THIS DOCUMENT IS A COPY OF THE SCHEDULE 13G FILED ON FEBRUARY 18, 1997 PURSUANT
TO A RULE 201 TEMPORARY HARDSHIP EXEMPTION.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
JAYHAWK ACCEPTANCE CORPORATION
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of Class of Securities)
472097-10-4
(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).
Page 1 of 5
<PAGE>
1 Name of Reporting Person Carl H. Westcott
S.S. or I.R.S. Identification Nos. of Above Person
2 Check the Appropriate Box if a Member of a Group (See
Instructions) (a) [ ]
(b) [ ]
3 SEC Use Only
4 Citizenship or Place of Organization United States
Number of 5 Sole Voting Power 8,272,713
Shares
Beneficially 6 Shared Voting Power 0
Owned
by Each 7 Sole Dispositive Power 8,272,713
Reporting
Person 8 Shared Dispositive Power 0
with
9 Aggregate Amount Beneficially Owned by Each Reporting Person 8,272,713
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11 Percent of Class Represented by Amount in Row (9) 34.6
12 Type of Reporting Person (See Instructions) IN
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Item 1.
(a) Name of Issuer:
Jayhawk Acceptance Corporation
(b) Address of Issuer's Principal Executive Offices:
Two Galleria Tower, Suite 1800
13455 Noel Road
Dallas, Texas 75240
Item 2.
(a) Name of Person Filing:
Carl H. Westcott
(b) Address of Principal Business Office or, if none, Residence:
100 Crescent Court
Suite 1620
Dallas, Texas 75201
(c) Citizenship:
United States
(d) Title of Class of Securities:
Common Stock, $.01 par value
(e) CUSIP Number:
472097-10-4
Item 3. Not Applicable
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Item 4. Ownership
The following information relates to the reporting person's ownership of
Common Stock, $.01 par value, of the issuer as of December 31, 1996. As of
that date, the reporting person did not have the right to acquire beneficial
ownership of any additional shares of such Common Stock within the meaning of
Rule 13d-3(d)(1)(i) under the Securities Exchange Act of 1934.
(a) Amount Beneficially Owned:
8,272,713
(b) Percent of Class:
34.6
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
8,272,713
(ii) shared power to vote or to direct the vote:
0
(iii) sole power to dispose or to direct the disposition of:
8,272,713
(iv) shared power to dispose or to direct the disposition of:
0
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
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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.
Not Applicable.
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.
Date: February 13, 1997
/s/ Carl H. Westcott
-----------------------
CARL H. WESTCOTT
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