SUNTRUST BANKS INC
SC 13G/A, 1999-02-10
NATIONAL COMMERCIAL BANKS
Previous: SUNTRUST BANKS INC, SC 13G/A, 1999-02-10
Next: SUNTRUST BANKS INC, SC 13G/A, 1999-02-10




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


                                     SCHEDULE 13G

                        Under the Securities Exchange Act of 1934
                                   (Amendment No. 22)*.

                                  Oxford Industries, Inc.

                                         Common

                                        69149730
                                                               
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.  69149730  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 Florida, Inc. as Parent Holding Company; SunTrust Banks of Georgia,
      Inc. as Parent Holding Company for SunTrust Bank, Atlanta; Crestar
      Bank 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                    868,736
                          --------------------------------------------------
BENEFICIALLY              6.  SHARED VOTING POWER                       

OWNED BY                  20,000
                          --------------------------------------------------
EACH                      7.  SOLE DISPOSITIVE POWER

REPORTING                 875,338
                          --------------------------------------------------
PERSON                    8.  SHARED DISPOSITIVE POWER

WITH                      412,203
- ----------------------------------------------------------------------
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        1,289,541
- ------------------------------------------------------------------------
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
        SHARES*
- ------------------------------------------------------------------------
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        15.1%
- ------------------------------------------------------------------------
12.     TYPE OF REPORTING PERSON*

        HC and BK                                

                                
CUSIP NO.  69149730  13G

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

      SunTrust Banks of Georgia, Inc. as Parent Holding Company for SunTrust
      Bank, Atlanta and in various fiduciary capacities.  58-1198830
- ------------------------------------------------------------------------
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                    836,596
                          --------------------------------------------------
BENEFICIALLY              6.  SHARED VOTING POWER                       

OWNED BY                  20,000
                          --------------------------------------------------
EACH                      7.  SOLE DISPOSITIVE POWER

REPORTING                 843,698
                          --------------------------------------------------
PERSON                    8.  SHARED DISPOSITIVE POWER

WITH                      410,603
- ----------------------------------------------------------------------
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        1,256,301
- ------------------------------------------------------------------------
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
        SHARES*
- ------------------------------------------------------------------------
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        14.7%
- ------------------------------------------------------------------------
12.     TYPE OF REPORTING PERSON*
 
        HC and BK 

                                         
                                                    
                                                    
                            SECURITIES AND EXCHANGE COMMISSION
                                  WASHINGTON, D.C. 20549

                                        SCHEDULE 13G
                          UNDER THE SECURITIES EXCHANGE ACT OF 1934


Item 1(a)     Name of Issuer:
- ---------     --------------
              Oxford Industries, Inc.

Item 1(b)     Address of Issuer's Principal Executive Offices:
- ---------     -----------------------------------------------
              222 Piedmont Avenue, N.E.                         
              Atlanta, Georgia  30308

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

Item 2(b)     Address of Principal Business Office(s):
- ---------     ---------------------------------------
              303 Peachtree Street, Suite 1500
              Atlanta, Georgia  30308

Item 2(c)     Citizenship:
- ---------     -----------
              SunTrust Banks, Inc. is a Georgia corporation;  SunTrust
              Banks of Florida, Inc. is a Florida corporation; SunTrust
              Banks of Georgia, Inc. is a Georgia corporation; SunTrust 
              Bank, Atlanta is a Georgia banking association; Crestar Bank
              is a Virginia corporation.      

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

Item 2(e)     CUSIP Number:
- ---------     ------------
              69149730
                                      
                                        
Item 3        Type of Person:
- ------        --------------
              (b)  Bank as defined in section 3(a)(6) of the Act.
              (g)  Parent holding company, in accordance with para. 240,13d-
                   1(1)(ii)(H).

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

               Amount Beneficially Owned.  1,289,541

               (b)  Percent of Class:   15.1%

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

                  (i)  Sole power to vote or to direct the vote: 868,736

                  (ii) Shared power to vote or to direct the vote:  20,000

                 (iii) Sole power to dispose or to direct the disposition of:
                       875,338

                 (iv)  Shared power to dispose or the direct the disposition 
                        of: 412,203
                                        
                                        
                                        
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 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:       February 8, 1999

SunTrust Banks, Inc.

By        /s/ Cynthia S. Walker
          -------------------------
          Cynthia S. Walker, Assistant Vice President
          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 
     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.  



                                                           

                                        
                                                              
                                        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       843,596    20,000        843,698   410,603
and in Various
Fiduciary Capacities
25 Park Place, N.E.
Atlanta, Georgia  30303

 
SunTrust Banks of Florida, Inc.
as Parent Holding Company for:
- ---------------------------------
SunTrust Bank, Central Florida,     -0-      -0-       -0-         1,100
N.A. and in various fiduciary
capacities
200 South Orange
Orlando, Florida  32801

SunTrust Bank, Tampa Bay, N.A.       500      -0-      -0-          500
and in Various Fiduciary Capacities
315 East Madison Street
Tampa, Florida  33602

SunTrust Banks, Inc.
- --------------------
Crestar Bank and in                31,640       -0-      31,640       -0-
various fiduciary capacities
919 East Main Street
P.O. Box 26665
Richmond, Virginia  23261-6665

Shares Beneficially Owned        1,289,541

                                                                           
                                        
                                         
SunTrust Banks, Inc.
303 Peachtree Street, Suite 1500
Atlanta, Georgia  30308


February 8, 1999

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 Oxford Industries, Inc. Common Stock.

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

Sincerely,                              

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

c:    Oxford Industries, Inc.
      New York Stock Exchange




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