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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. 3)*
Tejas Gas Corporation
(Name of Issuer)
Common Stock, par value $.25
(Title of Class of Securities)
879075109
(CUSIP Number)
*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 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 1 of 6 Pages
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- ----------------------------------- --------- --------------------------------
CUSIP No. 879075109 13G Page 2 of 6 Pages
- ---------------------------------- --------- --------------------------------
- ---------- ---------------------------------------------------------------------
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 1,108,625
OWNED BY
------ ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,108,625
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,108,625
- ---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA, CO
- ---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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- ----------------------------------- --------- --------------------------------
CUSIP No. 879075109 13G Page 3 of 6 Pages
- ---------------------------------- --------- --------------------------------
- ---------- ---------------------------------------------------------------------
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 1,108,625
OWNED BY
------ ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,108,625
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,108,625
- ---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC, CO
- ---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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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(s) 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").
(b) Address of Principal Business Office or, if none,
Residence:
The address of the principal business office of each
of the Reporting Entities is Exchange
House, Primrose Street, London EC2A 2NY, England.
(c) Citizenship:
Each of the Reporting Entities is a corporation
organized under the laws of the United Kingdom.
(d) Title of Class of Securities:
Common Stock, par value $.25 per share ("Common
Stock").
(e) CUSIP Number
879075109.
Item 3.
(e) 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").
(g) F&C Holdings is a Parent Holding Company, in
accordance with 240.13d-1(b)(ii)(G) under the
Securities Exchange Act of 1934 ("Exchange Act")
(Note: See Item 7).
Page 4 of 6 Pages
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Item 4. Ownership
(a) 1,108,625 shares comprised of Common Stock
(b) 5.4%
(c) (i) none
(ii) 1,108,625
(iii) none
(iv) 1,108,625
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:
Dividends received from, and any 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. Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company:
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 Group:
Not Applicable
Page 5 of 6 Pages
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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 purposes or effect.
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 10, 1997
FOREIGN & COLONIAL MANAGEMENT LIMITED
By: /s/ Andrew C. Barker
Name: Andrew C. Barker
Title: Director
HYPO FOREIGN & COLONIAL MANAGEMENT
(HOLDINGS) LIMITED
By: /s/ Rob. G. Donkin
Name: Rob. G. Donkin
Title: Secretary
Page 6 of 6 Pages
