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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
- -------- Estimated average burden
hours per response .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a)
of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Swamp Hall Properties, L.P. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) The St. Joe Company JOE (Month/Day/Year)
(Last) (First) (Middle) 12/17/98 ------------------------------------
1600 Rockland Road ---------------------------- 5. Relationship of Reporting 7. Individual or
- ---------------------------------------- 3. IRS or Social Security Person to Issuer Joint/Group
(Street) Number of Reporting (Check all applicable) Filing Check
Person (Voluntary) Director X 10% Owner Applicable Line)
Wilmington, Delaware 19803 51-0385890 ----- ----- X Form filed by one
- -------------------------------------- ---------------------------- Officer Other (specify ---Reporting Person
(City) (State) (Zip) ----- (give ----- below) Form filed by
title ---more than One
below) Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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Common Stock 49,643,292 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1473 (7/96)
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<TABLE>
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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N/A
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Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- -------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Note. File three copies of this Form, one of which must be manually signed. Page 2
If space provided is insufficient, See Instruction 6 for procedure. SEC 1473 (7/96)
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Attachment to Form 3 Filed by Swamp Hall Properties, L.P.
Reporting Beneficial Ownership of Shares of Common Stock of The St. Joe Company
Dated January __, 1999
Explanation of Response: Pursuant to Instruction 5(b)(v) of the General
Instructions to Form 3, Swamp Hall Partners, L.P. (the "Partnership") is the
Reporting Person. The Alfred I. duPont Testamentary Trust (the "Trust") is the
sole limited partner of the Partnership and owns all of the outstanding stock
in the corporate general partner of the Partnership. The Trust contributed the
shares of common stock of The St. Joe Company (the "Issuer") with respect to
which the Partnership is filing this Form 3, together with certain other
assets, in exchange for the entire limited partnership interest in the
Partnership. The Trustees of the Trust also constitute all of the directors of
the Nemours Foundation (the "Foundation"), which also directly and beneficially
owns shares of common stock of the Issuer. The beneficial ownership of the
common stock of the Issuer by the Trust, the Trustees and the Foundation has
reported on a Form 4 previously filed with the Commission on March 10, 1998.
The transaction pursuant to which the Trust contributed to the Partnership
shares of common stock of the Issuer owned directly by the Trust effects only
change in the form of beneficial ownership by the Trust from direct to indirect
and this is exempt form Section 16 of the Securities Exchange Act of 1934
pursuant to Rule 16a-13 thereunder.
/s/ Swamp Hall Properties, L.P.
By: /s/John F. Porter, III
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John F. Porter, III, President of
The Rockland Company, the managing general
partner of Swamp Hall Properties, L.P.
(Duly Authorized Representative)
