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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
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hours per response .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a)
of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Waters Louis A. Statement Trading Symbol (TYL) of Original
- ---------------------------------------- (Month/Day/Year) Tyler Corporation (Month/Day/Year)
(Last) (First) (Middle) 09/10/97 ------------------------------------
10375 Richmond Avenue, Suite 1615 ---------------------------- 5. Relationship of Reporting
- ---------------------------------------- 3. IRS or Social Security Person to Issuer
(Street) Number of Reporting (Check all applicable)
Person (Voluntary) __X__ Director __X__ 10% Owner
Houston Texas 77042 _____ Officer (give _____ Other (specify
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(City) (State) (Zip) ----------------------------
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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Common Stock ($0.01 par value per share) 2,000,000* I By Richmond Partners,
Ltd., a Texas limited
partnership, of which
the reporting person is
the sole general partner
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1473 (7/96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Stock Purchase Warrant 9/10/97 9/10/07 Common Stock $0.01 2,000,000* $2.50 I by Richmond Partners
par value Ltd., a Texas
limited partnership,
of which the
reporting person is
sole general partner
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Explanation of Responses:
*Under the terms of the Partnership Agreement, the reporting person has a pecuniary interest in less than 100% of the securities
held by Richmond Partners, Ltd.
**Intentional misstatements or omissions of facts constitute Federal Criminal By: /s/ Louis A. Waters September 18, 1997
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ---------------------------- ------------------
**Signature of Reporting Person Date
Note. File three copies of this Form, one of which must be manually signed. Page 2
If space provided is insufficient, See Instruction 6 for procedure. SEC 1473 (7/96)
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