIAMSON
Date
03/28/2005
Telephone Number of Respondent (Include area code) 8062427437

WILLFUL FALSE STATEMENTS ON THIS FORM ARE PUNISHABLE BY FINE AND/OR IMPRISONMENT (U.S. CODE, TITLE 18, SECTION 1001), AND/OR REVOCATION OF ANY STATION LICENSE OR CONSTRUCTION PERMIT (U.S. CODE, TITLE 47, SECTION 312(a)(1)), AND/OR FORFEITURE (U.S. CODE, TITLE 47, SECTION 503).



Exhibits
Exhibit 1
Description:
CHAP. 7 BANKRUPTCY OF JOEL WILLIAMSON

THE U.S. BANKRUPTCY COURT, NORTHERN DISTRICT OF TEXAS, AMARILLO DIVISION ('THE BANKRUPTCY COURT'), APPOINTED KENT RIES THE CHAPTER 7 BANKRUPTCY TRUSTEE FOR JOEL WILLIAMSON (THE 100% STOCKHOLDER OF NORTH RIVER INVESTMENTS, INC.) IN CASE NO. 04-20973-RLJ7. IN ADDITION, ON MARCH 18, 2005, THE BANKRUPTCY COURT GRANTED A PETITION FOR INVOLUNTARY BANKRUPTCY OF NORTH RIVER INVESTMENTS, INC., AND APPOINTED KENT RIES THE CHAPTER 7 BANKRUPTCY TRUSTEE FOR NORTH RIVER INVESTMENTS, INC., IN CASE NO. 05-20123-RJL7. NORTH RIVER INVESTMENTS, INC. IS THE LICENSEE OF KDDD(AM) AND KDDD-FM, DUMAS, TX. THE AUDIO DIVISION OF THE FCC'S MEDIA DIVISION APPROVED TRANSFER OF CONTROL OF NORTH RIVER INVESTMENTS, INC. TO KENT RIES, TRUSTEE FOR BANKRUPTCY ESTATE OF JOEL WILLIAMSON, UNDER FILE NOS. BTC-20050307ABF AND BTCH-20050307ABG, WHICH WAS COMPLETED ON MARCH 18, 2005. THIS OWNERSHIP REPORT SERVES AS THE LICENSEE'S BIENNIAL OWNERSHIP REPORT AND ALSO SATISFIES SECTION 73.3615(C) OF THE COMMISSION'S RULES BY ITS SUBMISSION WITHIN 30 DAYS AFTER THE COMPLETION OF BTC-20050307ABF AND BTCH-20050307ABG.

Attachment 1