UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. __)*
PST VANS, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
693934-10-1
(CUSIP Number)
C. Marvin May
PO Box 9039, Salem, Oregon 97305
503-393-7030
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 19, 1996
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement of Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-I(b)(3) or (4), check the following box [].
Check the following box if a fee is being paid with the statement []. (A fee is
not required only if the reporting 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.)
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. 693934-10-1 Page 2 of 5 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MaLeCo
93-0682236
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[]
(b)[]
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3. SEC USE ONLY
4. SOURCE OF FUNDS*
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) []
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Oregon
Number of 7. SOLE VOTING POWER
Shares Beneficially 213,500
Owned by
Each Reporting 8. SHARED VOTING POWER
Person With -0-
9. SOLE DISPOSITIVE POWER
213,500
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,500
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* []
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.1%
14. TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Page 3 of 5 Pages
United States
Securities and Exchange Commission
Washington, DC 20549
Schedule 13D General Instruction Answers
ITEM 1. SECURITY AND ISSUER
Name of Issuer: PST Vans, Inc.
Address: PST Vans, Inc.
1901 West 2100 South
Salt Lake City, UT 84119
Attn: Neil Vos, CFO
Title of Class of Securities: Common Stock
CUSIP Number: 693934-10-1
ITEM 2. IDENTITY AND BACKGROUND
Name: MaLeCo, an Oregon general partnership consisting of C.
Marvin May, David M. Daniels, Laura Daniels, and Craig
May. C. Marvin May is the managing partner and has sole
voting and dispositive power. All partners are U.S.
citizens.
Principal Business: MaLeCo is primarily engaged in investment and equipment
leasing.
Occupation of Partners: C. Marvin May, David M. Daniels, Laura Daniels, and
Craig May are employed by May Trucking Company, PO Box
9039, Salem, OR 97305 as CEO, President, Benefits
Manager, and Safety Manager, respectively.
Business Address: MaLeCo
PO Box 9069
Salem, OR 97305
Attn: C. Marvin May
Criminal Convictions: To the best knowledge and belief of MaLeCo, no general
partner has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors)
during the last five years.
Laws Violations: To the best knowledge and belief of MaLeCo, no general
partner has been a party to a civil proceeding of a
judicial or administrative body of component jurisdiction
and as a result of such proceedings was or is subject to
a judgment, decree or final order in enjoying future
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Page 4 of 5 Pages
violations of, or prohibited or mandating activities
subject to, federal or state security laws or finding any
violation with respect to such laws.
ITEM 3. SOURCES AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The source of funds used in making the purchases is MaLeCo operating capital.
ITEM 4. PURPOSE OF TRANSACTION
The shares reported herein are held for investment. MaLeCo has no plans or
proposals which relate to Items 4(a) through (j). Future investment
considerations by MaLeCo might or might not result in the acquisition of
additional securities of the Issuer or the disposition of the securities of the
Issuer.
ITEM 5. INTEREST IN SECURITIES OF ISSUER
(a) On December 19, 1996, MaLeCo purchase additional shares of Issuer's
common stock, bringing MaLeCo's total holdings in the Issuer's common
stock to 213,500 shares. The percent of class represented by the
213,500 shares in 5.1%.
(b) C. Marvin May as managing partner has sole voting and sole
dispositive powers with respect to all the shares of the Issuer's
common stock held by MaLeCo.
(c) Transactions effected during the past sixty days are: (1) The
identity of the person who effected the transaction on behalf of
MaLeCo is Managing Partner C. Marvin May; (2) the date of the
transaction is December 19, 1996; (3) the amount of the securities
involved is 20,000 shares. (4) The price per share is 2 11/16 per
share; and (5) the transaction was effected by AB Watley, Inc., 800
Third Avenue, 26th Floor, New York, NY 10022, 212-604-9136.
(d) No other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale
of such securities.
(e) Not Applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Not Applicable.
<PAGE>
Page 5 of 5 Pages
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
No exhibits are filed with this filing.
SIGNATURES
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: December 24, 1996
/s/ C. Marvin May
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C. Marvin May
5263item96.1224
