<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)
American Homestar Corporation
- --------------------------------------------------------------------------------
(Name of issuer)
Common Stock
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(Title of class of securities)
026651-10-9
------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 Pages
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SCHEDULE 13G
CUSIP NO. 026651-10-9 PAGE 2 OF 9 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Laurence A. Dawson, Jr.
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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
United States of America
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5 SOLE VOTING POWER
NUMBER OF
460,854
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 262,290
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
981,179
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
262,290
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,243,469
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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)
20.6%
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12 TYPE OF REPORTING PERSON*
IN
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SCHEDULE 13G
CUSIP NO. 026651-10-9 PAGE 3 OF 9 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Dawson Adventures, Ltd.
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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
Texas
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5 SOLE VOTING POWER
NUMBER OF
650,000
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
650,000
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
-0-
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
650,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
10.8%
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12 TYPE OF REPORTING PERSON*
PN
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SCHEDULE 13G
CUSIP NO. 026651-10-9 PAGE 4 OF 9 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sandra K. Dawson
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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
United States of America
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5 SOLE VOTING POWER
NUMBER OF
129,675
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 262,290
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
262,290
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
391,965
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
6.5%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
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Item 1(a). Name of Issuer.
--------------
The name of the Issuer is American Homestar Corporation.
Item 1(b). Address of Issuer's Principal Executive Offices.
-----------------------------------------------
The Issuer's principal executive offices are located at 2450
South Shore Boulevard, Suite 300, League City, Texas 77573.
Item 2(a). Name of Person Filing.
---------------------
This statement is being filed on behalf of Laurence A. Dawson,
Jr., Dawson Adventures, Ltd. (the "Partnership") and Sandra K. Dawson.
Item 2(b). Address of Principal Business Office or, if none, Residence.
-----------------------------------------------------------
The address of the principal business office of Laurence A.
Dawson, Jr., the Partnership and Sandra K. Dawson is 17919 Cedar Creek
Canyon, Dallas, Texas 75252.
Item 2(c). Citizenship.
-----------
Laurence A. Dawson, Jr. and Sandra K. Dawson are citizens of
the United States of America. The Partnership is a Texas limited
partnership.
Item 2(d). Title of Class of Securities.
----------------------------
This statement relates to shares of Common Stock, par value
$.05 per share ("Common Stock"), of the Issuer.
Item 2(e). CUSIP Number.
------------
The CUSIP No. for the shares of Common Stock is 026651-10-9.
Item 3. Not Applicable.
--------------
Page 5 of 9 Pages
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Item 4. Ownership.
Note: The information stated below and on line 5 of
page 2 and lines 5, 9, and 11 of page 4 corrects the
information stated in the corresponding portions of the
Schedule 13G, Amendment No. 1, filed by the Reporting Persons
on January 29, 1995.
(a)-(b) As of December 31, 1995, Laurence A. Dawson, Jr.
beneficially owned 1,243,469 shares, or 20.6%, of the Common
Stock. Mr. Dawson beneficially owned 650,000 of such shares
as Managing General Partner of the Partnership and
beneficially owned 262,290 of such shares jointly with his
wife, Sandra K. Dawson.
As of December 31, 1995, the Partnership beneficially
owned 650,000 shares, or 10.8%, of the Common Stock.
As of December 31, 1995, Sandra K. Dawson
beneficially owned 391,965 shares, or 6.5%, of the Common
Stock. Mrs. Dawson beneficially owned 129,675 of such shares
by virtue of the fact that, pursuant to the terms of the
Partnership's partnership agreement, Mrs. Dawson currently has
the power to vote such shares. Mrs. Dawson beneficially owned
262,290 of such shares jointly with her husband, Laurence A.
Dawson, Jr.
(c) Subject to certain terms of a shareholders agreement
(the "Shareholders Agreement"), which are discussed below,
Laurence A. Dawson, Jr. has the sole power to vote or to
direct the vote of 460,854 shares of Common Stock and has
shared power to vote or direct the vote of 262,290 shares of
Common Stock. Mr. Dawson has sole power to dispose or to
direct the disposition of 981,179 shares of Common Stock and
has shared power to dispose or to direct the disposition of
262,290 shares of Common Stock. See also Items 5-9 of page 2
hereof.
Subject to certain terms of the Shareholders
Agreement, which are discussed below, the Partnership, through
its partners, has the sole power to vote or to direct the vote
of 650,000 shares of Common Stock. The Partnership, through
its Managing General Partner, has the sole power to dispose or
to direct the disposition of 650,000 shares of Common Stock.
See also Items 5-9 of page 3 hereof.
Subject to certain terms of the Shareholders
Agreement, which are discussed below, Sandra K. Dawson has
the sole power to vote or to direct the vote of 129,675 shares
of Common Stock and has shared power to vote or direct the
vote of 262,290 shares of Common Stock. Mrs. Dawson does not
have sole dispositive power with respect to any shares of
Common Stock and has shared power to dispose or to direct the
disposition of 262,290 shares of Common Stock. See also Items
5-9 of page 4 hereof.
Page 6 of 9 Pages
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Pursuant to the Shareholders Agreement, Mr. Dawson, Mrs.
Dawson and the Partnership have agreed to vote their shares to elect
six directors of the Issuer in accordance with the terms of the
Shareholders Agreement.
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.
Certain other persons may have the right to receive a portion
of the proceeds from the sale of the shares of Common Stock
disclosed herein. None of such persons' interests in such
shares exceeds five percent of the outstanding Common Stock.
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.
Page 7 of 9 Pages
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CUSIP No. 026651 10 9 13G Page 8 of 9 Pages
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Date: May 16, 1996
/s/ Laurence A. Dawson, Jr.
-----------------------------------
Laurence A. Dawson, Jr.
DAWSON ADVENTURES, LTD.
By:/s/ Laurence A. Dawson, Jr.
--------------------------------
Laurence A. Dawson, Jr.,
Managing General Partner
/s/ Sandra K. Dawson
-----------------------------------
Sandra K. Dawson
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CUSIP No. 026651 10 9 13G Page 9 of 9 Pages
Exhibit A
Pursuant to Rule 13d-1(f)(1)(iii) of Regulation 13D-G of the General
Rules and Regulations of the Securities and Exchange Commission under the
Securities Exchange Act of 1934, as amended, the undersigned agree that the
statement to which this Exhibit is attached is filed on behalf of each of them
in the capacities set forth hereinbelow.
Date: May 16, 1996
/s/ Laurence A. Dawson, Jr.
-----------------------------------
Laurence A. Dawson, Jr.
DAWSON ADVENTURES, LTD.
By:/s/ Laurence A. Dawson, Jr.
--------------------------------
Laurence A. Dawson, Jr.,
Managing General Partner
/s/ Sandra K. Dawson
-----------------------------------
Sandra K. Dawson
