CHITTENDEN TRUST CO/VT
13F-HR, 1999-08-05
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FORM 13F COVER PAGE

SECURITIES AND EXCHANGE COMMISSION FORM 13-F (13F-HR)

CHITTENDEN CORPORATION
ATTN MIKE GAUDING - TRUST OPERATIONS
2 BURLINGTON SQUARE
BURLINGTON VT 05401

ASSETS AS OF 06/30/99

SIGNATURE:		JERRY R CONDON
NAME:			JERRY R CONDON
TITLE:		CHIEF INVESTMENT OFFICER
PHONE:		802 660-1325

FORM 13F SUMMARY PAGE

SECURITIES AND EXCHANGE COMMISSION FORM 13-F (13F-HR)

CHITTENDEN TRUST COMPANY - 1
BANK OF WESTERN MASSACHUSETTS - 2
FLAGSHIP BANK AND TRUST COMPANY - 3



<TABLE>
FORM 13F INFORMATION TABLE
<CAPTION>

CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE    1
										ASSETS AS OF 06/30/99

 - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>						  <C>		  <C>       <C>                <C>           <C>      <C>
 A T & T CORP                         001957109     1,352     25,941 SH              X          1       24,666                 1,275

 A T & T CORP                         001957109       289      5,540 SH              X   X      1        5,540

 A T & T CORP                         001957109        97      1,856 SH              X          2        1,856

 A T & T CORP                         001957109       114      2,178 SH              X          3        2,178

 ABBOTT LABS                          002824100       695     16,175 SH              X          1       16,175

 ABBOTT LABS                          002824100       288      6,714 SH              X   X      1        6,714

 ABBOTT LABS                          002824100       107      2,500 SH              X          2        2,500

 ABBOTT LABS                          002824100       163      3,800 SH              X          3        3,800

 AIR PRODUCTS & CHEMICALS INC         009158106       203      6,056 SH              X          1        1,800                 4,256

 AIR PRODUCTS & CHEMICALS INC         009158106        10        300 SH              X   X      1          300

 ALLIED-SIGNAL INC                    019512102       273      4,226 SH              X          1        4,226

 ALLIED-SIGNAL INC                    019512102       296      4,576 SH              X   X      1        4,576

 AMERICA ONLINE                       02364J104     1,086     11,185 SH              X          1       11,020                   165

 AMERICA ONLINE                       02364J104       131      1,345 SH              X   X      1        1,305                    40

 AMERICA ONLINE                       02364J104        41        419 SH              X          2          419

 AMERICA ONLINE                       02364J104       167      1,720 SH              X          3        1,720

 AMERICA ONLINE                       02364J104         3         30 SH              X   X      3           30

 AMERICAN ELECTRIC POWER INC          025537101       153      4,336 SH              X          1        4,336

 AMERICAN ELECTRIC POWER INC          025537101        48      1,365 SH              X   X      1        1,365

 AMERICAN EXPRESS CO                  025816109     1,067      8,100 SH              X          1        8,100

 AMERICAN EXPRESS CO                  025816109        20        150 SH              X   X      1          150

 AMERICAN EXPRESS CO                  025816109        40        300 SH              X   X      3          300

 AMERICAN HOME PRODUCTS CORP          026609107     3,133     61,428 SH              X          1       57,428                 4,000

 AMERICAN HOME PRODUCTS CORP          026609107     1,187     23,268 SH              X   X      1       23,268

 AMERICAN HOME PRODUCTS CORP          026609107        80      1,570 SH              X          2        1,570

                                               ----------
          PAGE TOTAL                               11,043

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE    2
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>     <C>
 AMERICAN HOME PRODUCTS CORP          026609107        10        200 SH              X          3          200

 AMERICAN HOME PRODUCTS CORP          026609107         5        100 SH              X   X      3          100

 AMERN INTL GROUP INC                 026874107     8,276     71,269 SH              X          1       69,565                 1,704

 AMERN INTL GROUP INC                 026874107     1,581     13,611 SH              X   X      1       13,526                    85

 AMERN INTL GROUP INC                 026874107        98        848 SH              X          2          848

 AMERN INTL GROUP INC                 026874107       689      5,931 SH              X          3        5,931

 AMERN INTL GROUP INC                 026874107         5         45 SH              X   X      3           45

 AMERITECH CORP                       030954101     1,921     26,499 SH              X          1       25,271                 1,228

 AMERITECH CORP                       030954101       569      7,855 SH              X   X      1        7,855

 AMERITECH CORP                       030954101        13        176 SH              X          2          176

 AMGEN INC                            031162100       972     12,650 SH              X          1       12,650

 AMGEN INC                            031162100       231      3,000 SH              X   X      1        3,000

 AMSOUTH BANCORPORATION               032165102       206      9,000 SH              X          2        9,000

 ANALOG DEVICES INC                   032654105       414      9,604 SH              X   X      1        9,604

 ARCHER DANIELS MIDLAND CO            039483102       191     13,668 SH              X          1       13,668

 ARCHER DANIELS MIDLAND CO            039483102        86      6,181 SH              X   X      1        6,181

 ASSOCIATES FIRST CAPITAL CORP        046008108     1,623     42,363 SH              X          1       41,808                   555

 ASSOCIATES FIRST CAPITAL CORP        046008108       301      7,865 SH              X   X      1        7,745                   120

 ASSOCIATES FIRST CAPITAL CORP        046008108        54      1,398 SH              X          2        1,398

 ASSOCIATES FIRST CAPITAL CORP        046008108       225      5,862 SH              X          3        5,862

 ASSOCIATES FIRST CAPITAL CORP        046008108         3         90 SH              X   X      3           90

 ATLANTIC RICHFIELD CO                048825103       750      8,329 SH              X          1        7,029                 1,300

 ATLANTIC RICHFIELD CO                048825103       268      2,981 SH              X   X      1        2,981

 ATLANTIC RICHFIELD CO                048825103        45        500 SH              X          3          500

 AUTOMATIC DATA PROCESSING            053015103     2,291     57,193 SH              X          1       56,498                   695

                                               ----------
          PAGE TOTAL                               20,827

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE    3
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 AUTOMATIC DATA PROCESSING            053015103       597     14,910 SH              X   X      1       14,395                   515

 AUTOMATIC DATA PROCESSING            053015103       101      2,529 SH              X          2        2,529

 AUTOMATIC DATA PROCESSING            053015103       305      7,601 SH              X          3        7,601

 AUTOMATIC DATA PROCESSING            053015103        11        264 SH              X   X      3          264

 BP AMOCO PLC SPONSORED ADR           055622104     1,772     15,295 SH              X          1       14,965                   330

 BP AMOCO PLC SPONSORED ADR           055622104       417      3,599 SH              X   X      1        3,599

 BANK AMER CORP                       060505104       184      2,775 SH              X          1        2,775
 COM
 BANK AMER CORP                       060505104        20        300 SH              X   X      1          300
 COM
 BANK ONE CORP                        06423A103     2,038     37,344 SH              X          1       36,826                   518

 BANK ONE CORP                        06423A103       282      5,171 SH              X   X      1        4,934                   237

 BANK ONE CORP                        06423A103        50        911 SH              X          2          911

 BANK ONE CORP                        06423A103       239      4,372 SH              X          3        4,372

 BANK ONE CORP                        06423A103         3         62 SH              X   X      3           62

 BANKBOSTON CORP                      06605R106       434      9,251 SH              X          1        9,251

 BANKBOSTON CORP                      06605R106        47      1,000 SH              X   X      1        1,000

 BANKBOSTON CORP                      06605R106        14        300 SH              X          3          300

 BANKNORTH GROUP INC                  06646L100       318      9,825 SH              X          1        9,247                   578

 BANKNORTH GROUP INC                  06646L100        86      2,654 SH              X   X      1        2,654

 BELL ATLANTIC CORP                   077853109     1,995     31,177 SH              X          1       28,815                 2,362

 BELL ATLANTIC CORP                   077853109       437      6,832 SH              X   X      1        6,832

 BELL ATLANTIC CORP                   077853109        46        712 SH              X          2          712

 BELL ATLANTIC CORP                   077853109        32        502 SH              X          3          502

 BELLSOUTH CORP                       079860102     3,978     82,759 SH              X          1       78,259                 4,500

 BELLSOUTH CORP                       079860102       871     18,124 SH              X   X      1       18,124

 BELLSOUTH CORP                       079860102        80      1,668 SH              X          2        1,668

                                               ----------
          PAGE TOTAL                               14,357


<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE    4
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 BELLSOUTH CORP                       079860102        87      1,800 SH              X          3        1,800

 BERKSHIRE HATHAWAY                   084670108       271          4 SH              X          1            4

 BERKSHIRE HATHAWAY CLASS B           084670207       247        116 SH              X          1          116

 BERKSHIRE HATHAWAY CLASS B           084670207        96         45 SH              X   X      1           45

 BERKSHIRE HATHAWAY CLASS B           084670207        21         10 SH              X          3           10

 BESTFOODS                            08658U101     1,744     35,767 SH              X          1       34,142                 1,625

 BESTFOODS                            08658U101       480      9,840 SH              X   X      1        9,740                   100

 BESTFOODS                            08658U101        64      1,317 SH              X          2        1,317

 BESTFOODS                            08658U101       214      4,387 SH              X          3        4,387

 BESTFOODS                            08658U101         3         53 SH              X   X      3           53

 BOEING CO                            097023105        18        400 SH              X          1          200                   200

 BOEING CO                            097023105       935     20,596 SH              X   X      1        5,468                15,128

 BOEING CO                            097023105         4         90 SH              X          3           90

 BOWNE & CO, INC                      103043105       141     10,632 SH              X          3       10,632

 BRADFORD OIL COMPANY INC CL B        104320X19       220    121,027 SH              X          1      121,027

 BRISTOL MYERS SQUIBB CO              110122108     5,390     81,048 SH              X          1       79,618                 1,430

 BRISTOL MYERS SQUIBB CO              110122108     2,052     30,859 SH              X   X      1       28,784                 2,075

 BRISTOL MYERS SQUIBB CO              110122108        51        764 SH              X          2          764

 BRISTOL MYERS SQUIBB CO              110122108       291      4,373 SH              X          3        4,373

 BRISTOL MYERS SQUIBB CO              110122108         3         39 SH              X   X      3           39

 BURLINGTON NORTHERN SANTA FE         12189T104       275      8,585 SH              X          1        7,985                   600

 BURLINGTON NORTHERN SANTA FE         12189T104       373     11,646 SH              X   X      1        7,146                 4,500

 CSX CORP                             126408103       140      2,880 SH              X          1        2,880

 CSX CORP                             126408103       300      6,200 SH              X   X      1        1,200                 5,000

 CAMPBELL SOUP CO                     134429109       246      5,600 SH              X          1        5,600

                                               ----------
          PAGE TOTAL                               13,666


<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE    5
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 CARDINAL HEALTH INC                  14149Y108       941     13,787 SH              X          1       13,682                   105

 CARDINAL HEALTH INC                  14149Y108        95      1,385 SH              X   X      1        1,315                    70

 CARDINAL HEALTH INC                  14149Y108        25        369 SH              X          2          369

 CARDINAL HEALTH INC                  14149Y108       194      2,841 SH              X          3        2,841

 CARDINAL HEALTH INC                  14149Y108        16        234 SH              X   X      3          234

 CARNIVAL CORP                        143658102     1,569     33,793 SH              X          1       33,358                   435

 CARNIVAL CORP                        143658102       184      3,955 SH              X   X      1        3,815                   140

 CARNIVAL CORP                        143658102        53      1,152 SH              X          2        1,152

 CARNIVAL CORP                        143658102       305      6,571 SH              X          3        6,571

 CARNIVAL CORP                        143658102         3         74 SH              X   X      3           74

 CATERPILLAR INC                      149123101       344      5,868 SH              X          1        5,868

 CATERPILLAR INC                      149123101        12        200 SH              X          3          200

 CENTRAL & SOUTH WEST CORP            152357109       140      6,575 SH              X          1        6,575

 CENTRAL & SOUTH WEST CORP            152357109       108      5,048 SH              X   X      1        5,048

 CHAMPLAIN BANK CORP COM              15871P108       207        690 SH              X          1          345                   345

 CHEMFAB CORP                         16361L102       170     10,000 SH              X          1                             10,000

 CHEVRON CORP                         166751107     2,736     29,983 SH              X          1       29,878                   105

 CHEVRON CORP                         166751107       395      4,324 SH              X   X      1        4,274                    50

 CHEVRON CORP                         166751107        98      1,073 SH              X          2        1,073

 CHEVRON CORP                         166751107       203      2,228 SH              X          3        2,228

 CHEVRON CORP                         166751107         3         30 SH              X   X      3           30

 CHITTENDEN CORP                      170228100     5,439    195,136 SH              X          1      126,768                68,368

 CHITTENDEN CORP                      170228100     1,967     70,573 SH              X   X      1       64,511                 6,062

 CHITTENDEN CORP                      170228100        74      2,640 SH              X          2        2,640

 CISCO SYSTEMS INC                    17275R102     4,257     68,520 SH              X          1       66,738                 1,782

                                               ----------
          PAGE TOTAL                               19,538

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE    6
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 CISCO SYSTEMS INC                    17275R102       865     13,923 SH              X   X      1       13,778                   145

 CISCO SYSTEMS INC                    17275R102       221      3,557 SH              X          2        3,557

 CISCO SYSTEMS INC                    17275R102       650     10,456 SH              X          3       10,456

 CISCO SYSTEMS INC                    17275R102       105      1,688 SH              X   X      3        1,688

 CITIGROUP INC                        172967101       628     14,099 SH              X          1       13,724                   375

 CITIGROUP INC                        172967101       158      3,536 SH              X   X      1        3,536

 CITIGROUP INC                        172967101        33        750 SH              X   X      3          750

 COBBLE HILL HOLDINGS, INC CL B       19088P208       755     75,455 SH              X   X      1       75,455

 COCA COLA CO                         191216100     4,055     66,954 SH              X          1       66,629                   325

 COCA COLA CO                         191216100     1,691     27,915 SH              X   X      1       27,915

 COCA COLA CO                         191216100        97      1,600 SH              X          3        1,600

 COLGATE PALMOLIVE CO                 194162103       395      7,992 SH              X          1        4,154                 3,838

 COLGATE PALMOLIVE CO                 194162103        73      1,480 SH              X          3        1,480

 CUROCO CORPORATION (SUBCHAPTER       231293101        26     10,000 SH              X          1       10,000
 S CORPORATION)
 DPL INC                              233293109       220     11,479 SH              X          1       11,479

 DPL INC                              233293109        23      1,182 SH              X   X      1        1,182

 DANAHER CORP                         235851102     1,988     34,846 SH              X          1       34,241                   605

 DANAHER CORP                         235851102       555      9,725 SH              X   X      1        9,640                    85

 DANAHER CORP                         235851102        59      1,040 SH              X          2        1,040

 DANAHER CORP                         235851102       274      4,797 SH              X          3        4,797

 DANAHER CORP                         235851102         3         46 SH              X   X      3           46

 DAYTON HUDSON CORP                   239753106       359      5,550 SH              X          1        5,550

 DAYTON HUDSON CORP                   239753106       107      1,650 SH              X   X      1        1,650

 DISNEY, WALT                         254687106     2,270     82,346 SH              X          1       81,071                 1,275

 DISNEY, WALT                         254687106       473     17,170 SH              X   X      1       16,690                   480

                                               ----------
          PAGE TOTAL                               16,083

<CAPTION>
CHITTENDEN CORPORATON                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE    7
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 DISNEY, WALT                         254687106        38      1,383 SH              X          2        1,383

 DISNEY, WALT                         254687106       309     11,205 SH              X          3       11,205

 DISNEY, WALT                         254687106        19        690 SH              X   X      3          690

 DOMINION RESOURCES INC, VA           257470104       161      3,657 SH              X          1        3,657

 DOMINION RESOURCES INC, VA           257470104        65      1,475 SH              X   X      1        1,475

 DOW CHEMICAL CO                      260543103       242      1,950 SH              X          1        1,950

 DOW CHEMICAL CO                      260543103       199      1,604 SH              X   X      1        1,604

 DUPONT E I DE NEMOURS & CO           263534109     3,903     54,108 SH              X          1       53,543                   565

 DUPONT E I DE NEMOURS & CO           263534109     1,064     14,750 SH              X   X      1       14,680                    70

 DUPONT E I DE NEMOURS & CO           263534109        50        696 SH              X          2          696

 DUPONT E I DE NEMOURS & CO           263534109       366      5,079 SH              X          3        5,079

 DUPONT E I DE NEMOURS & CO           263534109         6         89 SH              X   X      3           89

 DUKE ENERGY CORP                     264399106     1,154     21,804 SH              X          1       21,439                   365

 DUKE ENERGY CORP                     264399106       160      3,022 SH              X   X      1        2,927                    95

 DUKE ENERGY CORP                     264399106        24        459 SH              X          2          459

 DUKE ENERGY CORP                     264399106       180      3,396 SH              X          3        3,396

 DUKE ENERGY CORP                     264399106         2         46 SH              X   X      3           46

 EMC CORP                             268648102     1,498     24,790 SH              X          1       22,060                 2,730

 EMC CORP                             268648102       174      2,885 SH              X   X      1        2,800                    85

 EMC CORP                             268648102        36        599 SH              X          2          599

 EMC CORP                             268648102       332      5,499 SH              X          3        5,499

 EMC CORP                             268648102         3         43 SH              X   X      3           43

 EASTMAN KODAK CO                     277461109       408      5,899 SH              X          1        5,799                   100

 EASTMAN KODAK CO                     277461109       384      5,560 SH              X   X      1        5,560

 EMERSON ELECTRIC CO                  291011104       723     12,115 SH              X          1       11,515                   600

                                               ----------
          PAGE TOTAL                               11,500

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE    8
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 EMERSON ELECTRIC CO                  291011104       416      6,968 SH              X   X      1        6,968

 EMERSON ELECTRIC CO                  291011104        24        400 SH              X          2          400

 EMERSON ELECTRIC CO                  291011104        17        280 SH              X          3          280

 ENRON CORP                           293561106     3,688     43,298 SH              X          1       42,818                   480

 ENRON CORP                           293561106       927     10,880 SH              X   X      1       10,780                   100

 ENRON CORP                           293561106        56        656 SH              X          2          656

 ENRON CORP                           293561106       487      5,715 SH              X          3        5,715

 ENRON CORP                           293561106         5         55 SH              X   X      3           55

 EXXON CORP                           302290101    11,637    146,608 SH              X          1      141,335                 5,273

 EXXON CORP                           302290101     2,621     33,021 SH              X   X      1       33,021

 EXXON CORP                           302290101       169      2,128 SH              X          2        2,128

 EXXON CORP                           302290101       406      5,112 SH              X          3        5,112

 EXXON CORP                           302290101        24        300 SH              X   X      3          300

 FANNIE MAE                           313586109     2,640     38,295 SH              X          1       37,735                   560

 FANNIE MAE                           313586109       411      5,965 SH              X   X      1        5,865                   100

 FANNIE MAE                           313586109        68        980 SH              X          2          980

 FANNIE MAE                           313586109       326      4,732 SH              X          3        4,732

 FANNIE MAE                           313586109         4         54 SH              X   X      3           54

 FIRST UNION CORP                     337358105       234      5,084 SH              X          1        5,084

 FLEET FINANCIAL GROUP INC            338915101       584     14,428 SH              X          1       13,974                   454

 FORD MOTOR CO                        345370100       112      2,300 SH              X          1        2,200                   100

                                               ----------
          PAGE TOTAL                               24,856

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE    9
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 FORD MOTOR CO                        345370100       112      2,310 SH              X   X      1        2,310

 FORTUNE BRANDS INC                   349631101       221      5,602 SH              X          1        5,602

 FORTUNE BRANDS INC                   349631101        47      1,196 SH              X   X      1        1,196

 GTE CORP                             362320103     4,551     61,708 SH              X          1       60,368                 1,340

 GTE CORP                             362320103     1,134     15,374 SH              X   X      1       15,304                    70

 GTE CORP                             362320103        33        448 SH              X          2          448

 GTE CORP                             362320103       302      4,091 SH              X          3        4,091

 GTE CORP                             362320103        14        187 SH              X   X      3          187

 GANNETT INC                          364730101     2,999     41,515 SH              X          1        6,015                35,500

 GANNETT INC                          364730101       289      4,000 SH              X   X      1        4,000

 GENERAL ELECTRIC                     369604103    21,967    201,534 SH              X          1      199,129                 2,405

 GENERAL ELECTRIC                     369604103     3,925     36,013 SH              X   X      1       35,238                   775

 GENERAL ELECTRIC                     369604103       268      2,457 SH              X          2        2,457

 GENERAL ELECTRIC                     369604103       778      7,141 SH              X          3        7,141

 GENERAL ELECTRIC                     369604103        48        442 SH              X   X      3          442

 GENERAL MILLS INC                    370334104       147      1,780 SH              X          1        1,780

 GENERAL MILLS INC                    370334104       116      1,400 SH              X   X      1        1,400

 GENERAL MOTORS CORP                  370442105       670     10,968 SH              X          1       10,968

 GENERAL MOTORS CORP                  370442105        85      1,386 SH              X   X      1        1,386

 GENERAL MOTORS CORP                  370442105         4         72 SH              X          3           72

 GEORGIA-PACIFIC GROUP                373298108       303      6,748 SH              X          1        6,748

 GEORGIA-PACIFIC GROUP                373298108        21        472 SH              X   X      1          472

 GILLETTE CO                          375766102       565     12,942 SH              X          1        8,542                 4,400

 GILLETTE CO                          375766102       381      8,744 SH              X   X      1        8,744

 GILLETTE CO                          375766102        25        570 SH              X          3          570

                                               ----------
          PAGE TOTAL                               39,005

<CAPTION>
CHITTENDEN CORPORATION                   SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   10
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 HALLIBURTON CO                       406216101     1,669     36,180 SH              X          1       35,100                 1,080

 HALLIBURTON CO                       406216101       306      6,635 SH              X   X      1        6,525                   110

 HALLIBURTON CO                       406216101        36        784 SH              X          2          784

 HALLIBURTON CO                       406216101       240      5,196 SH              X          3        5,196

 HALLIBURTON CO                       406216101         3         65 SH              X   X      3           65

 HARLEY-DAVIDSON INC                  412822108     1,886     34,052 SH              X          1       33,662                   390

 HARLEY-DAVIDSON INC                  412822108       439      7,930 SH              X   X      1        7,845                    85

 HARLEY-DAVIDSON INC                  412822108        34        619 SH              X          2          619

 HARLEY-DAVIDSON INC                  412822108       181      3,270 SH              X          3        3,270

 HARLEY-DAVIDSON INC                  412822108         8        145 SH              X   X      3          145

 HEALTH MGMT ASSOC INC NEW CL A       421933102       814     98,665 SH              X          1       97,085                 1,580

 HEALTH MGMT ASSOC INC NEW CL A       421933102       108     13,088 SH              X   X      1       12,503                   585

 HEALTH MGMT ASSOC INC NEW CL A       421933102        15      1,801 SH              X          2        1,801

 HEALTH MGMT ASSOC INC NEW CL A       421933102       167     20,238 SH              X          3       20,238

 HEALTH MGMT ASSOC INC NEW CL A       421933102         2        218 SH              X   X      3          218

 HEINZ H.J. CO                        423074103       404      8,582 SH              X          1        8,582

 HEINZ H.J. CO                        423074103        61      1,300 SH              X   X      1        1,300

 HERSHEY FOODS CORP                   427866108       348      6,000 SH              X          1        6,000

 HERSHEY FOODS CORP                   427866108       580     10,000 SH              X   X      1       10,000

 HERSHEY FOODS CORP                   427866108        70      1,200 SH              X          3        1,200

 HEWLETT PACKARD CO                   428236103     3,820     36,491 SH              X          1       35,321                 1,170

 HEWLETT PACKARD CO                   428236103     1,109     10,597 SH              X   X      1       10,537                    60

 HEWLETT PACKARD CO                   428236103        57        543 SH              X          2          543

 HEWLETT PACKARD CO                   428236103       384      3,670 SH              X          3        3,670

 HEWLETT PACKARD CO                   428236103        14        138 SH              X   X      3          138

                                               ----------
          PAGE TOTAL                               12,755

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   11
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 HOME DEPOT INC                       437076102     2,766     43,343 SH              X          1       41,609                 1,734

 HOME DEPOT INC                       437076102       519      8,131 SH              X   X      1        8,026                   105

 HOME DEPOT INC                       437076102        69      1,082 SH              X          2        1,082

 HOME DEPOT INC                       437076102       554      8,676 SH              X          3        8,676

 HOME DEPOT INC                       437076102        45        707 SH              X   X      3          707

 ILLINOIS TOOL WORKS                  452308109       222      2,984 SH              X          1        2,584                   400

 ILLINOIS TOOL WORKS                  452308109        67        900 SH              X   X      1          900

 INTEL CORP                           458140100     6,505     94,278 SH              X          1       90,018                 4,260

 INTEL CORP                           458140100     1,454     21,070 SH              X   X      1       20,115                   955

 INTEL CORP                           458140100        83      1,203 SH              X          2        1,203

 INTEL CORP                           458140100       684      9,913 SH              X          3        9,913

 INTEL CORP                           458140100         6         84 SH              X   X      3           84

 INTERNATIONAL BUSINESS MACHINES      459200101     7,999     63,641 SH              X          1       63,241                   400

 INTERNATIONAL BUSINESS MACHINES      459200101     2,334     18,572 SH              X   X      1       18,572

 INTERNATIONAL BUSINESS MACHINES      459200101         5         40 SH              X          3           40

 JOHNSON & JOHNSON INC                478160104     7,857     86,278 SH              X          1       85,733                   545

 JOHNSON & JOHNSON INC                478160104     2,883     31,656 SH              X   X      1       31,386                   270

 JOHNSON & JOHNSON INC                478160104       219      2,401 SH              X          2        2,401

 JOHNSON & JOHNSON INC                478160104       457      5,018 SH              X          3        5,018

 JOHNSON & JOHNSON INC                478160104        19        209 SH              X   X      3          209

 KEYCORP NEW                          493267108       186      5,900 SH              X          1        5,900

 KEYCORP NEW                          493267108        57      1,806 SH              X          3        1,806

 KIMBERLY CLARK CORP                  494368103       213      3,492 SH              X          1        3,322                   170

                                               ----------
          PAGE TOTAL                               35,203

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   12
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 KIMBERLY CLARK CORP                  494368103        61      1,000 SH              X   X      1        1,000

 KNIGHT RIDDER INC                    499040103       221      4,100 SH              X          1        4,100

 LILLY ELI & CO                       532457108     1,063     16,183 SH              X          1       15,928                   255

 LILLY ELI & CO                       532457108       137      2,090 SH              X   X      1        2,025                    65

 LILLY ELI & CO                       532457108        21        325 SH              X          2          325

 LILLY ELI & CO                       532457108       194      2,951 SH              X          3        2,951

 LILLY ELI & CO                       532457108         2         34 SH              X   X      3           34

 LOVEJOY TOOL CO INC                  547167106       310      3,097 SH              X   X      1        3,097

 LUCENT TECHNOLOGIES INC              549463107     4,997     76,075 SH              X          1       71,143                 4,932

 LUCENT TECHNOLOGIES INC              549463107       939     14,297 SH              X   X      1       14,192                   105

 LUCENT TECHNOLOGIES INC              549463107       248      3,769 SH              X          2        3,769

 LUCENT TECHNOLOGIES INC              549463107       520      7,914 SH              X          3        7,914

 LUCENT TECHNOLOGIES INC              549463107        44        673 SH              X   X      3          673

 MBIA INC                             55262C100     1,993     34,731 SH              X          1       33,661                 1,070

 MBIA INC                             55262C100       516      8,985 SH              X   X      1        8,910                    75

 MBIA INC                             55262C100        35        607 SH              X          2          607

 MBIA INC                             55262C100       170      2,964 SH              X          3        2,964

 MBIA INC                             55262C100         3         45 SH              X   X      3           45

 MCI WORLDCOM INC                     55268B106     3,499     42,415 SH              X          1       41,535                   880

 MCI WORLDCOM INC                     55268B106       905     10,968 SH              X   X      1       10,873                    95

 MCI WORLDCOM INC                     55268B106        62        754 SH              X          2          754

 MCI WORLDCOM INC                     55268B106       568      6,884 SH              X          3        6,884

 MCI WORLDCOM INC                     55268B106         4         49 SH              X   X      3           49

 MARRIOTT INTERNATIONAL CL A          571903202       260      7,410 SH              X          1        7,410

 MARRIOTT INTERNATIONAL CL A          571903202        11        300 SH              X   X      1          300

                                               ----------
          PAGE TOTAL                               16,783

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   13
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 MATTEL INC                           577081102       931     39,425 SH              X          1       38,995                   430

 MATTEL INC                           577081102        90      3,790 SH              X   X      1        3,640                   150

 MATTEL INC                           577081102        30      1,267 SH              X          2        1,267

 MATTEL INC                           577081102       139      5,899 SH              X          3        5,899

 MATTEL INC                           577081102         1         60 SH              X   X      3           60

 MCDONALDS CORP                       580135101       854     20,490 SH              X          1       20,490

 MCDONALDS CORP                       580135101        18        434 SH              X          2          434

 MCDONALDS CORP                       580135101       100      2,400 SH              X          3        2,400

 MEDIAONE GROUP INC                   58440J104       236      3,263 SH              X          1        3,263

 MEDIAONE GROUP INC                   58440J104        53        728 SH              X   X      1          728

 MEDTRONIC INC                        585055106     2,467     34,227 SH              X          1       32,657                 1,570

 MEDTRONIC INC                        585055106       507      7,036 SH              X   X      1        6,926                   110

 MEDTRONIC INC                        585055106        52        716 SH              X          2          716

 MEDTRONIC INC                        585055106       406      5,630 SH              X          3        5,630

 MEDTRONIC INC                        585055106        11        159 SH              X   X      3          159

 MERCHANTS BANCSHARES INC             588448100       172      7,246 SH              X          1        7,246

 MERCHANTS BANCSHARES INC             588448100       364     15,310 SH              X   X      1       15,310

 MERCK & CO INC                       589331107     3,176     46,962 SH              X          1       42,562                 4,400

 MERCK & CO INC                       589331107     1,817     26,867 SH              X   X      1       25,467                 1,400

 MERCK & CO INC                       589331107        42        616 SH              X          2          616

 MERCK & CO INC                       589331107         6         82 SH              X          3           82

 MERCK & CO INC                       589331107        34        500 SH              X   X      3          500

 MERRILL LYNCH & CO., INC.            590188108     1,678     24,674 SH              X          1       24,324                   350

 MERRILL LYNCH & CO., INC.            590188108       220      3,235 SH              X   X      1        3,150                    85

 MERRILL LYNCH & CO., INC.            590188108        52        763 SH              X          2          763

                                               ----------
          PAGE TOTAL                               13,456

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   14
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 MERRILL LYNCH & CO., INC.            590188108       254      3,739 SH              X          3        3,739

 MERRILL LYNCH & CO., INC.            590188108         3         47 SH              X   X      3           47

 MICROSOFT CORP                       594918104     5,937     69,184 SH              X          1       63,799                 5,385

 MICROSOFT CORP                       594918104     1,495     17,418 SH              X   X      1       16,508                   910

 MICROSOFT CORP                       594918104        70        813 SH              X          2          813

 MICROSOFT CORP                       594918104       988     11,514 SH              X          3       11,514

 MICROSOFT CORP                       594918104        23        263 SH              X   X      3          263

 MINNESOTA MINING & MFG CO            604059105       778      8,846 SH              X          1        8,846

 MINNESOTA MINING & MFG CO            604059105       360      4,090 SH              X   X      1        4,090

 MINNESOTA MINING & MFG CO            604059105         4         45 SH              X          2           45

 MOBIL CORP                           607059102     3,547     34,689 SH              X          1       34,339                   350

 MOBIL CORP                           607059102       554      5,417 SH              X   X      1        5,367                    50

 MOBIL CORP                           607059102        51        500 SH              X          2          500

 MOBIL CORP                           607059102       289      2,825 SH              X          3        2,825

 MOBIL CORP                           607059102        14        134 SH              X   X      3          134

 MORGAN, J P & CO                     616880100       444      3,470 SH              X          1        3,470

 MORGAN, J P & CO                     616880100       563      4,404 SH              X   X      1        4,404

 MORGAN, J P & CO                     616880100         5         42 SH              X          2           42

 MORGAN, J P & CO                     616880100        51        400 SH              X          3          400

 NEW ENGLAND ELECTRIC SYSTEMS         644001109       377      7,268 SH              X          1        7,268

 NEW ENGLAND ELECTRIC SYSTEMS         644001109        18        338 SH              X          3          338

 NEWELL RUBBERMAID INC                651229106     2,683     62,034 SH              X          1       61,439                   595
 COM
 NEWELL RUBBERMAID INC                651229106       480     11,100 SH              X   X      1       10,920                   180
 COM
 NEWELL RUBBERMAID INC                651229106        68      1,561 SH              X          2        1,561
 COM
 NEWELL RUBBERMAID INC                651229106       328      7,575 SH              X          3        7,575
 COM
                                               ----------
          PAGE TOTAL                               19,384

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   15
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 NEWELL RUBBERMAID INC                651229106         4         94 SH              X   X      3           94
 COM
 NOKIA CORP SPONSORED ADR             654902204        51        600 SH              X          1          600

 NOKIA CORP SPONSORED ADR             654902204       170      2,000 SH              X          2        2,000

 NORFOLK SOUTHERN CORP                655844108       454     15,537 SH              X          1       11,673                 3,864

 NORFOLK SOUTHERN CORP                655844108       162      5,539 SH              X   X      1        5,539

 ORACLE CORPORATION                   68389X105     1,875     49,256 SH              X          1       47,836                 1,420

 ORACLE CORPORATION                   68389X105       475     12,479 SH              X   X      1       12,334                   145

 ORACLE CORPORATION                   68389X105        33        857 SH              X          2          857

 ORACLE CORPORATION                   68389X105       308      8,082 SH              X          3        8,082

 ORACLE CORPORATION                   68389X105         9        248 SH              X   X      3          248

 PNC BANK CORP                        693475105       282      5,334 SH              X          1        5,334

 PNC BANK CORP                        693475105        11        200 SH              X          3          200

 PENNEY J C INC                       708160106       142      3,252 SH              X          1        3,252

 PENNEY J C INC                       708160106        79      1,800 SH              X   X      1        1,800

 PEPSICO INC                          713448108     4,725    121,339 SH              X          1      119,089                 2,250

 PEPSICO INC                          713448108     1,834     47,092 SH              X   X      1       44,717                 2,375

 PEPSICO INC                          713448108        86      2,204 SH              X          2        2,204

 PEPSICO INC                          713448108       377      9,670 SH              X          3        9,670

 PEPSICO INC                          713448108        16        413 SH              X   X      3          413

 PFIZER INC                           717081103     3,574    105,517 SH              X          1      103,762                 1,755

 PFIZER INC                           717081103     1,687     49,807 SH              X   X      1       49,637                   170

 PFIZER INC                           717081103        84      2,488 SH              X          2        2,488

 PFIZER INC                           717081103       447     13,206 SH              X          3       13,206

 PFIZER INC                           717081103         3         97 SH              X   X      3           97

 PHILIP MORRIS COMPANIES INC          718154107       720     19,342 SH              X          1       19,242                   100

                                               ----------
          PAGE TOTAL                               17,608

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   16
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 PHILIP MORRIS COMPANIES INC          718154107       350      9,388 SH              X   X      1        9,388

 PHILIP MORRIS COMPANIES INC          718154107       346      9,300 SH              X          3        9,300

 PRAXAIR INC                          74005P104     1,726     37,430 SH              X          1       36,755                   675

 PRAXAIR INC                          74005P104       341      7,400 SH              X   X      1        7,300                   100

 PRAXAIR INC                          74005P104        45        966 SH              X          2          966

 PRAXAIR INC                          74005P104       211      4,564 SH              X          3        4,564

 PRAXAIR INC                          74005P104         6        130 SH              X   X      3          130

 PROCTOR & GAMBLE CO                  742718109     4,680     51,681 SH              X          1       50,776                   905

 PROCTOR & GAMBLE CO                  742718109       833      9,197 SH              X   X      1        9,072                   125

 PROCTOR & GAMBLE CO                  742718109       102      1,123 SH              X          2        1,123

 PROCTOR & GAMBLE CO                  742718109       360      3,975 SH              X          3        3,975

 PROCTOR & GAMBLE CO                  742718109        47        519 SH              X   X      3          519

 QUAKER OATS CO                       747402105       204      3,000 SH              X          1        3,000

 RAYTHEON CO CL B                     755111408       126      1,799 SH              X          1        1,799

 RAYTHEON CO CL B                     755111408        53        750 SH              X   X      1          750

 RAYTHEON CO CL B                     755111408        70      1,000 SH              X          3        1,000

 ROYAL DUTCH PETROLEUM NY REG SH      780257804       440      7,212 SH              X          1        7,212
 PAR N GLDR 1.25
 ROYAL DUTCH PETROLEUM NY REG SH      780257804       103      1,689 SH              X   X      1        1,689
 PAR N GLDR 1.25
 ROYAL DUTCH PETROLEUM NY REG SH      780257804        31        500 SH              X          2          500
 PAR N GLDR 1.25
 ROYAL DUTCH PETROLEUM NY REG SH      780257804        73      1,200 SH              X          3        1,200
 PAR N GLDR 1.25
 SBC COMMUNICATIONS INC               78387G103     1,533     26,838 SH              X          1       25,238                 1,600

 SBC COMMUNICATIONS INC               78387G103       609     10,662 SH              X   X      1       10,662

 SBC COMMUNICATIONS INC               78387G103        21        372 SH              X          2          372

 SBC COMMUNICATIONS INC               78387G103        17        300 SH              X          3          300

 SCHERING-PLOUGH CORP                 806605101     3,462     70,663 SH              X          1       70,043                   620

                                               ----------
          PAGE TOTAL                               15,789

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   17
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 SCHERING-PLOUGH CORP                 806605101       608     12,410 SH              X   X      1       12,285                   125

 SCHERING-PLOUGH CORP                 806605101        36        737 SH              X          2          737

 SCHERING-PLOUGH CORP                 806605101       293      5,985 SH              X          3        5,985

 SCHERING-PLOUGH CORP                 806605101         3         69 SH              X   X      3           69

 SCHLUMBERGER LTD                     806857108     1,711     28,251 SH              X          1       27,921                   330

 SCHLUMBERGER LTD                     806857108       327      5,400 SH              X   X      1        5,320                    80

 SCHLUMBERGER LTD                     806857108        32        523 SH              X          2          523

 SCHLUMBERGER LTD                     806857108       274      4,517 SH              X          3        4,517

 SCHLUMBERGER LTD                     806857108        23        379 SH              X   X      3          379

 SEARS ROEBUCK & CO                   812387108       217      5,350 SH              X          1        5,350

 SEARS ROEBUCK & CO                   812387108        10        255 SH              X   X      1          255

 SMITHKLINE BEECHAM P.L.C. ADR        832378301       481      8,000 SH              X          1        8,000
 REPSTG ORD A
 SMITHKLINE BEECHAM P.L.C. ADR        832378301       156      2,600 SH              X   X      1        2,600
 REPSTG ORD A
 SOLECTRON CORP                       834182107     3,058     47,454 SH              X          1       44,444                 3,010

 SOLECTRON CORP                       834182107       759     11,785 SH              X   X      1       11,690                    95

 SOLECTRON CORP                       834182107        41        632 SH              X          2          632

 SOLECTRON CORP                       834182107       285      4,421 SH              X          3        4,421

 SOLECTRON CORP                       834182107         3         53 SH              X   X      3           53

 SPRINT CORP                          852061100        52      1,010 SH              X          1        1,010

 SPRINT CORP                          852061100       201      3,892 SH              X   X      1        3,892

 SPRINT CORP                          852061100        47        900 SH              X          2          900

 STAPLES INC                          855030102     1,778     61,567 SH              X          1       60,924                   643

 STAPLES INC                          855030102       268      9,290 SH              X   X      1        9,070                   220

 STAPLES INC                          855030102        49      1,709 SH              X          2        1,709

 STAPLES INC                          855030102       239      8,278 SH              X          3        8,278

                                               ----------
          PAGE TOTAL                               10,951

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   18
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 STAPLES INC                          855030102         3        121 SH              X   X      3          121

 STATE STREET CORP                    857477103     2,833     39,977 SH              X          1       39,237                   740

 STATE STREET CORP                    857477103       516      7,283 SH              X   X      1        6,570                   713

 STATE STREET CORP                    857477103        69        978 SH              X          2          978

 STATE STREET CORP                    857477103       309      4,353 SH              X          3        4,353

 STATE STREET CORP                    857477103         4         55 SH              X   X      3           55

 SUN MICROSYSTEMS INC                 866810104     1,238     18,241 SH              X          1       17,926                   315

 SUN MICROSYSTEMS INC                 866810104       139      2,045 SH              X   X      1        1,965                    80

 SUN MICROSYSTEMS INC                 866810104        51        755 SH              X          2          755

 SUN MICROSYSTEMS INC                 866810104       203      2,993 SH              X          3        2,993

 SUN MICROSYSTEMS INC                 866810104         3         40 SH              X   X      3           40

 SYSCO CORP                           871829107     3,092     94,584 SH              X          1       92,989                 1,595

 SYSCO CORP                           871829107       554     16,940 SH              X   X      1       16,375                   565

 SYSCO CORP                           871829107        39      1,202 SH              X          2        1,202

 SYSCO CORP                           871829107       229      7,012 SH              X          3        7,012

 SYSCO CORP                           871829107         3         87 SH              X   X      3           87

 TEXACO INC                           881694103       205      3,282 SH              X          1        3,182                   100

 TEXACO INC                           881694103        75      1,204 SH              X   X      1        1,104                   100

 TEXACO INC                           881694103        12        200 SH              X          3          200

 TEXACO INC                           881694103         7        120 SH              X   X      3          120

 TEXTRON INC                          883203101       195      2,368 SH              X          1        2,368

 TEXTRON INC                          883203101        61        746 SH              X          3          746

 TIME WARNER INC                      887315109       940     13,050 SH              X          1       13,050

 TIME WARNER INC                      887315109        72      1,000 SH              X   X      1        1,000

 TYCO INTERNATIONAL LTD NEW           902124106     2,645     27,075 SH              X          1       26,420                   655

                                               ----------
          PAGE TOTAL                               13,497

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   19
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 TYCO INTERNATIONAL LTD NEW           902124106       496      5,080 SH              X   X      1        5,030                    50

 TYCO INTERNATIONAL LTD NEW           902124106        71        731 SH              X          2          731

 TYCO INTERNATIONAL LTD NEW           902124106       242      2,476 SH              X          3        2,476

 TYCO INTERNATIONAL LTD NEW           902124106         3         31 SH              X   X      3           31

 UNION BANKSHARES INC                 905400107       312     14,700 SH              X          1       14,700

 UNION CARBIDE CORP                   905581104       234      4,875 SH              X          1        4,875

 UNION CARBIDE CORP                   905581104        41        850 SH              X   X      1          850

 UNION PACIFIC CORP                   907818108       346      6,362 SH              X          1        6,362

 UNION PACIFIC CORP                   907818108       278      5,121 SH              X   X      1        2,721                 2,400

 US WEST INC NEW                      91273H101       326      5,682 SH              X          1        5,682

 US WEST INC NEW                      91273H101       165      2,883 SH              X   X      1        2,883

 UNITED TECHNOLOGIES CORP             913017109     2,497     37,444 SH              X          1       37,134                   310

 UNITED TECHNOLOGIES CORP             913017109       572      8,580 SH              X   X      1        8,485                    95

 UNITED TECHNOLOGIES CORP             913017109        69      1,032 SH              X          2        1,032

 UNITED TECHNOLOGIES CORP             913017109       300      4,501 SH              X          3        4,501

 UNITED TECHNOLOGIES CORP             913017109         3         50 SH              X   X      3           50

                                               ----------
          PAGE TOTAL                                5,955

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   20
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 VODAFONE AIRTOUCH PLC                92857T107       447      2,123 SH              X          1        1,923                   200
 ADR SPONSORED
 VODAFONE AIRTOUCH PLC                92857T107       151        716 SH              X   X      1          716
 ADR SPONSORED
 VODAFONE AIRTOUCH PLC                92857T107        14         67 SH              X          2           67
 ADR SPONSORED
 WAL-MART STORES                      931142103       209      4,952 SH              X          1        4,952

 WAL-MART STORES                      931142103       120      2,838 SH              X   X      1        2,838

 WAL-MART STORES                      931142103       110      2,600 SH              X          3        2,600

 WARNER LAMBERT CO                    934488107       422      6,401 SH              X          1        6,401

 WARNER LAMBERT CO                    934488107       828     12,549 SH              X   X      1       10,821                 1,728

 WARNER LAMBERT CO                    934488107        20        300 SH              X          3          300

 WELLS FARGO & CO NEW                 949746101     1,085     27,810 SH              X          1       26,635                 1,175

 WELLS FARGO & CO NEW                 949746101       284      7,285 SH              X   X      1        7,170                   115

 WELLS FARGO & CO NEW                 949746101        28        724 SH              X          2          724

 WELLS FARGO & CO NEW                 949746101       404     10,359 SH              X          3       10,359

                                               ----------
          PAGE TOTAL                                4,122

<CAPTION>
CHITTENDEN CORPORATION                      SECURITIES AND EXCHANGE COMMISSION FORM 13-F                   PAGE   21
                                                                    AS OF 06/30/99
 - - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 -  COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - -  - -
                                                                                 INVESTMENT
                                                   MARKET                        DISCRETION                    VOTING AUTHORITY
                                                   VALUE    SHS OR   SH/ PUT/  SOLE SHR OTHER             SOLE      SHARED     NONE
      ISSUER AND TITLE OF CLASS          CUSIP   (X$1000)   PRN AMT  PRN CALL   (A) (B) (C)  MANAGERS      (A)        (B)       (C)

 <C>                                  <C>        <C>        <C>                <C>           <C>      <C>
 WELLS FARGO & CO NEW                 949746101         2         52 SH              X   X      3           52

 WILLIAMS CO INC                      969457100       290      6,900 SH              X          1        6,900

 WILLIAMS CO INC                      969457100       168      4,000 SH              X   X      1                              4,000

 WILLIAMS CO INC                      969457100        34        800 SH              X          3          800

 XEROX CORP                           984121103     1,149     23,510 SH              X          1       23,390                   120

 XEROX CORP                           984121103       346      7,085 SH              X   X      1        7,000                    85

 XEROX CORP                           984121103        29        591 SH              X          2          591

 XEROX CORP                           984121103       164      3,359 SH              X          3        3,359

 XEROX CORP                           984121103         2         38 SH              X   X      3           38

                                               ----------
          PAGE TOTAL                                2,184
         FINAL TOTALS                             338,562

</TABLE>


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