ONE VALLEY BANCORP INC
SC 13G/A, 1998-01-30
STATE COMMERCIAL BANKS
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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549



                                 SCHEDULE 13G

                   Under the Securities Exchange Act of 1934

                           (Amendment No.    14   )*
                                         ---------

                           ONE VALLEY BANCORP, INC.
- --------------------------------------------------------------------------------
                               (Name of Issuer)

                                 COMMON STOCK
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                  682419 10 6
                          --------------------------
                                (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).

*This 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 infomrtion 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>
 
CUSIP No. 682419 10 6                  13G                 Page 2 of 5  Pages


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

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (a) [ ]

                                                                (b) [ ]

3  SEC USE ONLY


4  CITIZENSHIP OR PLACE OF ORGANIZATION

        United States of America


                       5  SOLE VOTING POWER
 NUMBER OF
                                56,159
  SHARES
                       6  SHARED VOTING POWER
BENEFICIALLY
                                1,478,783
  OWNED BY
                       7  SOLE DISPOSITIVE POWER
   EACH 
                                56,159
 REPORTING
                       8  SHARED DISPOSITIVE POWER
  PERSON 
                                1,478,783
   WITH

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        1,534,942

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
        
                
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        5.65%

12 TYPE OF REPORTING PERSON*

        IN

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

                                       2
<PAGE>
 
Item 1(a).  Name of Issuer:

      One Valley Bancorp, Inc.
  -------------------------------------------------

Item 1(b).  Address of Issuer's Principal Executive Offices:

       One Valley Square
  ------------------------------------------------------------------

       Charleston, West Virginia 25301
  ------------------------------------------------------------------

Item 2(a).  Name of Person Filing:

       Mary Price Ratrie
  --------------------------------

Item 2(b).  Address of Principal Business Office or, if none,
     Residence:

         P.O. Box 311
- ------------------------------------------------------------------------------

         Charleston, West Virginia  25321
- ------------------------------------------------------------------------------

Item 2(c).  Citizenship:

       United States of America
- ------------------------------------------------------------------------------

Item 2(d).  Title of Class of Securities:

       Common Stock
- --------------------------------------------------------------------

Item 2(e).  CUSIP Number:

       682419 10 6
  ------------------------------------------------------------------

Item 3.   If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
          check the person filing is a:

          (Not applicable)

Item 4.   Ownership.

          (a) Amount Beneficially Owned:

           1,534,942
           -----------------------------------------------

                                       3
<PAGE>
 
    (b) Percent of Class:

             5.65%
        -------------------------------------------------------------

     (c) Number of shares as to which such person has:
          (i) sole power to vote or to direct the
          vote  56,159
               -------
          (ii) shared power to vote or to direct the
          vote   1,478,783
               -----------
          (iii) sole power to dispose or to direct the
          disposition of   56,159
                         --------
          (iv) shared power to dispose or to direct the
          disposition of  1,478,783
                         ----------

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

          (Not applicable)

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

          1,478,783 shares are held by Mrs. Ratrie as co-trustee with Charles C.
          Dickinson III and One Valley Bank, N.A. under various trusts.  Mrs.
          Ratrie is entitled to receive 1/3 of the income from the trusts.
          Other individuals are entitled to, in the aggregate, 2/3 of the income
          from these various trusts.  Also, Mrs. Ratrie and these other
          individuals would be entitled, in extremely limited circumstances and
          in cases of financial need, to receive a distribution of principal
          from these trusts.  This has never occurred and it is highly unlikely
          that it will occur in the future.  No one of these other individuals,
          except for Mary Price Ratrie, has an interest which relates to 5% of
          the outstanding common stock of the Issuer.

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)

                                       4
<PAGE>
 
Item 9.   Notice of Dissolution of Group:

          (Not applicable)

Item 10.  Certification.

          (Not applicable)

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.


Jan. 9, 1998
- --------------------------------------------------------------------------------
Date


/s/ Mary Price Ratrie
- --------------------------------------------------------------------------------
Signature
 


Mary Price Ratrie
- --------------------------------------------------------------------------------
Name/Title

                                       5


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