SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 10)*
TBC CORPORATION
(Name of Issuer)
Common Stock
(Title of Class of Securities)
872180 10 4
(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 page(s))
Page 1 of 5 Pages<PAGE>
13G
CUSIP NO. 872180 10 4 Page 2 of 5 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marvin E. Bruce S. S. ####-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
Not Applicable (a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED
BY EACH REPORTING 1,633,369 shares of Common Stock
PERSON WITH
6 SHARED VOTING POWER
- 0 -
7 SOLE DISPOSITIVE POWER
1,633,369 shares of Common Stock
8 SHARED DISPOSITIVE POWER
- 0 -
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,633,369 shares of Common Stock
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.0%
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!<PAGE>
CUSIP No. 872180 10 4 Page 3 of 5 Pages
Item 1.
(a) Name of Issuer:
TBC Corporation
(b) Address of Issuer's Principal Executive Offices:
4770 Hickory Hill Road
Memphis, Tennessee 38141
Item 2.
(a) Name of Person Filing:
Marvin E. Bruce
(b) Address of Principal Business Office:
3260 Habersham Road
Atlanta, GA 30305
(c) Citizenship:
United States of America
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
872180 10 4
Item 3. Rules 13d-1(b) or 13d-2(b) Statement.
Not applicable.
Item 4. Ownership.
The following information concerning ownership of Common Shares
is given as of December 31, 1997:<PAGE>
(a) Amount Beneficially Owned:
7,706 Shares of Common Stock - directly owned
1,594,735 Shares of Common Stock - owned by Marvin E. Bruce
Living Trust, Marvin E. Bruce, Trustee
30,928 Shares of Common Stock - presently exercisable
options
_________
1,633,369 Total
(b) Percent of Class: 7.0%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
1,633,369 Shares of Common Stock
(ii) shared power to vote or to direct the vote:
-0-
(iii) sole power to dispose or to direct the disposition
of:
1,633,369 Shares of Common Stock
(iv) shared power to dispose or to direct the disposition
of:
-0-
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.
Not applicable.
Item 7. Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not applicable.<PAGE>
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable.
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 13, 1998 /s/ Marvin E. Bruce
_____________________________
MARVIN E. BRUCE
<PAGE>
