Globe Investment Trust PLC – ‘SC 13G/A’ on 2/15/96 re: C&D Technologies Inc

As of:  Thursday, 2/15/96   ·   Accession #:  897446-96-149   ·   File #:  5-38840

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Amendment to Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment to Statement of Beneficial Ownership         4     18K 

Document Table of Contents

SC 13G/A
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SECURITIES AND EXCHANGE COMMISSION                                              
Washington, D.C.  20549                                                         
______________________                                                          

SCHEDULE 13G                                                                    
under the Securities Exchange Act of 1934                                       
(Amendment No. 1)                                                               
______________________                                                          

CHARTER POWER SYSTEMS, INC.                                                     
(Name of Issuer)                                                                

COMMON STOCK, PAR VALUE $.01 PER SHARE                                          
(Title of Class                                                                 
of Securities)                                                                  

161322 10 2                                                                     
(CUSIP Number of Class                                                          
of Securities)                                                                  
______________________                                                          

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.)                                                      

SC 13G/A
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Cusip No. 161322 10 2                                                           

(1) Globe Investment Trust PLC                                                  
(2) (a)                                                                         
(b) [X]                                                                 
(4) United Kingdom                                                              
(5) None                                                                        
(6) None                                                                        
(7) None                                                                        
(8) None                                                                        
(9) 8,056                                                                       
(11) 0.1%                                                                       
(12) CO                                                                         

SC 13G/A
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Item 1(a).  Name of Issuer:                                                     

Charter Power Systems, Inc.                                           

Item 1(b).  Address of Issuer's Principal Executive Offices:                    

3043 Walton Road                                                      
Plymouth Meeting, Pennsylvania  19462                                 

Item 2(a).  Name of Person Filing:                                              

GLOBE INVESTMENT TRUST PLC                                            

Item 2(b).  Address of Principal Business Office:                               

Electra House                                                         
Temple House                                                          
Victoria Embankment                                                   
London WC2R 3HP, England                                              

Item 2(c).  Citizenship:                                                        

United Kingdom                                                        

Item 2(d).  Title of Class of Securities:                                       

Common Stock, par value $.01 per share.                               

Item 2(e).  CUSIP Number:                                                       

161322 10 2                                                           

Item 3.  Inapplicable.                                                          

Item 4.  Ownership:                                                             

Item 4(a).  Amount of Beneficially Owned:                                       

[Original Schedule 13G: 315,730 shares]                                         

Item 4(a) of the Schedule 13G is hereby amended by deleting the                 
text thereof in its entirety and replacing it with "8,056 shares"               

Item 4(b).  Percent of Class:                                                   

[Original Schedule 13G: 6.0%]                                                   

Item 4(b) of the Schedule 13G is hereby amended by deleting the                 
text thereof in its entirety and replacing it with "0.1%"                       

Item 4(c).  Number of shares as to which such person has:                       

(i) sole power to vote or to direct the vote:                                   

None.(1)                                                              

(ii) shared power to vote or direct the vote:                                   

None.(1)                                                              

(iii) sole power to dispose or direct the disposition of:                       

None.(1)                                                              

(iv) shared power to dispose or to direct the disposition of:                   

None.(1)                                                              

Item 5.  Ownership of Five Percent or Less of a Class:                          

Inapplicable.                                                         

Item 6.  Ownership of More than 5% on Behalf of Another Person:                 

Inapplicable.                                                       

Item 7.  Identification and Classification of the Subsidiary                    
Which Acquired the Security Being Reported on By the Parent                     
Holding Company:                                                                

Inapplicable.                                                         

Item 8.  Identification and Classification of Members of the                    
Group:                                                                          

Inapplicable.                                                         

Item 9.  Notice of Dissolution of Group:                                        

Inapplicable.                                                       

Item 10.  Certification:                                                        

Inapplicable.                                                       

Note:                                                                           
(1)  Globe Investment Trust PLC ("Globe") is a party to an                      
Investment Management Agreement for a term expiring December 31,                
1996 with Charterhouse Group International, Inc.                                
("Charterhouse"), pursuant to which Charterhouse manages certain                
investments, including the investment in Common Stock of the                    
Company on behalf of Globe and, in connection therewith, is                     
granted authority to vote and dispose of those investments.                     

SC 13G/A
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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.                                        

Date:  February 14, 1996                                                        

GLOBE INVESTMENT TRUST PLC          

       By: CHARTERHOUSE GROUP INTERNATIONAL, INC.*

By: /s/ Jerome L. Katz      
President and       
      Co-Chief Executive Officer

* Attorney-in-fact (power of attorney filed with the original                   
Schedule 13G)                                                                   

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13G/A’ Filing		Date		First		Last			Other Filings
		12/31/96		3
Filed on:		2/15/96							SC 13G/A
		2/14/96		4
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