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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
PDS FINANCIAL CORPORATION
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(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
69329T 10 5
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(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).
(Continued on following page(s))
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CUSIP No. 69329T 10 5 13G Page 2 of 5 Pages
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(1) NAMES OF REPORTING PERSONS. S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS
Lona M.B. Finley
###-##-####
(2) CHECK THE APPROPRIATE BOX IF A MEMBER (a) / /
OF A GROUP* (b) / /
Not applicable
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
NUMBER OF SHARES (5) 366,512 SOLE VOTING POWER
BENEFICIALLY (Includes 5,000 shares held as Custodian for
minor child. Excludes 10,000 shares held as
co-trustee of a trust for minor child)
OWNED BY
EACH REPORTING (6) 376,512 SHARED VOTING POWER
PERSON WITH (Includes 10,000 Shares held as co-trustee of
a trust for minor child)
(7) 366,512 SOLE DISPOSITIVE POWER
(8) 376,512 SHARED DISPOSITIVE POWER
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
376,512* (Includes 10,000 shares held as co-trustee of a trust for a minor
child, also claimed by husband as co-trustee and 5,000 shares held as custodian
for minor child.
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /x/
*Excludes 1,079,171 shares held by spouse with sole voting power for which
beneficial interest is disclaimed.
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.6%
(12) TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
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Page 3 of 5 Pages
ITEM 1(a). NAME OF ISSUER
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PDS Financial Corporation
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
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6442 City West Parkway, Suite 300
Eden Prairie, MN 55344
ITEM 2(a). NAME OF PERSON(S) FILING
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Lona M.B. Finley
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
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6442 City West Parkway, Suite 300
Eden Prairie, MN 55344
ITEM 2(c). CITIZENSHIP
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United States of America (Minnesota)
ITEM 2(d). TITLE OF CLASS OF SECURITIES
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Common Stock, $.01 par value per share
ITEM 2(e). CUSIP NUMBER
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69329T 10 5
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b),
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CHECK WHETHER THE PERSON FILING IS A
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(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) / / 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
(g) / / Parent Holding Company, in accordance with
Section 240.13d-1(b)(ii)(G)
(h) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
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Page 4 of 5 Pages
ITEM 4. OWNERSHIP
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(a) Amount Beneficially Owned:
376,512 shares. (Excludes 1,079,171 held by
spouse for which beneficial interest is disclaimed)
(b) Percent of Class: 11.6%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
366,512
(ii) shared power to vote or to direct the vote
376,512
(iii) sole power to dispose or to direct the disposition of
366,512
(iv) shared power to dispose or to direct the disposition of
376,512
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
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Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
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Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
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THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
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Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
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Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
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Not applicable
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Page 5 of 5 Pages
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief,
the undersigned certificates that the information set forth in this statement is
true, complete and correct.
Date: January 31, 1997
/s/ Lona M.B. Finley
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Lona M.B. Finley
