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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)
AVEMCO Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
053555108
(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).
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CUSIP No. 053555108 13G Page 1 of 1 Pages
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1 NAME OF REPORTING PERSON Century Capital Management, Inc.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 04-3152630
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) _X__
(b) _____
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts
NUMBER OF 5 SOLE VOTING POWER 100,000
SHARES
BENEFICIALLY 6 SHARED VOTING POWER 0
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER 100,000
REPORTING
PERSON 8 SHARED DISPOSITIVE POWER 0
WITH
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 100,000
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.21%
12 TYPE OF REPORTING PERSON* IA
*SEE INSTRUCTION BEFORE FILLING OUT!
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities and Exchange Act of 1934
Item 1(a) Name of Issuer: AVEMCO Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
Frederick Municipal Airport
411 Aviation Way
Frederick, MD 21701
Item 2(a) Name of Person Filing: Century Capital Management, Inc.
Item 2(b) Address of Principal Business Office or, if none, Residence:
One Liberty Square
Boston, Massachusetts 02109
Item 2(c) Citizenship: Massachusetts corporation
Item 2(d) Title of Class of Securities: Common
Item 2(3) CUSIP Number: 053555108
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(e) [X] Investment Adviser registered under section 203 of
Investment Advisers Act of 1940
Item 4. Ownership:
See responses to items 5,6,7,8,9, and 11 of Cover Page.
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 [X ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable
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Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
Not Applicable
Item 8. Identification and Classification of Members of the Group:
This filing is made by Century Capital Management, Inc., which
together with Massachusetts Fiduciary Advisors, Inc. ("MFA"),
constitutes a group owning less than five percent of a class of
issuer's securities. MFA is filing a Schedule 13G of even date
herewith with respect to such securities.
Item 9. Notice of Dissolution of Group: Not Applicable
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
/s/ Richard F. Cook, Jr.
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Richard F. Cook, Jr.
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.
January 24, 1997
Date
Century Capital Management, Inc.
By /s/ Richard F. Cook, Jr.
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Richard F. Cook, Jr.
Vice President
