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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. )*
PAB Bankshares, Inc.
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(Name of Issuer)
Common Stock, no par value per share
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(Title of Class of Securities)
69313P 10 1
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(CUSIP Number)
December 31, 1999
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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:
[ ] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] Rule 13d-1(d)
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*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).
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CUSIP NO. 69313P 10 1
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(1) Names of reporting persons
I.R.S. Identification No. of above persons (entities only)
Dewar Family, L.P.
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(2) Check the appropriate box if a member of a group* (a) [_]
(b) [x]
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(3) SEC use only
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(4) Citizenship or place of organization
Georgia
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(5) Sole Voting Power 1,117,026
Number of
Shares -----------------------------------------------------------
Beneficially (6) Shared Voting Power 0
Owned by
Each -----------------------------------------------------------
Reporting (7) Sole Dispositive Power 1,117,026
Person
With -----------------------------------------------------------
(8) Shared Dispositive Power 0
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(9) Aggregate amount beneficially owned by each reporting person
1,117,026
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(10) Check box if the aggregate amount in row (9) excludes certain shares
[_]
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(11) Percent of class represented by amount in row (9)
11.7
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(12) Type of reporting person
PN
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CUSIP NO. 69313P 10 1
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(1) Names of reporting persons
I.R.S. Identification No. of above persons (entities only)
James L. Dewar, Sr.
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(2) Check the appropriate box if a member of a group* (a) [_]
(b) [x]
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(3) SEC use only
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(4) Citizenship or place of organization
United States of America
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(5) Sole Voting Power 553,672
Number of
Shares -----------------------------------------------------------
Beneficially (6) Shared Voting Power 0
Owned by
Each -----------------------------------------------------------
Reporting (7) Sole Dispositive Power 0
Person
With -----------------------------------------------------------
(8) Shared Dispositive Power 1,117,026
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(9) Aggregate amount beneficially owned by each reporting person
1,117,026
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(10) Check box if the aggregate amount in row (9) excludes certain shares
[x]
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(11) Percent of class represented by amount in row (9)
11.7
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(12) Type of reporting person
IN
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CUSIP NO. 69313P 10 1
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(1) Names of reporting persons
I.R.S. Identification No. of above persons (entities only)
James L. Dewar, Jr.
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(2) Check the appropriate box if a member of a group* (a) [_]
(b) [x]
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(3) SEC use only
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(4) Citizenship or place of organization
United States of America
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(5) Sole Voting Power 895,157
Number of
Shares -----------------------------------------------------------
Beneficially (6) Shared Voting Power 0
Owned by
Each -----------------------------------------------------------
Reporting (7) Sole Dispositive Power 331,803
Person
With -----------------------------------------------------------
(8) Shared Dispositive Power 1,117,026
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(9) Aggregate amount beneficially owned by each reporting person
1,448,829
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(10) Check box if the aggregate amount in row (9) excludes certain shares
[x]
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(11) Percent of class represented by amount in row (9)
15.2
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(12) Type of reporting person
IN
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Item 1.
(a) Name of Issuer
PAB Bankshares, Inc.
(b) Address of Issuer's Principal Executive Offices
3102 North Oak Street Extension
Valdosta, Georgia 31602
Item 2.
(a) Name of Person Filing
The names of the persons filing this statement are: (i) the
Dewar Family, L.P., a Georgia limited partnership (the "Family
L.P."); (ii) James L. Dewar, Sr.; and (iii) James L. Dewar,
Jr. Messrs. Dewar, Sr. and Dewar, Jr. are each a general
partner of the Family L.P. The Family L.P. and Messrs. Dewar,
Sr. and Dewar, Jr. are filing this Statement on Schedule 13G
jointly pursuant to Rule 13d-1(k)(1). Attached to this
Statement as Exhibit A is the Joint Filing Agreement of the
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Family L.P. and Messrs. Dewar, Sr. and Dewar, Jr. pursuant to
Rule 13d-1(k)(1)(iii).
(b) Address of Principal Business Office or, if none, Residence
2409 Bemiss Road
Valdosta, Georgia 31602
(c) Citizenship
The Family L.P. is a Georgia limited partnership. Messrs.
Dewar, Sr. and Dewar, Jr. are citizens of the United States of
America.
(d) Title of Class of Securities
Common Stock, no par value per share
(e) CUSIP Number
69313P 10 1
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Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a:
Not Applicable
If this statement is filed pursuant to Rule 13d-1(c), check this box.
[x]
Item 4. Ownership
(a) Amount beneficially owned as of December 31, 1999:
The Family L.P.: 1,117,026 shares
James L. Dewar, Sr.: 1,117,026 shares
James L. Dewar, Jr.: 1,448,829 shares
Each of Messrs. Dewar, Sr. and Dewar, Jr. is a general partner of the
Family L.P. and, as such, possesses shared dispositive power over the
1,117,026 shares held in the name of the Family L.P. Accordingly, each
of Messrs. Dewar, Sr. and Dewar, Jr. is deemed to beneficially own
these shares.
The spouse of Mr. Dewar, Sr. owns 1,000 shares held in her name. As
Mr. Dewar, Sr. may influence the exercise of voting and dispositive
power by his spouse, he could be deemed to beneficially own these
shares as well. Mr. Dewar, Sr. disclaims beneficial ownership of the
1,000 shares held in the name of his spouse.
As discussed above, Mr. Dewar, Jr., is deemed to beneficially own the
1,117,026 shares held in the name of the Family L.P. In addition, Mr.
Dewar, Jr. owns 331,803 shares held in his name. The spouse of Mr.
Dewar, Jr. owns 47,950 shares held in her name. As Mr. Dewar, Jr. may
influence the exercise of voting and dispositive power by his spouse,
he could be deemed to beneficially own these shares as well. Mr.
Dewar, Jr. disclaims beneficial ownership of the 47,950 shares held in
the name of his spouse.
(b) Percent of Class:
The Family L.P.: 11.7
James L. Dewar, Sr.: 11.7
James L. Dewar, Jr.: 15.2
The above percentages are based upon the 9,525,236 shares of common
stock that the issuer reported as outstanding as of December 28, 1999.
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
The Family L.P.: 1,117,026 shares
James L. Dewar, Sr.: 553,672 shares
James L. Dewar, Jr.: 895,157 shares
As a general partner of the Family L.P., Mr. Dewar, Sr. possesses the
sole power to vote 553,672 shares of the 1,117,026 shares held in the
name of the Family, L.P. Mr. Dewar, Jr., also a general partner of
the Family, L.P., possesses the sole power to vote 563,354 shares of
the 1,117,026 shares held in the name of the Family, L.P. When these
563,354 shares are added to the 331,803 shares held individually by
Mr. Dewar, Jr., Mr. Dewar, Jr. possesses the sole power to vote
895,157 shares.
(ii) shared power to vote or to direct the vote:
The Family L.P.: 0 shares
James L. Dewar, Sr.: 0 shares
James L. Dewar, Jr.: 0 shares
(iii) sole power to dispose or to direct the disposition of:
The Family L.P.: 1,117,026 shares
James L. Dewar, Sr.: 0 shares
James L. Dewar, Jr.: 331,803 shares
(iv) shared power to dispose or to direct the disposition of
The Family L.P.: 0 shares
James L. Dewar, Sr.: 1,117,026 shares
James L. Dewar, Jr.: 1,117,026 shares
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Various persons with which Messrs. Dewar, Sr. and Dewar, Jr. share
beneficial ownership of shares of the issuer's common stock have the
right to receive or the power to direct the receipt of dividends from,
or the proceeds from the sale of, such securities. No one person's
interest in the shares of the issuer's common stock is greater than 5%
of any class of the issuer's outstanding common stock.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported by the Parent Holding Company
Not Applicable
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Item 8. Identification and Classification of Members of the Group
See Item 2(a).
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certifications
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.
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.
Dated: February 9, 2000
DEWAR FAMILY, L.P.
/s/ James L. Dewar, Sr.
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By: James L. Dewar, Sr., General Partner
/s/ James L. Dewar, Sr.
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James L. Dewar, Sr.
/s/ James L. Dewar, Jr.
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James L. Dewar, Jr.
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EXHIBIT A
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JOINT FILING AGREEMENT
Valdosta, Georgia
February 9, 2000
The Dewar Family, L.P., James L. Dewar, Sr., and James L. Dewar, Jr.
(collectively "the Parties") hereby agree to file a joint statement on Schedule
13G under the Securities Exchange Act of 1934 (the "Act") in connection with
their beneficial ownership of common stock issued by PAB Bankshares, Inc.
The Parties state that they are each entitled to individually use Schedule
13G pursuant to Rule 13d-1(c) of the Act.
The Parties are each responsible for the timely filing of the statement and
any amendments thereto, and for the completeness and accuracy of the information
concerning each of them contained therein, but are not responsible for the
completeness or accuracy of the information concerning the others.
DEWAR FAMILY, L.P.
/s/ James L. Dewar, Sr.
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By: James L. Dewar, Sr., General Partner
/s/ James L. Dewar, Sr.
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James L. Dewar, Sr.
/s/ James L. Dewar, Jr.
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James L. Dewar, Jr.
