UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
Litchfield Financial Corporation
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
536619109
(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 of or less of such
class.) (See Rule 13-d-7).
*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 and 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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Page 2 of 6 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Donald R. Dion, Jr.
###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
N/A (b) |_|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
Number 5 SOLE VOTING POWER
of shares
benefic- 308,399
ially
owned by 6 SHARED VOTING POWER
each
reporting N/A
person
with 7 SOLE DISPOSITIVE POWER
308,399
8 SHARED DISPOSITIVE POWER
N/A
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
308,399
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
N/A
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.1%
12 TYPE OF REPORTING PERSON
IN
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Page 3 of 6 Pages
Item 1(a) Name of Issuer:
Litchfield Financial Corporation
Item 1(b) Address of Issuer's principal executive offices:
789 Main Road
Stamford, VT 05352
Item 2(a) Name of person filing:
Donald R. Dion, Jr.
Item 2(b) Address of principal business office or, if none, residence:
c/o Dion Money Management
279 Main Street
Williamstown, MA 01267
Item 2(c) Citizenship:
United States
Item 2(d) Title of class of securities:
Common Stock, $.01 par value
Item 2(e) CUSIP Number:
536619109
Item 3 If Statement filed pursuant to Rule 13d-1(b) or 13d-2(b),
check whether the person filing is a:
(a) |_| Broker or Dealer
(b) |_| Bank
(c) |_| Insurance Company
(d) |_| Investment Company
(e) |_| Investment Advisor
(f) |_| Employee Benefit Plan, Pension Fund or Endowment
Fund
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Page 4 of 6 Pages
(g) |_| Parent Holding Company
(h) |_| Group
Item 4 Ownership:
(a) Amounts beneficially owned: 308,399
(b) Percent of class: 7.1%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 308,399
(ii) shared power to vote or to direct the vote: N/A
(iii) sole power to dispose or to direct the disposition
of: 308,399
(iv) shared power to dispose or to direct the
disposition of: N/A
Item 5 Ownership of 5% or Less of a Class:
Not applicable.
Item 6 Ownership of more than 5% 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.
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.
<PAGE>
Page 5 of 6 Pages
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.
Dated: 2/13/97 /s/ Donald R. Dion, Jr.
Donald R. Dion, Jr.
147590-1
