UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ____)*
WASTE INDUSTRIES, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
941058 10 9
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(CUSIP Number)
*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 disclosures provided in a prior cover page.
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).
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Page 2 of 4
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1. Name of Reporting Person
I.R.S. Identification No. of Above Person (entities only)
Genesis Grantor Retained Annuity Trust, Maxine S. Poole, Trustee
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) ____
Not Applicable (b) ____
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3. SEC Use Only
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4. Citizenship or Place of Organization
North Carolina
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5. Sole Voting Power
Number of 3,200,000
Shares ________________________________________
Beneficially 6. Shared Voting Power
Owned By
Each 0
Reporting ________________________________________
Person 7. Sole Dispositive Power
With
3,200,000
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8. Shared Dispositive Power
0
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9. Aggregate Amount Beneficially Owned by Each
Reporting Person
3,200,000
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10. Check if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions)
Not Applicable
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11. Percent of Class Represented by Amount in Row (9)
27.8%
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12. Type of Reporting Person (See Instructions)
OO
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Page 3 of 4
Item 1(a) Name of Issuer
Waste Industries, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices
3949 Browning Place, Raleigh, NC 27609
Item 2(a) Name of Person Filing
Genesis Grantor Retained Annuity Trust, Maxine S. Poole,
Trustee
Item 2(b) Address of Principal Business Office, or, if None, Residence
101 Ramblewood Drive, Raleigh, NC 27609
Item 2(c) Citizenship
See Row (4) on Page 2
Item 2(d) Title of Class of Securities
See Cover Page
Item 2(e) CUSIP Number
See Cover Page
Item 3. Filing Pursuant to Rules 13d-1(b) or 13d-2(b)
Not Applicable
Item 4. Ownership
(a) See Row (9) on Page 2
(b) See Row (11) on Page 2
(c) The Reporting Person retains sole voting and
dispositive power of all shares.
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
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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
Item 10. Certification
Not Applicable
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Page 4 of 4
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.
2/12/98
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Date
/s/ Maxine S. Poole
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Genesis Grantor Retained Annuity Trust, Maxine S. Poole, Trustee
