UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
WSFS Financial Corporation
(Name of Issuer)
$0.01 Par Value Common Stock
(Title of Class of Securities)
855180 10 5
(CUSIP Number)
Henry B. Tippie, P.O. Box 26557, Austin, Texas 78755, (512) 346-1800
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
April 7, 2000
(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 that is the subject of this Schedule 13D, and
is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f)
or 240.13d-1(g), check the following box /__/.
<PAGE>
SCHEDULE 13D
WSFS FINANCIAL CORPORATION
CUSIP NO. 855180 10 5 Page 2 of 5
(1) NAME OF REPORTING PERSON
(a) Estate of John W. Rollins, Sr.
(b) Henry B. Tippie, Executor of the Estate of John W. Rollins,
Sr.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(a) E.I.N. # 54-6461824
(b) S.S. # ###-##-####
_____________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) /__/
(b) /__/
_____________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________
(4) SOURCE OF FUNDS*
00
____________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) /__/
____________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
(a) State of Delaware
(b) United States
____________________________________________________________________
(7) SOLE VOTING POWER
(a) 852,133
(b) -0-
____________________________________________________________________
NUMBER OF (8) SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH (9) SOLE DISPOSITIVE POWER
REPORTING (a) 852,133
PERSON WITH (b) -0-
(10) SHARED DISPOSITIVE POWER
SCHEDULE 13D
WSFS FINANCIAL CORPORATION
CUSIP NO. 855180 10 5 Page 3 of 5
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
(a) 852,133
(b) -0-
_____________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /__/
_____________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
(a) 7.6%
(b) 0.0%
_____________________________________________________________________
(14) TYPE OF REPORTING PERSON*
(a) 00
(b) IN
_____________________________________________________________________
Item 1. Security and Issuer.
The class of equity security to which this Schedule 13D
relates is the Common Stock, par value $0.01 per share, of
WSFS Financial Corporation, a Delaware corporation (the
"Corporation"). The principal office of the Corporation is
located at 838 Market Street, Wilmington, Delaware 19899.
Item 2. Identity and Background.
This Schedule 13D is filed by the Estate of John W. Rollins,
Sr. (the "Estate") and Henry B. Tippie, both as executor of
the Estate and individually ("Mr. Tippie"). The Estate and
Mr. Tippie are not a "group" within the meaning of Section
13(d) and are filing on the same Schedule for convenience
only.
The Estate came into existence upon the death of John W.
Rollins, Sr. on April 4, 2000. The Estate's business address
is 2200 Concord Pike, Wilmington, Delaware 19803. Letters
Testamentary upon the Estate were in due form of law granted
unto Mr. Tippie on April 7, 2000. Mr. Tippie's business
address is 3420 Executive Center Drive, N.W., Suite 163,
Austin, TX 78731.
Mr. Tippie is Chairman of the Executive Committee and Vice
Chairman of the Board of Rollins Truck Leasing Corp.,
Chairman of the Executive Committee and Director of Matlack
SCHEDULE 13D
WSFS FINANCIAL CORPORATION
CUSIP NO. 855180 10 5 Page 4 of 5
Systems, Inc., Chairman of the Board and Chief Executive
Officer of Tippie Services, Inc., Vice Chairman of the Board
of Dover Downs Entertainment, Inc. and a Director of various
other public and private companies.
During the last five years neither Mr. Tippie nor the Estate
were convicted in a criminal proceeding.
During the past five years neither Mr. Tippie nor the Estate
were a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction in which as a
result of such proceeding, either was or is subject to any
judgment, decree or final order enjoining future violations
of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation
with respect to such laws.
Mr. Tippie is a citizen of the United States of America.
Item 3. Source and Amount of Funds or Other Consideration.
This section is not applicable as the securities were
acquired by the Estate by operation of law upon the death of
Mr. Rollins.
Item 4. Purpose of Transaction
Please refer to Item 3. Neither the Estate nor Mr. Tippie
have any plans or proposals which relate to any of the
matters requiring disclosure under this Item 4.
Item 5. Interest in Securities of the Issuer.
(a) Estate: 852,133
Mr. Tippie: -0-
(b) Please refer to Items 7 through 9 on page 2 and Item
5(a) above.
(c) None
(d) None
(e) Not applicable
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
Not applicable.
SCHEDULE 13D
WSFS FINANCIAL CORPORATION
CUSIP NO. 855180 10 5 Page 5 of 5
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.
Estate of John W. Rollins, Sr.
Date: April 18, 2000 /s/ Henry B. Tippie
By Henry B. Tippie, Executor
/s/ Henry B. Tippie
Henry B. Tippie, Individually
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
