SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
------------------
Marine Bancshares, Inc.
-------------------------------------------
(Name of Issuer)
Common Stock
-------------------------------------------
(Title of Class of Securities)
568139109
------------------
(CUSIP Number)
April 10, 2000
-----------------------------------------------------------
Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[x] Rule 13d-1(d)
*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 ("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).
<PAGE>
SCHEDULE 13G
- --------------------------------------------------------------------------------
COMMON STOCK CUSIP No. 568139109
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
The Burton Partnership, Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Deleware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
92,695 Shares
NUMBER OF ----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0 Shares
OWNED BY
EACH ----------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 92,695 Shares
----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 Shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 92,695 Shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13G
- --------------------------------------------------------------------------------
COMMON STOCK CUSIP No. 568139109
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
The Burton Partnership (QP), Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Deleware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
92,695 Shares
NUMBER OF ----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0 Shares
OWNED BY
EACH ----------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 92,695 Shares
----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 Shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 92,695 Shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13G
- --------------------------------------------------------------------------------
COMMON STOCK CUSIP No. 568139109
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Donald W. Burton
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Deleware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
92,695 Shares
NUMBER OF ----------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0 Shares
OWNED BY
EACH ----------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 92,695 Shares
----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 Shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 92,695 Shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
Item 1. (a) Name of Issuer: Marine Bancshares, Inc.
(b) Address of Issuer's
Principal Executive 2325 Vanderbilt Beach Road
Offices: Naples, Florida 34102
Item 2. (a) Names of Person Filing: (b) Address of Principal (c) Citizenship:
Business Offices:
The Burton Limited Partnership, P.O. Box 4643 Delaware
Limited Partnership Jackson, WY 83001
The Burton Limited Partnership (QP), P.O. Box 4643 Delaware
Limited Partnership Jackson, WY 83001
Donald W. Burton P.O. Box 4643 United States
Jackson, WY 83001
(d) Title of Class
Securities: Common Stock, $.01 par value
(e) CUSIP Number: 568139109
</TABLE>
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:
(a) [_] Broker or Dealer registered under Section 15 of the Act (15
U.S.C. 78o)
(b) [_] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C.
78c)
(c) [_] Insurance Company as defined in Section 3(a)(19) of the Act
(15 U.S.C. 78c)
(d) [_] Investment Company registered under Section 8 of the
Investment Company Act (15 U.S.C. 80a-8)
(e) [_] An investment adviser in accordance with
(S)240.13d-1(b)(1)(ii)(E)
(f) [_] An employee benefit plan or endowment fund in accordance
with (S)240.13d-1(b)(1)(ii)(F)
(g) [_] A parent holding company or control person in accordance
with (S)240.13d-1(b)(ii)(G)
(h) [_] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) [_] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3)
(j) [_] Group, in accordance with (S)240.13d-1(b)(1)(ii)(J)
None of the above.
<PAGE>
Item 4. Ownership*
(a) Amount beneficially owned: As of April 12, 2000, each of the
following is the owner of record of the number of shares of Common
Stock set forth next to its name:
The Burton Partnership, Limited
Partnership: 23,174 Shares
The Burton Partnership (QP), Limited
Partnership: 69,521 Shares
By virtue of his status as general partner of both limited partnerships, The
Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited
Partnership, Donald W. Burton may thus be deemed as beneficial owner of the
total 92,695 shares, which represents 8.0% of the Company, and has the sole
voting power and the power to direct the disposition of the shares of common
stock that each partnership owns of record.
(b) Percent of class:
The Burton Partnership, Limited
Partnership: 6.0%
The Burton Partnership (QP), Limited
Partnership: 2.0%
The foregoing percentages are calculated based on the 1,150,000 shares of Common
Stock, $.01 par value, reported to be outstanding as of March 29, 2000.
(c) Number of shares to which the person has:
(i) Sole power to vote or to direct the vote:
The Burton Partnership, Limited
Partnership: 92,695 Shares
The Burton Partnership (QP), Limited
Partnership: 92,695 Shares
Donald W. Burton: 92,695 Shares
(ii) Shared power to vote or to direct the vote: none
(iii) Sole power to dispose or to direct the disposition of:
The Burton Partnership, Limited
Partnership: 92,695 Shares
The Burton Partnership (QP), Limited
Partnership: 92,695 Shares
Donald W. Burton: 92,695 Shares
(iv) Shared power to dispose or to direct the disposition of:
none
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 [_]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiaries Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable.
<PAGE>
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
Not Applicable.
SIGNATURE
---------
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: April 14, 2000
THE BURTON PARTNERSHIP, LIMITED PARTNERSHIP
By: /s/ Donald w. Burton
------------------------
Donald W. Burton
General Partner
THE BURTON PARTNERSHIP (QP), LIMITED PARTNERSHIP
By: /s/ Donald w. Burton
------------------------
Donald W. Burton
General Partner
DONALD W. BURTON
By: /s/ Donald W. Burton
------------------------
<PAGE>
