SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
MINDEN BANCSHARES, INC.
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(Name of Issuer)
Common Stock, $2.50 par value per share
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(Title of Class of Securities)
Not Applicable
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(CUSIP Number)
Robert W. Hines, Jr., P. 0. Box 400
Minden, LA 71058-0400 (318) 377-4283
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
February 2, 1999
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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(e), 13d-1(f) or 13d-1(g), check the following box
( )
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
*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.
Page 1 of 5
No Exhibits Contained Herein
The information required in the remainder of this cover page shall not be
deemed to be "filled" 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).
CUSIP No Not Applicable
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1) Names of Reporting Persons, I.R.S. Identification Nos. of Above Persons
(entities only)
James D. Madden
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b)
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3) SEC Use Only
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4) Source of Funds Not Applicable
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5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2 (d) or 2 (c)
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6) Citizenship or Place of Organization U.S.
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Number of
Shares 7) Sole Voting Power 5,637
Beneficially ---------------------------------------------------------
Owned by 8) Shared Voting Power 0
Each ---------------------------------------------------------
Reporting 9) Sole Dispositive Power 5,637
Person ---------------------------------------------------------
With 10) Shared Dispositive Power 0
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11) Aggregate Amount Beneficially Owned by Each Reporting Person 5,637
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12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
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13) Percent of Class Represented by Amount in Row (11) 2.05%
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14) Type of Reporting Person (See Instructions IN
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ITEM 1. SECURITY AND ISSUER
This Schedule 13-D relates to the Common Stock, $2.50 par value per share
("Common Stock"), issued by Minden Bancshares, Inc., a Louisiana corporation
(the "Company"). The address of the principal executive office of the Company
is 401 Main Street, Minden, LA 71055. The mailing address of the Company is
P.O. Box 400, Minden, LA 71058-0400.
ITEM 2. IDENTITY AND BACKGROUND
This statement is filed on behalf of James D. Madden (the "Reporting
Person"). On February 2, 1999, Madden Contracting Company, Inc., family owned
corporation of the Reporting Person, sold to the four children of the Reporting
Person, all of majority age, in equal number shares, all of its shares
(numbering 13,539) previously reported as beneficially owned by the Reporting
Person. This transaction reduces to 2.0%, the number of shares now owned by the
Reporting Person, thus this amendment is filed to effectively remove the
Reporting Person from the Section 13 reporting requirements.
The Reporting Person began serving as Director of Webster Bank & Trust
Company from its formation in 1970 and as Director of Webster Bancshares, Inc.
from its formation in 1984. The Reporting Person was elected Chairman of the
Board of Directors at Webster Bancshares, Inc. and Webster Bank & Trust Company
in 1985 and served in that capacity until the merger with the Company on
December 1, 1992, and became Director of the Company and its banking subsidiary,
Minden Bank & Trust Company.
(a) James D. Madden
(b) Whose mailing address is One Willow Creek Road, Minden, LA 71055.
(c) The Reporting Person is President of Madden Contracting Company, Inc.,
whose mailing address is P. O. Box 856, Minden, LA 71058-0856.
Madden Contracting Company, Inc.'s primary activities are highway and
heavy construction.
(d) The Reporting Person has not been, during the past five years,
convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors) of any nature.
(e) The Reporting Person has not been, during the last five years, a party
to a civil proceeding of a judicial or administrative body of comp-
etent jurisdiction pertaining to Federal or State securities laws.
(f) The Reporting Person is a U. S. Citizen.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Not applicable
ITEM 4. PURPOSE OF TRANSACTION
Not applicable
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) The Reporting Person holds 5,537 shares of Common Stock in his name.
The total shares beneficially owned amount to 5,537 or 2.0% of total
outstanding Common Stock of 280,583 shares. See ITEM 2. for expla-
nation of reduction in number of shares beneficially owned.
(b) The Reporting Person has the sole power to vote and dispose of the
stock held in his name.
(c) There were no transactions effected by the Reporting Person during the
past 60 days.
(d) No other person has the right to receive or power to direct the
receipt of dividends from, or the proceeds from the sale of Common
Stock reported.
(e) Not applicable
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDING OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
There are no outstanding contracts, arrangements, understandings or
relationships (legal or otherwise) between the Reporting Person and any other
person with respect to the securities of the issuer, including but not limited
to transfer or voting or securities, finder's fees, joint ventures, loan or
option arrangements, puts or calls, guarantees of profits, division of profits
or loss, or the giving or withholding of proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None
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.
March 31, 1999 /S/ James D. Madden
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Date Signature
James D. Madden
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Name
