UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
THE TURNER CORPORATION
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
900273103
(CUSIP Number)
G.J. Records, Jr., Midland Financial Co., 501 West I-44 Road,
Oklahoma City, OK 73118 (405) 840-7640
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
May 31, 1995
(Date of Event which Requires Filing of this Statement)
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 [ ].
Check the following box if a fee is being paid with the statement
[ ]. (A fee is not required only if the reporting 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 other
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 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).
<PAGE>
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
The Records Company, A Limited Partnership
IRS #73-1470906
2. Check the Appropriate Box if a Member of a Group: (a) [ ]
(b) [ ]
3. SEC Use Only:
4. Source of Funds:
00
5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e): [ ]
6. Citizenship or Place of Organization:
Oklahoma
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
7. Sole Voting Power:
8. Shared Voting Power:
267,500
9. Sole Dispositive Power:
10. Shared Dispositive Power:
267,500
11. Aggregate Amount Beneficially owned by Each Reporting
Person:
267,500
12. Check Box if the Aggregate Amount in Row (11) Excludes
Certain
Shares: [ ]
13. Percent of Class Represented by Amount in Row (11):
5.17%
14. Type of Reporting Person:
PN
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Item 1. Security and Issuer.
On June 7, 1995, The Records Company, A Limited Partnership
(the "Partnership"), an Oklahoma limited partnership, filed a
Schedule 13D relating to the common stock of The Turner
Corporation, whose principal executive offices are at 375 Hudson
Street, New York, New York 10014. This Amendment No. 1 is filed
to identify a second general partner of the Partnership.
Item 2. Identity and Background.
This statement is being filed by the Partnership. George J.
Records and his wife Nancy Records are the general partners of
the Partnership (the "General Partners"). The business address
of the Partnership and the General Partners is c/o Midland
Financial Co., 501 West I-44 Road, Oklahoma City, Oklahoma 73118.
The principal occupation of Mr. Records is Chairman of the Board
of Midland Financial Co. Mrs. Records manages personal
investments.
Neither the Partnership nor either of the General Partners
has, during the last five years, been convicted in a criminal
proceeding (excluding traffic violations or similar
misdemeanors). Neither the Partnership nor either of the General
Partners has, during the last five years, been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction which resulted in either of them being subject to a
judgment, decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to
such laws. Each of the General Partners is a United States
citizen.
Item 3. Source and Amount of Funds or Other Consideration.
No change.
Item 4. Purpose of Transaction.
No change.
Item 5. Interest in Securities of the Issuer.
(a)(b)(c) The Partnership acquired the 267,500 Shares
from the Trust on May 31, 1995. The Shares represent approxi-
mately 5.17% of the 5,172,977 shares believed to be outstanding.
The General Partners share the power to vote or direct the vote
and the power to dispose or to direct the disposition of all the
Shares.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships With Respect to Securities of the Issuer.
No change.
Item 7. Material to be Filed as Exhibits.
No change.
<PAGE>
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.
June 20, 1995 THE RECORDS COMPANY, A LIMITED
PARTNERSHIP
By GEORGE J. RECORDS
George J. Records
General Partner
