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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CHEMFIRST INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
16361A106
(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. 16361A106
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
J. KELLEY WILLIAMS, SS# ###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) Not applicable
(b) Not applicable
3 SEC USE ONLY:
4 CITIZENSHIP OR PLACE OF ORGANIZATION: U. S. A.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5 SOLE VOTING POWER: 1,169,391
6 SHARED VOTING POWER: 165,000
7 SOLE DISPOSITIVE POWER: 1,169,391
8 SHARED DISPOSITIVE POWER: 165,000
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,334,391
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]:
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 6.5%
12 TYPE OF REPORTING PERSON:
IN
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ITEM 1.
(a) Name of Issuer:
ChemFirst Inc.
700 North Street
P. O. Box 1249
Jackson, MS 39215-1249
(b) Address of Issuer's Principal Executive Offices:
700 North Street
P. O. Box 1249
Jackson, MS 39215-1249
ITEM 2.
(a) Name of Person Filing: J. Kelley Williams
(b) Address of Principal Business Office:
ChemFirst Inc.
700 North Street
P. O. Box 1249
Jackson, MS 39215-1249
Person filing is Chief Executive Officer and Chairman of the Board of
the issuer.
(c) Citizenship of Person Filing: USA
(d) Title of Class of Securities: Common Stock
(e) Cusip Number of Issuer: 16361A106
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b), CHECK
WHETHER THE PERSON FILING IS A:
Not applicable.
ITEM 4. OWNERSHIP
(a) Amount beneficially owned as of December 31, 1997:
1,334,391 (includes 421,689 shares which the reporting person
has the right to acquire)
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(b) Percent of Class: 6.5%
(c) Person filing has sole power to vote or to direct the vote and
sole power to dispose or direct the disposition of 1,169,391
shares.
Person filing has shared power to vote or to direct the vote
and shared power to dispose or direct the disposition of
165,000 shares.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS [ ]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT 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
The certification pursuant to Rule 13(d)-1(b) is not applicable.
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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.
1/22/98 /s/ J. Kelley Williams
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Date Signature
J. Kelley Williams
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Chairman of the Board and
Chief Executive Officer
