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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
TEJAS GAS CORPORATION
(Name of Issuer)
Common Stock, Par Value $.25
(Title of Class of Securities)
879075109
(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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SCHEDULE 13G
CUSIP No. 879075109
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FOREIGN & COLONIAL MANAGEMENT LIMITED
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED KINGDOM
5 SOLE VOTING POWER
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 767,695
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 8 SHARED DISPOSITIVE POWER
WITH
767,695
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
767,695
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.6%
12 TYPE OF REPORTING PERSON*
IA, CO
*SEE INSTRUCTION
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SCHEDULE 13G
CUSIP No. 879075109
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HYPO FOREIGN & COLONIAL MANAGEMENT (HOLDINGS) LIMITED
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[X]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED KINGDOM
5 SOLE VOTING POWER
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 767,695
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 8 SHARED DISPOSITIVE POWER
WITH
767,695
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
767,695
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.6%
12 TYPE OF REPORTING PERSON*
HC, CO
*SEE INSTRUCTION
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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Fee Being Paid: No
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 (a) Name of person filing:
Foreign & Colonial Management Limited ("F&C Limited") and Hypo
Foreign & Colonial Management (Holdings) Limited ("F&C
Holdings" and, together with F&C Limited, the "Reporting
Entities")
Item 2 (b) Address of principal business office:
Exchange House
Primrose Street
London EC2A 2NY, England
Item 2 (c) Citizenship: United Kingdom
Item 2 (d) Title of class of securities: Common Stock, par value $.25 per
share ("Common Stock")
Item 2 (e) Cusip No.: 879075109
Item 3 (e) Type of Person: As of the date hereof, F&C Limited is an
Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940
("Advisers Act").
Item 3 (g) F&C Holdings is a Parent Holding Company, in
accordance with section 240.13d-1(b)(ii)(G)
under the Securities Exchange Act of 1934
("Exchange Act") (Note: See Item 7).
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Item 4 (a) Amount beneficially owned: 767,695 shares comprised of Common
Stock
Item 4 (b) Percent of class: 6.6%
Item 4 (c) (i) sole power to vote: none
(ii) shared power to vote: 767,695
(iii) sole power to dispose: none
(iv) shared power to dispose: 767,695
Item 5 Ownership of 5 percent or less of a class: N/A
Item 6 Dividends received from, and proceeds from the sale of, Common
Stock, if any, by F&C Limited are allocated by F&C Limited to the
applicable accounts of its clients and are distributed or retained
in accordance with F&C Limited's investment management agreements
with those clients.
Item 7 F&C Holdings currently owns 100% of the outstanding capital stock of
F&C Limited. F&C Limited is filing pursuant to Rule 13d-
1(b)(1)(i)(E) under the Exchange Act as an Investment Adviser
registered under Section 203 of the Advisers Act. A Joint Filing
Agreement was executed to this effect on February 3, 1995 and was
filed as Exhibit I to Schedule 13G filed for the Reporting Entities
on February 9, 1995 which is herein incorporated by reference.
Item 8 Identification and classification of members of the group: Not
Applicable
Item 9 Notice of dissolution of the group: Not Applicable
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purpose or
effect.
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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 1, 1996
FOREIGN & COLONIAL MANAGEMENT
LIMITED
By: /s/ James A. Findlay
Name: James A. Findlay
Title: Director
HYPO FOREIGN & COLONIAL MANAGEMENT
(HOLDINGS) LIMITED
By: /s/ Rob G. Donkin
Name: Rob G. Donkin
Title: Secretary
