SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13 G
Under the Securities Exchange Act of 1934
(Amendment No. 17)*
Shepmyers Investment Company
- --------------------------------------------------------------------------------
(Name of Isssuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities
823424 10 6
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(CUSIP Number)
Check the following box if a fee is being paid with this statement. / /.
(A fee is not required only if the filing 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)
*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
disclosure provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deened 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 13 Pages
<PAGE>
13G
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul E. Spears
S.S. ####-##-####
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /X/
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5. SOLE VOTING POWER
75,047
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 41,585
REPORTING
PERSON ------------------------------------------------------------
WITH 7. SOLE DISPOSITIVE POWER
75,047
------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
41,585
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
116,632
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.2%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
2
<PAGE>
13G
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Josephine F. Spears
S.S. ####-##-####
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /X/
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
-0-
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 41,585
REPORTING
PERSON ------------------------------------------------------------
WITH 7. SOLE DISPOSITIVE POWER
-0-
------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
41,585
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
41,585
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
3
<PAGE>
13G
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hamilton Bank, Charlotte S DeVan and Patricia S. Winder TTEE UDT
Lawrence B. Sheppard Dtd. 4/21/59
E.I.N. 23-6469332
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /X/
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
100,000
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING
PERSON ------------------------------------------------------------
WITH 7. SOLE DISPOSITIVE POWER
100,000
------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,000
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
00
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
4
<PAGE>
13G
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First National Bank of Pennsylvania, Successor Trustee to S.E. Bank
N.A. U/A dated 2/6/40 Executed by H.D. Sheppard fbo Alma S. Tolhurst
E.I.N. 23-6780362
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /X/
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
46,456
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING
PERSON ------------------------------------------------------------
WITH 7. SOLE DISPOSITIVE POWER
46,456
------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
46,456
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
00
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
5
<PAGE>
13G
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Henrietta Myers Miller and Hamilton Bank Trustees U/A Dated 5/7/63
Executed by Edna Powl Myers fbo Robert Clinton Myers II et al
E.I.N. 23-6268887
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /X/
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
-0-
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 83,660
REPORTING
PERSON ------------------------------------------------------------
WITH 7. SOLE DISPOSITIVE POWER
-0-
------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
83,660
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
83,660
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.9%
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12. TYPE OF REPORTING PERSON*
00
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
6
<PAGE>
Item 1(a). Name of Issuer.
- ---------- ---------------
Shepmyers Investment Company
Item 1(b). Address of Issuer's Principal Executive Offices.
- ---------- ------------------------------------------------
P.O. Box 339
Hanover, PA 17331
Item 2(a). Name of Person Filing.
- ---------- ----------------------
Paul E. Spears
Josephine F. Spears
Hamilton Bank, Charlotte S. DeVan and Patricia S. Winder TTEE UDT
Lawrence B. Sheppard Dtd 4/21/59
First National Bank of Pennsylvania, Successor Trustee to S.E.
Bank, N.A. U/A dated 2/6/40 Executed by H. D. Sheppard fbo Alma
S. Tolhurst
Henrietta Myers Miller and Hamilton Bank Trustees U/A Dtd. 5/7/63
executed by Edna Powl Myers fbo Robert Clinton Myers II et al
Item 2(b). Address of Principal Business Office or, if None, Residence.
- ---------- ------------------------------------------------------------
Paul E. Spears
106 Oak Street
Hanover, PA 17331
Josephine F. Spears
106 Oak Street
Hanover, PA 17331
Hamilton Bank
c/o Nancy Klahold
Vice President & Trust Officer
12 East Market Street
York, PA 17405
7
<PAGE>
First National Bank of Pennsylvania
c/o Colin C. Appleton, Sr. Vice President & Trust Officer
Hermitage Square
Hermitage, PA 16148
Item 2(c). Citizenship
- ---------- -----------
Paul E. Spears: USA
Josephine F. Spears: USA
Hamilton Bank, Charlotte S. DeVan and Patricia S. Winder TTEE UDT
Lawrence B. Sheppard Dtd 4/21/59: USA
First National Bank of Pennsylvania, Successor Trustee to S.E.
Bank N.A. U/A dated 2/6/40 Executed by H.D. Sheppard fbo Alma S.
Tolhurst: USA
Henrietta Myers Miller and Hamilton Bank Trustees U/A dated
5/7/63 executed by Edna Powl Myers fbo Robert Clinton Myers II et
al: USA
Item 2(d). Title of Class of Securities
- ---------- ----------------------------
Common Stock
Item 2(e). CUSIP NUMBER
- ---------- ------------
823424 10 6
Item 3. Statement Filed Pursuant to Rules 13d-1(b) or 13d-2(b)
Not applicable
Item 4. Ownership.
A. Paul E. Spears
(a) Amount Beneficially Owned: 116,632
(b) Percent of Class: 15.2%
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or to direct the vote:
75,047
(ii) shared power to vote or to direct the vote:
41,585
8
<PAGE>
(iii) sole power to dispose or to direct the
disposition of: 75,047
(iv) shared power to dispose or to direct the
disposition of: 41,585
B. Josephine F. Spears
(a) Amount Beneficially Owned: 41,585
(b) Percent of Class: 5.4%
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or to direct the vote:
-0-
(ii) shared power to vote or to direct the vote:
41,585
(iii) sole power to dispose or to direct the
disposition of: -0-
(iv) shared power to dispose or to direct the
disposition of: 41,585
C. Hamilton Bank, Charlotte S. DeVan and Patricia S. Winder
TTEE UDT Lawrence B. Sheppard Dtd 4/21/59
(a) Amount Beneficially Owned: 100,000
(b) Percent of Class: 13.0%
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or to direct the vote:
100,000
(ii) shared power to vote or to direct the vote:
-0-
(iii) sole power to dispose or to direct the
disposition of: 100,000
(iv) shared power to dispose or to direct the
disposition of: -0-
D. First National Bank of Pennsylvania, Successor Trustee to
S.E. Bank, N.A. U/A dated 2/6/40 Executed by H. D.
Sheppard fbo Alma S. Tolhurst
(a) Amount Beneficially Owned: 46,456
(b) Percent of Class: 6.0%
(c) Number of Shares as to Which Such Person Has:
9
<PAGE>
(i) sole power to vote or to direct the vote:
46,456
(ii) shared power to vote or to direct the vote:
-0-
(iii) sole power to dispose or to direct the
disposition of: 46,456
(iv) shared power to dispose or to direct the
disposition of: -0-
E. Henrietta Myers Miller and Hamilton Bank Trustees U/A Dtd.
5/7/63 executed by Edna Powl Myers fbo Robert
Clinton Myers II et al
(a) Amount Beneficially Owned: 83,660
(b) Percent of Class: 10.9%
(c) Number of Shares as to Which Such Person Has:
(i) Sole power to vote or to direct the vote:
-0-
(ii) Shared power to vote or to direct the vote:
83,660
(iii) sole power to dispose or to direct the
disposition of: -0-
(iv) shared power to dispose or to direct the
disposition of: 83,660
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
- ------- ---------------------------------------------------------------
Charlotte S. DeVan (33.33%)
Lawrence S. DeVan (11.11%)
William T. DeVan, Jr. (11.11%)
Russell N. DeVan (11.11%)
Patricia C. Winder (11.11%)
Russell C. Williams (11.11%)
Tom Williams, Sr. (11.11%)
are the income beneficiaries of 100,000 shares listed under Item
4C(a) above.
10
<PAGE>
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.
- ------- ----------------------------------------------------------
The persons making this filing disclaim that they act as a group
with each other or any other persons with respect to any of the
equity securities of the issuer named in Item 1(a)
Item 9. Notice of Dissolution of Group.
- ------- -------------------------------
Not applicable
Item 10. Certification.
- -------- --------------
Not applicable
11
<PAGE>
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.
February 8, 1996 s/ Paul E. Spears
-----------------
Paul E. Spears
s/ Josephine F. Spears
----------------------
Josephine F. Spears
s/ Nancy A. Klahold
-------------------
Hamilton Bank, Trustee
Nancy A. Klahold
Vice President and Trust Officer
s/ Colin C. Appleton
--------------------
First National Bank of Pennsylvania, Trustee
Colin C. Appleton
Senior Vice President and Trust Officer
The filing of this statement shall not be construed as an admission that the
reporting persons are, for the purpose of the Securities Exchange Act of 1934,
the beneficial owners of the securities covered by the statement.
12
<PAGE>
EXHIBIT
We agree that Amendment No. 17 to the Schedule 13G of even date herewith,
signed by each of us, is filed on behalf of each of us.
February 8, 1996 s/ Paul E. Spears
-----------------
Paul E. Spears
s/ Josephine F. Spears
----------------------
Josephine F. Spears
s/ Nancy A. Klahold
-------------------
Hamilton Bank, Trustee
Nancy A. Klahold
Vice President and Trust Officer
s/ Colin C. Appleton
--------------------
First National Bank of Pennsylvania, Trustee
Colin C. Appleton
Senior Vice President and Trust Officer
13
<PAGE>
