SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b) AMENDMENT NO. 7
KILLEARN PROPERTIES, INC.
(Name of Issuer)
Common Stock, $0.10 Par Value
(Title of Class of Securities)
494125707
(CUSIP Number)
February 14, 1981
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is Filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
CUSIP No. 494125707
(1) Names of Reporting Persons S.S. or I.R.S. Identification Nos.
of Above Persons.
Joseph T. Williams, Jr.
(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 U.S.A.
Number of (5) Sole Voiting Power 195,816
Shares Beneficially (6) Shared Voiting Power 37,080
Owned by (7) Sole Dispositive Power 195,816
Each Reporting (8) Shared Dispositive Power 37,080
Person With
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 232,896
(10)Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) Not applicable
(11)Percent of Class Represented by Amount in Row (9) 17.4
(12)Type of Reporting Person (See Instructions) IN
Item 1(a).
Name of Issuer:
Killearn Properties, Inc. ("Killearn").
Item 1(b).
Address of Issuer's Principal Executive Offices:
385 Country Club Drive
Stockbridge, Georgia 30281
Item 2(a).
Name of Person Filing:
Joseph T. Williams, Jr.
Item 2(b).
Address of Principal Business Office:
127 Glenn Eagle Way
McDonough, Georgia 30253
Item 2(c).
Citizenship or State of Incorporation:
U.S.A.
Item 2(d).
Title of Class of Securities:
Common Stock, $0.10 Par Value
Item 2(e).
CUSIP Number:
494125707
Item 3.
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c),
identify the status of the person filing.
[control person]
Item 4. Ownership.
(a) Amount Beneficially Owned: 232,896 shares.
(b) Percent of Class: 17.4
(c) Number of shares as to which such person has:
(i) sole power to vote or to
direct the vote 195,816 shares.
(ii) shared power to vote or to
direct the vote 232,896 shares.
(iii) sole power to dispose or to
direct the disposition of 195,816 shares.
(iv) shared power to dispose or to
direct the disposition of 232,896 shares.
Item 5.
Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following.
[X]
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 the 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.
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.
August 19, 1999
/s/ Joseph T. Williams, Jr.
JOSEPH T. WILLIAMS, JR.
Greenberg Traurig, P.A.
1221 Brickell Avenue
Miami, Florida 33131
Arthur L. Gallagher
(305) 579-0783
[email protected]
August 19, 1999
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attention: Filing Desk
Re: Killearn Properties, Inc. (Commission File No. 1-06762)
(the "Registrant")
Dear Sir or Madam:
On behalf of Joseph T. Williams, Jr., enclosed for filing, via direct
transmission to the EDGAR system of the Securities and Exchange
Commission (the "Commission"), are the following:
(i) Amendment to Schedule 13G dated as of February 14, 1981;
(ii) Amendment to Schedule 13G dated as of February 14, 1990;
(iii) Amendment to Schedule 13G dated as of February 14, 1992;
(iv) Amendment to Schedule 13G dated as of February 14, 1996; and
(v) Amendment to Schedule 13G dated as of February 14, 1997;
Sincerely,
/s/Arthur L. Gallagher
Arthur L. Gallagher
