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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES
13d-1(b) AND (c) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)
(AMENDMENT NO. 1)(1)
Phoenix International Ltd., Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
719078-10-7
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(CUSIP Number)
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(1) 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 the disclosures provided in a prior cover page.
The information required in 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).
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CUSIP NO. 719078-10-7 13G PAGE 2 OF 5 PAGES
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(1) NAMES OF REPORTING PERSONS James C. Holly
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [N/A]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen
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(5) SOLE VOTING POWER N/A
NUMBER OF
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER N/A
OWNED BY
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER N/A
PERSON WITH
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(8) SHARED DISPOSITIVE POWER N/A
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
N/A
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
N/A [ ]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
N/A
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(12) TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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1(a). Name of Issuer:
Phoenix International Ltd., Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
500 International Parkway
Heathrow, FL 32746
Item 2(a). Name of Person Filing:
James C. Holly
Item 2(b). Address of Principal Business Office or, if none, Residence:
33459 Globe Drive
Springville, CA 93265
Item 2(c). Citizenship:
U.S.
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e). CUSIP Number:
719078-10-7
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person filing is a:
N/A
Item 4. Ownership N/A
(a) Amount Beneficially Owned:
(b) Percent of Class
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
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(ii) shared power to vote or to direct the vote:
(iii) sole power to dispose or to direct the
disposition of:
(iv) shared power to dispose or to direct the
disposition of:
Item 5. Ownership of Five Percent or Less of A Class:
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following: [X]
Item 6. Ownership of More than Five Percent on Behalf of Another
Person:
N/A
Item 7. Identification and Classification of the Subsidiary which
Acquired the Security being Reported on by the Parent Holding
Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
Not applicable. Not filed pursuant to Rule 13d-1(b).
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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.
February 8, 1998
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(Date)
/s/ James C. Holly
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(Signature)
James C. Holly
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(Name/Title)
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