SECURITIES & 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 13d-2(b)
TOM BROWN, INC.
(Name of Issuer)
Common Stock, par value $.10 per share
(Title of Class of Securities)
115660201
(CUSIP Number)
January 1, 1998
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 11 Pages)
________________
*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 purposes 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).
CUSIP No. 115660201 13G Page 2 of 12 Pages
___________________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Austin, Calvert & Flavin, Inc.
___________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
___________________________________________________________________________
(3) SEC USE ONLY
___________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
___________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,534,625
OWNED BY ___________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,534,625
___________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,534,625
___________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
___________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
8.7%
___________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
IA CO
___________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 115660201 13G Page 3 of 12 Pages
___________________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Encino Partners, L.P.
___________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
___________________________________________________________________________
(3) SEC USE ONLY
___________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
___________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
200,000
OWNED BY ___________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
200,000
___________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
200,000
___________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
___________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.7%
___________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
PN
___________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 115660201 13G Page 4 of 12 Pages
___________________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Edward H. Austin, Jr.
___________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
___________________________________________________________________________
(3) SEC USE ONLY
___________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
___________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
209,400
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,734,625
OWNED BY ___________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
209,400
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,734,625
___________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,944,025
___________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
___________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
10.1%
___________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
IN
___________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 115660201 13G Page 5 of 12 Pages
__________________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Jonathan C. Calvert
___________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
___________________________________________________________________________
(3) SEC USE ONLY
___________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
___________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
5,500
SHARES _____________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,734,625
OWNED BY ___________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
5,500
REPORTING _____________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,734,625
___________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,740,125
___________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
___________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.4%
___________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
IN
___________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 115660201 13G Page 6 of 12 Pages
___________________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Harry M. Flavin
___________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
___________________________________________________________________________
(3) SEC USE ONLY
___________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
___________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
10,100
SHARES _____________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,734,625
OWNED BY ___________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
10,100
REPORTING _____________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,734,625
___________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,744,725
___________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
___________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.4%
___________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
IN
___________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 115660201 13G Page 7 of 12 Pages
___________________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Fred B. Labatt
___________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
___________________________________________________________________________
(3) SEC USE ONLY
___________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
___________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
6,000
SHARES _____________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
200,000
OWNED BY ___________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
6,000
REPORTING _____________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
200,000
___________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
206,000
___________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
___________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
.7%
___________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
IN
___________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 115660201 13G Page 8 of 12 Pages
Item 1(a). Name of Issuer:
The name of the issuer is Tom Brown, Inc. (the "Company").
Item 1(b). Address of Issuer's Principal Executive Offices:
The Company's principal executive offices are located at 508 West Wall,
Empire Plaza Building, Midland, TX 79701.
Item 2(a). Name of Person Filing:
This Schedule is filed on behalf of (i) Austin, Calvert & Flavin, Inc.
("AC&F") in connection with shares held in discretionary accounts
managed by it("AC&F Shares"),(ii) Encino Partners, L.P. ("Encino"), a
limited partnership whose general partners are Edward H. Austin, Jr.,
Jonathan C. Calvert, Harry M. Flavin and Fred B. Labatt, of which
Messrs. Austin, Calvert and Flavin are principals of AC&F, in
connection with shares owned by it ("Encino Shares")(iii) Edward H.
Austin, Jr., in connection with shares owned directly by Mr. Austin,
shares owned by family members of Mr. Austin, AC&F Shares and Encino
Shares, (iv) Jonathan C. Calvert, in connection with shares owned
directly by Mr. Calvert, AC&F Shares and Encino Shares, (v) Harry M.
Flavin, in connection with shares owned directly by Mr. Flavin, AC&F
Shares and Encino Shares, (vi) Fred B. Labatt in connection with
shares owned directly by Mr. Labatt and Encino Shares.
The foregoing persons are hereinafter sometimes
collectively referred to as the "Reporting Persons." Any
disclosures herein with respect to persons other than the
Reporting Persons are made on information and belief after
making inquiry to the appropriate party.
Item 2(b). Address of Principal Business Office or, if None, Residence:
The address of the business office of each of the Reporting Persons is
112 East Pecan, Suite 2800, San Antonio, TX 78205.
Item 2(c). Citizenship:
AC&F is a corporation organized under the laws of the State of Texas.
Encino is a limited partnership organized under the laws of Delaware.
Messrs. Austin, Calvert, Flavin and Labatt are United States citizens.
CUSIP No. 115660201 13G Page 9 of 12 Pages
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.10 (the "Common Stock")
Item 2(e). CUSIP Number:
115660201
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:
(a) [ ] Broker or dealer registered under Section 15 of the
Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of
the Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940,
(e) [ ] Investment Adviser in accordance with Rule
13d-1(b)(1)(ii)(E),
(f) [ ] Employee Benefit Plan or Endowment Fund in accordance
with 13d-1 (b)(1)(ii)(F),
(g) [ ] Parent Holding Company or control person in accordance
with Rule 13d-1 (b)(1)(ii)(G),
(h) [ ] Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act,
(i) [ ] Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act of 1940,
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to 13d-1(c), check this box: [x]
Item 4. Ownership.
A. Austin, Calvert & Flavin, Inc.
(a) Amount beneficially owned: 2,534,625
(b) Percent of class: 8.7% The percentages used herein and in
the rest of Item 4 are calculated based upon the 29,242,979 shares of Common
Stock issued and outstanding as of March 20, 1998 as reflected in the
Company's form 10-K for the period ending December 31, 1997.
CUSIP No. 115660201 13G Page 10 of 12 Pages
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,534,625
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 2,534,625
B. Encino Partners, L.P.
(a) Amount beneficially owned: 200,000
(b) Percent of class: 0.7%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 200,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 200,000
C. Edward H. Austin, Jr.
(a) Amount beneficially owned: 2,944,025
(b) Percent of class: 10.1%
(c)(i) Sole power to vote or direct the vote: 209,400
(ii) Shared power to vote or direct the vote: 2,734,625
(iii) Sole power to dispose or direct the disposition: 209,400
(iv) Shared power to dispose or direct the disposition: 2,734,625
D. Jonathan Calvert
(a) Amount beneficially owned: 2,740,125
(b) Percent of class: 9.4%
(c)(i) Sole power to vote or direct the vote: 5,500
(ii) Shared power to vote or direct the vote: 2,734,625
(iii) Sole power to dispose or direct the disposition: 5,500
(iv) Shared power to dispose or direct the disposition: 2,734,625
E. Harry M. Flavin
(a) Amount beneficially owned: 2,744,725
(b) Percent of class: 9.4%
(c)(i) Sole power to vote or direct the vote: 10,100
(ii) Shared power to vote or direct the vote: 2,734,625
(iii) Sole power to dispose or direct the disposition: 10,100
(iv) Shared power to dispose or direct the disposition: 2,734,625
F. Fred B. Labatt
(a) Amount beneficially owned: 206,000
(b) Percent of class: 0.7%
(c)(i) Sole power to vote or direct the vote: 6,000
(ii) Shared power to vote or direct the vote: 200,000
(iii) Sole power to dispose or direct the disposition: 6,000
(iv) Shared power to dispose or direct the disposition: 200,000
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
CUSIP No. 115660201 13G Page 11 of 12 Pages
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
No person other than each respective record owner of shares is known
to have the right to receive or the power to direct the receipt of
dividends from, or the proceeds of sale of, such shares.
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.
Each of the Reporting Persons hereby makes the following
certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that
purpose or effect.
CUSIP No. 115660201 13G Page 12 of 12 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
DATED: April 9, 1998 /s/ JONATHAN C. CALVERT
Jonathan C. Calvert, as
President of
Austin, Calvert & Flavin, Inc.
/s/ HARRY M. FLAVIN
Harry M. Flavin, as
General Partner of
Encino Partners, L.P.
/s/ EDWARD H. AUSTIN, JR.
Edward H. Austin, Jr.
/s/ JONATHAN C. CALVERT
Jonathan C. Calvert
/s/ HARRY M. FLAVIN
Harry M. Flavin
/s/ FRED B. LABATT
Fred B. Labatt
