ADAMS EXPRESS CO
SC 13G, 1999-02-09
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                               UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549
                                     
                               SCHEDULE 13G
                                     
                 Under the Securities Exchange Act of 1934
                                     
                                     
                           (Amendment No. _____)
                                     
                                     
                         THE ADAMS EXPRESS COMPANY
                             (Name of Issuer)
                                     
                               Common Stock
                      (Title of Class of Securities)
                                     
                                 006212104
                              (CUSIP Number)
                                     
                             January 26, 1999
          (Date of Event which Requires Filing of this Statement)
                                     
                                     
                                     
                                     
     Check the appropriate box to designate the rule pursuant to which
     this Schedule is filed:
     
               [ ]   Rule 13d-1(b)
     
               [X]   Rule 13d-1(c)
     
               [ ]   Rule 13d-1(d)
     
     
     *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 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).
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 2 of 15


 1    Name of Reporting Person                          Erik E. Bergstrom
      
      IRS Identification No. of Above Person

 2    Check the Appropriate Box if a member of a Group            (a) [ ]
        
                                                                  (b) [x]
 3    SEC USE ONLY
      
 4    Citizenship or Place of Organization                            USA
      
   NUMBER OF        5    Sole Voting Power                              0
     SHARES              
  BENEFICIALLY
 OWNED BY EACH
   REPORTING
  PERSON WITH
                    6    Shared Voting Power                    2,943,406
                         
                    7    Sole Dispositive Power                         0
                         
                    8    Shared Dispositive Power               2,943,406
                         
  9    Aggregate Amount Beneficially Owned by Each Reporting
       Person 							2,943,406
       
 10    Check Box if the Aggregate Amount in Row (9) Excludes Certain
       Shares                                                        [x]*
       
 11    Percent of Class Represented by Amount in Row 9               5.7%
       
 12    Type of Reporting Person                                        IN
       

*See response to Item 4.
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 3 of 15


 1    Name of Reporting Person
			 Erik E. Bergstrom Living Trust U/A Dated 12/6/74
      
      IRS Identification No. of Above Person

 2    Check the Appropriate Box if a member of a Group            (a) [ ]
      
                                                                  (b) [x]
 3    SEC USE ONLY
      
 4    Citizenship or Place of Organization                     California
      
   NUMBER OF        5    Sole Voting Power                              0
     SHARES              
  BENEFICIALLY
 OWNED BY EACH
   REPORTING
  PERSON WITH
                    6    Shared Voting Power                      795,500
                         
                    7    Sole Dispositive Power                         0
                         
                    8    Shared Dispositive Power                 795,500
                         
  9    Aggregate Amount Beneficially Owned by Each Reporting
       Person							  795,500
       
 10    Check Box if the Aggregate Amount in Row (9) Excludes Certain
       Shares                                                         [ ]
       
 11    Percent of Class Represented by Amount in Row 9               1.5%
       
 12    Type of Reporting Person                                        OO
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 4 of 15


 1    Name of Reporting Person                         Edith H. Bergstrom
      
      IRS Identification No. of Above Person

 2    Check the Appropriate Box if a member of a Group            (a) [ ]
      
                                                                  (b) [x]
 3    SEC USE ONLY
      
 4    Citizenship or Place of Organization                            USA
      
   NUMBER OF        5    Sole Voting Power                              0
     SHARES              
  BENEFICIALLY
 OWNED BY EACH
   REPORTING
  PERSON WITH
                    6    Shared Voting Power                        4,800
                         
                    7    Sole Dispositive Power                         0
                         
                    8    Shared Dispositive Power                   4,800
                         
  9    Aggregate Amount Beneficially Owned by Each Reporting Person 4,800
       
 10    Check Box if the Aggregate Amount in Row (9) Excludes Certain
       Shares                                                         [ ]
       
 11    Percent of Class Represented by Amount in Row 9               0.0%
       
 12    Type of Reporting Person                                        IN
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 5 of 15


 1    Name of Reporting Person
		        Edith H. Bergstrom Living Trust U/A Dated 12/6/74
      
      IRS Identification No. of Above Person

 2    Check the Appropriate Box if a member of a Group            (a) [ ]
      
                                                                  (b) [x]
 3    SEC USE ONLY
      
 4    Citizenship or Place of Organization                     California
      
   NUMBER OF        5    Sole Voting Power                              0
     SHARES              
  BENEFICIALLY
 OWNED BY EACH
   REPORTING
  PERSON WITH
                    6    Shared Voting Power                        4,800
                         
                    7    Sole Dispositive Power                         0
                         
                    8    Shared Dispositive Power                   4,800
                         
  9    Aggregate Amount Beneficially Owned by Each Reporting Person 4,800
       
 10    Check Box if the Aggregate Amount in Row (9) Excludes Certain
       Shares                                                         [ ]
       
 11    Percent of Class Represented by Amount in Row 9               0.0%
       
 12    Type of Reporting Person                                        OO
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 6 of 15


 1    Name of Reporting Person                 Federal United Corporation
      
      IRS Identification No. of Above Person

 2    Check the Appropriate Box if a member of a Group            (a) [ ]
      
                                                                  (b) [x]
 3    SEC USE ONLY
      
 4    Citizenship or Place of Organization                       Delaware
      
   NUMBER OF        5    Sole Voting Power                              0
     SHARES              
  BENEFICIALLY
 OWNED BY EACH
   REPORTING
  PERSON WITH
                    6    Shared Voting Power                      121,240
                         
                    7    Sole Dispositive Power                         0
                         
                    8    Shared Dispositive Power                 121,240
                         
  9    Aggregate Amount Beneficially Owned by Each Reporting
       Person							  121,240
       
 10    Check Box if the Aggregate Amount in Row (9) Excludes Certain
       Shares                                                         [ ]
       
 11    Percent of Class Represented by Amount in Row 9               0.2%
       
 12    Type of Reporting Person                                        CO
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 7 of 15


 1    Name of Reporting Person
                          Erik E. and Edith H. Bergstrom Foundation, Inc.
      
      IRS Identification No. of Above Person

 2    Check the Appropriate Box if a member of a Group            (a) [ ]
      
                                                                  (b) [x]
 3    SEC USE ONLY
      
 4    Citizenship or Place of Organization                     California
      
   NUMBER OF        5    Sole Voting Power                              0
     SHARES              
  BENEFICIALLY
 OWNED BY EACH
   REPORTING
  PERSON WITH
                    6    Shared Voting Power                    1,995,000
                         
                    7    Sole Dispositive Power                         0
                         
                    8    Shared Dispositive Power               1,995,000
                         
  9    Aggregate Amount Beneficially Owned by Each Reporting
       Person							1,995,000
       
 10    Check Box if the Aggregate Amount in Row (9) Excludes Certain
       Shares                                                         [ ]
       
 11    Percent of Class Represented by Amount in Row 9               3.9%
       
 12    Type of Reporting Person                                        CO
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 8 of 15


 1    Name of Reporting Person                             Sharon's Trust
      
      IRS Identification No. of Above Person

 2    Check the Appropriate Box if a member of a Group            (a) [ ]
      
                                                                  (b) [x]
 3    SEC USE ONLY
      
 4    Citizenship or Place of Organization                     California
      
   NUMBER OF        5    Sole Voting Power                              0
     SHARES              
  BENEFICIALLY
 OWNED BY EACH
   REPORTING
  PERSON WITH
                    6    Shared Voting Power                       31,666
                         
                    7    Sole Dispositive Power                         0
                         
                    8    Shared Dispositive Power                  31,666
                         
  9    Aggregate Amount Beneficially Owned by Each Reporting Person 31,666
       
 10    Check Box if the Aggregate Amount in Row (9) Excludes Certain
       Shares                                                         [ ]
       
 11    Percent of Class Represented by Amount in Row 9               0.1%
       
 12    Type of Reporting Person                                        OO
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 9 of 15


        Item 1(a).  Name of Issuer:
                        
                    The Adams Express Company
                    
        Item 1(b).  Address of Issuer's Principal Executive Offices:
                        
                    Seven St. Paul Street, Suite 1140, Baltimore,
                    Maryland 21202
                    
        Item 2(a).  Names of Persons Filing:
                        
                    Erik E. Bergstrom
                    Erik E. Bergstrom Living Trust U/A Dated 12/6/74
                    Edith H. Bergstrom
                    Edith H. Bergstrom Living Trust U/A Dated 12/6/74
                    Federal United Corporation
                    Erik E. And Edith H. Bergstrom Foundation, Inc.
                    Sharon's Trust
                    
        Item 2(b).  Address of Principal Business Office or, if none,
                        Residence:
                        
                    The business address of Erik E. Bergstrom, Erik
                    E. Bergstrom Living Trust U/A Dated 12/6/74,
                    Edith H. Bergstrom, Edith H. Bergstrom Living
                    Trust U/A Dated 12/6/74, and Federal United
                    Corporation is P.O. Box 126, Palo Alto,
                    California 94302.  The business address of the
                    Erik E. and Edith H. Bergstrom Foundation, Inc.
                    is P.O. Box 520, Palo Alto, California 94302.
                    The business address of Sharon's Trust is 13781
                    Strubel's Lane, Grass Valley, California 95949.
                    
        Item 2(c).  Citizenship:
               
                    See Item(s) 4 to cover page.
                    
        Item 2(d).  Title of Class of Securities:
               
                    Common Stock
                    
        Item 2(e).  CUSIP Number:
               
                    006212104
                    
        Item 3.If this statement is filed pursuant to Sections
               240.13d-1(b) or 240.13d-2(b) or (c), check whether
               the person filing is a:
               
           (a) [ ] Broker or dealer registered under section 15 of
           the Act (15 U.S.C. 78o).
           
           (b) [ ] Bank as defined in section 3(a)(6) of the Act (15
           U.S.C. 78c).
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 10 of 15


           (c) [ ] Insurance company as defined in section 3(a)(19)
           of the Act (15 U.S.C. 78c).
           
           (d) [ ] Investment company registered under section 8 of
           the Investment Company Act of 1940 (15 U.S.C. 80a-8).
           
           (e) [ ] An investment adviser in accordance with
           Section 240.13d-1(b)(1)(ii)(E);
           
           (f) [ ] An employee benefit plan or endowment fund in
           accordance with Section 240.13d-1(b)(1)(ii)(F);
           
           (g) [ ] A parent holding company or control person in
           accordance with Section 240.13d-1(b)(1)(ii)(G);
           
           (h) [ ] A savings associations as defined in Section 3(b)
           of the Federal Deposit Insurance Act (12 U.S.C. 1813);
           
           (i) [ ] A church plan that is excluded from the
           definition of an investment company under section
           3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
           80a-3);
           
           (j) [ ] Group, in accordance with
           Section 240.13d-1(b)(1)(ii)(J).
           
           If this statement is filed pursuant to Section
           240.13d-1(c), check this box.  [x]
           
        Item 4. Ownership.
        
                    The following table specifies as of January 26,
                    1999 the number of shares of Common Stock as to
                    which each person named in Item 2(a) has sole or
                    shared power to vote or direct the vote or to
                    dispose or direct the disposition, as well as the
                    percentages such shares constitute of the Common
                    Stock reported to be outstanding as of
                    December 31, 1998.
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 11 of 15
                    
             Sole Voting    Shared                       
                 and      Voting and   Aggregate  Percentage of
             Dispositive  Dispositive  Number of   Outstanding
   Name          Power       Power      Shares        Shares
                                                        
Erik E.           0        2,943,406   2,943,406     5.7%<F1>
Bergstrom                                               

Erik E.           0          795,500     795,500     1.5%
Bergstrom                                               
Living
Trust U/A
Dated
12/6/74

Edith H.          0            4,800<F2>   4,800<F2> 0.0%<F2>
Bergstrom                                               

Edith H.          0            4,800       4,800     0.0%
Bergstrom                                               
Living
Trust U/A
Dated
12/6/74

Federal           0          121,240     121,240     0.2%
United                                                  
Corporation

Erik E. and       0        1,995,000   1,995,000     3.9%
Edith H.                                                
Bergstrom
Foundation,
Inc.

Sharon's          0           31,666      31,666     0.1%
Trust                                                   
_____________________

	<F1>Consists of shares of Common Stock owned by the Erik E. Bergstrom
Living Trust U/A Dated 12/6/74, Federal United Corporation, Erik E. and Edith
H. Bergstrom Foundation, Inc. and Sharon's Trust.  Does not include the shares
owned by Edith H. Bergstrom and the Edith H. Bergstrom Living Trust U/A Dated
12/6/74.  Pursuant to Rule 13d-4, Erik E. Bergstrom hereby disclaims beneficial
ownership of all shares owned by Edith H. Bergstrom, the Edith H. Bergstrom
Living Trust U/A Dated 12/6/74, Erik E. and Edith H. Bergstrom Foundation, Inc.
and Sharon's Trust.

	<F2>Consists of 4,800 shares of Common Stock owned by the Edith H.
Bergstrom Living Trust U/A Dated 12/6/74.

	The reporting persons may be deemed to be members of a "group" within
the meaning of Section 13(d)(3) of the Act and the rules and regulations
thereunder.  Membership in such a group is hereby disclaimed.
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 12 of 15


        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.
               
                    Not applicable.

<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 13 of 15



        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.
               
                    See Exhibit 1.
                    
        Item 9.Notice of Dissolution of Group.
               
                    Not applicable.
                    
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 14 of 15


        Item 10.   Certifications.
               
                By signing below, each of the signatories certifies
                that, to the best of its 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.
                
                
       ____________________________     Edith H. Bergstrom Living
       /s/ Erik E. Bergstrom            Trust U/A Dated 12/6/74
       Erik E. Bergstrom                
                                        
                                        
       ____________________________     By:  /s/ Edith H. Bergstrom
       /s/ Edith H. Bergstrom		     ________________________
       Edith H. Bergstrom                    Name: Edith H. Bergstrom
       			                     Title: Trustee
                                           
                                           
                                           
       Erik E. and Edith H. Bergstrom   Federal United Corporation
       Foundation, Inc.                 
                                        
                                        
                                        
       By:  /s/ Erik E. Bergstrom       By:  /s/ Erik E. Bergstrom
	    _______________________          ________________________
            Name: Erik E. Bergstrom          Name: Erik E. Bergstrom
            Title: President                 Title: President
                                           
                                           
                                           
       Erik E. Bergstrom Living Trust   Sharon's Trust
       U/A Dated 12/6/74                
                                        
                                        
                                        
       By:  /s/ Erik E. Bergstrom       By:  /s/ Erik E. Bergstrom
	    _______________________	     ________________________
            Name: Erik E. Bergstrom          Name: Erik E. Bergstrom
            Title: Trustee                   Title: Trustee
                                           
                                        
       Dated:  February 5, 1999         
<PAGE>
CUSIP No. 006212104          SCHEDULE 13G                    Page 15 of 15
                                        
                                        
     
     
                   Exhibit 1 - Identity of Group Members
                                     
                                     
                                     
     Erik E. Bergstrom
     Erik E. Bergstrom Living Trust U/A Dated 12/6/74
     Edith H. Bergstrom
     Edith H. Bergstrom Living Trust U/A Dated 12/6/74
     Federal United Corporation
     Erik E. And Edith H. Bergstrom Foundation, Inc.
     Sharon's Trust
     



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