SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
AMENDMENT NO. 5
HOMEOWNERS GROUP, INC.
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(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
43739N-10-7
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(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).
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CUSIP NO. 43739N-10-7
(1) Names of Reporting Persons MELVIN STEWART
S.S. or I.R.S. Identification Nos. of Above Person ###-##-####
(2) Check the Appropriate Box if a Member of a Group
(See Instructions) (a) [ ] (b) [ ]
(3) SEC Use Only
(4) Citizenship or Place of Organization U.S.A.
Number of (5) Sole Voting Power 299,587(1)
Shares Bene-
ficially (6) Shared Voting Power 15,788(2)
Owned by
Each Report- (7) Sole Dispositive Power 299,587(1)
ing Person
With (8) Shared Dispositive Power 15,788(2)
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 315,375(1)(2)
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
(11) Percent of Class Represented by Amount in Row (9) 5.67%(3)
(12) Type of Reporting Person (See Instructions) IN
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(1) Includes 243,701 shares of Common Stock held by Melvin Stewart as
Trustee of the Melvin Stewart Trust.
(2) Represents 15,788 shares of Common Stock held by Mitchell Stewart as
Trustee of the Bari Udell Trust, as to which Melvin Stewart has the
shared power to direct the voting and investment of such shares as
trust advisor and as to which beneficial ownership is disclaimed by
Melvin Stewart.
(3) Calculated on the basis of 5,558,350 shares of Common Stock
outstanding on July 31, 1995, as reported in the Issuer's 10-Q for
the quarter ended June 30, 1995.
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ITEM 1(A). Name of Issuer:
HOMEOWNERS GROUP, INC.
ITEM 1(B). Address of Issuer's Principal Executive Offices:
6365 TAFT STREET
HOLLYWOOD, FLORIDA 33024
ITEM 2(A). Name of Person Filing:
MELVIN STEWART
ITEM 2(B). Address of Principal Business Office or, if None,
Residence:
2812 N. 46TH AVENUE, APT. G-666
HOLLYWOOD, FLORIDA 33021
ITEM 2(C). Citizenship:
U.S.A.
ITEM 2(D). Title of Class of Securities:
COMMON STOCK, $.01 PAR VALUE
ITEM 2(E). CUSIP Number:
43739N-10-7
ITEM 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), identify the status of the person filing.
NOT APPLICABLE.
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ITEM 4. Ownership.
(a) Amount Beneficially Owned: 315,375(1)(2) SHARES.
(b) Percent of Class: 5.67%(3)
(c) Number of shares as to which such person has:
(i) sole power to vote or to 299,587(1)
direct the vote
(ii) shared power to vote or to 15,788(2)
direct the vote
(iii) sole power to dispose or to 299,587(1)
direct the disposition of
(iv) shared power to dispose or to
direct the disposition of 15,788(2)
ITEM 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ].
ITEM 6. Ownership of More than Five Percent on Behalf of Another
Person.
NOT APPLICABLE.
ITEM 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company.
NOT APPLICABLE.
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(1) Includes 243,701 shares of Common Stock held by Melvin Stewart
as Trustee of the Melvin Stewart Trust.
(2) Represents 15,788 shares of Common Stock held by Mitchell
Stewart as Trustee of the Bari Udell Trust, as to which Melvin
Stewart has the shared power to direct the voting and
investment of such shares as trust advisor and as to which
beneficial ownership is disclaimed by Melvin Stewart.
(3) Calculated on the basis of 5,558,350 shares of Common Stock
outstanding on July 31, 1995, as reported in the Issuer's 10-Q
for the quarter ended June 30, 1995.
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ITEM 8. Identification and Classification of Members of the Group.
NOT APPLICABLE.
ITEM 9. Notice of Dissolution of Group.
NOT APPLICABLE.
ITEM 10. Certification.
NOT APPLICABLE.
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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.
October 6, 1995 /S/ MELVIN STEWART
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Melvin Stewart
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