SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. _________)
Monarch Avalon, Inc.
(Name of Issuer)
Common Stock, Par Value $.25 per share
(Title of Class of Securities)
609020102
(CUSIP Number)
Elizabeth R. Hughes, Esquire
Venable, Baetjer and Howard, LLP
1800 Meercantile Bank & Trust Building
2 Hopkins Plaza
Baltimore, MD 21201
(410) 244-7608
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 19, 1992
(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 [ ].
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 pages)
(Page 1 of 7 Pages)
<PAGE>
CUSIP NO.: 609020102 13D Page 2 of 7 Pages
1. NAME OF REPORTING PERSON: Mr. Jackson Y. Dott
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
UNDISCLOSED
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS: PF, OO
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION: United States
of America
NUMBER OF
SHARES 7. SOLE VOTING POWER: 467,529 shares
BENEFICIALLY
OWNED BY 8. SHARED VOTING POWER: o shares
EACH
REPORTING 9. SOLE DISPOSITIVE POWER: 467,529 shares
PERSON
WITH 10. SHARED DISPOSITIVE POWER: o shares
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 467,529 shares
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
22.1%
14. TYPE OF REPORTING PERSON: IN
<PAGE>
Item 1. Security and Issuer.
The class of equity to which this statement refers is
Common Stock, $.25 par value, of, Monarch Avalon, Inc. (the
"Issuer"), which has its principal executive office at 4517
Harford Road, Baltimore, MD 21214. The Issuer's telephone
number is (410) 254-9200.
Item 2. Identify and Background.
(a) Mr. Jackson Y. Dott ("Mr. Dott")
(b) 4517 Harford Road, Baltimore, MD 21214
(c) President, Monarch Avalon, Inc.
(d) Mr. Dott has not been convicted in a criminal
proceeding during the last five years (excluding traffic
violations or similar misdemeanors).
(e) Mr. Dott has not been a party to a civil
proceeding described in Item 2(e) of Schedule 13D during the
last five years.
(f) Mr. Dott is a citizen of the United States.
Item 3. Source and Amount of Funds or Other Consideration.
Mr. Dott has acquired Common Stock totaling 413,955
shares as gifts from Mr. A. Eric Dott.
Mr. Dott acquired beneficial ownership of 40,000 shares
of Common Stock through a grant of employee stock options
from the Issuer.
Item 4. Purpose of Transaction.
The shares reported is this Schedule 13D are held for
investment purposes. Mr. Dott intends, however, to continue
to review his investment in the Issuer on the basis of
various factors, including the Issuer's business, results of
operations, financial condition and future prospects,
conditions in the securities market, general economic and
industry conditions and individual tax and other portfolio
considerations. Based upon such review Mr. Dott will take
such action as he deems appropriate in light of the
circumstances existing from time to time. In this connection,
Mr. Dott may, subject to factors he deems relevant, purchase
or otherwise acquire additional shares from time to time in
the open market or in privately negotiated transactions or
otherwise; or sell or otherwise dispose of, shares
beneficially owned, whether now or in the future, from
time to time in the open market, in privately negotiated
transactions to one or more purchasers, or otherwise.
Mr. Dott has not at the present time formulated any
plans or proposals of the type referred to in clauses (a)
through (j) of Item 4 of Schedule 13D.
<PAGE>
Item 5. Interest in Securities of the Issuer.
(a) Aggregate Number of Shares of Common Stock
Beneficially Owned: 467,529 shares
Percentage of Class: 22.1% (as contained in the 1997
Form 10-KSB of the Issuer)
Mr. Dott has a right to acquire 40,000 shares through
the exercise of an employee stock option.
(b) Mr. Dott has sole power to vote and dispose of
the 467,529 shares set forth in Item 5(a).
(c) On October 3, 1997 Mr. Dott was granted a stock
option for 40,000 shares of Common Stock from the Issuer.
The options represent compensation from the Issuer to Mr.
Dott in his capacity as an employee of the Issuer and he
paid no cash consideration for such options. The options
are immediately exercisable, have an exercise price of two
dollars ($2.00) per share and expire on September 30, 1998.
On February 28, 1994 Mt. Dott acquired 200,000
shares of Common Stock as a gift from A. Eric Dott.
On September 19, 1992 Mr. Dott acquired 200,000
shares of Common Stock as a gift from A. Eric Dott.
(d) Mr. Dott acts as custodian of 3,000 shares of
the Issuer for which another person retains the right to
receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, such securities.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer.
Not applicable.
Item 7. Material to be filed as Exhibits.
Exhibit No. Item
3 Stock Option
<PAGE>
SIGNATURE
After reasonable inquirey 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: October 3, 1997 /s/ Jackson Y. Dott
_____________________
Jackson Y. Dott
<PAGE>
EXHIBIT INDEX
Exhibit No. Item
3 Stock Option
Exhibit 3
FURTHER RESOLVED: That Jackson Y. Dott is hereby granted, effective
October 3, 1997, subject to approval by a majority of the votes
cast on the issue at a meeting of stockholders, an option to
purchase 40,000 shares of the Company's Common Stock, $.25 par
value, for $2.00 per share (the "Stock Options"). Such option
shall be exercisable in whole or in part by written notice to
the Company, and shall expire to the extent unexercised, on
September 30, 1998.
