-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000950147-02-000399.txt : 20020415
<SEC-HEADER>0000950147-02-000399.hdr.sgml : 20020415
ACCESSION NUMBER:		0000950147-02-000399
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20020307
GROUP MEMBERS:		ANDREW M. BOAS
GROUP MEMBERS:		CARL MARKS STRATEGIC INVESTMENTS II, L.P.
GROUP MEMBERS:		CARL MARKS STRATEGIC INVESTMENTS, L.P.
GROUP MEMBERS:		ROBERT C. RUOCCO

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEJON RANCH CO
		CENTRAL INDEX KEY:			0000096869
		STANDARD INDUSTRIAL CLASSIFICATION:	AGRICULTURE PRODUCTION - CROPS [0100]
		IRS NUMBER:				770196136
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-03535
		FILM NUMBER:		02569294

	BUSINESS ADDRESS:	
		STREET 1:		4436 LEBEC ROAD
		STREET 2:		PO BOX 1000
		CITY:			LEBEC
		STATE:			CA
		ZIP:			93243
		BUSINESS PHONE:		6612483000

	MAIL ADDRESS:	
		STREET 1:		4436 LEBEC RD
		STREET 2:		PO BOX 1000
		CITY:			LEBEC
		STATE:			CA
		ZIP:			93243

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CARL MARKS MANAGEMENT CO L P /NY/
		CENTRAL INDEX KEY:			0000942826
		IRS NUMBER:				133434745
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		135 E 57TH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2129098400

	MAIL ADDRESS:	
		STREET 1:		135 EAST 57TH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>e-8249.txt
<DESCRIPTION>AMENDMENT NO.2 TO SCHEDULE 13D
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549

                                 SCHEDULE 13D/A

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                (AMENDMENT NO. 2)

                                 TEJON RANCH CO.
                                (Name of Issuer)

                     COMMON STOCK, PAR VALUE $.50 PER SHARE
                         (Title of Class of Securities)

                                   879080 10 9
                                 (CUSIP Number)

                                 IRIS B. ROSKEN
                       CARL MARKS MANAGEMENT COMPANY, L.P.
                              135 EAST 57TH STREET
                               NEW YORK, NY 10022

                     (Name, Address and Telephone Number of
            Person Authorized to Receive Notices and Communications)

                                FEBRUARY 13, 2002

             (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/A,  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.)

                                                               Page 1 of 8 pages
<PAGE>
- ---------------------                                          -----------------
CUSIP NO. 879080 10 9             SCHEDULE 13D                 Page 2 of 8 Pages
- ---------------------                                          -----------------

1   NAMES OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Carl Marks Strategic Investments, L.P.
    --------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [ ]
                                                                       (b) [ ]
    --------------------------------------------------------------------------
3   SEC USE ONLY

    --------------------------------------------------------------------------
4   SOURCE OF FUNDS*


    --------------------------------------------------------------------------
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
    TO ITEMS 2(d) OR 2(e)                                                  [ ]

    --------------------------------------------------------------------------
6   CITZENSHIP OR PLACE OF ORGANIZATION

    Delaware
    --------------------------------------------------------------------------
                  7  SOLE VOTING POWER
                     585,083 shares**
     NUMBER OF       ---------------------------------------------------------
      SHARES      8  SHARED VOTING POWER
    BENEFICIALLY     -0-
     OWNED BY        ---------------------------------------------------------
       EACH       9  SOLE DISPOSITIVE POWER
     REPORTING       585,083 shares**
      PERSON         ---------------------------------------------------------
       WITH      10  SHARED DISPOSITIVE POWER
                     -0-
                     ---------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    585,083 shares**
    --------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]


    --------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    4.09%
    --------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*

    PN
    --------------------------------------------------------------------------
<PAGE>
- ---------------------                                          -----------------
CUSIP NO. 879080 10 9             SCHEDULE 13D                 Page 3 of 8 Pages
- ---------------------                                          -----------------

1   NAMES OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Carl Marks Strategic Investments II, L.P.
    --------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [ ]
                                                                       (b) [ ]
    --------------------------------------------------------------------------
3   SEC USE ONLY

    --------------------------------------------------------------------------
4   SOURCE OF FUNDS*


    --------------------------------------------------------------------------
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
    TO ITEMS 2(d) OR 2(e)                                                  [ ]

    --------------------------------------------------------------------------
6   CITZENSHIP OR PLACE OF ORGANIZATION

    Delaware
    --------------------------------------------------------------------------
                  7  SOLE VOTING POWER
                     -0-
     NUMBER OF       ---------------------------------------------------------
      SHARES      8  SHARED VOTING POWER
    BENEFICIALLY     -0-
     OWNED BY        ---------------------------------------------------------
       EACH       9  SOLE DISPOSITIVE POWER
     REPORTING       -0-**
      PERSON         ---------------------------------------------------------
       WITH      10  SHARED DISPOSITIVE POWER
                     -0-
                     ---------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    -0-**
    --------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]


    --------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    -0-%
    --------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*

    PN
    --------------------------------------------------------------------------
<PAGE>
- ---------------------                                          -----------------
CUSIP NO. 879080 10 9             SCHEDULE 13D                 Page 4 of 8 Pages
- ---------------------                                          -----------------

1   NAMES OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Carl Marks Management Company, L.P.
    --------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [ ]
                                                                       (b) [ ]
    --------------------------------------------------------------------------
3   SEC USE ONLY

    --------------------------------------------------------------------------
4   SOURCE OF FUNDS*


    --------------------------------------------------------------------------
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
    TO ITEMS 2(d) OR 2(e)                                                  [ ]

    --------------------------------------------------------------------------
6   CITZENSHIP OR PLACE OF ORGANIZATION

    Delaware
    --------------------------------------------------------------------------
                  7  SOLE VOTING POWER
                     585,083 shares**
     NUMBER OF       ---------------------------------------------------------
      SHARES      8  SHARED VOTING POWER
    BENEFICIALLY     -0-
     OWNED BY        ---------------------------------------------------------
       EACH       9  SOLE DISPOSITIVE POWER
     REPORTING       585,083 shares**
      PERSON         ---------------------------------------------------------
       WITH      10  SHARED DISPOSITIVE POWER
                     -0-
                     ---------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    585,083 shares**
    --------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]


    --------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    4.09%
    --------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*

    PN
    --------------------------------------------------------------------------
<PAGE>
- ---------------------                                          -----------------
CUSIP NO. 879080 10 9             SCHEDULE 13D                 Page 5 of 8 Pages
- ---------------------                                          -----------------

1   NAMES OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Andrew M. Boas
    --------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [ ]
                                                                       (b) [ ]
    --------------------------------------------------------------------------
3   SEC USE ONLY

    --------------------------------------------------------------------------
4   SOURCE OF FUNDS*

    AF
    --------------------------------------------------------------------------
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
    TO ITEMS 2(d) OR 2(e)                                                  [ ]

    --------------------------------------------------------------------------
6   CITZENSHIP OR PLACE OF ORGANIZATION

    U.S.A.
    --------------------------------------------------------------------------
                  7  SOLE VOTING POWER
                     -0-
     NUMBER OF       ---------------------------------------------------------
      SHARES      8  SHARED VOTING POWER
    BENEFICIALLY     585,083 shares**
     OWNED BY        ---------------------------------------------------------
       EACH       9  SOLE DISPOSITIVE POWER
     REPORTING       -0-
      PERSON         ---------------------------------------------------------
       WITH      10  SHARED DISPOSITIVE POWER
                     585,083 shares**
                     ---------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    585,083 shares**
    --------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]


    --------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    4.09%
    --------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*

    IN
    --------------------------------------------------------------------------
<PAGE>
- ---------------------                                          -----------------
CUSIP NO. 879080 10 9             SCHEDULE 13D                 Page 6 of 8 Pages
- ---------------------                                          -----------------

1   NAMES OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Robert C. Ruocco
    --------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [ ]
                                                                       (b) [ ]
    --------------------------------------------------------------------------
3   SEC USE ONLY

    --------------------------------------------------------------------------
4   SOURCE OF FUNDS*

    AF
    --------------------------------------------------------------------------
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
    TO ITEMS 2(d) OR 2(e)                                                  [ ]

    --------------------------------------------------------------------------
6   CITZENSHIP OR PLACE OF ORGANIZATION

    U.S.A.
    --------------------------------------------------------------------------
                  7  SOLE VOTING POWER
                     5,243 shares
     NUMBER OF       ---------------------------------------------------------
      SHARES      8  SHARED VOTING POWER
    BENEFICIALLY     585,083 shares**
     OWNED BY        ---------------------------------------------------------
       EACH       9  SOLE DISPOSITIVE POWER
     REPORTING       5,243 shares
      PERSON         ---------------------------------------------------------
       WITH      10  SHARED DISPOSITIVE POWER
                     585,083 shares**
                     ---------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    590,326 shares**
    --------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]


    --------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    4.13%
    --------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*

    IN
    --------------------------------------------------------------------------
<PAGE>
ITEM 1.  SECURITY AND ISSUER

     This Amendment No. 2 to Schedule 13D relates to the Common Stock, par value
$.50 per share  (the  "Common  Stock"),  issued by Tejon  Ranch  Co., a Delaware
corporation (the "Company").  The principal executive offices of the Company are
located at P.O. Box 1000, Lebec, California 93243.

     This  Amendment to Schedule 13D is being filed pursuant to Section 13(d) of
the Securities  Exchange Act of 1934, as amended,  and the rules and regulations
promulgated  thereunder (the "Exchange Act "). This Amendment  amends a Schedule
13D, dated July 17, 1997 (the "Original Schedule 13D" ).

     Except as amended hereby, the responses in the Original Schedule 13D remain
unchanged.

ITEM 4. PURPOSE OF TRANSACTION.

     Mr.  Ruocco is currently a director of the  Company.  Neither he nor any of
the  other  Reporting  Persons  presently  have any of the  plans  or  proposals
described in this Item.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

     (a) As of the date hereof,  Partnership I owned beneficially 585,083 shares
of Common Stock, constituting  approximately 4.09% of the outstanding shares. In
its capacity as general partner of Partnership I, such shares may be deemed also
owned  beneficially  by the General  Partner  and, in their  capacity as general
partners of the General Partner, by Messrs. Boas and Ruocco.

     As of the date  hereof,  Mr.  Ruocco  owned  options  (granted  to him as a
director) to acquire an  additional  5,243 shares of Common  Stock,  at exercise
prices ranging from $21.0625 to $24.50 per share.

     By  reason of the  foregoing  (and  ownership  previously  reported  in the
Original  Schedule  13D),  as of the date  hereof the  Reporting  Persons  owned
beneficially  the  following   respective   aggregate  amounts  and  approximate
percentages of the  outstanding  shares of Common Stock:  Each of Partnership I,
the General  Partner and Mr.  Boas,  585,083  shares  (4.09%);  and Mr.  Ruocco,
590,326 shares (4.13%).  Neither  Partnership II nor the Account owns any shares
of Common Stock
<PAGE>
     (c) On February 13,  2002,  Partnership  II sold  207,755  shares of Common
Stock, in a negotiated transaction,  at a total price, including commissions, of
$5,187,539.53 ($24.97 per share).

     Except as aforesaid,  no  transactions in the Common Stock were effected by
any of the Reporting Persons within the past sixty (60) days.

     (e) On February 13, 2002, the General  Partner and Messrs.  Boas and Ruocco
ceased to be owners of more than 5% of the Common Stock.

                                   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.

Date: March 7, 2002


                           CARL MARKS STRATEGIC INVESTMENTS, L.P.
                           By: Carl Marks Management Company, L.P.,
                                 General Partner

                           By: /s/ Andrew M. Boas
                               ------------------------------------
                               Andrew M. Boas, a General Partner


                           CARL MARKS STRATEGIC INVESTMENTS II, L.P.
                           By: Carl Marks Management Company, L.P.,
                                 General Partner

                           By: /s/ Andrew M. Boas
                               ------------------------------------
                               Andrew M. Boas, a General Partner


                               CARL MARKS MANAGEMENT COMPANY, L.P.

                               By: /s/ Andrew M. Boas
                                   ------------------------------------
                                   Andrew M. Boas, a General Partner

                                   /s/ Andrew M. Boas
                                   ------------------------------------
                                   ANDREW M. BOAS

                                   /s/ Robert C. Ruocco
                                   ------------------------------------
                                   ROBERT C. RUOCCO

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
