SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
240.13d-102
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
(S)240.13D-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT
TO (S)240.13D-2
(Amendment No. 3 )*
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Lance, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
514606102
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(CUSIP Number)
December 31, 1998
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- ---
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)
*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).
<PAGE>
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CUSIP NO. 514606102 13G
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BankAmerica Corporation
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2
(a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4 Delaware
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SOLE VOTING POWER
5
NUMBER OF
SHARES -----------------------------------------------
- ------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING
PERSON -----------------------------------------------
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SHARED DISPOSITIVE POWER
WITH 8
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
10 [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
Holdings less than 5% (Closing)
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TYPE OF REPORTING PERSON*
12 HC
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2
<PAGE>
Item 1 (a) Name of Issuer: Lance, Inc.
(b) Address of Issuer's P.O. Box 32368
Principal Executive Charlotte, North Carolina
28232
Offices:
Item 2 (a) Names of Person Filing:
BankAmerica Corporation (BAC)*
(b) Address of Principal
Business Offices: BAC
100 North Tryon St.
Charlotte, NC 28255
(c) Citizenship:
BAC Delaware
(d) Title of Class of Common Stock
Securities:
(e) CUSIP Number: 514606102
* On September 30, 1998, BankAmerica Corporation, a Delaware
corporation merged with and into NationsBank Corporation, which
was the surviving corporation in the Merger and then changed its
name to "BankAmerica Corporation" ("BankAmerica"). As a result of
the mergers, BankAmerica succeeded to the assets and liabilities
of both NationsBank and Old BankAmerica. Additional information
regarding these mergers is set forth in NationsBank's Current
Report on Form 8-K filed April 17, 1998, as amended.
BankAmerica is a bank holding company registered under
the Bank Holding Company Act of 1956, as amended, with its
principal executive offices located in Charlotte, North Carolina.
Item 3 If this statement is filed pursuant to Rules 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
(15 U.S.C. 78o)
(b) [_] Bank as defined in Section 3(a)(6) of the
Act (15 U.S.C.
78c)
(c) [_] Insurance Company as defined in Section
3(a)(19) of the
Act (15 U.S.C. 78c)
(d) [_] Investment Company registered under Section
8 of the
Investment Company Act (15 U.S.C. 80a-8)
(e) [_] An investment adviser in accordance with
(S)240.13d-
1(b)(1)(ii)(E)
___________ Page 3
<PAGE>
(f) [_] An employee benefit plan or endowment fund
in accordance
with (S)240.13d-1(b)(1)(ii)(F)
(g) [x] A parent holding company or control person
in accordance
with (S)240.13d-1(b)(ii)(G)
(h) [_] A savings association as defined in Section
3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) [_] A church plan that is excluded from the
definition of an
investment company under section 3(c)(14) of
the
Investment Company Act of 1940 (15 U.S.C. 80a-
3)
(j) [_] Group, in accordance with (S)240.13d-
1(b)(1)(ii)(J)
If this statement is filed pursuant to (S)240.13d-1(c), check this
box. [_]
Item 4 *Ownership
With respect to the beneficial ownership of the
reporting entity as of 12-31-98, see Items 5 through 11,
inclusive, of the respective cover pages of this Schedule 13G
applicable to such entity which are incorporated herein by
reference.
* By virtue of the corporate relationships between Reporting
Persons as
described in Item 7, BAC (the parent company) may be deemed
to possess
indirect beneficial ownership of shares beneficially owned
directly by its
subsidiaries. Similarly, higher tier BAC subsidiaries may be
deemed to possess indirect beneficial ownership of shares
beneficially owned directly by lower tier BAC subsidiaries. The
power to vote and to dispose of shares may be deemed to be shared
between entities due to their corporate relationships.
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 Subsidiaries
Which
Acquired the Security Being Reported on by the Parent
Holding
Company.
Pursuant to Rule 13d-1(b)(1)(ii)(G) of the Securities Exchange
Act of 1934, BankAmerica Corporation is filing this Form 13GA as a
parent holding company under Section 203 of the Investment
Advisors Act of 1940.
Page 4
<PAGE>
Item 8 Identification and Classification of Members of the
Group.
Not Applicable.
Item 9 Notice of Dissolution of Group.
Not Applicable.
Item 10 Certification.
[x] By signing below I certify that, to the best of my
knowledge and
belief, the securities referred to above were acquired
and are held
in the ordinary course of business and 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. (13d-1(b)).
[_] 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. (13d-1(c)).
After reasonable inquiry and to the best of my knowledge and
belief, the
undersigned certify that the information set forth in this
statement is true,
complete and correct.
Dated: February 18, 1999
BANKAMERICA CORPORATION*
By: /s/ SATISH PATTEGAR
Satish Pattegar
Senior Vice President
Corporate Compliance
BankAmerica Corporation
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EXHIBIT A
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JOINT FILING AGREEMENT
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The undersigned hereby agree that they are filing this
statement jointly
pursuant to Rule 13d-1(f)(1). Each of them is responsible for the
timely filing
of such Schedule 13G and any amendments thereto, and for the
completeness and
accuracy of the information concerning such person contained
therein; but none
of them is responsible for the completeness or accuracy of the
information
concerning the other persons making the filing, unless such person
knows or has
reason to believe that such information is inaccurate.
Date: February 18, 1999
BANKAMERICA CORPORATION*
*By: /s/ SATISH PATTEGAR
Satish Pattegar
Senior Vice President
Corporate Compliance
BankAmerica Corporation
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