SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 1){1}
First International Bancorp, Inc.
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(Name of Issuer)
Common Stock, par value $.10 per share
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(Title of Class of Securities)
32054Q 10
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(CUSIP Number)
December 31, 1998
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(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)
**FOOTNOTES**
{1} 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 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>
CUSIP No. 32054Q 10 13G Page 2 of 6 Pages
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Cheryl A. Chase Marital Trust
06-6439901
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Connecticut
NUMBER OF 5 SOLE VOTING POWER
SHARES 32,039 shares (see Item 4)
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH 0 shares
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 32,039 shares (see Item 4)
WITH 8 SHARED DISPOSITIVE POWER
0 shares
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,039 shares, held on its behalf by its joint trustees,
Cheryl A. Chase and Kenneth N. Musen
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* /X/
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4%
12 TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer:
First International Bancorp, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
One Commercial Plaza
Hartford, Connecticut 06103
Item 2(a). Name of Person Filing:
Cheryl A. Chase Marital Trust (the "reporting person")
Item 2(b). Address of Principal Business Office or, if None, Residence:
c/o Chase Enterprises, Inc.
One Commercial Plaza
Hartford, Connecticut 06103
Item 2(c). Citizenship:
Connecticut
Item 2(d). Title of Class of Securities:
common stock, par value $.10 per share ("Common Stock")
Item 2(e). CUSIP Number:
32054Q 10
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:
Not applicable
Item 4. Ownership*.
(a) Amount Beneficially Owned: 32,039 shares
(b) Percent of Class: 0.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 32,039
(ii) shared power to vote or to direct the vote: 0
(iii)sole power to dispose or to direct the disposition of: 32,039
(iv) shared power to dispose or to direct the disposition of: 0
* The shares of Common Stock beneficially owned by the reporting
person are held on its behalf by its joint trustees, Cheryl A. Chase
and Kenneth N. Musen, who have the joint power to direct the vote
and the disposition of such shares on behalf of the reporting
person. No other person shares the power to vote or to direct the
disposition of such shares.
This Schedule does not relate to, and, in accordance with Rule 13d-4
under the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), the reporting person expressly declares that the filing of
this Schedule shall not be construed as an admission that it is, for
purposes of Sections 13(d) or 13(g) of the Exchange Act, the
beneficial owner of, any of (i) 815,641 shares of Common Stock, or
10.3% of the shares of Common Stock outstanding, owned as of
December 31, 1998, by Cheryl A. Chase, a trustee of the reporting
person who, together with her children, are the beneficiaries of the
reporting person, (ii) 949,047 shares of Common Stock, or 11.9% of
the shares of Common Stock outstanding, owned as of December 31,
1998, by Arnold L. Chase, the brother of Cheryl A. Chase, (iii)
138,169 shares of Common Stock, or 1.7% of the shares of Common
Stock outstanding, owned as of December 31, 1998, by David T. Chase,
the father of Arnold L. Chase and Cheryl A. Chase, (iv) 1,460,000
shares of Common Stock, or 18.4% of the shares of Common Stock
outstanding, owned as of December 31, 1998, by Rhoda L. Chase, the
mother of Arnold L. Chase and Cheryl A. Chase and the spouse of
David T. Chase, (v) 55,227 shares of Common Stock, or 0.7% of the
shares of Common Stock outstanding, owned as of December 31, 1998,
by Arnold Chase Accumulation Trust I, a trust of which Arnold L.
Chase and Stanley N. Bergman are the trustees and Arnold L. Chase
and the children of Arnold L. Chase and Sandra M. Chase are the
beneficiaries, (vi) 55,227 shares of Common Stock, or 0.7% of the
shares of Common Stock outstanding, owned as of December 31, 1998,
by Arnold L. Chase Accumulation Trust II, a trust of which Arnold L.
Chase and Stanley N. Bergman are the trustees and Arnold L. Chase
and the children of Arnold L. Chase and Sandra M. Chase are the
beneficiaries, (vii) 55,227 shares of Common Stock, or 0.7% of the
shares of Common Stock outstanding, owned as of December 31, 1998,
by Cheryl A. Chase Accumulation Trust I, a trust of which Cheryl A.
Chase and Stanley N. Bergman are the trustees and Cheryl A. Chase
and her children are the beneficiaries, (viii) 55,227 shares of
Common Stock, or 0.7% of the shares of Common Stock outstanding,
owned as of December 31, 1998, by Cheryl A. Chase Accumulation Trust
II, a trust of which Cheryl A. Chase and Stanley N. Bergman are the
trustees and Cheryl A. Chase and her children are the beneficiaries,
(ix) 1,355 shares of Common Stock, or less than 0.1% of the shares
of Common Stock outstanding, owned as of December 31, 1998, jointly
by Arnold L. Chase and Sandra M. Chase, the spouse of Arnold L.
Chase, (x) 112,522 shares of Common Stock, or 1.4% of the shares of
Common Stock outstanding, owned as of December 31, 1998, by The
Darland Trust, a trust of which Rothschild Trust Cayman Limited is
trustee and Cheryl A. Chase and her children are the beneficiaries,
or (xi) 35,000 shares of Common Stock, or 0.4% of the shares of
Common Stock outstanding, owned as of December 31, 1998, by DTC
Holdings Corporation ("DTCHC"), a company which is owned and
controlled by the Chase family as described below.
DTCHC, formerly known as American Ranger, Inc., is a wholly-owned
subsidiary of D.T. Chase Enterprises, Inc. ("DTCE"), a holding
company for various Chase family interests. David T. Chase, Arnold
L. Chase and Cheryl A. Chase are the directors and executive
officers of DTCHC and the directors and three of the executive
officers of DTCE. All of the outstanding stock of DTCE is owned by
David T. Chase (33.95%), Rhoda L. Chase (2.21%), Arnold L. Chase
(9.34%), Cheryl A. Chase (14.74%), Arnold Chase Accumulation Trust
I (5.07%), Arnold Chase Accumulation Trust II (7.54%), five trusts
for the benefit of Arnold L. Chase's children, of which Stanley N.
Bergman and Arnold L. Chase are co-trustees (7.55% in the aggregate),
Cheryl A. Chase Accumulation Trust I (4.79%), Cheryl A. Chase
Accumulation Trust II (7.27%) and five trusts for the benefit of
Cheryl A. Chase's children, of which Stanley N. Bergman and Cheryl A.
Chase are co-trustees (7.55% in the aggregate).
This filing is being made because of the relationships between the
reporting person and the other persons named in this Item. The
reporting person has not agreed to act together with any of the
foregoing persons or with any other person or entity for the purpose
of acquiring, holding, voting or disposing of shares of Common Stock
and the reporting person disclaims membership in any "group" with
respect to the Common Stock for purposes of Section 13(d)(3) of the
Exchange Act and Rule 13d-5(b)(1) thereunder.
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.
Cheryl A. Chase and Kenneth N. Musen, as joint trustees of the
reporting person, share the right to direct the receipt of dividends
from and the proceeds of the sale of the 32,039 shares of Common Stock
owned by the reporting person, a trust of which Cheryl A. Chase and
her children are the beneficiaries.
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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SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief,
the reporting person certifies that the information set forth in this
statement is true, complete and correct.
Dated: January 27, 1999
Cheryl A. Chase Marital Trust
By: /s/ Cheryl A. Chase
-----------------------------
Name: Cheryl A. Chase
Title: Trustee
