LEHMAN T H & CO INC
SC 13D/A, 2000-09-13
CONSUMER CREDIT REPORTING, COLLECTION AGENCIES
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                 SCHEDULE 13D/A

                   Under the Securities Exchange Act of 1934
                      (Amendment No. 1 )* FINAL AMENDMENT

                        T.H. Lehman & Co., Incorporated
                                (Name of Issuer)


                                  Common Stock
                         (Title of Class of Securities)

                                   525169-207
                                 (CUSIP Number)

                                 Michele Janner
                                  P.O. Box 90
                        Bellinzona, Switzerland, CH-6501
                               011-41-91-8206767
            (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                               September 01, 2000
            (Date of Event which Requires Filing of this Statement)


                                      -1-
<PAGE>
If  the  filing  person  has  previously  filed  a statement on Schedule 13G to
Report  the  acquisition  which  is  the  subject  of this Schedule 13D, and is
filing  this  schedule  because  of Rule 13d-1(b)(3)or (4), check the following
box  [  ].

*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  disclosures  provided  in  a  prior  cover  page.

The  information  required  on  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.:  525169-207
--------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
    GREENWICH  SECURITIES  LTD             NONE  -  FOREIGN  ENTITY
--------------------------------------------------------------------------------
2  CHECK  THE  APPROPRIATE  BOX  IF  A  MEMBER  OF  A  GROUP       (a)  [  ]
                                                                   (b)  [  ]
--------------------------------------------------------------------------------
3  SEC  USE  ONLY
--------------------------------------------------------------------------------
4  SOURCE  OF  FUNDS                                            WC
--------------------------------------------------------------------------------
5  CHECK  BOX  IF  DISCLOSURE  OF  LEGAL  PROCEEDINGS           [  ]
   IS  REQUIRED  PURSUANT  TO  ITEMS  2(d)  or  2(e)
--------------------------------------------------------------------------------
6  CITIZENSHIP  OR  PLACE  OF  ORGANIZATION                     CAYMAN ISLANDS
--------------------------------------------------------------------------------
   NUMBER  OF  SHARES     |   7  SOLE  VOTING  POWER            -0-
    BENEFICIALLY          |-----------------------------------------------------
      OWNED  BY           |   8  SHARED  VOTING  POWER          -0-
        EACH              |-----------------------------------------------------
     REPORTING            |   9  SOLE  DISPOSITIVE  POWER       -0-
      PERSON              |-----------------------------------------------------
       WITH               |  10  SHARED  DISPOSITIVE  POWER     -0-
--------------------------------------------------------------------------------
11  AGGREGATE  AMOUNT  BENEFICIALLY  OWNED  BY  EACH            -0-
    REPORTING  PERSON
--------------------------------------------------------------------------------
12  CHECK  BOX  IF  THE  AGGREGATE  AMOUNT  IN  ROW  (11)       [  ]
    EXCLUDES  CERTAIN  SHARES
--------------------------------------------------------------------------------
13  PERCENT  OF  CLASS  REPRESENTED  BY  AMOUNT  IN  ROW  (11)    0%
--------------------------------------------------------------------------------
14  TYPE  OF  REPORTING  PERSON                                   CO
--------------------------------------------------------------------------------


                                      -2-
<PAGE>
Item  1.  Security and Issuer
          -------------------

     This  statement  relates  to  the  Common  Stock, no par value (the "Common
Stock"),  of  T.H.  Lehman  &  Co.,  Incorporated  (the  "Issuer").  Greenwich
Securities  LTD  (the  "Seller")  has  sold  Common  Stock  of  the  Issuer.

     The  principal  executive  offices  of  the  Issuer  are  located  at  4900
Woodway,  Suite  650,  Houston,  Texas  77056.

Item  2.  Identity and Background
          -----------------------

     This  statement  is  being  filed  by  the  Seller, which is a  corporation
organized  under  the  laws  of  the Cayman Islands. It conducts  its  principal
business  operations  from  the  Switzerland.

     The  Seller  is  an  open-end  fund.  The  Seller  commenced  operations on
June  04,  1984.

Item  3.  Source and Amount of Funds or Other Consideration
          -------------------------------------------------


     For  good  consideration,  Greenwich Securities LTD sells 985,800 shares of
Common  Stock.

Item  4.  Purpose of Transaction
          ----------------------

     On  September  01,  2000  Greenwich  Securities  LTD sold 985,800 shares of
Common  Stock.


Item  5.  Interest in Securities of the Issuer
          ------------------------------------

     On  September  01,  2000  Greenwich  Securities  LTD has no interest in the
Common Stock  of  T.H.  Lehman  &  Co.,  Incorporated.

     Greenwich  Securities  LTD  has  no  voting  power  nor  dispositive  power
over  the  Common  Stock.


Item  6.  Contracts,  Arrangements, Understandings or Relationships with Respect
          ----------------------------------------------------------------------
          to  Securities  of  the  Issuer
          -------------------------------

     Not  applicable.


                                 -3-
<PAGE>
Item  7.  Materials to be Filed as Exhibits
          ---------------------------------

     None.


                                   SIGNATURES

After  reasonable  inquiry  and  to  the  best  of  my  knowledge and belief, I
certify  that  the  information  set  forth  in  this  Schedule  13D  is  true,
complete  and  correct.

                                          GREENWICH  SECURITIES  LTD

                                          By  /s/  Dibo  Attar
                                              ----------------------
                                                    Signature
???  Date  ???


                                      -4-
<PAGE>


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