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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 3)(1)
Owosso Corporation
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
691217 10 3
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(CUSIP Number)
September 4, 1998
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(Date of Event Which Requires Filing of this Statement
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP NO. 691217 10 3 13G/A Page 1 of 3 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NUMBER OF ABOVE PERSON (ENTITIES ONLY)
John F. Northway, Sr.
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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
U.S.A.
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5 SOLE VOTING POWER
675,949
NUMBER OF
SHARES ----------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING
PERSON ----------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
675,949
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
675,949
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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
11.6%
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12 TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 691217 10 3 13G/A Page 2 of 3 Pages
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Item 1(a) Name of Issuer:
Owosso Corporation (the "Issuer")
Item 1(b) Address of Issuer's Principal Executive Offices:
The Triad Building
2200 Renaissance Boulevard, Suite 150
King of Prussia, PA 19406
Item 2(a) Name of Person Filing:
John F. Northway, Sr.
Item 2(b) Address of Principal Business Office or, if None, Residence
1340 Gulf Boulevard #20A
Clearwater, FL 34630
Item 2(c) Citizenship:
United States of America
Item 2(d) Title of Class of Securities:
Common Stock, par value $.01 per share ("Common Stock")
Item 2(e) CUSIP Number:
691217 10 3
Item 3 If This statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b)
or (c), Check Whether the Person Filing is a:
Not applicable
If this statement is filed pursuant to Rule 13d-1(c), check
this box. [ ]
Item 4 Ownership
(a) Amount Beneficially Owned: 675,949
(b) Percent of Class: 11.6%
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CUSIP NO. 691217 10 3 13G/A Page 3 of 3 Pages
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(c) Number of shares of Common Stock as to which such person has:
(i) sole power to vote or direct the vote 675,949
(ii) shared power to vote or direct the vote -0-
(iii) sole power to dispose or to direct the 675,949
disposition of
(iv) shared power to dispose or to direct the -0-
disposition of
Item 5 Ownership of Five Percent or Less of a Class.
Not applicable
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 9, 1999
/s/ John F. Northway, Sr.
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John F. Northway, Sr.
