UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
ALTERMAN INVESTMENT FUND, INC.
(Name of Issuer)
Common Stock, $2.50 Par Value
(Title of Class of Securities)
021447 10 7
(CUSIP Number)
B. Joseph Alley, Jr., 2800 One Atlantic Center, 1201 West Peachtree
Street, Atlanta, Georgia 30309-3400; (404) 873-8688
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
June 20, 1995
(Date of Event which Requires Filing of this Statement)
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 / /. (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>
SCHEDULE 13D
1 Name of Reporting Person S.S. or I.R.S.
Identification No. of Above Person
Joanne A. Singer
2 Check the Appropriate Box if a Member of a Group
(a) / /
(b) / /
3 SEC Use Only
4 Source of Funds
00
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(E) / /
6 Citizenship or Place of Organization
Georgia
7 Sole Voting Power
62,125
8 Shared Voting Power
20,400*
9 Sole Dispositive Power
62,125
10 Shared Dispositive Power
20,400*
11 Aggregate Amount Beneficially Owned by Each
Reporting Person
82,525*
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares
/x/
13 Percent of Class Represented by Amount in Row (11)
10.5%
14 Type of Reporting Person
IN
SEE INSTRUCTIONS BEFORE FILLING OUT
* Includes 1,120 shares held by her husband. Ms. Alterman
disclaims beneficial ownership as to these shares. Includes
19,280 shares held as Co-Trustee of three trusts established
under the Will of Esther Alterman. Excludes 4,720 shares held
by adult children, previously reported as beneficially owned by
minor children.
<PAGE>
Item 1. Security and Issuer.
This statement relates to the Common Stock, $2.50 par value, of
Alterman Investment Fund, Inc., a Delaware corporation (the
"Company"). The principal executive offices of the Company are
located at:
Suite 104
1218 West Paces Ferry Road, N.W.
Atlanta, Georgia 30327
Item 2. Identity and Background.
(a) Joanne A. Singer is a person filing this statement.
(b) 2793 Ridge Valley Road, N.W., Atlanta, Georgia 30327-1825.
(c) Housewife. (See (b) above).
(d) None.
(e) None.
(f) United States.
Item 3. Source and Amount of Funds or Other Consideration.
On June 20, 1995, 600 shares held jointly by Herbert and
Joanne Singer and 160 shares held by Herbert Singer were gifted to
their adult children.
Item 4. Purpose of Transaction.
See Item 3 above. All transactions reported herein were
gifts. The reporting persons have no plans or proposals which
relate to or would result in any of the occurrences listed in the
instructions to Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
(a) and (b) See Items 7, 8, 9, 10, 11 and 13 of cover
pages.
(c) None.
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to the Issuer.
None.
Item 7. Material to be Filed as Exhibits.
(a) None
<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.
Joanne A. Singer 2/9/96
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Joanne A. Singer Date
