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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____________) *
A.C. MOORE ARTS & CRAFTS, INC.
(Name of Issuer)
Common Stock, no par value
(Title of Securities)
00086T 10 3
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting persons'
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 for the remainder of this cover page shall not be
deemed to be "filled" 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. 00086T 10 3 SCHEDULE 13G Page 2 of 4 Pages
________________________________________________________________________________
1 | NAME OF REPORTING PERSONS
| John E. Parker
|
| I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
________|_______________________________________________________________________
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
|
________|_______________________________________________________________________
| 5 | SOLE VOTING POWER
| | 2,150,000 shares
|-----|----------------------------------------------------------
NUMBER OF | |
SHARES | 6 | SHARED VOTING POWER
BENEFICIALLY |_____|__________________________________________________________
OWNED BY | |
EACH | 7 | SOLE DISPOSITIVE POWER
REPORTING | | 2,150,000 shares
PERSON WITH |_____|__________________________________________________________
| |
| 8 | SHARED DISPOSITIVE POWER
_______________|_____|__________________________________________________________
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 2,150,000 shares
_______|________________________________________________________________________
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
| CERTAIN SHARES (See Instructions) N/A
_______|________________________________________________________________________
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
| 29.0%
_______|________________________________________________________________________
12 | TYPE OF REPORTING PERSON
| IN
_______|________________________________________________________________________
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CUSIP No. 00086T 10 3 SCHEDULE 13G Page 3 of 4 Pages
________________________________________________________________________________
Item 1.
(a) Name of Issuer
A.C. Moore Arts & Crafts, Inc.
(b) Address of Issuer's Principal Executive Offices
500 University Court, Blackwood, NJ 08012
Item 2.
(a) Name of Person Filing
John E. Parker
(b) Address of Issuer's Principal Business Office or, if
none, Residence
500 University Court, Blackwood, NJ 08012
(c) Citizenship
United States of America
(d) Title of Class of Securities
Common Stock, no par value
(e) CUSIP Number
00086T 10 3
Item 3.
Not Applicable
Item 4. Ownership
(a) As of December 31, 1997, Mr. John Parker beneficially owned
2,150,000 shares of Common Stock of the Issuer.
The filing of this Statement shall not be construed as an
admission that John Parker is, for purposes of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of the equity securities
covered by this statement or that he is required to file this statement.
(b) The shares of Common Stock of the Issuer beneficially owned by
John Parker represent 29.0% of the outstanding Common Stock of
the Issuer.
(c) John Parker (i) has the sole power to vote or to direct the
vote of 2,150,000 shares of Common Stock of the Issuer; (ii)
has shared power to vote or direct the vote of 0 shares of
Common Stock of the Issuer; (iii) has sole power to dispose or
direct the disposition of 2,150,000 shares of Common Stock of
the Issuer; and (iv) has shared power to dispose or to direct
the disposition of 0 shares of Common Stock of the Issuer.
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CUSIP No. 00086T 10 3 SCHEDULE 13G Page 4 of 4 Pages
________________________________________________________________________________
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
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 in this statement is true, complete and
correct.
Dated: February 17, 1998
/s/ John E. Parker
--------------
John E. Parker
