UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 4)
INVESTORS TITLE COMPANY
(Name of Issuer)
Common Stock, No Par Value
(Title of Class of Securities)
461804 10 6
(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).
<PAGE>
CUSIP No. 461804 10 6 SCHEDULE 13G/A No. 4
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
J. Allen Fine
###-##-####
2) Check the Appropriate Box if a Member of a Group
(a)
(b)
3) SEC Use Only
4) Citizenship or Place of Organization
United States of America
Number of Shares Beneficially Owned by Each Reporting Person With
5) Sole Voting Power
243,406 shares
6) Shared Voting Power
- 0 -
7) Sole Dispositive Power
243,406 shares
8) Shared Dispositive Power
- 0 -
9) Aggregate Amount Beneficially Owned by Each Reporting
Person
243,406 shares
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
11) Percent of Class Represented by Amount in Row 9
8.7 percent
12) Type of Reporting Person
IN
<PAGE>
Item 1(a). Name of Issuer:
Investors Title Company
(b). Address of Issuer's Principal Executive Offices:
121 North Columbia Street
Chapel Hill, North Carolina 27514
Item 2(a). Name of Person Filing:
J. Allen Fine
(b). Address of Principal Business Office, or, if none,
Residence:
121 North Columbia Street
Chapel Hill, North Carolina 27514
(c). Citizenship:
United States
(d). Title of Class of Securities:
Common Stock, no par value
(e). CUSIP Number:
461804 10 6
Item 3. Type of Filing:
Not Applicable.
<PAGE>
Item 4. Ownership (at December 31, 1998):
(a) Amount Beneficially Owned:
243,406 shares; of which 4,800 are subject to options
exercisable within 60 days of 12/31/98
(b) Percent of Class:
8.7%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
243,406 shares
(ii) shared power to vote or to direct the vote
- 0 - shares
(iii) sole power to dispose or to direct the
disposition of
243,406 shares
(iv) shared power to dispose or to direct the
disposition of
- 0 - 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:
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.
/s/ J. Allen Fine
------------------------
J. Allen Fine
Date: February 11, 1999
