SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.7)*
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)
Page 1 of 5
CUSIP No. 577345-10-1
13G
1. Name of Reporting Person: DOUGLAS BALDWIN CAMERON
Social Security Number: ###-##-####
2. Check appropriate box if a member of a group*
(a) [X]
THE J. WALTER CAMERON FAMILY GROUP
(b) [ ]
3. SEC Use Only
4. Citizenship: UNITED STATES OF AMERICA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5. Sole voting power: 58,300
6. Shared voting power: 157,049
7. Sole dispositive power: 58,300
8. Shared dispositive power: 157,049
9. Aggregate amount beneficially owned by each reporting
person: 215,349
(The J. Walter Cameron Family Group beneficially owns in the
aggregate 673,642 shares)
10. Check box if aggregate amount in 9. above excludes certain
shares*: [ ]
11. Percent of class represented by amount in 9. above: 11.98%
(The J. Walter Cameron Family Group beneficially owns in the
aggregate 37.5% of the class)
12. Type of reporting person*: IN
Page 2 of 5
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: DOUGLAS BALDWIN CAMERON
Item 2(b) Address of Principal Business Office or Residence:
430A Kaulana St., Kahului, Hi 96732
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.
Page 3 of 5
Item 4 Ownership:
(a) Amount beneficially owned: 215,349
(b) Percent of class: 11.98%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
58,300
(ii) Shared power to vote or to
direct the vote: 157,049
(iii) Sole power to dispose or
to direct the disposition of: 58,300
(iv) Shared power to dispose or to
direct the disposition of: 157,049
The foregoing beneficial ownership figures concerning
shared dispositive and voting power, and aggregate beneficial
ownership, include the full number of shares held by each entity
listed in Part B of Exhibit A as to which the undersigned serves
as one of multiple trustees, general partners, or directors.
Inclusion of such shares in response to Item 4 does not
constitute an admission that the undersigned is a beneficial
owner of shares held by such entities.
Item 5 Ownership of five percent or less of a class:
Inapplicable.
Item 6 Ownership of more than five percent on behalf of
another person: Inapplicable.
Item 7. Identification and classification of the subsidiary
which acquired the security being reported on by the
parent holding company: Inapplicable.
Item 8 Identification and classification of members of the
group:
See Exhibit A.
Item 9 Notice of dissolution of group: Inapplicable.
Page 4 of 5
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/ DOUGLAS B. CAMERON
Signature:___________________________________
MARCH 31ST, 1997
Date:_____________________________
Name/Title: DOUGLAS BALDWIN CAMERON
Page 5 of 5
EXHIBIT A
THE J. WALTER CAMERON FAMILY GROUP
PREAMBLE
The J. Walter Cameron Family Group (the "Group") consists of
Mary C. Sanford, Claire C. Sanford, Jared B. H. Sanford, Richard
H. Cameron, Douglas B. Cameron and Joseph W. Hartley Jr. Part A
of this exhibit identifies shares of Maui Land & Pineapple
Company, Inc. ("ML&P") owned individually by each member of the
Group. Part B identifies ML&P shares owned by entities for which
members of the Group serve as trustees, general partners or
directors. Such entities are listed because group members
holding such positions and/or the Group may, due to such
positions, be deemed under Section 13 to share beneficial
ownership of shares held by such entities. Inclusion in this
exhibit of such entities does not mean or imply that such
entities themselves constitute Group members.
The total number of ML&P shares beneficially owned by members of
the Group, including shares held by the entities listed in Part
B, is 673,642 shares, or 37.5% of ML&P's outstanding stock.
A. GROUP MEMBERS (Note A) Shares Held
The following individuals hold sole voting and dispositive power
with respect to shares listed below, except as indicated in Notes
B and C.
(1) Mary C. Sanford (including shares 150,341
held as Trustee of the
Mary C. Sanford Trust)
(2) Claire C. Sanford 42,551
(daughter of Mary C. Sanford)
(3) Jared B. H. Sanford 43,050
(son of Mary C. Sanford)
(4) Richard H. Cameron 55,522
(son of Colin C. Cameron) (Note B)
(a) Jyl D. S. Cameron 500
(wife; not a group member) (Note C)
(b) Jyl D. S. Cameron as Custodian 100
for Summer Cameron (daughter) (Note C)
(c) Richard H. Cameron as Custodian 400
for Summer Cameron (daughter)
(d) Richard H. Cameron as Custodian 400
for Julia Cameron (daughter)
(e) Richard H. Cameron as Custodian 400
for Mara Cameron (daughter)
(5) Douglas B. Cameron 58,300
(son of Colin C. Cameron)
(6) Joseph W. Hartley Jr. 4,500
B. RELATED ENTITIES Shares Held
The following entities are record holders of the shares listed
below.
(7) J. Walter Cameron Trust 20,360
Trustees are Mary C. Sanford (2),
Claire C. Sanford (3),
Richard H. Cameron (5),
Margaret A. C. Alvidrez (Note A)
and Hawaiian Trust Co., Ltd.
Trust beneficiaries are Mary C. Sanford (1),
Richard H. Cameron (4), Douglas B. Cameron (5),
Margaret A. C. Alvidrez (Note A)
and Frances C. Ort (Note A).
(8) Colin C. Cameron Trust 51,110
Trustees are Richard H. Cameron (4),
Douglas B. Cameron (5),
Francis C. Ort (Note A),
Margaret A. C. Alvidrez (Note A),
and Hawaiian Trust Co., Ltd.
Trust beneficiaries are
Richard H. Cameron, Douglas B. Cameron,
Margaret A. C. Alvidrez, Frances C. Ort
and Pamela A. Cameron (widow of
Colin C. Cameron).
(9) Cameron Family Partnership, 99,776
a limited partnership of which
Mary C. Sanford (1),
Claire C. Sanford (2),
Richard H. Cameron (4),
and Frances C. Ort (Note A)
are the general partners.
(10) Alan G. Sanford Trust 39,029
Trustee is Mary C. Sanford (1).
Beneficiaries are
Claire C. Sanford (2), and
Jared B. H. Sanford (3).
(71) Maui Publishing Company, Ltd. 105,939
Mary C. Sanford (1),
Claire C. Sanford (2),
Jared B. Sanford (3),
Richard H. Cameron (4),
Douglas B. Cameron (5),
Frances C. Ort (Note A) and
Margaret A. C. Alvidrez (Note A)
serve on the 10-member board of
directors of Maui Publishing Company, Ltd.
Mary C. Sanford is the chairman and president, and
Richard H. Cameron is the publisher and vice president,
of that company. Members of The Cameron Family Group
are controlling shareholders of Maui Publishing
Company, Ltd.
NOTES:
A. In 1995, Margaret A. C. Alvidrez and Frances C. Ort
(daughters of Colin C. Cameron) each filed Schedule 13G with
the Securities and Exchange Commission, which stated that
they are no longer members of the Group. Accordingly, this
exhibit does not include shares held by those individuals.
B. The amount listed for Richard H. Cameron includes 1,364
shares allocated as of December 31, 1995 to his account in
the Maui Land & Pineapple Company, Inc. Employee Stock
Ownership Plan (the "ESOP"), which holds 139,341 shares of
ML&P's common stock. Mr. Cameron holds shared voting power
with respect to shares allocated to his ESOP account. The
ESOP administrative committee holds dispositive power with
respect to shares held by the ESOP.
C. Richard H. Cameron may be deemed to share voting and
dispositive power with respect to the shares held by
Jyl D. S. Cameron.