CORRECTIONS CORPORATION OF AMERICA
SC 13G/A, 1995-02-17
FACILITIES SUPPORT MANAGEMENT SERVICES
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<PAGE>   1
                                      
                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C.  20549


                                 SCHEDULE 13G
                                      


                  Under the Securities Exchange Act of 1934

                              (Amendment No. 2)*

                      CORRECTIONS CORPORATION OF AMERICA
                               (Name of Issuer)

                        Common Stock, $1.00 Par Value
                        (Title of Class of Securities)

                                  220256101
                                (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>   2


<TABLE>
   <S>                                                                 <C>
                                            13G
   CUSIP NO.  220256101                                                Page  2  of  5  Pages
             -----------                                                    ---    ---      


   1       NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

             Thomas W. Beasley      (###-##-####)

   2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                          (a)    [ ]

                                                                          (b)    [ ]
   3       SEC USE ONLY


   4       CITIZENSHIP OR PLACE OF ORGANIZATION

             Tennessee


                           5       SOLE VOTING POWER

     NUMBER OF                        1,051,200
                                      
       SHARES
                           6       SHARED VOTING POWER
    BENEFICIALLY
                                        -0-
      OWNED BY
                           7       SOLE DISPOSITIVE POWER
   EACH REPORTING
                                      1,051,200
       PERSON

        WITH               8       SHARED DISPOSITIVE POWER
            
                                        -0-

   9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             1,051,200

   10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


   11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

             8.2%

   12      TYPE OF REPORTING PERSON*

             IN

</TABLE>

                     *SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>   3

ITEM 1(a).  NAME OF ISSUER:

         Corrections Corporation of America                      

ITEM 1(b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

         102 Woodmont Boulevard, Suite 800                       
         Nashville, TN  37205                                    

ITEM 2(a).  NAME OF PERSON FILING:

         Thomas W. Beasley                                       

ITEM 2(b).  ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE,
            RESIDENCE:

         102 Woodmont Boulevard, Suite 800                       
         Nashville, TN  37205                                    

ITEM 2(c).  CITIZENSHIP:

         Tennessee                                               

ITEM 2(d).  TITLE OF CLASS OF SECURITIES:

         Common Stock, $1.00 par value                           

ITEM 2(e).  CUSIP NUMBER:

         220256101                                               

ITEM 3:  IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b),
         CHECK WHETHER THE PERSON FILING IS A:

                 Not Applicable


ITEM 4:  OWNERSHIP.

         (a)     Amount Beneficially Owned:

                 1,051,200                                               

         (b)     Percent of Class:

                 8.2%                                                    





                             (Page 3 of 5 Pages)
<PAGE>   4


         (c)     Number of shares as to which such person has:

                 (i)      sole power to vote or to direct the vote

                          1,051,200                                          

                 (ii)     shared power to vote or to direct the vote

                          -0- 
                (iii)    sole power to dispose or to direct the disposition
                         of 1,051,200

                 (iv)    shared power to dispose of or 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

ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

                                Not Applicable

ITEM 9.  NOTICE OF DISSOLUTION OF GROUP.

                                Not Applicable

ITEM 10.         CERTIFICATION.

                 By signing below I certify that, to the best of my knowledge
                 and belief, the securities referred to above were acquired in
                 the ordinary course of business and were not acquired for the
                 purpose of and do not have the effect of changing or
                 influencing the control of the issuer of such securities and
                 were not acquired in connection with or as a participant in
                 any transaction having such purposes or effect.





                             (Page 4 of 5 Pages)
<PAGE>   5

                                  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.



                               February 8, 1995
- --------------------------------------------------------------------------------
                                    (Date)
                                      
                                      
                            /s/ Thomas W. Beasley
- --------------------------------------------------------------------------------
                                 (Signature)
                                      
                                      
                         Thomas W. Beasley, Director
- --------------------------------------------------------------------------------
                                 (Name/Title)





                             (Page 5 of 5 Pages)


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