FEATHERLITE MFG INC
SC 13D/A, 1997-05-20
TRUCK TRAILERS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*



                             Featherlite Mfg., Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                         Common Stock, without par value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   313054 10 8
  ----------------------------------------------------------------------------
                                 (CUSIP Number)

                                  Michael Guth
                               1550 Dolgner Place
                             Sanford, Florida 32771
- --------------------------------------------------------------------------------
                      (Name, Address and Telephone Number of Person 
                      Authorized to Receive Notices and Communications)

                                December 31, 1996
  ----------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)


If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box      [ ]

Note: Six copies of this statement, including all exhibits, should be filed with
the  Commission.  See Rule  13d-1(a) for other  parties to whom copies are to be
sent.

*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
disclosures provided in a prior cover page.

The information required on 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>

                                  SCHEDULE 13D

- -------------------------------                 -------------------------------
CUSIP No.    313054 10 8                           Page  2  of  5   Pages
          ---------------------                        ------ ------      

- --------------------------------------------------------------------------------
1             NAME OF REPORTING PERSON
              S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

              Michael Guth
              S.S.No. ###-##-####
- --------------------------------------------------------------------------------
2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*      (a)    [ ]
                                                                     (b)    [ ]


- --------------------------------------------------------------------------------
3             SEC USE ONLY


- --------------------------------------------------------------------------------
4             SOURCE OF FUNDS*

              Not Applicable
- --------------------------------------------------------------------------------
5             CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
              TO ITEMS 2(d) or 2(e)                                       [ ]


- --------------------------------------------------------------------------------
6             CITIZENSHIP OR PLACE OF ORGANIZATION

              U.S.A.
- --------------------------------------------------------------------------------
         NUMBER OF            7            SOLE VOTING POWER
          SHARES
       BENEFICIALLY                        300,000
         OWNED BY         ------------------------------------------------------
           EACH               8            SHARED VOTING POWER
         REPORTING
          PERSON            
           WITH           ------------------------------------------------------
                              9            SOLE DISPOSITIVE POWER

                                           300,000
                          ------------------------------------------------------
                              10           SHARED DISPOSITIVE POWER


- --------------------------------------------------------------------------------
11            AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              300,000
- --------------------------------------------------------------------------------
12            CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
              SHARES*                                                    [ ]


- --------------------------------------------------------------------------------
13            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              4.8%
- --------------------------------------------------------------------------------
14            TYPE OF REPORTING PERSON*

              IN
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
      (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>


                                  SCHEDULE 13D

- -------------------------------                     ---------------------------
CUSIP No.    313054 10 8                             Page  3  of   5  Pages
          ---------------------                        -------   ------      

- --------------------------------------------------------------------------------
1             NAME OF REPORTING PERSON
              S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

              Vantare International, Inc.
              I.R.S. No. 91-1357436
- --------------------------------------------------------------------------------
2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a)  [ ]
                                                                  (b)  [ ]


- --------------------------------------------------------------------------------
3             SEC USE ONLY


- --------------------------------------------------------------------------------
4             SOURCE OF FUNDS*

              Not Applicable
- --------------------------------------------------------------------------------
5             CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 
              PURSUANT TO ITEMS 2(d) or 2(e)                              [ ]


- --------------------------------------------------------------------------------
6             CITIZENSHIP OR PLACE OF ORGANIZATION

              Florida
- --------------------------------------------------------------------------------
         NUMBER OF            7            SOLE VOTING POWER
          SHARES
       BENEFICIALLY                        0
         OWNED BY           ----------------------------------------------------
           EACH               8            SHARED VOTING POWER
         REPORTING
          PERSON                           0
           WITH             ----------------------------------------------------

                              9            SOLE DISPOSITIVE POWER
   
                                           0
                            ----------------------------------------------------
                              10           SHARED DISPOSITIVE POWER

                                           0
- --------------------------------------------------------------------------------
11            AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              0
- --------------------------------------------------------------------------------
12            CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN 
              SHARES*                                                    [ ]


- --------------------------------------------------------------------------------
13            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              0
- --------------------------------------------------------------------------------
14            TYPE OF REPORTING PERSON*

              CO
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
      (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>



Item 1.           Security and Issuer.

                  This statement relates to Common Stock,  without par value, of
Featherlite Mfg., Inc. (the "Issuer"), Highways 63 and 9, Cresco, Iowa 52136.

Item 2.           Identity and Background.

                  No change.

Item 3.           Source and Amount of Funds or Other Consideration.

                  Not applicable.

Item 4.           Purpose of Transaction.

                  The transaction was the  cancellation by the Issuer of 100,000
                  shares of its Common Stock which had previously been issued in
                  error in connection with its acquisition of substantially  all
                  of the assets of Vantare  International Inc.  ("Vantare").  In
                  addition,  Vantare  was  liquidated  and  the  shares  of  the
                  Issuer's Common Stock owned by it were transferred to its sole
                  shareholder, Michael Guth.

Item 5.           Interest in Securities of the Issuer.

                  Mr. Guth owns  300,000  shares (the  "Shares") of the Issuer's
                  Common Stock,  representing  4.8% of the Issuer's  outstanding
                  shares,  and  may be  deemed  to have  sole  voting  and  sole
                  dispositive  power over the  shares.  Effective  December  31,
                  1996, the Issuer cancelled  100,000 shares of its Common Stock
                  which had previously  been issued in error in connection  with
                  its acquisition of Vantare.

                  As of  December  31,  1996 the  reporting  persons  ceased  to
                  beneficially  own  more  than 5% of the  Issuer's  outstanding
                  Common Stock.

Item 6.           Contracts, Arrangements, Understandings or Relationships With
                  Respect to Securities of the Issuer.

                  None.

Item 7.           Material to be Filed as Exhibits.

                  None.


                                Page 4 of 5 Pages

<PAGE>


                                    SIGNATURE

                  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.  This  statement is being filed on behalf of each of the
undersigned.


Dated:  May 14, 1997

                                                VANTARE INTERNATIONAL, INC.


                                                By /s/ Michael Guth
                                                   Michael Guth, President



                                                   /s/ Michael Guth
                                                   Michael Guth


                                Page 5 of 5 Pages



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