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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. -)<F*>
UNIFIED HOLDINGS, INC.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
Not Applicable
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(CUSIP Number)
[FN]
<F*>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).
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CUSIP No. N/A 13G Page 2 of 4 Pages
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1 NAMES OF REPORTING PERSONS/
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Thomas G. Napurano
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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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NUMBER OF 5 SOLE VOTING POWER
SHARES 68,110.789
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
0
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7 SOLE DISPOSITIVE POWER
68,110.789
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
68,119.789
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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)
6.6%
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12 TYPE OF REPORTING PERSON
IN
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CUSIP NO. N/A Page 3 of 4 Pages
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ITEM 1. (a) Name of Issuer:
Unified Holdings, Inc.
(b) Address of Issuer's Principal Executive Offices:
429 North Pennsylvania Street
Indianapolis, Indiana 46204-1873
ITEM 2. (a) Name of Person Filing:
Thomas G. Napurano
(b) Address of Principal Business Offices or, if none,
Residence:
429 North Pennsylvania Street
Indianapolis, Indiana 46204-1873
(c) Citizenship:
United States
(d) Title of Class of Securities:
Common Stock, $.01 par value
(e) CUSIP Number:
Not Applicable.
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR
13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
(a) [/ / / / / /] Broker or Dealer registered under Section 15
of the Act
(b) [/ / / / / /] Bank as defined in Section 3(a)(6) of the Act
(c) [/ / / / / /] Insurance Company as defined in Section
3(a)(19) of the Act
(d) [/ / / / / /] Investment Company registered under Section
8 of the Investment Company Act
(e) [/ / / / / /] Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940
(f) [/ / / / / /] Employee Benefit Plan, Pension Fund which
is subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see Sec./ /
240.13d-1(b)(1)(ii)(F)
(g) [/ / / /] Parent Holding Company, in accordance with
Sec./ /240.13d-1(b)(ii)(G)
(h) [/ / / / / /] Group, in accordance with
Sec./ /240.13d-1(b)(1)(ii)(H)
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned:
68,110.789
(b) Percent of Class<F*>
6.6%
(c) Number of shares as to which such person has:
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CUSIP NO. N/A Page 4 of 4 Pages
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(i) Sole power to vote or to direct the vote
68,110.789
(ii) Shared power to vote or to direct the vote
0
(iii) Sole power to dispose or to direct the
disposition of
68,110.789
(iv) Shared power to dispose or to direct the
disposition of
0
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.
Not Applicable.
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.
[FN]
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<F*>Computational Note: Based upon 1,027,776 shares of the Company's Common
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Stock, $.01 par value, issued and outstanding as of December 31, 1997.
ITEM 10. CERTIFICATION.
Not Applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth on this statement is true, complete and
correct.
January 22, 1998
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Date
/s/ Thomas G. Napurano
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Signature
Thomas G. Napurano
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Name/Title