MOSINEE PAPER CORP
SC 13G/A, 1996-03-25
PAPER MILLS
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                          SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C.  20549

                                     SCHEDULE 13G
               INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                      UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                  (AMENDMENT NO. 4)*


                              Mosinee Paper Corporation
                                   (Name of Issuer)

                                     Common Stock
                            (Title of Class of Securities)

                                      619600-109
                                    (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 the following page(s))
                                  Page 1 of 8 Pages
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     CUSIP No. 619600-109                13G                   Page 2 of 8 Pages

     1        NAME OF REPORTING PERSON
              S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

              Wilmington Trust Corporation

     2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                         (a) /x/
                                                                         (b) /_/

     3        SEC USE ONLY


     4        CITIZENSHIP OR PLACE OF INCORPORATION

              Delaware Corporation

              NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
              WITH:

     5        SOLE VOTING POWER                  723,828 (See Introductory Note)

     6        SHARED VOTING POWER                      0 (See Introductory Note)

     7        SOLE DISPOSITIVE POWER             721,131 (See Introductory Note)

     8        SHARED DISPOSITIVE POWER                 0 (See Introductory Note)

     9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
              723,828 (See Introductory Note)

     10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
              SHARES* /_/

     11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.1% (See
              Introductory Note)

     12       TYPE OF REPORTING PERSON*

              HC  

     *SEE INSTRUCTION BEFORE FILLING OUT!
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     CUSIP No. 619600-109                13G                   Page 3 of 8 Pages

     1        NAME OF REPORTING PERSON
              S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

              Wilmington Trust Company

     2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                         (a) /x/
                                                                         (b) /_/

     3        SEC USE ONLY


     4        CITIZENSHIP OR PLACE OF INCORPORATION

              Delaware banking corporation

              NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
              WITH:

     5        SOLE VOTING POWER                  723,828 (See Introductory Note)

     6        SHARED VOTING POWER                      0 (See Introductory Note)

     7        SOLE DISPOSITIVE POWER             721,131 (See Introductory Note)

     8        SHARED DISPOSITIVE POWER                 0 (See Introductory Note)

     9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
              723,828 (See Introductory Note)

     10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
              SHARES* /_/

     11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.1% (See
              Introductory Note)

     12       TYPE OF REPORTING PERSON*

              BK 

     *SEE INSTRUCTION BEFORE FILLING OUT!
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     CUSIP No. 619600-109                13G                   Page 4 of 8 Pages

     Introductory Note

     This information statement on Schedule 13G is being filed by Wilmington
     Trust Corporation, a bank holding company, and  Wilmington Trust Company
     in order to amend the form of Schedule 13G previously filed for December
     31, 1993.  The purposes of this amendment are to refile electronically
     with the Securities and Exchange Commission the previously filed Schedule
     13G and to supplement the form of the previously filed Schedule 13G.  The
     data previously reported as to aggregate ownership of shares, aggregate
     percentage ownership of shares, aggregate voting powers, and aggregate
     dispositive powers has not changed, but in this amendment such data is set
     forth separately for each reporting entity.
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     CUSIP No. 619600-109                13G                   Page 5 of 8 Pages

     Item 1 (a).  Name of Issuer:

              Mosinee Paper Corporation

     Item 1 (b).  Address of Issuer's Principal Executive Offices:

              c/o Yawkey Lumber Co.
              500 Third Street, Suite 602
              P.O. Box 65
              Wausau, WI  54402-0065

     Item 2 (a).  Name of Persons Filing:

              Wilmington Trust Corporation, Wilmington Trust Company 

     Item 2 (b).  Address of Principal Business Office:

              1100 North Market Street, Wilmington, DE  19890

     Item 2 (c).  Citizenship:

              Wilmington Trust Corporation is a Delaware corporation;
              Wilmington Trust Company is a Delaware banking corporation. 

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

              Common Stock

     Item 2 (e).  CUSIP Number:  619600-109

     Item 3.  The persons filing this Schedule 13G are:

              Wilmington Trust Corporation and Wilmington Trust Company are a
              Group, in accordance with Section 240.13d-1(b)(1)(ii)(H). 
              Wilmington Trust Corporation is a Parent Holding Company, in
              accordance with Section 240.13d-1(b)(1)(ii)(G).  Wilmington Trust
              Company is a Bank as defined in Section 3(a)(6) of the Securites
              Exchange Act of 1934, as amended, and is a direct, wholly-owned
              subsidiary of Wilmington Trust Corporation.

     Item 4.  Ownership.

              (a)     Amount Beneficially Owned by
                      Wilmington Trust Corporation:  723,828
                      Wilmington Trust Company:      723,828
                      (See Introductory Note)

              (b)  Percent of Class for 
                      Wilmington Trust Corporation:  10.1%
                      Wilmington Trust Company:      10.1%
                      (See Introductory Note)
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     CUSIP No. 619600-109                13G                   Page 6 of 8 Pages


              (c)  Number of shares as to which Wilmington Trust                
          Corporation has:  

                      (i)      sole power to vote or direct the vote:  723,828

                      (ii)     shared power to vote or direct the vote:      0

                      (iii)    sole power to dispose or to direct the
                               disposition of:  721,131

                      (iv)     shared power to dispose or to direct the
                               disposition of:  0

                      (See Introductory Note)

                      Number of shares as to which Wilmington Trust Company
                      has:  

                      (i)      sole power to vote or direct the vote:  723,828

                      (ii)     shared power to vote or direct the vote:      0

                      (iii)    sole power to dispose or to direct the
                               disposition of:  721,131

                      (iv)     shared power to dispose or to direct the
                               disposition of:  0

                      (See Introductory Note)

     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   /_/

     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: 

              Wilmington Trust Company:  BK
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     CUSIP No. 619600-109                13G                   Page 7 of 8 Pages

     Item 8.  Identification and Classification of Members of the Group:  

              Wilmington Trust Corporation:  HC
              Wilmington Trust Company:  BK

     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 purpose or effect.

     Signatures.

     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.

     WILMINGTON TRUST CORPORATION

     By:  /s/         Thomas P. Collins
                      Vice President and Secretary

     WILMINGTON TRUST COMPANY

     By:  /s/         Allan C. Lynch, Jr.
                      Vice President


     Dated:  February 29, 1996
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     CUSIP No. 619600-109                13G                   Page 8 of 8 Pages

                                JOINT FILING AGREEMENT


     Wilmington Trust Corporation and Wilmington Trust Company (the "Filing
     Persons") hereby agree to file jointly the Schedule 13G to which this
     Joint Filing Agreement is attached and any amendments thereto, as
     permitted by Rule 13d-1 promulgated under the Securities Exchange Act of
     1934, as amended.  Each of the Filing Persons agrees that the information
     set forth in such Schedule 13G and any amendments thereto with respect to
     that Filing Person will be true, complete and correct as of the date of
     that Schedule 13G or that amendment, to the best of that Filing Person's
     knowledge and belief, after reasonable inquiry.  Each of the Filing
     Persons makes no representations as to the accuracy or adequacy of the
     information set forth in the Schedule 13G or any amendments thereto with
     respect to the other Filing Person.  Each of the Filing Persons shall
     notify the other Filing Person promptly if any of the information set
     forth in the Schedule 13G or any amendments thereto becomes inaccurate in
     any material respect or if that person learns of information which would
     require an amendment to the Schedule 13G.

     IN WITNESS WHEREOF, the undersigned have executed this Joint Filing
     Agreement as of the 29th day of February, 1996.

     WILMINGTON TRUST CORPORATION

     By:  /s/         Thomas P. Collins
                      Vice President and Secretary

     WILMINGTON TRUST COMPANY

     By:  /s/         Allan C. Lynch, Jr.
                      Vice President
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