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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2) *
Stearns & Lehman, Inc.
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(Name of Issuer)
Common Shares, No Par Value
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(Title of Class of Securities)
857890 10 7
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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).
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CUSIP NO. 857890 10 7 13G PAGE 2 OF 5 PAGES
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sally A. Stearns
2. CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) _____
(b) X
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3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON:
5. SOLE VOTING POWER
651,916 shares
6. SHARED VOTING POWER
-0-
7. SOLE DISPOSITIVE POWER
651,916 shares
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
651,916 shares
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
Not Applicable
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.84%
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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Item 1(a). Name of Issuer.
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Stearns & Lehman, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
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30 Paragon Parkway
Mansfield, Ohio 44903
Item 2(a). Name of Person Filing.
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Sally A. Stearns
Item 2(b). Address of Principal Business Office or, if none, Residence of
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Person Filing.
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Stearns & Lehman, Inc.
30 Paragon Parkway
Mansfield, Ohio 44903
Item 2(c). Citizenship of Person Filing.
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Ohio
Item 2(d). Title of Class of Securities.
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Common Shares, No Par Value
Item 2(e). CUSIP Number.
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857890 10 7
Item 3. If this statement is filed pursuant to Rules 13d1(b), or
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13d2(b), check whether the person filing is a:
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(a) [ ] Broker or Dealer registered under Section 15
of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the
Act
(c) [ ] Insurance Company as defined in Section
3(a)(19) of the Act
(d) [ ] Investment Company registered under Section
8 of the Investment Company Act
(e) [ ] Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of
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1974 or Endowment Fund; see sec.
240.13d1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with
sec. 240.13d1(b)(ii)(G)
(h) [ ] Group, in accordance with sec.
240.13d1(b)(1)(ii)(H)
Item 4. Ownership.
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(a) Amount Beneficially Owned: 651,916 shares
(b) Percent of Class: 19.84%
(c) Number of shares as to which such person filing has:
(i) Sole power to vote or to direct the vote:
651,916 shares
(ii) Shared power to vote or to direct the vote:
0 shares
(iii) Sole power to dispose or to direct the disposition of:
651,916 shares
(iv) Shares power to dispose or to direct the disposition of:
0 shares
Item 5. Ownership of Five Percent or Less of a Class.
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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: [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another
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Person.
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Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which
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Acquired the Security Being Reported on By the Parent Holding
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Company.
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Not Applicable.
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Item 8. Identification and Classification of Members of the Group.
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Not Applicable.
Item 9. Notice of Dissolution of Group.
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Not Applicable.
Item 10. Certificate.
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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 purpose or effect.
SIGNATURE
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After reasonably 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: As of December 31, 1998 By: \s\ Sally A. Stearns
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Sally A. Stearns
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