GENERAL MOTORS HOURLY RATE EMPLOYEES PENSION TRUST ET AL
SC 13G/A, 1998-02-06
Previous: AMERICAN GENERAL LIFE INSURANCE CO OF NEW YORK SEPAR ACCT E, N-4/A, 1998-02-06
Next: UST CORP /MA/, 8-K, 1998-02-06



<PAGE>
                     SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                                SCHEDULE 13G

                 Under the Securities Exchange Act of 1934
                          (Amendment No.    1   )*
                                         ------

                          ELECTRONIC DATA SYS. CORP.
                     ----------------------------------
                              (Name of Issuer)

                            NEW SPECIAL RESTRICTED
                     ----------------------------------
                       (Title of Class of Securities)

                                 285661997
                     ----------------------------------
                              (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 disclosures provided in a prior 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).


                        (Continued on following page(s))

                              Page 1 of  4  Pages
                                        --- 


<PAGE>

CUSIP No. 285661997                   13G                 Page  2  of  4  Pages
          ---------                                            ---    --- 

     U.S. Trust Co of California, N.A.
- -------------------------------------------------------------------------------
 (1) Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
     Persons

     General Motors Corp. Hourly Rate Employee Pension Plan
     Tax id#38-0572515
- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization

     515 S. Flower St. #2800 Los Angeles, CA 90071
- -------------------------------------------------------------------------------
Number of Shares              (5) Sole Voting
 Beneficially Owned                 Power               58,500,000
 by Each Reporting           --------------------------------------------------
 Person With                  (6) Shared Voting
                                    Power
                             --------------------------------------------------
                              (7) Sole Dispositive
                                    Power               58,500,000
                             --------------------------------------------------
                              (8) Shared Dispositive
                                    Power
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person

                                                        58,500,000
- -------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)

                                                        12%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*

                                                        E.P.
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>
                                                          Page  3  of  4  Pages
                                                               ---    --- 

ITEM 1(A).  NAME OF ISSUER

  Electronic Data Sys. Corp.
- -------------------------------------------------------------------------------


ITEM 1(B).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES

         5400 Legacy Drive Plano, TX 75024
- -------------------------------------------------------------------------------


ITEM 2(A).  NAME OF PERSON(S) FILING

   U.S. Trust Co of California, N.A.
- -------------------------------------------------------------------------------


ITEM 2(B).  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE

   515 S. Flower St. #2800 Los Angeles, CA 90071
- -------------------------------------------------------------------------------


ITEM 2(C).  CITIZENSHIP

   USA
- -------------------------------------------------------------------------------


ITEM 2(D).  TITLE OF CLASS OF SECURITIES

   New Special Restricted
- -------------------------------------------------------------------------------


ITEM 2(E).  CUSIP NUMBER

   285661997
- -------------------------------------------------------------------------------


ITEM 3.     IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 
            13D-2(B), CHECK WHETHER THE PERSON FILING IS A 

   (a)  / / Broker or Dealer registered under Section 15 of the Act

   (b)  / / Bank as defined in section 3(a)(8) of the Act

   (c)  / / Insurance Company as defined under section 3(a)(19) of the Act

   (d)  / / Investment Company registered under section 8 of the Investment 
            Company Act

   (e)  / / Investment Adviser registered under section 203 of the Investment 
            Advisers Act of 1940

   (f)  /X/ Employee Benefit Plan, Pension Fund which is subject to the 
            provisions of the Employee Retirement Income Security Act of 1974 
            or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F)

   (g)  / / Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G) 
            (Note: See Item 7)

   (h)  / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H)


<PAGE>
                                              Page 4 of 4 Pages
                                                   --   --

ITEM 4.  OWNERSHIP

    (a)  Amount Beneficially Owned:

                                           58,500,000
- -------------------------------------------------------------------------------

    (b)  Percent of Class:

                                           12%
- -------------------------------------------------------------------------------

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

         (i)  sole power to vote or to direct the vote

                                           58,500,000
              -----------------------------------------------------------------

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

                                           
              -----------------------------------------------------------------

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

                                           58,500,000
              -----------------------------------------------------------------

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


              -----------------------------------------------------------------

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.  / /

ITEM 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON


- -------------------------------------------------------------------------------


ITEM 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED 
         THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY


- -------------------------------------------------------------------------------


ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP


- -------------------------------------------------------------------------------


ITEM 9.  NOTICE OF DISSOLUTION OF GROUP


- -------------------------------------------------------------------------------


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 purposes 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.

                                       1/30/98
                                       ----------------------------------------
                                       (Date

                                       /s/ Robert S. Cummings
                                       ----------------------------------------
                                       (Signature)

                                       Robert S. Cummings, Sr. VP
                                       ----------------------------------------
                                       (Name/Title)
                                       U.S. Trust Co. of California, N.A.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission