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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)
Cross Timbers Royalty Trust
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(Name of Issuer)
Units of Beneficial Interest
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(Title of Class of Securities)
22757R 10 9
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(CUSIP Number)
Louis G. Baldwin
Senior Vice President
and Chief Financial Officer
Cross Timbers Oil Company
810 Houston Street, Suite 2000
Fort Worth, Texas 76102
(817) 870-2800
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 17, 1996
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(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 [ ].
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.
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SCHEDULE 13D
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CUSIP No. 22757R 10 9
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1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Cross Timbers Oil Company
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75-2347769
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ X ] b) [ ]
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3) SEC Use Only
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4) Source of Funds (See Instructions)
WC, BK
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5) Check Box if Disclosure of Legal [ ]
Proceedings is Required Pursuant
to Items 2(d) or 2(e)
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6) Citizenship or Place of Organization
Delaware
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7) Sole Voting Power
Number of Shares 955,800
Beneficially Owned -------
by Each Reporting ------------------------------------------------------
Person With 8) Shared Voting Power
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9) Sole Dispositive Power
955,800
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10) Shared Dispositive Power
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11) Aggregate Amount Beneficially Owned by Each Reporting Person
955,800
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12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [ X ]
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13) Percent of Class Represented by Amount in Row (11)
15.9%
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14) Type of Reporting Person (See Instructions)
CO
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ONLY THE INFORMATION REPORTED FOR THE FOLLOWING ITEMS IN THIS AMENDMENT NO. 6 TO
SCHEDULE 13D ARE AMENDED FROM THE INITIAL FILING ON SCHEDULE 13D DATED OCTOBER
9, 1996 AND PRIOR AMENDMENTS THERETO (THE INITIAL SCHEDULE 13D, TOGETHER WITH
ALL PRIOR AMENDMENTS, BEING REFERRED TO HEREIN AS "THE SCHEDULE 13D"). UNLESS
SPECIFICALLY HEREBY AMENDED, THE INFORMATION IN THE SCHEDULE 13D REMAINS
UNCHANGED. UNLESS OTHERWISE DEFINED HEREIN, ALL DEFINED TERMS USED HEREIN HAVE
THE SAME MEANING AS IN THE SCHEDULE 13D.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Item 3 is hereby amended as follows:
As of December 20, 1996, the total cost of Units purchased by Cross Timbers
was $12.8 million.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 is hereby amended as follows:
(a) As of December 20, 1996, Cross Timbers beneficially owns 955,800 Units
or approximately 15.9% of the Issuer's outstanding Units of 6,000,000 at
November 13, 1996, as reported in its Quarterly Report on Form 10-Q for its
quarter ended September 30, 1996.
(b) Cross Timbers has the sole voting power and dispositive power with
respect to the 955,800 Units it beneficially owns.
(c) Schedule II, attached hereto and incorporated herein by reference, lists
all transactions in the Units effected since December 10, 1996 and through
December 20, 1996 by Cross Timbers or Mr. Simpson or, to the knowledge of Cross
Timbers or Mr. Simpson, by any of the persons listed on Schedule I to the
Schedule 13D.
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SIGNATURES
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.
CROSS TIMBERS OIL COMPANY
Date: December 20, 1996 By: LOUIS G.BALDWIN
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Louis G. Baldwin
Senior Vice President and Chief Financial
Officer
BOB R. SIMPSON
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Bob R. Simpson
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SCHEDULE II TO SCHEDULE 13D
The following lists Unit purchases effected by Cross Timbers since December
10, 1996 and through December 20, 1996. All such purchases were open market
transactions.
Number Price
Date of Units per Unit
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12/17/96 62,000 $14.998
12/18/96 53,100 15.00
The following lists Unit sales effected by Mr. Simpson since December 10,
1996 and through December 20, 1996. All such sales were open market
transactions.
Number Price
Date of Units per Unit
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To the best of Cross Timbers' and Mr. Simpson's knowledge, no other persons
listed in Schedule I of the Schedule 13D have effected any Unit transactions
since December 10, 1996 and through December 20, 1996.
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