UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
QUIPP, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
748802 10 5
(CUSIP Number)
James E. Pruitt, 2960 N. Riverside Drive, Indialantic, FL 32903
(407) 254-1212
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
January 19, 1996
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(b)(3) or (4), check
the following box .
Check the following box if a fee is being paid with the statement / /.
(A fee is not required only if the reporting 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.)
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom
copies are to be sent.
*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 disclosures provided in a prior cover page.
The information required on 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).
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James E. Pruitt
###-##-####
______________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
______________________________________________________________________
3 SEC USE ONLY
______________________________________________________________________
4 SOURCE OF FUNDS*
PF
______________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or (e) [ ]
______________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
______________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 103,706 shares
SHARES
______________________________________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY - 0 - shares
EACH
______________________________________________________________________
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 103,706 shares
WITH
______________________________________________________________________
10 SHARED DISPOSITIVE POWER
- 0 - shares
______________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
103,706 shares
______________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
______________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
______________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
______________________________________________________________________
SEE INSTRUCTIONS BEFORE FILLING OUT!
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This Amendment No. 1 amends and supplements the Schedule 13D (the
"Schedule 13D") filed by James E. Pruitt with the Securities and
Exchange Commission on July 29, 1995. Capitalized terms used herein
and not otherwise defined shall have the meaning ascribed to them in
the Schedule 13D. The purpose of this Amendment No. 1 is to amend and
restate Item 2 and Item 5 of the Schedule 13D in their entirety as
follows:
Item 2. Identity and Background.
This Statement is being filed by James E. Pruitt, a United States
citizen (the "Filing Person"). The Filing Person is retired.
During the last five years, the Filing Person has not been
convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors).
During the last five years, the Filing Person has not been a party
to a civil proceeding of a judicial or administrative body of
competent jurisdiction as a result of which he was or is subject to a
judgement, decree or final order enjoining future violations of,
prohibiting or mandating activities subject to, federal or state
securities laws or finding any violation with respect to such laws.
Item 5. Interest in Securities of the Issuer.
The Filing Person beneficially owns 103,706 shares of Common Stock
representing 6.3% of the outstanding Common Stock of the Issuer. The
Filing Person has sole power to vote and dispose of all 103,706
shares.
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 22, 1996
(Date)
/s/James E. Pruitt
(Signature)
James E. Pruitt
(Name/Title)
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