UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )
Exchange Bancshares, Inc.
_____________________________________
(Name of Issuer)
Common Stock, $5.00 par value
_____________________________________
(Title of Class of Securities)
300873106
__________________
(CUSIP Number)
James G. Francis, CPA
Robb, Dixon &Co.
1205 Weaver Dr.
Granville, Ohio 43023
(614) 321-1000
___________________________________________
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 13, 1997
______________________________
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement of Schedule 13G to report
the acquisition which is the subject of Schedule 13D, and is filing this
schedule because of Rule 13b-1(b) (3) or (4), check the following box. _____
Check the following box if a gee 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.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for parties to whom copies are to be
sent.
* 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 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. 300873106 13D Page 2 of 3 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norma J. Christen
____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)_____ (b)_____
____________________________________________________________________________
3 SEC USE ONLY
____________________________________________________________________________
4 SOURCE OF FUNDS*
OO
____________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
____________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
____________________________________________________________________________
7 SOLE VOTING POWER
Number of 27,910
Shares ________________________________________________
Beneficially 8 SHARED VOTING POWER
Owned by
Each ________________________________________________
Reporting 9 SOLE DISPOSITIVE POWER
Person 27,910
With ________________________________________________
10 SHARED DISPOSITIVE POWER
____________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Norma J. Christen is the sole owner of the 27,910 shares reported
pursuant to this Schedule 13D.
____________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
____________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
5.9%
____________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN Norma J. Christen
____________________________________________________________________________
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 3 of 3 Pages
Item 1. Security and Issuer
This Statement relates to the common stock, $5.00 par value (the
"Stock"), of which Exchange Bancshares, Inc., an Ohio-chartered corporation
(the "Company"), whose principal office is located at 237 Main Street, Luckey,
Ohio 43443.
Item 2. Identity and Background
(a). Norma J. Christen
(b). 714 N. Main Street
Bowling Green, Ohio 43402
(c). Restaurant owner.
(e). U.S.A citizen
Item 3. Source and Amount of Funds or Other Consideration
Inheritance.
Item 5. Interest in Securities of the Issuer
(a). According to information obtained from the Company by the
Reporting Persons, on May 13, 1997, the Company's outstanding
shares of Stock were 475,747. Accordingly, the 27,910 shares
beneficially owned or deemed to be beneficially owned by the
Reporting Persons represent approximately 5.9% of the outstanding
shares of Stock of the Company.
(e). The Reporting Persons became the beneficial owner of more than
five percent of the Stock as of May 13, 1997.
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.
By: Norma J. Christen
Date: May 13, 1997 Signature: /s/ Norma J. Christen
_________________ _____________________
