FALL RIVER GAS CO
SC 13G/A, 1998-02-06
NATURAL GAS DISTRIBUTION
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                                    UNITED STATES
                          SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C. 20549

                                     SCHEDULE 13G/A

                      Under the Securities Exchange Act of 1934

                                 (Amendment No. 14)*
                                         ----

                                FALL RIVER GAS COMPANY
                       ---------------------------------------
                                   (Name of Issuer)

                           COMMON STOCK $0.83 1/3 par value
                       ---------------------------------------
                            (Title of Class of Securities)

                                     306279 10 0
                                ----------------------
                                    (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 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).


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                                         13G
________________________________________________________________________________

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

     Ronald J. Ferris
     ###-##-####
________________________________________________________________________________
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                  (a)  [  ]
                                                  (b)  [  ]
________________________________________________________________________________
3    SEC USE ONLY
________________________________________________________________________________
4    CITIZENSHIP OR PLACE OF ORGANIZATION

     U.S.A.
________________________________________________________________________________
5    SOLE VOTING POWER

     40,697 shares:  40,697 shares owned directly and of record
________________________________________________________________________________
6    SHARED VOTING POWER  104,362 shares:
     9,852 shares owned jointly
     53,594 shares as co-trustee of a pension plan and trust
     36,990 shares as President of a corporation
     3,926 shares held in two trusts for the children of the undersigned
________________________________________________________________________________
7    SOLE DISPOSITIVE POWER   

     40,697 shares:  40,697 shares owned directly and of record
________________________________________________________________________________
8    SHARES DISPOSITIVE POWER 104,362 shares:
     9,852 shares owned jointly
     53,594 shares as co-trustee of a pension plan and trust
     36,990 shares as President of a corporation
     3,926 shares held in two trusts for the children of the undersigned
________________________________________________________________________________
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 
     145,059 (includes shares jointly owned with three other persons, shares 
     owned by a corporation, shares held in two trusts for the children of the
     undersigned and shares held in a pension plan trust)
________________________________________________________________________________
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
________________________________________________________________________________
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     8.1%
________________________________________________________________________________
12   TYPE OF REPORTING PERSON*
     IN

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                                     SCHEDULE 13G

Item 1(a) Name of Issuer.

     Fall River Gas Company

Item 1(b) Address of Issuer's principal Executive Office.

     155 North Main Street
     Fall River, Massachusetts 02722

Item 2(a) Name of person Filing.

     Ronald J. Ferris

Item 2(b) Address of Principal Business Office.

     75 Grand Army Highway
     Swansea, Massachusetts 02777

Item 2(c) Citizenship.

     U.S.A.

Item 2(d) Title of Class of Securities.

     Common Stock, $0.83 1/3 par value

Item 2(e) CUSIP Number.

     306279 10 0

Item 3

     Inapplicable

Item 4

     (a) Amount Beneficially Owned*

               145,059 shares - includes 40,697 shares owned directly and of
               record, 9,852 owned jointly with three other persons, 36,990
               owned beneficially as President of a corporation, 3,926 shares
               held in two trusts for the children of the undersigned and 53,594
               owned beneficially as trustee of a pension plan and trust.

     (b) Percent of Class:

               8.1% (2.8% with respect to shares owned directly and of record or
               jointly with another person; 5.3% with respect to sole or shared
               voting and investment power as corporate officer or as trustee.)


                                          3
<PAGE>


     (c) Number of Shares as to which Such Person Has:

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

                    40,697 shares - owned directly and of record

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

                    104,632 shares (as a joint owner of 9,852 shares, as
                    co-trustee of a pension plan and trust which holds 53,594
                    and as President of a corporation 36,990 shares).  Also
                    includes 3,926 shares held in two trusts for the children of
                    the undersigned.

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

                         40,697 shares - owned directly and of record

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

                    104,632 shares (as a joint owner of 9,852 shares, as
                    co-trustee of a pension plan and trust which holds 53,594
                    and as President of a corporation 36,990 shares).  Also
                    includes 3,926 shares held in two trusts for the children of
                    the undersigned.

*Disclaimer:        The filing of this Schedule 13G shall not be construed as an
                    admission that the undersigned is for the purposes of
                    Section 13(d) or 13(g) of the Securities Exchange Act of
                    1934, as amended, the beneficial owner of any securities
                    owned by any corporation of which he is an officer, or by
                    any trust, as set forth in this schedule.

Item 5    Ownership of Five Percent or Less of a Class.

          Inapplicable

Item 6 Ownership of More than Five Percent on Behalf of Another Person.

     The beneficiaries of the pension plan and trusts mentioned above have
contingent rights to receive dividends from, or the proceeds from the sale of,
shares held by such trusts.

Item 7    Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.

          Inapplicable

Item 8    Identification and Classification of Members of the Group.
     
          Inapplicable

Item 9    Notice of Dissolution of Group.

          Inapplicable

Item 10   Certification.

          Inapplicable

                                          4
<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.

Date:  January 31, 1998

Signature:  /s/Ronald J. Ferris

Name:  Ronald J. Ferris

NOTE:  The stockholding figures in this filing reflect the two-for-one split of
the Issuer's Common Stock approved by the Issuer's Stockholders on September 21,
1993 and effective December 31, 1993.


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