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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13D-1(B), (C) AND (D) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(B)
(AMENDMENT NO. 1)*
AVERY COMMUNICATIONS, INC.
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(NAME OF ISSUER)
COMMON STOCK, 053605 10 1
PAR VALUE $.01 PER SHARE
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(TITLE OF CLASS OF SECURITIES) (CUSIP NUMBER)
DECEMBER 31, 1999
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(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE
IS FILED:
[ ] RULE 13D-1(B)
[ ] RULE 13D-1(C)
[X] RULE 13D-1(D)
*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 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 Pages
Page 1 of 4 Pages
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NY2:\886341\01\46351.0001
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<TABLE>
<CAPTION>
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<S> <C> <C> <C> <C> <C>
CUSIP No. 053605 10 1 13G Page 2 of 4
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1 NAME OF REPORTING PERSON Franklin Capital Corporation
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
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NUMBER OF 5 SOLE VOTING POWER: 1,735,938
SHARES ------------------- -------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER: 0
OWNED BY ------------------- -------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER: 1,735,938
REPORTING ------------------- -------------------------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER: 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
1,735,938
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:*
/ /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 17.8%
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12 TYPE OF REPORTING PERSON: CO
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</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 Pages
<PAGE>
This Amendment No. 1 ("Amendment No. 1") amends the Statement on Schedule 13G
(the "Schedule 13G"), filed on February 14, 2000, by and on behalf of Franklin
Capital Corporation (the "Reporting Person"), with respect to its ownership of
common stock, par value $0.01 per share of Avery Communications, Inc. This
Amendment No. 1 is being filed to correct the number of shares for which the
Reporting Person has sole power to vote or direct the vote or sole power to
dispose or direct the disposition of as of December 31, 1999. All information
from the Schedule 13G remains unchanged, except for Item 4 as set forth below.
ITEM 4. OWNERSHIP
(a) - (c) See the responses to Items 5-9 and 11 on page 2 hereof.
Page 3 of 4 Pages
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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: March 9, 2000
FRANKLIN CAPITAL CORPORATION
By: /s/ Spencer L. Brown
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Spencer L. Brown
Vice President
Page 4 of 4 Pages
