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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
FIRST BUSEY CORPORATION
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(Name of Issuer)
CLASS A COMMON STOCK
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(Title of Class of Securities)
319383105
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(Cusip Number)
BARBARA J. KUHL, EXECUTIVE VICE PRESIDENT, 201 W. MAIN, P.O. BOX 123,
URBANA, IL, 61801
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(Name and Address of Person Authorized to Receive Notices and
Communications)
217-384-4513
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(Telephone Number)
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 [ ].
Check the following box if a fee is being paid with the statement [X].
(A fee is not required only if the reporting 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.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*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
disclosures provided in a prior cover page.
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).
Page 1 of 3 Pages
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SCHEDULE 13D
CUSIP NO. 319383105
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ALLEN B. KLINGEL, JR.
###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS*
OO
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(d) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
7. SOLE VOTING POWER
15,000
8. SHARES VOTING POWER
324,901
9. SOLE DISPOSITIVE POWER
15,000
10. SHARED DISPOSITIVE POWER
324,901
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
339,901
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.97 percent
14. TYPE OF REPORTING PERSON
IN
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ITEM 1 SECURITY AND ISSUER:
CLASS A COMMON STOCK
FIRST BUSEY CORPORATION 201 W. MAIN STREET, URBANA, IL 61801
ITEM 2 IDENTITY AND BACKGROUND
(a) ALLEN B. KLINGEL, JR.
(b) 319 WEST SECOND AVENUE, SPOKANE, WA, 99204
(c) FOOD MANUFACTURING AND DISTRIBUTION
FRESH FOODS CORPORATION OF AMERICA, 319 WEST SECOND
AVENUE, SPOKANE, WA
(d) NO
(e) NO
(f) UNITED STATES
ITEM 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
NO CONSIDERATION WAS TENDERED FOR THESE SHARES
ITEM 4 PURPOSE OF TRANSACTION
SHARES ARE NOW HELD BY THE MARTIN A. KLINGEL ESTATE OF WHICH
ALLEN B. KLINGEL, JR. SERVES AS CO-EXECUTOR PURSUANT TO
PROVISIONS OF THE WILL OF MARTIN A. KLINGEL
ITEM 5 INTEREST IN SECURITIES OF THE ISSUER
(a) 339,901--8.97%
(b) SOLE VOTING POWER--15,000
SHARES VOTING POWER--324,901
SOLE DISPOSITIVE POWER--15,000
SHARES DISPOSITIVE POWER--324,901
(c) N/A
(d) N/A
(e) N/A
ITEM 6 CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
N/A
ITEM 7 MATERIAL TO BE FILED AS EXHIBITS
N/A
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 13, 1996 /s/ Allen B. Klingel, Jr.
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DATE SIGNATURE
ALLEN B. KLINGEL, JR.
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(Name/Title)
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