<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Brown-Forman Corporation
________________________________________________________________________________
(Name of Issuer)
Class A Common Stock
________________________________________________________________________________
(Title of Class of Securities)
115637-10-0
_______________________________________________________________
(CUSIP Number)
James S. Welch (502)582-1601
Ogden Newell & Welch
1200 One Riverfront Plaza, Louisville, KY 40202
________________________________________________________________________________
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
N/A
_______________________________________________________________
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].
Check the following box if a fee is being paid with the statement [_]. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
* The remainder of this cover page shall be filed 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).
(Continued on following page(s))
Page 1 of 5 Pages
<PAGE>
- ----------------------- ---------------------
CUSIP No. 115637-10-0 13D Page 2 of 5 Pages
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Laura Lee Brown
###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
N/A
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
N/A
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States of America
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
1,360,910
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
1,360,910
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,360,910
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
4.69%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14 IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
BROWN-FORMAN CORPORATION
SCHEDULE 13D
Laura Lee Brown
Item 1. Security and Issuer:
Class A Common Stock
Brown-Forman Corporation
850 Dixie Highway
Louisville, KY 40210
Item 2. Identity and Background:
(a) Name:
Laura Lee Brown
(b) Residence or business address:
7001 U.S. Highway 42
Louisville, KY 40222
(c) Present principal occupation or employment and
employer information:
None.
(d) Criminal Convictions in last five years:
None.
(e) Civil proceedings in last five years leading to
finding of violation of federal or state securities
laws:
None.
(f) Citizenship:
United States of America.
Item 3. Source and Amount of Funds or Other Consideration:
Not Applicable.
Page 3 of 5
<PAGE>
Item 4. Purpose of Transaction:
Due to the emancipation of certain minors, relieving the
undersigned of beneficial ownership of the shares they
hold either directly or through certain trusts, my
beneficial share ownership of the Class A common stock of
Brown-Forman Corpration has dropped below 5%.
Item 5. Interest in Securities of the Issuer:
(a)(i) Amount Beneficially Owned: 1,360,910
(ii) Percent of Class: 4.69%
(b)(i) Sole Voting Power: 0
(ii) Shared Voting Power: 1,360,910
(iii) Sole Dispositive Power: 0
(iv) Shared Dispositive Power: 1,360,910
(v) Persons Sharing Voting and Disposal Power:
The undersigned, as a member of the Advisory
Committee to Trusts under the Will of her
mother, Gertrude Brown Albrecht, shares voting
and disposal powers over 46,116 shares of
Brown-Forman Corporation Class A common stock
and, as a member of the Advisory Committee to
Trusts under the Will of her father, George
Garvin Brown, shares voting and disposal powers
over 591,315 shares of Brown-Forman
Corporation, Class A common stock, in each
instance.
(1)(A) George Garvin Brown III
(B) c/o Transtek
National City Tower
Louisville, KY 40202
(C) Chairman of the Board of Transportation
Technologies, Inc.
(2)(A) Owsley Brown II
(B) Brown-Forman Corporation
850 Dixie Highway
Louisville, KY 40210
Page 4 of 5
<PAGE>
(C) Chairman of the Board and Chief
Executive Officer, Brown-Forman
Corporation
Neither Mr. G. Garvin Brown nor Mr. Owsley Brown II
has been convicted of a criminal offense or been
found liable in a civil action involving securities
laws in the last five years. Both are United States
citizens.
(c) Transactions in Past Sixty Days:
None.
(d) Others Known to Have Power to Direct Receipt of
Dividends or Sale Proceeds:
None.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer:
None.
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.
April 25, 1996
- ------------------------------
/s/ Laura Lee Brown
- ------------------------------
Signature
Laura Lee Brown
- ------------------------------
Name/Title
Page 5 of 5
