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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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)
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HANOVER CAPITAL MORTGAGE HOLDINGS, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
410761 10 0
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(CUSIP Number)
DECEMBER 31, 1998
- --------------------------------------------------------------------------------
(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)
[ ] Rule 13d-1(d)
- ---------------
(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).
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CUSIP NO. 410761 10 0 13G PAGE 2 OF 6 PAGES
--------------------- ----- -----
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
JOHN A. BURCHETT
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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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(5) SOLE VOTING POWER
NUMBER OF 412,277
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY -0-
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 412,277
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(8) SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
412,277
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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
6.37%
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(12) TYPE OF REPORTING PERSON*
INDIVIDUAL
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 3 of 6 Pages
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Item 1. (a). Name of Issuer:
HANOVER CAPITAL MORTGAGE HOLDINGS, INC.
(b). Address of Issuer's Principal Executive Offices:
90 WEST STREET, SUTIE 1502
NEW YORK, NEW YORK 10006
Item 2. (a). Name of Person Filing:
JOHN A. BURCHETT
(b). Address of Principal Business Office:
90 WEST STREET, SUITE 1508
NEW YORK, NEW YORK 10006
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Page 4 of 6 Pages
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Item 2. (c). Citizenship:
UNITED STATES
(d). Title of Class of Securities:
COMMON STOCK, PAR VALUE $.01 PER SHARE
(e). CUSIP Number:
410761 10 0
Item 3. This statement is filed pursuant to Rule by
Item 4. Ownership.
(a). Amount Beneficially Owned
As of December 31, 1998, John A. Burchett beneficially owned
412,277 shares of Issuer's Common Stock. Of such amount,
3,000 shares are held by Mr. Burchett's children, 1,000
warrants are owned by Mr. Burchett's children and Mr.
Burchett owns 1,000 warrants.
(b). Percent of Class:
6.37%
(c). Number of Shares as to which John A. Burchett has:
(i) sole power to vote or to direct the vote
412,277
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the
disposition of
412,277
(iv) shared power to dispose or to direct the
disposition of
<PAGE> 5
Page 5 of 6 Pages
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Item 5. Ownership of Five Percent or Less of a Class:
N/A
Item 6. Ownership of More Than Five Percent on Behalf of Another
Person:
N/A
Item 7. Identification and Classification of Subsidiaries which
Acquired the Security Being Reported on by the Parent
Holding Company:
N/A
Item 8. Identification and Classification of Members of the Group:
N/A
<PAGE> 6
Page 6 of 6 Pages
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Item 9. Notice of Dissolution of Group:
N/A
Item 10. Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
in the ordinary course of business and were not acquired for
the purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in
any transaction having such purpose or effect.
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.
By: /s/ JONH A. BURCHETT
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Name: John A. Burchett
Title: President, CEO
Dated: February 16, 1999
