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 9
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<PAGE>
1 Name of Reporting Person Court Hilton
S.S. or I.R.S. Identification Nos. of Above Person Westcott 1987
Trust
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 Texas
Number of 5 Sole voting power 1,149,000
Shares
Beneficially 6 Shared voting power 0
Owned
by Each 7 Sole dispositive power 1,149,000
Reporting
Person 8 Shared dispositive power 0
with
9 Aggregate Amount Beneficially Owned by Each Reporting Person 1,149,000
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11 Percent of Class Represented by Amount in Row (9) 4.8
12 Type of Reporting Person (See Instructions) OO
Page 2 of 9
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1 Name of Reporting Person Chart Hampton
S.S. or I.R.S. Identification Nos. of Above Person Westcott 1987
Trust
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 Texas
Number of 5 Sole voting power 1,149,000
Shares
Beneficially 6 Shared voting power 0
Owned
by Each 7 Sole dispositive power 1,149,000
Reporting
Person 8 Shared dispositive power 0
with
9 Aggregate Amount Beneficially Owned by Each Reporting Person 1,149,000
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
Percent of Class Represented by Amount in Row (9) 4.8
12 Type of Reporting Person (See Instructions) OO
Page 3 of 9
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1 Name of Reporting Person John D. Curtis
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 2,352,743
Shares
Beneficially 6 Shared voting power 0
Owned
by Each 7 Sole dispositive power 2,352,743
Reporting
Person 8 Shared dispositive power 0
with
9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,352,743
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11 Percent of Class Represented by Amount in Row (9) 9.8
12 Type of Reporting Person (See Instructions) IN
Page 4 of 9
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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:
Court Hilton Westcott 1987 Trust
Chart Hampton Westcott 1987 Trust
John D. Curtis
(b) Address of Principal Business Office or, if none, Residence:
The business address of each of the reporting persons is:
Two Galleria Tower, Suite 900
13455 Noel Road
Dallas, Texas 75240
(c) Citizenship:
Court Hilton Westcott 1987 Trust - Texas
Chart Hampton Westcott 1987 Trust - Texas
John D. Curtis - United States
(d) Title of Class of Securities:
Common Stock, $.01 par value
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(e) CUSIP Number: 472097-10-4
Item 3. Not Applicable.
Item 4. Ownership
The following information relates to each of the reporting persons'
ownership of Common Stock, $.01 par value ("Common Stock"), of the issuer as
of December 31, 1996.
(a) Amount Beneficially Owned:
Court Hilton Westcott 1987 Trust - 1,149,000 shares of Common Stock
Chart Hampton Westcott 1987 Trust - 1,149,000 shares of Common Stock
John D. Curtis - 2,352,743 shares of Common Stock, which includes
1,149,000 and 1,149,000 shares held by Mr. Curtis as trustee of the Court
Hilton Westcott 1987 Trust and the Chart Hampton Westcott 1987 Trust,
respectively, as to which Mr. Curtis disclaims beneficial ownership for all
purposes except Sections 13(d) and 13(g) of the Securities Exchange Act of
1934, and 7,500 shares of Common Stock Mr. Curtis has the right to acquire
within 60 days under options issued by the issuer.
(b) Percent of Class:
Court Hilton Westcott 1987 Trust - 4.8%
Chart Hampton Westcott 1987 Trust - 4.8%
John D. Curtis - 9.8%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
Court Hilton Westcott 1987 Trust - 1,149,000 shares of Common
Stock
Chart Hampton Westcott 1987 Trust -1,149,000 shares of Common
Stock
John D. Curtis - 2,352,743 shares of Common Stock
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(ii) shared power to vote or to direct the vote:
Court Hilton Westcott 1987 Trust - 0 shares of Common Stock
Chart Hampton Westcott 1987 Trust - 0 shares of Common Stock
John D. Curtis - 0 shares of Common Stock
(iii) sole power to dispose or to direct the disposition of:
Court Hilton Westcott 1987 Trust - 1,149,000 shares of Common
Stock
Chart Hampton Westcott 1987 Trust -1,149,000 shares of Common
Stock
John D. Curtis - 2,352,743 shares of Common Stock
(iv) shared power to dispose or to direct the disposition of:
Court Hilton Westcott 1987 Trust - 0 shares of Common Stock
Chart Hampton Westcott 1987 Trust - 0 shares of Common Stock
John D. Curtis - 0 shares of Common Stock
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 5% of the class of securities, check the
following _
The Court Hilton Westcott 1987 Trust and the Chart Hampton Westcott
1987 Trust have each ceased to be the beneficial owner of more
than five percent of the class of securities.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
John D. Curtis, as the trustee under the Court Hilton Westcott 1987
Trust and the Chart Hampton Westcott 1987 Trust, has the power to
direct the receipt of dividends from, or the proceeds from the
sale of, the shares of Common Stock held by such trusts.
Page 7 of 9
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
COURT HILTON WESTCOTT 1987 TRUST
By: /s/ John D. Curtis
--------------------------
John D. Curtis, Trustee
CHART HAMPTON WESTCOTT 1987 TRUST
By: /s/ John D. Curtis
--------------------------
John D. Curtis, Trustee
/s/ John D. Curtis
---------------------
JOHN D. CURTIS
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Exhibit 1
JOINT FILING AGREEMENT
Agreement among Court Hilton Westcott 1987 Trust, Chart Hampton Westcott
1987 Trust and John D. Curtis whereby, in accordance with Rule 13d-1(f) under
the Securities Exchange Act of 1934, each of the persons named below agrees to
the joint filing on behalf of each of them of a Statement on Schedule 13G with
respect to the equity securities of Jayhawk Acceptance Corporation and further
agrees that this Joint Filing Agreement be included as an exhibit to such
joint filing provided that, as contemplated by Rule 13d-1(f)(2)(ii), no person
shall be responsible for the completeness or accuracy of the information
concerning the other persons making the filing, unless such person knows or
has reason to believe that such information is inaccurate.
In evidence thereof, the undersigned, being duly authorized, hereby
execute this Agreement as of this 13th day of February, 1997.
COURT HILTON WESTCOTT 1987 TRUST
By: /s/ John D. Curtis
--------------------------
John D. Curtis, Trustee
CHART HAMPTON WESTCOTT 1987 TRUST
By: /s/ John D. Curtis
--------------------------
John D. Curtis, Trustee
/s/ John D. Curtis
---------------------
JOHN D. CURTIS
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