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OMB APPROVAL
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OMB Number 3235-0145
Expires: September 30, 1988
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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. ___)
Martin Color-Fi, Inc.
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(Name of Issuer)
Common Stock, No Par Value
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(Title of Class of Securities)
573183100
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(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 or less of such class.)
(See Rule 13d-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 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).
<PAGE>
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CUSIP NO. 573183100 13G
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
UVEST Financial Services Group, Inc.
d/b/a SunBelt Capital Management ID# 56-1210987
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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
North Carolina Corporation
128 S. Tryon Street, Suite 1340, Charlotte, NC 28202
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5. SOLE VOTING POWER.
368,000
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6. SHARED VOTING POWER
NUMBER OF
SHARES None
BENEFICIALLY
OWNED ---------------------------------------------------------------
BY EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 395,700
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8. SHARED DISPOSITIVE POWER
None
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
395,700
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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
5.9%
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12. TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
GENERAL INSTRUCTIONS
Item 1.
(a) Name of Issuer
Martin Color-Fi, Inc.
(b) Address of Issuer's Principal Executive Offices
306 Main Street
Edgefield, SC 29824
Item 2.
(a) Name of Person Filing
UVEST Financial Services, Inc., d/b/a SunBelt Capital Management
(b) Address of Principal Business Office or, if none, Residence
128 S. Tryon Street, Suite 1340, Charlotte, NC 28202
(c) Citizenship
UVEST Financial Services, Inc., d/b/a SunBelt Capital Management
North Carolina Corporation
(d) Title of Class of Securities
Common Stock, No Par Value
(e) CUSIP Number
573183100
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(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) [X ] 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 1974
or Endowment Fund; see ss.240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G)
(Note: See Item 7)
(h) [ ] Group, in accordance with ss.240.13d- 1(b)(1)(ii)(H)
Item 4. Ownership.
(a) Amount Beneficially Owned
395,700
(b) Percent of Class
5.9%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
368,000
(ii) shared power to vote or to direct the vote
0
(iii) sole power to dispose or to direct the disposition of
395,700
(iv) shared power to dispose or to direct the disposition of
0
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 [ ].
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.
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.
<PAGE>
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.
February 6, 1998
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Date
/s/ John H. Robison, Jr.
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Signature
John H. Robison, Jr.
Chief Executive Officer
UVEST Financial Services, Inc.
d/b/a SunBelt Capital Management
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Name/Title
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the representatives
authority to sign on behalf of such person shall be filed with the statement,
provided, however, that a power of attorney for this purpose which is already on
file with the Commission may be incorporated by reference. The name and any
title of each person who signs the statement shall be typed or printed beneath
his signature.
Attention: Intentional misstatements of omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
