SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 13)
CHESAPEAKE CORPORATION
(Name of Issuer)
COMMON STOCK, 1.00 par value
(Title of Class of Securities)
165159-10-4
(CUSIP Number)
Check the following box if a fee is being paid with this
statement:
1) Names of Reporting Persons S.S. or I.R.S. Identification
Nos. of Above Persons
Sture G. Olsson
2) Check the appropriate Box if a Member of a Group
(a)
(b)
3) SEC Use Only
4) Citizenship or Place of Organization U.S.
Number of (5) Sole Voting Power 949,474
Shares Bene-
ficially (6) Shared Voting Power 1,161,080 (See
Owned by No. 9 below)
Each Repor- (7) Sole Dispositive Power 1,414,354
ting Person
With (8) Shared Dispositive Power 1,014,614 (See
No. 9 below)
9) Aggregate Amount Beneficially Owned by Each Reporting Person
2,488,968 The filing of this statement shall not be construed
as an admission that Mr. Olsson is, for purposes of Sections
13(d) or (13(g) of the Securities Exchange Act of 1934, the
beneficial owner of the shares listed on lines 6 or 8.
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
11) Percent of Class Represented by Amount in Row (9) 10.58%
12) Type of Reporting Person IN
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13-G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Item 1(a) Name of Issuer:
CHESAPEAKE CORPORATION
Item 1(b) Address of Issuer's Principal Executive Offices:
James Center, Box 2350, Richmond, Virginia 23218-
2350
Item 2(a) Name of Person Filing:
Sture G. Olsson
Item 2(b) Address of Principal Business Office or, if None,
Residence:
Chesapeake Corporation, James Center, Box 2350,
Richmond, Virginia 23218-2350
Item 2(c) Citizenship:
United States
Item 2(d) Title of Class of Securities:
Common Stock ($1.00 par)
Item 2(e) CUSIP Number:
165159 10 4
Item 3 If these statements are filed pursuant to Rules
13-1(b) or 13d-2(b):
Not applicable
Item 4 Ownership
(a) Amount Beneficially Owned: 2,488,968
(b) Percent of Class: 10.58%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote - 949,474
(ii) shared power to vote or to direct
the vote - 1,161,080*
(iii) sole power to dispose of or to
direct the disposition of -
1,414,354
(iv) shared power to dispose of or to
direct the disposition of -
1,014,614*
*The filing of this statement shall not be construed as
an admission that Sture G. Olsson is, for the purposes
of Section 13(d) or 13(g) of the Securities Exchange
Act of 1934, the beneficial owner of the 1,161,080
shares described in Item 4(c)(ii) or the 1,014,614
shares described in Items 4(c)(iv).
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:
Crestar Bank and Sture G. Olsson are co-trustees of
certain trusts which hold: 206,090 of the 949,474
shares described in Item 4(c)(i); 771,630 of the
1,161,080 shares described in Item 4(c)(ii); 594,530 of
the 1,414,354 shares described in Item 4(c)(iii); and
383,190 of the 1,014,614 shares described in Item
4(c)(iv). Other persons have the right to receive or
the power to direct the receipt of dividends from, or
the proceeds from the sale of: 530,000 of the remaining
743,384 shares described in Item 4(c)(i); the remaining
389,450 shares described in Item 4(c)(ii); 606,440 of
the remaining 819,824 shares described in Item
4(c)(iii); and the remaining 631,424 shares described
in Item 4(c)(iv).
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 as of
December 31, 1993.
Dated: 2/3/94 /s/ Sture G. Olsson
Sture G. Olsson
Name/Title
<PAGE>
STURE G. OLSSON
Schedule 13-G
Summary of Item 4(c)
(i) Sole Power to vote or to direct the vote:
Name Amount
Sture G. Olsson 213,384
Signe Maria Olsson Trust (1966) 206,090
Inga Residuary Trust (Nylander) 470,000
Elis Olsson Memorial Foundation 60,000
Total (i) 949,474
(ii) Shared Power to vote or direct the vote:
Name Amount
Inga Olsson Trust (Nylander) 136,440
S. G. O. Trust 136,440
Signe Olsson Trust 383,190
Elis Olsson Trust 252,000
Shirley C. Olsson 37,010
S. G. Olsson Trust (1976) 216,000
Total (ii) 1,161,080
(iii) Sole Power to dispose of or to direct the
disposition of:
Name Amount
Sture G. Olsson 213,384
Inga Olsson Trust (Nylander) 136,440
S. G. O. Trust 136,440
Signe Maria Olsson Trust (1966) 206,090
Elis Olsson Trust 252,000
Inga Residuary Trust (Nylander) 470,000
Total (iii) 1,414,354
(iv) Shared Power to dispose or to direct the
disposition of:
Name Amount
Signe Olsson Trust 383,190
Shirley C. Olsson 37,010
Carl Olsson Trust 174,114
Carl Olsson Residuary Trust 204,300
S. G. O. Trust (1976) 216,000
Total (iv) 1,014,614
Summary of Item 6
Shares held by Crestar Bank and SGO as co-fiduciaries:
Name Amount
Inga Olsson Trust (Nylander) 136,440
Elis Olsson Trust 252,000
Signe Maria Olsson Trust (1966) 206,090
Signe Olsson Trust 383,190
Item 6 Total 977,720
NOTE: Shares listed under the "right to receive or the power
to direct the receipt of dividends from, or the
proceeds from the sale of" shares in response to Item 6
include all shares except the 213,384 shares held by
Sture G. Olsson in his name.
<PAGE>
OLSSONS' HOLDINGS OF CHESAPEAKE COMMON STOCK
AS OF DECEMBER 31, 1993
NO.
NAME AS REGISTERED SHARES
Sture G. Olsson 213,384
(1) Shirley C. Olsson 37,010
(6) State Planters Bank of Commerce and Trusts
and Sture G. Olsson, TRS UI 11/20/58
Elis Olsson FBO Inga Olsson Nylander & Others,
Trust #1 (Acct. 3098) 136,440
(7) State Planters Bank of Commerce and Trusts,
TR UTI Trust #2, 11/20/58 FBO Carl A. Olsson
and Sture G. Olsson
(Acct. 3099X) 174,114
(8) HAMAC (2/16/72)
State Planters Bank of Commerce and Trusts,
TR UI 11/20/58 Elis Olsson FBO Sture G.
Olsson & Others, Trust #3
(Acct. #3100) 136,440
(9) HAMAC
Sture G. Olsson and State Planters Bank, Co-TRS.
U/A Signe Maria Olsson
(Acct. #4497) 383,190
(11) HAMAC
Sture G. Olsson and State Planters Bank,
Co-Trustees Residual Est. of Elis Olsson
(Acct. #3259B) 252,000
(12) HAMAC
Sture G. Olsson, Exr. Est. of Inga Olsson Nylander
(S.G.O., Trustee U/W I.O.N. for benefit of S.G.O.
Children) 470,000
(13) HAMAC
State Planters Bank, Trustee, Residual Trust
C. A. Olsson, Trust B
(Acct. #3571-B) 204,300
(14) HAMAC
United Virginia Bank, Trustee under Agreement
with S. G. Olsson dated 12/15/76 (Irrevocable
10-yr. term trust FBO wife and children) 216,000
(15) Elis Olsson Memorial Foundation 60,000
NO.
NAME AS REGISTERED SHARES
(19) Sture G. Olsson and United Virginia Bank, TR UA
6/16/66 with Signe Maria Olsson
(a) FBO Sture G. Olsson 103,050
(b) FBO Lisa Olsson 25,760
(c) FBO Anne Olsson 25,760
(d) FBO Inga O. Rogers 25,760
(e) FBO C. Elis Olsson 25,760 206,090
2,488,968
RI-CS
T:\jhm\ches\annmeet\form13g.93
