SUNTRUST BANKS INC
SC 13G/A, 1996-02-07
STATE COMMERCIAL BANKS
Previous: SUNTRUST BANKS INC, SC 13G/A, 1996-02-07
Next: SUNTRUST BANKS INC, SC 13G/A, 1996-02-07




                                                      
                                 UNITED STATES
                        SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 7)*.

                           Scherer Healthcare, Inc.

                                    Common

                                   80653010
                                                               
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
give 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).


                                   
CUSIP NO.  80653010  13G                                  

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

      SunTrust Banks, Inc. as Parent Holding Company for: SunTrust Banks of
      Georgia, Inc. and as Parent Company for SunTrust Bank, Atlanta and as
      Parent Holding Company of Trusco Capital Management, Inc., and in
      various fiduciary capacities.  58-1575035
- ------------------------------------------------------------------------
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (A) _______
                                                          (B) _______
- ------------------------------------------------------------------------
3.    SEC USE ONLY

- ------------------------------------------------------------------------
4.    CITIZENSHIP OR PLACE OF ORGANIZATION

      Georgia
- ----------------------------------------------------------------------
NUMBER OF                 5.  SOLE VOTING POWER

SHARES                    340,212
                          --------------------------------------------------
BENEFICIALLY              6.  SHARED VOTING POWER                       

OWNED BY                  -0-
                          --------------------------------------------------
EACH                      7.  SOLE DISPOSITIVE POWER

REPORTING                 -0-
                          --------------------------------------------------
PERSON                    8.  SHARED DISPOSITIVE POWER

WITH                      340,212
- ----------------------------------------------------------------------
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        340,212
- ------------------------------------------------------------------------
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
        SHARES*
- ------------------------------------------------------------------------
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        7.93%
- ------------------------------------------------------------------------
12.     TYPE OF REPORTING PERSON*

        HC, BK AND IA

                                   


                        SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G
                      UNDER THE SECURITIES EXCHANGE ACT OF 1934


Item 1(a)      Name of Issuer:
- ---------      --------------
               Scherer Healthcare, Inc.

Item 1(b)      Address of Issuer's Principal Executive Offices:
- ---------      -----------------------------------------------
               2859 Paces Ferry Road
               Suite 300
               Atlanta, Georgia  30339

Item 2(a)      Name of Person Filing:
- ---------      ---------------------
               SunTrust Banks, Inc. as Parent Holding Company for: SunTrust
               Banks of Georgia, Inc. as Parent Holding Company for SunTrust
               Bank, Atlanta and as Parent Company of Trusco Capital
               Management, Inc., and in various fiduciary capacities.

Item 2(b)      Address of Principal Business Office(s):
- ---------      ---------------------------------------
               25 Park Place, N.E.
               Atlanta, Georgia  30303

Item 2(c)      Citizenship:
- ---------      -----------
               SunTrust Banks, Inc. is a Georgia corporation; SunTrust
               Banks of Georgia, Inc. is a Georgia corporation; SunTrust
               Bank, Atlanta is a Georgia banking association; Trusco Capital
               Management, Inc. is a registered investment adviser and a
               Georgia corporation.

Item 2(d)      Title of Class of Securities:
- ---------      ----------------------------
               Common

Item 2(e)      CUSIP Number:
- ---------      ------------
               80653010

                                   
                                   
Item 3         Type of Person:
- ------         --------------
               (b)  Bank as defined in section 3(a)(6) of the Act.
               (e)  Investment Adviser registered under section 203 of the
                    Investment Advisers Act of 1940.
               (g)  Parent holding company, in accordance with para. 240,13d-
                    1(1)(ii)(H).

Item 4         Ownership:
- ------         ---------

               Amount Beneficially Owned.  340,212

               (b)   Percent of Class:   7.93%

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

               (i)   Sole power to vote or to direct the vote:  340,212

               (ii)  Shared power to vote or to direct the vote:  -0-

               (iii) Sole power to dispose or to direct the disposition of:
                     -0-

               (iv)  Shared power to dispose or the direct the disposition 
                        of: 340,212

                                  
                                   
Item 5    Ownership of Five Percent or Less of Class:
- ------    ------------------------------------------
          Not Applicable

Item 6    Ownership of More than 5 Percent of Behalf of Another Person:
- ------    ------------------------------------------------------------
          See Exhibit B

Item 7    Identification and Classification of the Subsidiary Which
          Acquired the Security Being Reported on By the Parent Holding 
          Company:
          ------------------------------------------------------------
          See Item 2 and Exhibit C

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 of such securities and
          were not acquired in connection with or as a participant in any
          transaction having such purpose or effect.

          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.

Dated:    January 23 ,1996

SunTrust Banks, Inc.

By        /s/ Cynthia S. Walker
          -------------------------
          Cynthia S. Walker, Operations Officer
          STI Trust & Investment Operations, Inc. as agent for 
          SunTrust Banks, Inc.
                                  


                                   EXHIBIT A

The shares reported are held by one or more bank subsidiaries of Trust
Company of Georgia subsidiaries of SunTrust Banks, Inc., in various
fiduciary and agency capacities.  SunTrust Banks, Inc. and such
subsidiaries disclaim by beneficial interest in any of the shares
reported, and the filing of this statement shall not be construed as
an admission to the contrary.
 
Certain of the shares included in shared voting authority are held in
agency accounts and co-fiduciary accounts and co-fiduciary accounts
in nominee registration.  These are voted by the banks under revocable
authority of trust accounts and therefore, are reported as shared
voting authority.



                                  


                                    EXHIBIT B

     Various co-trustees share the power to direct distribution of income
     including dividends and the proceeds from sale of securities. 
     Additionally, various beneficiaries have the right to receive
     dividends.  The following person or persons have the rights and/or
     powers when combined that exceed 5% of the class.

     R. P. Scherer, Jr.




                                                                       


                                    EXHIBIT C


                                  Sole      Shared         Sole       Shared
                                Voting      Voting     Power to     Power to
Name of Person Filing            Power       Power      Dispose      Dispose

SunTrust Banks of Georgia, Inc.
as Parent Holding Company for:
- ------------------------------
SunTrust Bank, Atlanta as      340,212       -0-          -0-        340,212
Parent Company of Trusco Capital
Management, Inc., and in
Various Fiduciary Capacities
25 Park Place, N.E.
Atlanta, Georgia  30303


Shares Beneficially Owned      340,212

                                                                             
                                            
SunTrust Banks, Inc.
25 Park Place, N.E.
Atlanta, Georgia  30303


January 23, 1996

Ladies and Gentlemen:

There is hereby transmitted for filing pursuant to Section 13(g) of the 
Securities Exchange Act of 1934 and Rule 13G thereunder a Schedule 13G 
relating to beneficial ownership by SunTrust Banks, Inc. and its subsidiaries 
of shares of Scherer Healthcare, Inc. Common Stock.                         

A paper copy of this filing is also being forwarded to you.

Please call the undersigned at (404) 581-1475 if you have any questions.

Sincerely,

/s/ Cynthia S. Walker
- ---------------------
Cynthia S. Walker
Operations Officer
STI Trust & Investment Operations, Inc. as agent for SunTrust Banks, Inc.

cc: Scherer Healthcare, Inc.
    National Association of Securities Dealers
      
          



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission