UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
(X) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
7HBF, Ltd., . .
2801 Glenda Avenue
Fort Worth, TX 76117
USA
2. Issuer Name and Ticker or Trading Symbol
FFP Marketing Company, Inc.
FMM
3. IRS or Social Security Number of Reporting Person (Voluntary)
75-2307791
4. Statement for Month/Year
December 28, 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common shares |12/28/|J(No|559,892 |A |Note 1 |559,892 |I |Note 1 |
|97 |te1)| | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
None | | | | | | | | | | | | | |
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Explanation of Responses:
Note 1: On December 28, 1997, FFP Partners, L.P., completed a restructuring
under which the non-real estate
assets and businesses previously owned and conducted by FFP Partners were
transferred to FFP Marketing
Company, Inc. In connection therewith, each holder of FFP Partners units
received one common share of FFP
Marketing for each unit of FFP Partners held on December 28, 1997. The common
shares reflected hereon were
received in connection with this restructuring by various companies in which
7HBF, Ltd., has a direct or indirect
ownership interest. 7HBF, Ltd., a Texas limited partnership, owns, directly
or indirectly, from 25% to 100% of nine
companies that received common shares in connection with the restructuring.
Therefore, 7HBF may be deemed to
share investment control over the shares held by these companies. 7HBF
disclaims beneficial ownership of these
shares. The number of shares set forth above is 7HBF's proportionate pecuniary
interest in the shares owned by
these nine
companies.
SIGNATURE OF REPORTING PERSON
7HBF, Ltd., by 7HBF Management Co., Ltd, general partner by
DATE
February 27, 1998
