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                                                                    EXHIBIT 2.1c



                                 PROMISSORY NOTE

$1,996,000

                                October 21, 1999

         1.  Promise to Pay.

         The undersigned, Coach and Car Equipment Corp. ("Maker") promises to
pay to the order of CCEC Capital Corp., in care of Simula, Inc, 2700 N. Central
Avenue, Phoenix, Arizona 85004, Attn: Scott Huson, or its successors ("Coach and
Car") the principal sum of One Million Nine Hundred Ninety Six Thousand Dollars
($1,996,000).

         Coach and Car may transfer this Note, and Coach and Car or anyone who
takes this Note by transfer and who is entitled to receive payments under this
Note is called the "Noteholder."

         2.  Interest.

         Interest will be charged on the unpaid principal until the full amount
is paid. Maker will pay interest at an annual rate of eight and one-half percent
(8-1/2%). Interest shall be calculated on the basis of a 360-day year and shall
be computed on the actual number of days elapsed.

         3.  Payments.

         3.1 Maker will make an initial installment payment of accrued interest
on April 1, 2000. Thereafter, Maker will make equal quarterly installment
payments of accrued interest on the first day of each quarter commencing July 1,
1999. Maker will then make a final payment of principal and accrued interest on
the Maturity Date, as defined in Section 4.

         3.2 All payments hereunder shall be in accordance with the amortization
schedule attached hereto as Attachment A.

         3.3 Maker shall have the right to prepay this Note in full or in part
without penalty.

         4.  Maturity.

         Maker's obligations under the Note shall become fully due and payable
on October 15, 2004 (the "Maturity Date"). In the event Maker directly or
through its Affiliates (hereafter defined) completes a private or public
offering of debt or equity securities before the Maturity Date, the proceeds of
such offering shall be first applied to repayment of the Note thereby
accelerating the Maturity Date, subject only to an Underwriting Limitation, as
defined below. The term "Underwriting Limitation" shall mean the following: (i)
any reasonable and customary
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indebtedness repayment limitation imposed on such proceeds by an underwriter
pursuant to an underwriting agreement; or (ii) in the event of a private
offering with no underwriter, an indebtedness repayment limitation imposed on
offering proceeds to which the Noteholder consents; provided however that the
consent of the Noteholder shall not be required on the first Two Million Dollars
($2,000,000) cumulative offering proceeds obtained in the aggregate by Maker and
its Affiliates after the date of this Note. In the event that the proceeds
applied against this Note from any offering of securities is not sufficient to
retire the Note, then the proceeds of any subsequent offering shall be first
applied to repayment of the Note subject to an Underwriting Limitation. Subject
to an Underwriting Limitation, by its terms, any such offering will designate as
part of the use of proceeds the repayment of indebtedness represented by this
Note, and such repayment shall have priority over other applications of the
proceeds. In the event of any offering, the proceeds of such offering to be
applied against the Note shall be so applied within ten (10) days of Closing and
the funding of the offering. As used herein, Affiliates shall mean any
corporation controlling Maker or under the control of Maker or any corporation
in which any shareholder of Maker owns twenty percent (20%) or more of the
outstanding common stock, including but not limited to Beacon Industries, Inc.

         5.  Note Charges.

         If a law which applies to this Note and which sets maximum loan charges
is finally interpreted so that the interest or other charges collected or to be
collected in connection with this Note exceed the permitted limits, then: (i)
any such Note charges shall be reduced by the amount necessary to reduce the
charge to the permitted limit; and (ii) any sums already collected from Maker
which exceeded permitted limits will be refunded to Maker. The Noteholder may
choose to make this refund by reducing the principal it owes under this Note or
by making a direct payment to Maker. If a refund reduces principal the reduction
will be treated as a partial prepayment.

         6.  No Waiver, Expenses.

         6.1 Even if at a time when Maker is in default Noteholder does not
require Maker to pay immediately in full as directed below, Noteholder will
still have the right to do so if Maker is in default at a later time.

         6.2 If Noteholder has required immediate payment in full as described
below, Noteholder will have the right to be reimbursed for all of its costs and
expenses to the extent not prohibited by applicable law. Those expenses include,
for example, reasonable attorneys' fees.

         6.3 Presentment, demand, protest, notices of protest, dishonor and
non-payment of this Note and all notices of every kind except notices of payment
changes are hereby waived.

         6.4 No single or partial exercise of any power under this Note shall
preclude other or further exercise thereof. The Noteholder shall at all times
have the right to proceed against any portion of any security held for this Note
in such order and in such manner as the Noteholder may deem fit, without waiving
any rights with respect to any other security. No delay or omission on the part
of the Noteholder in exercising any right under this Note shall operate as a
waiver of such right or of any other right under this Note. The release of any
party liable on this Note shall not operate to release any other party liable on
the Note.


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         6.5 Any payment hereunder otherwise due on a day that is not a business
day in Phoenix, Arizona shall be due on the immediately preceding business day.

         7.  Events of Default.

         7.1 At the option of the Noteholder, the Note shall become immediately
due and payable unless otherwise stated, without notice or demand, upon the
occurrence at any time of any of the following events of default.

             (a) Failure to pay when due any payment of principal or interest
         due hereunder within five (5) days of the due date, or failure in the
         performance or observance of any of the terms and conditions of the
         Amended and Restated Asset Purchase Agreement, dated August 31, 1999,
         or the Note Refinancing Agreement (hereinafter defined) and continuance
         of such failure for thirty (30) days after notice.

             (b) Making an assignment for the benefit of creditors by Maker, or
         the voluntary appointment (at the request of any such party or with the
         consent of any such party) of a receiver, custodian, liquidator or
         trustee in bankruptcy of any such party's property or the filing by any
         such party of a petition in bankruptcy or other similar proceeding
         under law for relief of debtors;

             (c) Filing by Maker of a petition in bankruptcy or other similar
         proceeding under the law for relief of debtors, or the involuntary
         appointment of a receiver, custodian, liquidator or trustee in
         bankruptcy of the property of any such party, and such petition or
         appointment is not vacated or discharged within sixty (60) days after
         the filing or making thereof.

             (d) Any event of default under any financing arrangement between
         Maker and any senior lender in connection with the Purchase Agreement
         or the Note Refinancing Agreement.

         7.2 If this Note is not paid when due, whether at maturity or by
acceleration, Maker promises to pay all costs of collection, including, without
limitation, reasonable attorneys' fees, and all expenses in connection with the
protection or realization of any collateral securing this Note or the
enforcement of any guaranty hereof incurred by the Noteholder on account of such
collection whether or not suit is filed, such costs and expenses shall include,
without limitation, all attorneys' fees and expenses incurred by the Noteholder
in connection with the collection of this Note.

         8. Note Refinancing Agreement.

         This Note is the "Installment Note" referred to in, and is subject the
terms and provisions of, that certain Note Refinancing Agreement, dated as of
October 21, 1999, and the Security Agreement and Stock Pledge and Proxy
Agreement referenced therein.


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         9. Governing Laws; Jurisdiction.

         This Note shall be constructed in accordance with the governed by laws
of the State of Arizona. Any dispute arising under this Note shall be brought in
a court of competent jurisdiction located within the State of Arizona.

                                      COACH AND CAR EQUIPMENT CORP., a Nevada
                                      corporation, formerly known as Coach and
                                      Car Acquisition Corp.

                                      By /s/ Michael Feinstein
                                         ---------------------------------------
                                      Its Vice President
                                          --------------------------------------
                                      Dated  October 21, 1999


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                                  ATTACHMENT A
<TABLE>
<CAPTION>
                 PAYMENT DATE                       PAYMENT AMOUNT
<S>                                                 <C>
                    4/1/00                             77,289.56
                    7/1/00                             42,886.28
                   10/1/00                             43,357.56
                    1/1/01                             43,357.56
                    4/1/01                             42,415.00
                    7/1/01                             42,886.28
                   10/1/01                             43,357.56
                    1/1/02                             43,357.56
                    4/1/02                             42,415.00
                    7/1/02                             42,886.28
                   10/1/02                             43,357.56
                    1/1/03                             43,357.56
                    4/1/03                             42,415.00
                    7/1/03                             42,886.28
                   10/1/03                             43,357.56
                    1/1/04                             43,357.56
                    4/1/04                             42,886.28
                    7/1/04                             42,886.28
                   10/1/04                             43,357.56
                  10/15/04                          2,002,597.89
</TABLE>




                                                  PURCHASER'S INITIALS
                                                                       ---------
                                                  SELLER'S INITIALS
                                                                       ---------


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