UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5 )
INVESTORS HERITAGE LIFE INSURANCE COMPANY
(Name of Insurer)
COMMON STOCK
(Title of Class of Securities)
461560 10 4
(CUSIP Number)
Check the following 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 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).
1) Name of Reporting Person: TAP & CO.
SS or IRS Identification No.: 61-0733149
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) X
b)
3) SEC USE ONLY:
4) Citizenship or Place of Organization: KENTUCKY
Number of Shares 5) Sole Voting Power:
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power: 65,585
These shares are held for the benefit of
employees who participate in the Employee
Stock Ownership Plan and the 401(k) Savings
Plan. The Administrative Committee of these
plans directs the voting of these shares.
7) Sole Dispositive Power:
8) Shared Dispositive Power: 65,585
The Trustee has the power to dispose of these
shares by making distributions to
beneficiaries in accordance with the plans.
9) Aggregate Amount Beneficially Owned by Each Reporting Person
(See Instructions): 65,585
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
11) Percent of Class Represented by Amount in Row (9): 7.29%
12) Type of Reporting Person (See Instructions): EP
Item 1.
(a) Name of Issuer: Investors Heritage Life Insurance Company
(b) Address of Issuer's Principal Executive Offices: 200 Capital Avenue,
Frankfort, Kentucky 40601
Item 2.
(a) Name of Person Filing: TAP & CO.
(b) Address of Principal Business Office or, if none, Residence: Farmers
Bank Plaza, Main Street, Frankfort, Kentucky 40601
(c) Citizenship: Kentucky
(d) Title of Class of Securities: Common Stock $1 Par Value
(e) CUSIP Number: 461560 10 4
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
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) Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) X Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974 or Endowment
fund; see section 240.13d-1(b)(ii)(F)
(g) Parent Holding Company, in accordance with section
240.13d1(b)(ii)(G)(Note: See Item 7)
(h) Group, in accordance with section 240.13d-1(b)(l)(ii)(H)
Item 4. Ownership
(a) Amount Beneficially Owned: 65,585
(b) Percent of Class: 7.29%
(c) Number of Shares as to Which Such Person Has
(i) sole power to vote or to direct the vote: N/A
(ii) shared power to vote or to direct the vote: 65,585
(iii) sole power to dispose or to direct the disposition of: N/A
(iv) shared power to dispose or to direct the disposition of: 65,585
Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person
TAP & CO., Trustee for Employee Benefit Plan. Receives the dividends and
Benefit Plan Committee directs the Trustee how to vote.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
N/A
Item 8. Identification and Classification of members of the Group
(See Exhibit A Attached Hereto.)
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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.
/s/ January 28, 1997
TAP & CO. Date
BY: Rickey D. Harp
1) Name of Reporting Person: KENTUCKY INVESTORS, INC.
SS or IRS Identification No.: 61-6030333
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) X
b)
3) SEC USE ONLY:
4) Citizenship or Place of Organization: KENTUCKY
Number of Shares 5) Sole Voting Power: 663,142
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power:
7) Sole Dispositive Power: 663,142
8) Shared Dispositive Power:
9) Aggregate Amount Beneficially Owned by Each Reporting Person
(See Instructions): 663,142
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
11) Percent of Class Represented by Amount in Row (9): 73.8%
12) Type of Reporting Person (See Instructions): HC
Item 1.
(a) Name of Issuer: Investors Heritage Life Insurance Company
(b) Address of Issuer's Principal Executive Offices: 200 Capital
Avenue,Frankfort, Kentucky 40601
Item 2.
(a) Name of Person Filing: KENTUCKY INVESTORS, INC.
(b) Address of Principal Business Office or, if none, Residence: 200
Capital Avenue, Frankfort, Kentucky 40601
(c) Citizenship: Kentucky
(d) Title of Class of Securities: Common Stock $1 Par Value
(e) CUSIP Number: 461560 10 4
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a: N/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) Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974 or Endowment
fund; see section 240.13d-1(b)(ii)(F)
(g) Parent Holding Company, in accordance with section 240.13d
1(b)(ii)(G)(Note: See Item 7)
(h) Group, in accordance with section 240.13d-1(b)(l)(ii)(H)
Item 4. Ownership
(a) Amount Beneficially Owned: 663,142
(b) Percent of Class: 73.8%
(c) Number of Shares as to Which Such Person Has
(i) sole power to vote or to direct the vote: 663,142
(ii) shared power to vote or to direct the vote: N/A
(iii) sole power to dispose or to direct the disposition of: 663,142
(iv) shared power to dispose or to direct the disposition of: N/A
Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
N/A
Item 8. Identification and Classification of members of the Group
(See Exhibit A Attached Hereto.)
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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.
January 28, 1997
Date
BY: /s/
Harry Lee Waterfield II
Chairman of the Board, President
1) Name of Reporting Person: HARRY LEE WATERFIELD II
SS or IRS Identification No.: ###-##-####
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) X
b)
3) SEC USE ONLY:
4) Citizenship or Place of Organization: KENTUCKY
Number of Shares 5) Sole Voting Power: 1,788
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power: 8,555
7) Sole Dispositive Power: 1,788
8) Shared Dispositive Power: 673,862
9) Aggregate Amount Beneficially Owned by Each Reporting Person
(See Instructions): 675,650
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
11) Percent of Class Represented by Amount in Row (9): 75.20%
12) Type of Reporting Person (See Instructions): IN
Item 1.
(a) Name of Issuer: Investors Heritage Life Insurance Company
(b) Address of Issuer's Principal Executive Offices: 200 Capital Avenue,
Frankfort, Kentucky 40601
Item 2.
(a) Name of Person Filing: HARRY LEE WATERFIELD II
(b) Address of Principal Business Office or, if none, Residence: 200
Capital Avenue, Frankfort, Kentucky 40601
(c) Citizenship: Kentucky
(d) Title of Class of Securities: Common Stock $1 Par Value
(e) CUSIP Number: 461560 10 4
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a: N/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) Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974 or Endowment
fund; see section 240.13d-1(b)(ii)(F)
(g) Parent Holding Company, in accordance with section 240.13d
1(b)(ii)(G)(Note: See Item 7)
(h) Group, in accordance with section 240.13d-1(b)(l)(ii)(H)
Item 4. Ownership
(a) Amount Beneficially Owned: 675,650
(b) Percent of Class: 75.20%
(c) Number of Shares as to Which Such Person Has
(i) sole power to vote or to direct the vote: 1,788
(ii) shared power to vote or to direct the vote: 8,555
(iii) sole power to dispose or to direct the disposition of: 1,788
(iv) shared power to dispose or to direct the disposition of: 673,862
Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
N/A
Item 8. Identification and Classification of members of the Group
(See Exhibit A Attached Hereto.)
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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.
January 28, 1997
Date
/s/
Harry Lee Waterfield II
1) Name of Reporting Person: HLW CORPORATION
SS or IRS Identification No.: 61-0593515
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) X
b)
3) SEC USE ONLY:
4) Citizenship or Place of Organization: KENTUCKY
Number of Shares 5) Sole Voting Power: 642
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power: 673,210
7) Sole Dispositive Power: 642
8) Shared Dispositive Power: 673,210
9) Aggregate Amount Beneficially Owned by Each Reporting Person
(See Instructions): 673,852
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
11) Percent of Class Represented by Amount in Row (9): 75%
12) Type of Reporting Person (See Instructions): CO
Item 1.
(a) Name of Issuer: Investors Heritage Life Insurance Company
(b) Address of Issuer's Principal Executive Offices: 200 Capital
Avenue,Frankfort, Kentucky 40601
Item 2.
(a) Name of Person Filing: HLW CORPORATION
(b) Address of Principal Business Office or, if none, Residence: 200
Capital Avenue, Frankfort, Kentucky 40601
(c) Citizenship: Kentucky
(d) Title of Class of Securities: Common Stock $1 Par Value
(e) CUSIP Number: 461560 10 4
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a: N/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) Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974 or Endowment
fund; see section 240.13d-1(b)(ii)(F)
(g) Parent Holding Company, in accordance with section 240.13d-
1(b)(ii)(G)(Note: See Item 7)
(h) Group, in accordance with section 240.13d-1(b)(l)(ii)(H)
Item 4. Ownership
(a) Amount Beneficially Owned: 673,852
(b) Percent of Class: 75%
(c) Number of Shares as to Which Such Person Has
(i) sole power to vote or to direct the vote: 642
(ii) shared power to vote or to direct the vote: 673,210
(iii) sole power to dispose or to direct the disposition of: 642
(iv) shared power to dispose or to direct the disposition of: 673,210
Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
N/A
Item 8. Identification and Classification of members of the Group
(See Exhibit A Attached Hereto.)
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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.
HLW CORPORATION January 28, 1997
Date
BY: /s/
Harry Lee Waterfield II, Chairman
1) Name of Reporting Person: HLW INVESTMENT CORPORATION
SS or IRS Identification No.: 61-1014584
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) X
b)
3) SEC USE ONLY:
4) Citizenship or Place of Organization: KENTUCKY
Number of Shares 5) Sole Voting Power: 7,900
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power: 665,952
7) Sole Dispositive Power: 7,900
8) Shared Dispositive Power: 665,952
9) Aggregate Amount Beneficially Owned by Each Reporting Person
(See Instructions): 673,852
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
11) Percent of Class Represented by Amount in Row (9): 75%
12) Type of Reporting Person (See Instructions): CO
Item 1.
(a) Name of Issuer: Investors Heritage Life Insurance Company
(b) Address of Issuer's Principal Executive Offices: 200 Capital Avenue,
Frankfort, Kentucky 40601
Item 2.
(a) Name of Person Filing: HLW INVESTMENT CORPORATION
(b) Address of Principal Business Office or, if none, Residence: 200
Capital Avenue, Frankfort, Kentucky 40601
(c) Citizenship: Kentucky
(d) Title of Class of Securities: Common Stock $1 Par Value
(e) CUSIP Number: 461560 10 4
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a: N/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) Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974 or Endowment
fund; see section 240.13d-1(b)(ii)(F)
(g) Parent Holding Company, in accordance with section 240.13d
1(b)(ii)(G)(Note: See Item 7)
(h) Group, in accordance with section 240.13d-1(b)(l)(ii)(H)
Item 4. Ownership
(a) Amount Beneficially Owned: 673,852
(b) Percent of Class: 75%
(c) Number of Shares as to Which Such Person Has
(i) sole power to vote or to direct the vote: 7,900
(ii) shared power to vote or to direct the vote: 665,952
(iii) sole power to dispose or to direct the disposition of: 7,900
(iv) shared power to dispose or to direct the disposition of: 665,952
Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
N/A
Item 8. Identification and Classification of members of the Group
(See Exhibit A Attached Hereto.)
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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.
HLW INVESTMENT CORPORATION January 28, 1997
Date
BY: /s/
Harry Lee Waterfield II, Chairman
1) Name of Reporting Person: INVESTORS HERITAGE PRINTING, INC.
SS or IRS Identification No.: 61-1134624
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) X
b)
3) SEC USE ONLY:
4) Citizenship or Place of Organization: KENTUCKY
Number of Shares 5) Sole Voting Power: 2,165
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power: 671,687
7) Sole Dispositive Power: 2,165
8) Shared Dispositive Power: 671,687
9) Aggregate Amount Beneficially Owned by Each Reporting Person
(See Instructions): 673,852
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
11) Percent of Class Represented by Amount in Row (9): 75%
12) Type of Reporting Person (See Instructions): CO
Item 1.
(a) Name of Issuer: Investors Heritage Life Insurance company
(b) Address of Issuer's Principal Executive Offices: 200 Capital Avenue,
Frankfort, Kentucky 40601
Item 2.
(a) Name of Person Filing: INVESTORS HERITAGE PRINTING, INC.
(b) Address of Principal Business Office or, if none, Residence: 200
Capital Avenue, Frankfort, Kentucky 40601
(c) Citizenship: Kentucky
(d) Title of Class of Securities: Common Stock $1 Par Value
(e) CUSIP Number: 461560 10 4
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a: N/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) Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974 or Endowment
fund; see section 240.13d-1(b)(ii)(F)
(g) Parent Holding Company, in accordance with section 240.13d
1(b)(ii)(G)(Note: See Item 7)
(h) Group, in accordance with section 240.13d-1(b)(l)(ii)(H)
Item 4. Ownership
(a) Amount Beneficially Owned: 673,852
(b) Percent of Class: 75%
(c) Number of Shares as to Which Such Person Has
(i) sole power to vote or to direct the vote: 2,165
(ii) shared power to vote or to direct the vote: 671,687
(iii) sole power to dispose or to direct the disposition of: 2,165
(iv) shared power to dispose or to direct the disposition of: 671,687
Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
N/A
Item 8. Identification and Classification of members of the Group
(See Exhibit A Attached Hereto.)
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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.
INVESTORS HERITAGE PRINTING, INC. January 28, 1997
Date
BY: /s/
Harry Lee Waterfield II, Chairman
EXHIBIT A
Members of the Group:
1. TAP & CO.
2. Kentucky Investors, Inc.
3. Harry Lee Waterfield II
4. HLW Corporation
5. HLW Investment Corporation
6. Investors Heritage Printing, Inc.
