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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
AutoBond Acceptance Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
052918109
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(CUSIP Number)
The information required on 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 ("Act") 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).
SEC 1745 (2-95) Page 1 of 5 pages
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CUSIP NO. 052918109 13G PAGE 2 OF 5 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John S. Winsauer
###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF 1,225,688
SHARES -----------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 1,225,688
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8 SHARED DISPOSITIVE POWER
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,225,688
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
18.8%
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12 TYPE OF REPORTING PERSON
IN
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SEC 1745 (2-95) Page 2 of 5 pages
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Item 1(a) Name of Issuer - AutoBond Acceptance Corporation
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Item 1(b) Address of Issuer's Principal Executive Offices
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301 Congress Avenue
Austin, Texas 78701
Item 2(a) Name of Person Filing
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John S. Winsauer
Item 2(b) Address of Principal Business Office or, if none, Residence
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301 Congress Avenue
Austin, Texas 78701
Item 2(c) Citizenship
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United States
Item 2(d) Title of Class of Securities
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Common Stock, No par value per share
Item 2(e) CUSIP Number
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052918109
Item 3 This statement is not being filed pursuant to Rule 13d-1(b),
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Item 4 Ownership (December 31, 1996):
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(a) Amount Beneficially Owned: ............ 1,225,688 Shares
(b) Percent of Class: ................................. 18.8%
(c) John S. Winsauer has sole power to vote or to direct the
vote of, and to dispose or to direct the disposition of,
all such shares.
SEC 1745 (2-95) Page 3 of 5 pages
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Item 5 Ownership of Five Percent or Less of a Class:
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Not applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
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Not applicable
Item 7 Identification and Classification of the Subsidiary which
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Acquired the Security Being Reported on By the Parent Holding
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Company:
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Not applicable
Item 8 Identification and Classification of Members of the Group:
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Not applicable
Item 9 Notice of Dissolution of Group:
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Not applicable
Item 10 Certification
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Not applicable
SEC 1745 (2-95) Page 4 of 5 pages
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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 14, 1997
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Date
/s/ John S. Winsauer
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Signature
John S. Winsauer / Secretary and Director
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Name/Title
SEC 1745 (2-95) Page 5 of 5 pages