UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
James Michael Wilson
222 Smallwood Village Center
St. Charles, MD 20602
2. Date of Event Requiring Statement (Month/Day/Year)
10/5/98
3. I.R.S. or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
American Community Properties Trust (APO)
5. Relationship of Reporting Person to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner [X] Officer (give title below) [X] Other
(specify below) Chairman and Chief Executive Officer, Trustee
6. If Amendment, Date of Original (Month/Day/Year)
10/5/98
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<CAPTION>
Table I Non-Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of 3. Ownership Form: 4. Nature of Indirect
Securities Direct(D) or Beneficial Ownership
Beneficially Owned Indirect(I)
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<S> <C> <C> <C>
Common Stock 86,397 D
Common Stock 256,831 I Director of Interstate
Business Corporation
Common Stock 81,845 I Director of Wilson
Securities Corporation
Common Stock 3,736 I General Partner of
Wilson Family Limited
Partnership
<CAPTION>
Table II Derivative Securities Beneficially Owned
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1. Title of Derivative Security 2. Date Exercisable 3. Title and Amount of 4. Conver- 5. Ownership 6. Nature of
and Expiration Date Securities Underlying sion or Form of Indirect
(Month/Day/Year) Derivative Security Exercise Derivative Beneficial
Price of Security Ownership
Date Expira- Amount or Deri- Direct(D)
Exer- tion Number of vative or
cisable Date Title Shares Security Indirect(I)
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<S> <C> <C> <C> <C> <C> <C> <C>
Explanation of Responses:
</TABLE>
SIGNATURE OF REPORTING PERSON
/s/ James Michael Wilson
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DATE: April 13, 1999
