UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____8______)*
HARLEYSVILLE NATIONAL CORPORATION
(Name of Issuer)
COMMON STOCK, par value $1.00 per share
(Title of Class of Securities)
412-850-109
(CUSIP Number)
Calendar Year 1999
(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).
CUSIP No. ....412 850 109
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Harleysville National Bank, Trust Department.
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) X
(b) NOT APPLICABLE
3. SEC Use Only
4. Citizenship or Place of Organization .U.S.A.
(Reporting person is the Trust Department of a Nationally Chartered Banking
Association)
Number of Shares Beneficially Owned by Each Reporting Person With
5. Sole Voting Power 460,178
6. Shared Voting Power 0
7. Sole Dispositive Power 460,178
8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
NOT APPLICABLE
10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) NOT APPLICABLE
11. Percent of Class Represented by Amount in Row (11) 5.81%
12. Type of Reporting Person (See Instructions)
..... BK .....
Item 1.
(a) Name of Issuer: HARLEYSVILLE NATIONAL CORPORATION
(b) Address of Issuer's Principal Executive Offices:
P.O. Box 195
483 Main Street
Harleysville Pa 19438
Item 2.
(a) Name of Person Filing:
Harleysville National Bank, Trust Department
(b) Address of Principal Business Office or, if none, Residence:
P.O. Box 195
483 Main Street
Harleysville Pa 19438
(c) Citizenship:
U.S.A. (Reporting Person is the Trust Department of a Nationally Chartered
Banking Association)
(d) Title of Class of Securities:
Common Stock, par value $1.00 per share
(e) CUSIP Number: 412 850 109
Item 3.
If this statement is filed pursuant to 240.13d-1(b) or 240.13d-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) [X] 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 of 1940 (15 U.S.C 80a-8).
(e) [ ] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations 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 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 460,178 shares of Common Stock, par value
$1.00 per share.
(b) Percent of class: 5.81%.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 460,178.
(ii) Shared power to vote or to direct the vote 0.
(iii) Sole power to dispose or to direct the disposition of 460,178.
(iv) Shared power to dispose or to direct the disposition of 0.
Instruction. For computations regarding securities which represent a right
to acquire an underlying security see 240.13d3(d)(1).
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 [ ].
NOT APPLICABLE
Instruction: Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class,
such person should be identified. A listing of the shareholders of an
investment company registered under the Investment Company Act of 1940 or the
beneficiaries of employee benefit plan, pension fund or endowment fund is not
required.
460,178 shares of the Issuer that are "beneficially owned" by Harleysville
National Bank, Trust Department are held in its fiduciary capacity in its
nominee name, Harley Co. Harleysville National Bank, Trust Department has
sole power to vote or to direct the vote of 460,178 shares of the Issuer and
sole power to dispose or to direct the disposition of 460,178 shares of the
Issuer.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
If a parent holding company has filed this schedule, pursuant to Rule 13d-1
b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a
parent holding company has filed this schedule pursuant to Rule 13d-1(c) or
Rule 13d-1(d), attach an exhibit stating the identification of the relevant
subsidiary.
NOT APPLICABLE
Item 8. Identification and Classification of Members of the Group
If a group has filed this schedule pursuant to 240.13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item
3 classification of each member of the group. If a group has filed this
schedule pursuant to 240.13d-1(c) or 240.13d-1(d), attach an exhibit stating
the identity of each member of the group.
NOT APPLICABLE
Item 9. Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity. See Item 5.
NOT APPLICABLE
Item 10. Certification
(a) The following certification shall be included if the statement is filed
pursuant to 240.13d-1(b):
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.
(b) The following certification shall be included if the statement is filed
pursuant to 240.13d-1(c):
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.
Pursuant to 240.13d-1(b):
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.
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.
Date: February 1, 2000
/s/ Clay T. Henry
Clay T. Henry, Sr. Vice President and Trust Officer
Harleysville National Bank, Trust Department
