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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
(Amendment No. 3)
Railamerica, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
750753105
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
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*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).
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CUSIP No. 750753105 13G Page 2 of 4 Pages
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1. NAME OF REPORTING PERSON(S)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S)
Luther King Capital Management Corporation I.R.S. Identification No.
301 Commerce Street, Suite 1600 75-0163033
Fort Worth, TX 76102
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
Shares are also owned in an account for
the benefit of children of a Luther King (a)[ ]
Capital Management employee and a Luther
King Capital Management employee. (b)[x]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Fort Worth, Texas
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NUMBER OF 5. SOLE VOTING POWER
SHARES 1,348,000 Luther King Capital Management
BENEFICIALLY 12,500 Bryan King
OWNED BY 12,500 Mason King
EACH ------------------------------------------------------------
REPORTING 6. SHARED VOTING POWER
PERSON
WITH
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7. SOLE DISPOSITIVE POWER
1,348,000 Luther King Capital Management
12,500 Bryan King
12,500 Mason King
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8. SHARED DISPOSITIVE POWER
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,373,000
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10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.8%
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12.TYPE OF REPORTING PERSON*
IA
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CUSIP No. 750753105 13G Page 3 of 4 Pages
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Item 1. (a) Name of Issuer:
Railamerica, Inc.
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(b) Address of Issuer's Principal Executive Offices:
5300 Broken Sound Blvd., NW
Boca Raton, FL 33487
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Item 2. (a) Name of Person Filing:
Luther King Capital Management Corporation
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(b) Address of Principal Business Office, or if None, Residence:
301 Commerce Street, Suite 1600
Fort Worth, TX 76102
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(c) Citizenship:
Fort Worth, Texas USA
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(d) Title of Class of Securities:
Common Stock
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(e) CUSIP Number:
750753105
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Item 3. Luther King is an Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940.
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Item 4. (a) Amount Beneficially Owned:
1,373,000
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(b) Percent of Class:
11.8%
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
1,373,000
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the disposition of
1,373,000
(iv) shared power to dispose or to direct the disposition of
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Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following: [ ]
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Item 6. Ownership of More than Five Percent on Behalf of Another Person
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CUSIP No. 750753105 13G Page 4 of 4 Pages
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Item 7. Identification and Classification of the Subsidiary which Acquired the
Security being Reported on by the Parent Holding Company
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Item 8. Identification and Classification of Members of the Group
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Item 9. Notice of Dissolution of Group.
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Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purpose or
effect.
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.
Date: February 8, 2000
Signature: /s/ J.LUTHER KING, JR.
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Name/Title: President
