SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1) *
Tejas Gas Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
879075 10 9
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(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).
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CUSIP NO. 879075 10 9 PAGE 2 OF 5 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jay A. Precourt
SS# ###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
Not applicable (a) / /
(b) / /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
5 SOLE VOTING POWER
554,572
NUMBER OF
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED None
BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 581,257
PERSON
WITH 8 SHARED DISPOSITIVE POWER
None
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
581,257
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/X/**
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.0 % (rounded up from 4.98%)
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
**Excludes 19,470 shares of Common Stock held by Mr. Precourt's spouse and
458 shares of Common Stock held in trust for the benefit of Mr. Precourt's
daughter. Mr. Precourt disclaims beneficial ownership of these shares of Common
Stock and nothing in this Schedule 13G shall be construed as an admission that
Mr. Precourt is the beneficial owner of such shares for purposes of Section
13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any
other purpose.
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CUSIP NO. 879075 10 9 PAGE 3 OF 5 PAGES
ITEM 1.
Item 1(a) NAME OF ISSUER: Tejas Gas Corporation
Item 1(b) ADDRESS OF ISSUER'S
PRINCIPAL EXECUTIVE OFFICES: 1301 McKinney, Suite 700
Houston, Texas 77010
ITEM 2.
Item 2(a) NAME OF PERSON FILING: Jay A. Precourt
Item 2(b) ADDRESS OF PRINCIPAL
BUSINESS OFFICE: 1301 McKinney, Suite 700
Houston, Texas 77010
Item 2(c) CITIZENSHIP: U.S.
Item 2(d) TITLE OF CLASS OF SECURITIES: Common Stock
Item 2(e) CUSIP NUMBER: 879075 10 9
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D- 2(B),
CHECK WHETHER THE PERSON FILING IS A:
(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; see ss. 240.13d-1(b)(1)(ii)(F)
(g) / / Parent Holding Company, in accordance with Subsection
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) / / Group, in accordance with Subsection 240.13d-1(b)(1)(ii)(H)
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CUSIP NO. 879075 10 9 PAGE 4 OF 5 PAGES
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: 581,257
(b) Percent of Class: 5.0% (rounded up from 4.98%)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 554,572
(ii) Shared power to vote or to direct the vote: None
(iii) Sole power to dispose or to direct the
disposition of: 581,257
(iv) Shared power to dispose or to direct the
disposition: None
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
/X/
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
<PAGE>
CUSIP NO. 879075 10 9 PAGE 5 OF 5 PAGES
SIGNATURE
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: February 13, 1996
/s/ JAY A. PRECOURT
-----------------------------------
Jay A. Precourt
