PIERCE LEAHY CORP
SC 13G, 1998-02-17
PUBLIC WAREHOUSING & STORAGE
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<PAGE>
 
                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                 SCHEDULE 13G

                   Under the Securities Exchange Act of 1934

                              Pierce Leahy Corp.
      ------------------------------------------------------------------
                               (Name of Issuer)

                                 Common Stock
      ------------------------------------------------------------------
                        (Title of Class of Securities)

                                  720722 10 7
                       ---------------------------------
                                (CUSIP Number)



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 1 of 5 pages
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CUSIP No. 720722 10 7         13G                        Page 2 of 5 Pages


1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        Constance P. Buckley
        

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (a) [_]

                                                                (b) [_]

3  SEC USE ONLY


4  CITIZENSHIP OR PLACE OF ORGANIZATION
        United States of America
        
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH


        5  SOLE VOTING POWER
                  0

        6  SHARED VOTING POWER
                  0

        7  SOLE DISPOSITIVE POWER
                  1,090,801

        8  SHARED DISPOSITIVE POWER
                  125,503

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        1,216,304

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
        
                
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
        7.4%

12 TYPE OF REPORTING PERSON*
        IN

                     *SEE INSTRUCTION BEFORE FILLING OUT!

                               Page 2 of 5 pages
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                                  SCHEDULE 13G


ITEM 1.

1(A).  NAME OF ISSUER:  Pierce Leahy Corp.

1(B).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

          631 Park Avenue, King of Prussia, Pennsylvania 19406

ITEM 2.

2(A).  NAME OF PERSON FILING:  Constance P. Buckley

2(B).  ADDRESS OF PRINCIPAL BUSINESS OFFICE:

          c/o 631 Park Avenue, King of Prussia, Pennsylvania 19406

2(C).  CITIZENSHIP:  U.S.

2(D).  TITLE OF CLASS OF SECURITIES:  Common Stock, $.01 par value

2(E).  CUSIP NUMBER:  720722 10 7

ITEM 3.

          Not Applicable.

ITEM 4.   OWNERSHIP

          As of December 31, 1997, Constance P. Buckley beneficially owned (as
calculated in accordance with Rule 13d-3) 1,216,304 shares of Common Stock,
representing 7.4% of the Common Stock then outstanding.  All of such shares are
held in a Voting Trust pursuant to a Voting Trust Agreement dated June 24, 1997
(as amended or restated from time to time, the "Voting Trust").  The Voting
Trustees under the Voting Trust have the right to vote the shares held in the
Voting Trust.  Accordingly, Ms. Buckley has no voting power (sole or shared)
with respect to the shares beneficially owned by her.

          The beneficial owners of interests in the Voting Trust have the right
to dispose of the shares as to which they have beneficial interests.  Ms.
Buckley has a direct beneficial interest in 661,335 shares of Common Stock.  She
also has a beneficial interest in an aggregate of 152,512 shares as custodian
for the benefit of her children and an aggregate of 8,472 shares in which her
husband is custodian for the benefit of her children.  In addition, Ms. Buckley

                               Page 3 of pages 5
<PAGE>
 
beneficially owns 268,482 shares as trustee of a trust and an aggregate of
125,503 shares as co-trustee of four separate trusts.  Accordingly, Ms. Buckley
has sole power to dispose of an aggregate of 1,090,801 shares of Common Stock
she beneficially owns directly, in her or her husband's capacity as custodian
for her children or as sole trustee of a trust.  Ms. Buckley has shared power to
dispose of an aggregate of 125,503 shares of Common Stock held as co-trustee of
four separate trusts.  Ms. Buckley disclaims beneficial ownership of all shares
held by the trusts.

ITEM 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

          Not Applicable.

ITEM 6.   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

          The trusts referenced in Item 4 have the right to receive dividends
and the proceeds from the sale of the shares of Common Stock beneficially owned
by such trusts.

ITEM 7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
          SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

          Not Applicable.

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

                               Page 4 of 5 pages
<PAGE>
 
                                   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 13, 1998
                                     -------------------------------------------
                                                    Date


                                     /s/ Constance P. Buckley                   
                                     -------------------------------------------
                                                  Signature


                                         Constance P. Buckley
                                     -------------------------------------------
                                              Name/Title

                               Page 5 of 5 pages


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