UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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SCHEDULE 13G
Under The Securities Exchange Act Of 1934
(Amendment No. 4)
James River Corporation of Virginia
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
470349101
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(CUSIP Number)
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Check the following box if a fee is being paid with this statement |_|.
Page 1 of 7 Pages
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Schedule 13G
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CUSIP NO. 577 778 13G Page 2 of 7 Pages
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1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
James River Corporation of Virginia StockPlus Investment Plan
Trust
I.R.S. Identification No. 54-0848173
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Virginia
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NUMBER OF 5. SOLE VOTING POWER -0-
SHARES -----------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER 9,942,058
OWNED BY EACH -----------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER -0-
PERSON WITH -----------------------------------------------
8. SHARED DISPOSITIVE POWER 9,942,058
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
9,942,058
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |_|
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.5%
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12. TYPE OF REPORTING PERSON
EP
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Page 2 of 7 Pages
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Schedule 13G
Item 1.
(a) Name Of Issuer:
James River Corporation of Virginia
(b) Address of Issuer's Principal Executive Offices:
P.O. Box 2218
Richmond, VA 23217
Item 2.
(a) Name of Person Filing:
James River Corporation of Virginia StockPlus Investment Plan
Trust
(b) Address of Principal Business Office:
The Bank of New York
Master Trust/Master Custody Division
One Wall Street
New York, NY 10286
(c) Citizenship:
New York
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number
470349101
Page 3 of 7 Pages
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Schedule 13G
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 Benefits Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see
ss.240.13d-1(b)(ii)(F)
(g) ____ Parent Holding Company, in accordance with ss.
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) ____ Group, in accordance with ss.240.13d-1(b)(ii)(H)
Item 4. Ownership
As of December 31, 1996:
(a) Amount Beneficially Owned
9,942,058
(b) Percent of Class
11.5%
Page 4 of 7 Pages
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Schedule 13G
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
-0-
(ii) shared power to vote or to direct the vote
9,942,058
(iii) sole power to dispose or to direct the disposition of
-0-
(iv) shared power to dispose or to direct the disposition of
9,942,058
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
The Bank of New York, as Trustee, holds the stock of James River
Corporation of Virginia (the "Company") for the exclusive benefit of
participants and beneficiaries in the James River Corporation of
VirginiaStock Plus Investment Plan (the "Plan") pursuant to the terms
of the Plan and the trust agreement between the Company and the Trustee
with respect to the Plan.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Not applicable
Page 5 of 7 Pages
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Schedule 13G
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 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.
Page 6 of 7 Pages
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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 24, 1997
/s/ Anthony J. Passanesi
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(Signature)
Anthony J. Passanesi
Vice President
The Bank of New York
One Wall Street
New York, New York 10286
Page 7 of 7 Pages
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EXHIBIT I
TO
SCHEDULE 13G
The filing of this Schedule 13G shall not be construed as an
admission that The Bank of New York or any of its subsidiaries is, for
the purposes of Section 13(d) or 13(g) of the Securities Exchange Act
of 1934, the beneficial owner of the securities covered by this
Schedule 13G.
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EXHIBIT INDEX
Exhibit I Statement of The Bank of New York
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