PRESIDENT & FELLOWS OF HARVARD COLLEGE
SC 13G/A, 1997-06-10
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                 SCHEDULE 13G-A

             INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (Amendment No. 1)*


                            Transport Holdings, Inc.
         ---------------------------------------------------------------
                                (Name of Issuer)


                              Class A Common Stock
        ----------------------------------------------------------------
                         (Title of Class of Securities)


                                    893855106
                          -----------------------------
                                 (CUSIP Number)


*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 4 Pages

<PAGE>


- -------------------                                            -----------------
CUSIP No. 893855106                   13G                      Page 2 of 4 Pages
- -------------------                                            -----------------



- --------------------------------------------------------------------------------
1.          NAME OF REPORTING PERSON
            S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

              President and Fellows of Harvard College
- --------------------------------------------------------------------------------
                                                                (a)          [ ]
2.          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                (b)          [ ]

- --------------------------------------------------------------------------------
3.          SEC USE ONLY

- --------------------------------------------------------------------------------
4.          CITIZENSHIP OR PLACE OF ORGANIZATION

                     Massachusetts
- --------------------------------------------------------------------------------
                   5.   SOLE VOTING POWER
  NUMBER OF                   0 shares
   SHARES          -------------------------------------------------------------
BENEFICIALLY       6.   SHARED VOTING POWER
  OWNED BY                    ----
    EACH           -------------------------------------------------------------
 REPORTING         7.   SOLE DISPOSITIVE POWER
  PERSON                      0 shares
   WITH            -------------------------------------------------------------
                   8.   SHARED DISPOSITIVE POWER
                              ----
- --------------------------------------------------------------------------------
9.          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                       0 shares
- --------------------------------------------------------------------------------
10.         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES            [ ]
            CERTAIN SHARES*

- --------------------------------------------------------------------------------
11.         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                       0%
- --------------------------------------------------------------------------------
12.         TYPE OF REPORTING PERSON*
                       EP
- --------------------------------------------------------------------------------


                      *SEE INSTRUCTIONS BEFORE FILLING OUT!

                                Page 2 of 4 Pages
<PAGE>



                                  SCHEDULE 13G
                                  ------------


Item 1(a)   Name of Issuer:
                    Transport Holdings, Inc.

     1(b)   Address of Issuer's Principal Executive Offices:
                    714 Main Street
                    Fort Worth, TX 76102

Item 2(a)   Name of Person Filing:
                    President and Fellows of Harvard College

     2(b)   Address of Principal Business Office or, if none, Residence:
                    c/o Harvard Management Company, Inc.
                    600 Atlantic Avenue
                    Boston, MA  02210

     2(c)   Citizenship:
                    Massachusetts

     2(d)   Title of Class of Securities:
                    Class A Common Stock

     2(e)   CUSIP Number:
                    893855106

Item 3      If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b):
                    The reporting person is an Employee Benefit Plan, Pension
                    Fund which is subject to the provisions of the Employee
                    Retirement Income Security Act of 1974 or Endowment Fund.

Item 4(a)   Amount beneficially owned:
                    0 shares

     4(b)   Percent of Class:
                    0%

     4(c)   Number of shares as to which such person has:

            (i)  sole power to vote or to direct the vote:
                             0 shares

            (ii) shared power to vote or to direct the vote:
                             ---------

                                Page 3 of 4 Pages

<PAGE>


            (iii) sole power to dispose or to direct the disposition of:
                             0 shares

            (iv) shared power to dispose or to direct the disposition of:
                             --------

Item 5      Ownership of Five Percent or less of a Class:
                 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.

Item 6      Ownership of more than Five Percent on behalf of another person:
                    Not Applicable.

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:
                    Not Applicable.

Item 9      Notice of Dissolution of Group:
                    Not Applicable.

Item 10     Certification:

            By signing below the undersigned certifies that, to the best of
            its 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 purposes or effect.

      After reasonable inquiry and to the best of its knowledge and belief, the
      undersigned certifies that the information set forth in this statement is
      true, complete and correct.


                                       PRESIDENT AND FELLOWS OF HARVARD COLLEGE


                                       By:  /s/ Verne O. Sedlacek
                                          --------------------------------------
                                         Name:  Verne O. Sedlacek
                                         Title: Treasurer


June 9, 1997


                                Page 4 of 4 Pages

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