SECURITIES AND EXCHANGE COMMISSION
Washington DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 10)
______IGI, Inc._____
(Name of Issuer)
Common Stock ($.01 par value
Title of Class of Securities)
___449575 10 9___
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 e filed 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).
(Continued on following pages(s))
Page 1 of 3 pages
<PAGE>
/CUSIP NO. 449575 10 9 / Page 2 of 3 pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jane E. Hager
###-##-####
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
NUMBER OF SHARES 5 SOLE VOTING POWER
555,000
BENEFICIALLY
OWNED BY 6 SHARED VOTING POWER
0
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
555,000
PERSON
WITH 8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
555,000
10 CHECK BOX OF THE AGGREGATE AMOUNT I ROW (9) EXCLUDES CERTAIN
SHARES*
X
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.9%
12 TYPE OF REPORTING PERSON*
IN
<PAGE>
Item 1 (a) Name of Issuer: IGI, Inc.
Item 1 (b) Address of Issuer s Principal Executive Offices:
Wheat Rd. & Lincoln Ave., Buena, NJ 08310
Item 2 (a) Name of Person Filing: Jane E. Hager
Item 2 (b) Address of Principal Business Office or, if none,
Residence: Pinnacle Mountain Farms,
Lyndeboro, NH 03082
Item 2 (c) Citizenship: United States
Item 2 (d) Title of Class of Securities: Common Stock ($.01 par value)
Item 2 (e) CUSIP Number: 449575 10 9
Item 4 Ownership:
(a) Amount Beneficially Owned: 555,000
(b) Percent of Class 5.9%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the
vote: 555,000
(ii) shared power to vote or to direct
the vote: 0
(iii) sole power to dispose or to direct
the disposition of: 555,000
(iv) shared power to dispose or to direct
the disposition of: 0
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: February 14, 1997 /s/ Jane E. Hager___________________
Jane E. Hager
Page 3 of 3
