MAUI LAND & PINEAPPLE CO INC
SC 13G/A, 1995-02-14
CANNED, FRUITS, VEG, PRESERVES, JAMS & JELLIES
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                     SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549


                               SCHEDULE 13G


                 Under the Securities Exchange Act of 1934
                           (Amendment No. 4)*


                   MAUI LAND & PINEAPPLE COMPANY, INC.
                           (Name of Issuer)

                               COMMON
                    (Title of Class of Securities)

                            577345-10-1
                          (CUSIP Number)


Check the following box 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 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).

(continued on following pages)








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CUSIP No. 577345-10-1
13G


1.    Name of Reporting Person:  MARGARET A. C. ALVIDREZ    
                              (fka MARGARET ALEXANDER CAMERON)    
      Social Security Number:  ###-##-####


2.    Check appropriate box if a member of a group*                  (a) [ ]
                                                                     (b) [x]  




3.    SEC Use Only


4.    Citizenship:  UNITED STATES OF AMERICA


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

5.    Sole voting power:  INAPPLICABLE

6.    Shared voting power: INAPPLICABLE

7.    Sole dispositive power:  INAPPLICABLE

8.    Shared dispositive power:  INAPPLICABLE


9.    Aggregate amount beneficially owned by each reporting person: 
      INAPPLICABLE

10.   Check box if aggregate amount in 9. above excludes certain shares*: [X]

      
11.   Percent of class represented by amount in 9. above:  INAPPLICABLE
      

12.   Type of reporting person*:  IN










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Item 1(a)   Name of Issuer:  MAUI LAND & PINEAPPLE COMPANY, INC.


Item 1(b)   Address of Issuer's Principal Executive Offices:
            120 KANE STREET, KAHULUI, MAUI, HAWAII


Item 2(a)   Name of Person Filing:  MARGARET A. C. ALVIDREZ
                                  (fka MARGARET ALEXANDER CAMERON)

Item 2(b)   Address of Principal Business Office or Residence:
            4750 PAULSEN LANE, SEBASTOPOL, CALIFORNIA   95472


Item 2(c)   Citizenship:  USA


Item 2(d)   Title of Class of Securities:  COMMON


Item 2(e)   CUSIP Number:  577345-10-1


Item 3      If this statement is filed pursuant to Rules 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
                        this Act;
            (d) [ ]     Investment company registered under Section 3 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 13d-
                        1(b)(1)(ii)(F);
            (g) [ ]     Parent holding company, in accordance with 13d-
                        1(b)(ii)(G); (note:  see item 7)
            (h) [ ]     Group, in accordance with Rule 13d-1(b)(1)(ii)(H);
                

            Inapplicable. 





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Item 4      Ownership:
            If the percent of the class owned, as of December 31 of the year 
            covered by the statement, or as of the last day of any month
            described in Rule 13d-1(b)(2), if applicable, exceeds five
            percent, provide the following information as of that date and
            identify those shares which there is a right to acquire.

            (a)   Amount beneficially owned: 

            (b)   Percent of class:  

            (c)   Number of shares as to which such person has:

                  (i)   Sole power to vote or to direct the vote: 

                  (ii)  Shared power to vote or to direct the vote: 

                  (iii) Sole power to dispose or to direct the disposition of:
                        

                  (iv)  Shared power to dispose or to direct the disposition
                        of: 
            Inapplicable.  See Item 5.  
            The undersigned is one of five trustees of the Colin C. Cameron 
            Trust, which owns 51,110 of the issuer's shares, and one of four
            trustees of the J. Walter Cameron Trust, which owns 20,360 of such
            shares.  The governing instrument of each trust requires that
            actions by that entity be approved by a majority of its trustees. 
            The undersigned has no ability individualy to vote, dispose of or
            direct the voting or disposition of shares held by either trust. 
            The undersigned disclaims sole or shared voting or dispositive
            power with respect to shares of the issuer held by such trusts,
            and such shares have been excluded in calculating the
            undersigned's percentage interests.
            

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 that five percent of the class of
            securities, check the following: [X]

Item 6      Ownership of more than five percent on behalf of another person:  

            Inapplicable. See Item 4.


Item 7.     Identification and classification of the subsidiary which acquired
            the security being reported on by the parent holding company: 
            Inapplicable.

Page 4 of 5



Item 8      Identification and classification of members of the group:  
            Inapplicable

Item 9      Notice of dissolution of group:  
            On or about 4/23/94, the undersigned ceased to be a 
            member of the J. Walter Family Group identified in prior filings
            by the undersigned.  

Item 10     Certification:

            Inapplicable.
            


                                  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.

                        /s/ Margaret A. C. Alvidrez
            Signature:___________________________________

                  2/10/95
            Date:_____________________________


            Name/Title:  MARGARET A. C. ALVIDREZ



















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