SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13 G
Under the Securities Exchange Act of 1934
(Amendment No. 8 )*
S-K-I Ltd.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
784406 10 0
(CUSIP Number)
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 five 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).
(Continued on following page(s))
Item 1(a). Name of Issuer:
S-K-I Ltd.
Item 1(b). Address of Issuer's Principal Executive Offices:
Airport Executive Plaza #5
P.O. Box 5494
West Lebanon, NH 03784
Item 2(a). Name of Person Filing:
Preston Leete Smith
Item 2(b). Address of Principal Business Office or, if none, Residence:
c/o S-K-I Ltd.
Airport Executive Plaza #5
P.O. Box 5494
West Lebanon, NH 03784
Item 2(c). Citizenship:
United States of America
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
784406 10 0
Item 3. Inapplicable.
Item 4. Ownership:
(a) Amount Beneficially Owned as of December 31,1995: 662,218
(b) Percent of Class: 11.4
(c) Number of shares as to which such person has:
(I) sole power to vote or to direct the vote: 662,218
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the
disposition of : 662,218
(iv) shared power to dispose or direct the
disposition of : 0
Item 5. Ownership of Five Percent or Less of a Class:
Inapplicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Inapplicable.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by
the Parent Holding Company:
Inapplicable.
Item 8. Identification and Classification of Members of the Group:
Inapplicable.
Item 9. Notice of Dissolution of Group:
Inapplicable.
Item 10. Certification:
Inapplicable.
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.
February 3, 1996
Date
Preston Leete Smith
Name
