UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 10549
AMENDED AND RESTATED
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ____4____)*
NORTH COUNTRY FINANCIAL CORPORATION
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
658788104
(CUSIP Number)
12/31/98
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number
SEC 1745 (3-98)
<PAGE>
CUSIP NO. 658788104
- --------------------------------------------------------------------------------
1 Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
ERNEST D KING ###-##-####
VIDES E KING ###-##-####
2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b)
3 SEC Use Only
4 Citizenship or Place of Organization
United States Citizens
Number of 5 Sole Voting Power *ERNEST D KING 261,372 SHARES
**VIDES E KING 261,372 SHARES
Shares
6 Shared Voting Power ERNEST D KING & VIDES E KING
Beneficially 18,304 SHARES
Owned by 7 Sole Dispositive Power *ERNEST D KING 261,372 SHARES
**VIDES E KING 261,372 SHARES
Each Reporting
8 Shares Dispositive Power ERNEST D KING & VIDES E KING
Beneficially 18,304 SHARES
Person With
*SHARES HELD IN THE FOLLOWING: ERNEST D KING LIVING TRUST
**SHARES HELD IN THE FOLLOWING: VIDES E KING LIVING TRUST
ERNEST & VIDE KING ARE MARRIED
9 Aggregate Amount Beneficially Owned by Each Reporting Person
TOTAL OWNED BY MR & MRS KING 541,048 SHARES
10 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
(See Instructions)
11 Percent of Class Represented by Amount in Row (11) 7.59%
12 Type of Reporting Person (See Instructions)
IN
<PAGE>
Item 1(a) Name of Issuer:
North Country Financial Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
130 S. Cedar Street
Manistique, MI 49854
Item 2(a) Name of Person Filing:
Ernest D. King
Vides E. King
Item 2(b) Address of Principal Business Office or, if None, Residence:
P.O. Box 216
Naubinway, MI 49762
Item 2(c) Citizenship:
United States
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
658788104
Item 3 If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b)
or (c) 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)(6) of the Act;
(c) [ ] Insurance company as defined in Section 3(a)(19) of the
Act;
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act;
(e) [ ] An investment advisor registered in accordance with
Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person, in accordance
with Rule 13d-1(b)(ii)(G);
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J);
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act;
(j) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act.
If this statement is filed pursuant to Rule 13d-1(c), check this box ___
<PAGE>
Item 4 Ownership:
Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer identified in
Item 1.
(a) Amount beneficially owned: 541,048 shares
(b) Percent of Class: 7.59%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
*Ernest D. King 261,372 shares
**Vides E. King 261,273 shares
(ii) Shared power to vote or to direct the vote:
Ernest D. King & Vides E. King - 18,304
(iii) Sole power to dispose or to direct the disposition of:
*Ernest D. King 261,372 shares
**Vides E. King 261,273 shares
(iv) Shared power to dispose or to direct the disposition of:
Ernest D. King & Vides E. King - 18,304
*SHARES HELD IN THE FOLLOWING: ERNEST D KING LIVING TRUST
**SHARES HELD IN THE FOLLOWING: VIDES E KING LIVING TRUST
ERNEST & VIDE KING ARE MARRIED
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:
Not applicable
Item 7 Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by Parent Holding Company:
Not applicable
Item 8 Identification and Classification of Members of the Group:
Not applicable
Item 9 Notice of Dissolution of Group:
Not applicable
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having that purpose or effect.
<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.
4-29-99
Date
/s/ Ernest D. King
Signature
/s/ Vides E. King
Signature
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. The statement is signed on
behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7 for other
parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001)
