SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Amendment No. 18
UNITED MOBILE HOMES, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
91-1024107
(CUSIP Number)
Eugene W. Landy, Esq.
125 Wyckoff Road
P.O. Box 335
Eatontown, New Jersey 07724
732-542-4555
(Name, address and telephone number
of Person Authorized to Receive Notices
and Communications)
January 10, 2000
(Date of Event Which Requires Filing
this Statement)
ANNUAL REPORT -- NO MATERIAL CHANGE
If the filing person has previously filed a
statement on Schedule 13G to report the acquisition which is
the subject of this statement, and is filing this statement
because of Rule 13d-1(b)(3) or (4), check the following:
[ ]
Check the following box if a fee is being paid
with this statement: [ ]
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1. Name of Reporting Person, S.S. or I.R.S. Identification
No. of Reporting Person:
Eugene W. Landy S.S. ####-##-####
2. Check appropriate box if member of a group:
a) [ X ]
b) [ ]
3. SEC Use Only
4. Source of Funds:
Eugene W. Landy used personal funds.
5. Check if Disclosure of Legal Proceedings is Required
pursuant to Items 2(d) or 2(e):
6. Citizen or Place of Organization: Citizen of U.S.A.
Number of Shares 7. Sole Voting Power 733,614.9966 shares
Beneficially Owned 8. Shared Voting Power 174,953.7818 shares
by Reporting Person 9. Sole Dispositive Power 733,614.9966 shares
10. Shared Dispositive Power 174,953.7818 shares
11. Aggregate Amount Beneficially Owned by Reporting
Person:
908,568.7784 shares
12. Check if the Aggregate Amount in Row (11) excludes
Certain Shares:
[ X ]
13. Percent of Class Represented by Amount in Row (11):
12.36%
14. Type of Reporting Person: Individual
<PAGE>
ITEM 1. SECURITY AND ISSUER
Common Stock issued by United Mobile Homes, Inc., 125 Wyckoff
Road, Eatontown, New Jersey 07724.
ITEM 2. IDENTITY AND BACKGROUND
(a) The person filing this statement is Eugene W. Landy.
(b) Mr. Landy's business address is 125 Wyckoff Road, Eatontown, NJ
07724
(c) Mr. Landy's present principal occupation is an attorney;
President of Monmouth Capital Corporation; President of
Monmouth Real Estate Investment Corporation (formerly Monmouth
Real Estate Investment Trust); and Chairman of the Board of
United Mobile Homes, Inc.
(d) Mr. Landy has not been convicted in a criminal proceeding
during the past five years.
(e) Mr. Landy, has not, during the past five years, been a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction that resulted in a judgment, decree, or final order
enjoining future violations of, or prohibiting or mandating
activities subject to federal orstate security laws or finding
any violations with respect to such laws.
(f) Mr. Landy is a United States citizen.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Answers to this Item 3 for Mr. Landy are set forth above.
ITEM 4. PURPOSE OF TRANSACTION
Common Stock of United Mobile Homes, Inc. was acquired for
investment purposes. The acquisition involves no change of
control of United Mobile Homes, Inc. Eugene W. Landy is
Chairman of the Board, Director and Founder. Therefore, Item 4
is somewhat inapplicable. Mr. Landy has no plans for the following:
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(a) The acquisition by any person or additional securities of
the issuer, or the disposition of securities of the issuer;
except that purchases of United Mobile Homes, Inc. common stock may
be made under the United Mobile Homes, Inc. Dividend Reinvestment
and Stock Purchase Plan;
(b) the extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the issuer or any
of its subsidiaries;
(c) a sale or transfer of a material amount of assets of the
issuer or any of its subsidiaries;
(d) any change in the present board of directors or management of
the issuer, including any plans or proposals to change the number
or term of directors or to fill any existing vacancies on the board;
(e) any other material change in the issuer's business or
corporate structure;
(f) changes in the issuer's charter, by-laws or instruments cor-
responding thereto or other actions which may impede the acquisition
or control of the issuer by any person;
(g) causing a class of securities of the issuerto be delisted from a
national securities exchange or to cease to be authorized to be
quoted in an interdealer quotation system of a registered national
securities association;
(h) a class of equity securities of the issuer becoming eligible for
termination or registration; or
(i) any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of the close of business on January 10, 2000, the
following table lists the aggregate number of shares and the
percentage of the shares of common stock owned:
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Aggregate Number Percentage of
Name of Shares Owned Shares Owned
Eugene W. Landy 497,646.6669*
Gloria Landy 63,360.6046
Landy Investments 172,607.7251
Eugene W. Landy,
Profit Sharing Plan 113,565.7511
Eugene W. Landy,
Pension Plan 61,388.0307
Total: 908,568.7784 shares** 12.36%
______________________________
*Does not include (1) 50,000 shares on which Mr. Landy has an option to
purchase pursuant to the Company's Stock Option Plan, which option expires
on January 5, 2005; (2) 25,000 shares on which Mr. Landy has an option to
purchase pursuant to the Company's Stock Option Plan, which option expires
on March 17, 2002; (3) 25,000 shares on which Mr. Landy has an option
to purchase pursuant to the Company's Stock Option Plan, which option
expires on December 15, 2002; and (4) 25,000 shares on which Mr. Landy
has an option to purchase pursuant to the Company's Stock Option Plan,
which option expires August 5, 2003.
**Excludes shares held by Mr. Landy's adult children in which he
disclaims any beneficial interest.
(b) The information required by this sub-paragraph is
contained in the responses to ITEMS 7-10 of the second part of
the cover page hereto, which items are hereby incorporated by
reference.
(c) The following transactions were effected by Mr. Landy with
respect to the Common Stock of United Mobile Homes, Inc. during
the past 60 days:
Amt.of Character of Price Per
Name Date Shares Transaction Share
E.W.Landy 12/15/99 6,999.4337 Acquisition Pursuant $7.875
to the Company's Dividend
Reinvestment and Stock
Purchase Plan
<PAGE>
Amt. of Character of Price Per
Name Date Shares Transaction Share
Gloria Landy 12/15/99 1,357.2229 Acquisition $7.875
Pursuant to the Company's
Dividend Reinvestment and
Stock Purchase Plan
E.W. Landy 12/15/99 1,427.6292 Acquisition $7.875
Pension Plan Pursuant to the Company's
Dividend Reinvestment and
Stock Purchase Plan
E.W. Landy 12/15/99 2,438.9956 Acquisition $7.875
Profit Shr.Plan Pursuant to the Company's
Dividend Reinvestment and
Stock Purchase Plan
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
There are no contracts, arrangements, understandings
or relationships (legal or otherwise) between the person named
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in Item 2 hereof or between such person and any person with respect
to any securities of United Mobile Homes, Inc.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
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 10, 2000
/s/Eugene W. Landy