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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
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FIRST STATE CORPORATION
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
336907100
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(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 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).
Page 1 of 5 Pages
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CUSIP No. 13G Page 2 of 5 Pages
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(1) Names of Reporting Person. S.S. or I.R.S. Identification No. of Above
Person
Vernon Haley Warren SS # ###-##-####
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(2) Check the Appropriate Box if a Member (a) / /
of a Group N/A (b) / /
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
United States of America
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Number of Shares (5) Sole Voting
Beneficially Power 568,217
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 7,453
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(7) Sole Dispositive
Power 0
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(8) Shared Dispositive
Power 7,453
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
876,244
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(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares / /
N/A
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(11) Percent of Class Represented by Amount in Row (9)
12.74%
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(12) Type of Reporting Person
Individual
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Page 3 of 5 Pages
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Item 1(a). Name of Issuer
First State Corporation:
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Item 1(b). Address of Issuer's Principal Executive Offices:
333 W. Broad Street
Albany, Georgia 31701
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Item 2(a). Name of Person Filing:
Vernon Haley Warren
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Item 2(b). Address of Principal Business Office or, if None, Residence:
108 Glenwood Road
Americus, Georgia 31709
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Item 2(c). Citizenship:
United States of America
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Item 2(d). Title of Class of Securities:
Common Stock
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Item 2(e). CUSIP Number:
336907100
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not Applicable
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Item 4. Ownership as of December 31, 1997:
(a) Amount Beneficially Owned: 876,244
(b) Percent of class: 12.74%
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Page 4 of 5 Pages
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: *568,217
(ii) shared power to vote or to direct the vote: 7,453
(iii) sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of: 7,453
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*Includes presently exercisable option to purchase 1980 shares.
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Item 5. Ownership of Five Percent or Less of a Class:
Not Applicable
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Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable
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Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company:
Not Applicable
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Item 8. Identification and Classification of the Members of the Group:
Not Applicable
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Item 9. Notice of Dissolution of Group:
Not Applicable
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Item 10. Certification:
Not Applicable
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Page 5 of 5 Pages
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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: January 28, 1998
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Signature: /s/ VERNON HALEY WARREN
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Name/Title: Vernon Haley Warren
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