UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Grove Property Trust
(Name of Issuer)
Common Stock
(Title of Class of Securities)
399613108
(CUSIP Number)
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Check the following box if a fee is being paid with this statement: |_|
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1 NAME OF REPORTING PERSON:
ABKB/LaSalle Securities Limited Partnership
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
36-3991973
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) | |
(b) | |
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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5 SOLE VOTING POWER
46,000
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NUMBER 6 SHARED VOTING POWER
OF SHARES 790,929
BENEFICIALLY
OWNED BY
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 46,000
PERSON WITH
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8 SHARED DISPOSITIVE POWER
790,929
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
836,929
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.9%
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12 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1.
(a) Name of Issuer
Grove Property Trust
(b) Address of Issuer's Principal Executive Offices
598 Asylum Avenue
Hartford, Connecticut 06105
Item 2.
(a) Name of Person Filing
ABKB/LaSalle Securities Limited Partnership
(b) Address of Principal Business Office or, if none, Residence
200 East Randolph Drive
Chicago, Illinois 60601
(c) Citizenship
Maryland
(d) Title of Class of Securities
Common Stock, $.01 par value per share
(e) CUSIP Number
399613108
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) | | Broker or Dealer registered under Section 15 of the Act
(b) | | Bank as defined in Section 3(a)(6) of the Act
(c) | | Insurance Company as defined in Section 3(a)(19)of the
Act
(d) | | Investment Company registered under Section 8 of the
Investment Company Act
(e) |X| Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) | | Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund;
see ss.240.13d-1(b)(1)(ii)(F)
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(g) | | Parent Holding Company, in accordance with
ss.240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) | | Group, in accordance with ss.240.13d-1(b)(1)(ii)(H)
Item 4. Ownership
If the percent of the class owned, as of December 31 of the year
covered by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.
(a) Amount Beneficially Owned
836,929
(b) Percent of Class
9.9%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
46,000
(ii) shared power to vote or to direct the vote
790,929
(iii) sole power to dispose or to direct the disposition of
46,000
(iv) shared power to dispose or to direct the disposition of
790,929
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Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following | |.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
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
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.
Dated: February 6, 1998
ABKB/LASALLE SECURITIES
LIMITED PARTNERSHIP
By:/s/ William K. Morrill, Jr.
Name: William K. Morrill, Jr.
Title: Managing Director