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OMB APPROVAL
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OMB No. 3235-0145
Expires December 31, 1997
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
MERIT HOLDING CORPORATION
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(Name of Issuer)
Common Stock, par value $2.50 per share
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(Title of Class of Securities)
589964 10 5
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(CUSIP Number)
*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 ("Act") 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 the following page(s))
Page 1 of 5 Pages
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CUSIP No. 589964 10 5 13G Page 2 of 5 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lloyd M. Smith
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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
United States of America
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5 SOLE VOTING POWER
NUMBER OF
SHARES 360,000
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
-0-
EACH ---------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 360,000
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WITH 8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
360,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.0%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1(a). Name of Issuer.
Merit Holding Corporation
Item 1(b). Address of Issuer's Principal Executive Offices.
5100 LaVista Road, Tucker, Georgia 30085-0049
Item 2(a). Name of Person Filing.
Lloyd M. Smith
Item 2(b). Address of Principal Business Office or, if none, Residence.
14270 Phillips Circle, Alpharetta, Georgia 30004
Item 2(c). Citizenship.
United States of America
Item 2(d). Title of Class of Securities.
Common Stock, par value $2.50 per share
Item 2(e). CUSIP Number.
589964 10 5
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a:
N/A
Item 4. Ownership.
(a) Amount Beneficially Owned as of December 31, 1997:
360,000
(b) Percent of Class:
9.0%
Page 3 of 5 Pages
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(c) Number of Shares as to Which Such Person has:
(i) sole power to vote or to direct the vote: 360,000
(ii) shared power to vote to to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition
of: 360,000
(iv) shared power to dispose or to direct the
disposition of: -0-
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
N/A
Page 4 of 5 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.
Date: February 12, 1998 /s/ Lloyd M. Smith
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Lloyd M. Smith
Page 5 of 5 Pages
