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Paslay Family Limited Partnership – ‘SC 13G’ on 5/31/01 re: Marine Petroleum Trust

On:  Thursday, 5/31/01, at 7:41pm ET   ·   As of:  6/1/01   ·   Accession #:  950144-1-503086   ·   File #:  5-31358

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 6/01/01  Paslay Family Limited Partnership SC 13G      5/31/01    1:10K  Marine Petroleum Trust            Bowne of Atlanta Inc/FA

Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G      Marine Petroleum Trust/Paslay Family Limited Part.     4     20K

Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
3Item 4. Ownership
"Item 5. Ownership of Five Percent or Less of A Class
"Item 6. Ownership of More Than Five Percent on Behalf of Another Person
"Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
"Item 8. Identification and Classification of Members of the Group
"Item 9. Notice of Dissolution of Group
4Item 10. Certification 
SC 13G1st Page of 4TOC↑TopPreviousNext↓BottomJust 1st
 

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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G

(RULE 13D-102)

 Information to be Included in Statements Filed Pursuant to Rule 13d-1(b),
(c) and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2.

 UNDER THE SECURITIES EXCHANGE ACT OF 1934
 (AMENDMENT NO. __________)*

Marine Petroleum Trust
 -------------------------------------------------------------------------------
(Name of Issuer)

Units of Beneficial Interest
 -------------------------------------------------------------------------------
 (Title of Class Securities)

 568423107
--------------------------------------------
(CUSIP Number)

 July 24, 1998
 -------------------------------------------------------------------------------
 (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule 
is filed:                                                                       

[ ]      Rule 13d-1(b)                                              

[X]      Rule 13d-1(c)                                              

[ ]      Rule 13d-1(d)                                              

*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. 568423107                      13G                   PAGE 2 OF 4 PAGES
------------------------------                       ---------------------------

--------------------------------------------------------------------------------
1     NAME OF REPORTING PERSON/                                                 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)         
Paslay Family Limited Partnership                               

--------------------------------------------------------------------------------
2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)[ ]
                                                                          (b)[ ]

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

--------------------------------------------------------------------------------
4     CITIZENSHIP OR PLACE OF ORGANIZATION                                      
Delaware                                                        

--------------------------------------------------------------------------------
5      SOLE VOTING POWER  
286,469     
        NUMBER OF          -----------------------------------------------------
SHARES            6      SHARED VOTING POWER                  
BENEFICIALLY                0                                       
        OWNED BY           -----------------------------------------------------
EACH             7      SOLE DISPOSITIVE POWER              
REPORTING                 286,469                               
         PERSON            -----------------------------------------------------
WITH:            8      SHARED DISPOSITIVE POWER            
0           

--------------------------------------------------------------------------------
9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
286,469                                                             

--------------------------------------------------------------------------------
10    CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES      [ ]

--------------------------------------------------------------------------------
11    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (See Instructions)     
14.3%                                                               

--------------------------------------------------------------------------------
12    TYPE OF REPORTING PERSON (See Instructions)                               
PN                                                              

--------------------------------------------------------------------------------


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Item 1.                                                                         
(a)  Name of Issuer: Marine Petroleum Trust                         
  (b)  Address of Issuer's Principal Executive Offices: Bank of America,
N.A., P.O. Box 830241, Dallas, TX 75283-0241              

ITEM 2.                                                                         

(a)  Name of Person Filing: Paslay Family Limited Partnership       
  (b)  Address of Principal Business Office or, if none, Residence: 5806
Lindenshire Lane, Dallas, Texas 75230-2144                
(c)  Citizenship: Delaware                                          
(d)  Title of Class of Securities: Units of Beneficial Interest     
(e)  CUSIP Number: Not Applicable                                   

ITEM 3.    IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.1240.13D-1(B) OR        
240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
(a)  [ ] Broker or dealer registered under section 15 of the Act    
(15 U.S.C. 78o).                                  
   (b)  [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)  [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).                                  
    (d)  [ ] Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).            
(e)  [ ] An investment adviser in accordance with                   
ss.240.13d-1(b)(1)(ii)(E);                        
  (f)  [ ] An employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F);                        
  (g)  [ ] A parent holding company or control person in accordance with
ss.240.13d-1(b)(1)(ii)(G);                        
    (h)  [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);           
(i)  [ ] A church plan that is excluded from the definition of an   
         investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);            
(j)  [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).       

ITEM 4.    OWNERSHIP                                                            

(a)  Amount beneficially owned: 286,469.                            

(b)  Percent of class: 14.3.                                        

(c)  Number of shares as to which the person has:                   

(i)   Sole power to vote or to direct the vote 286,469.   

(ii)  Shared power to vote or to direct the vote 0.       

          (iii) Sole power to dispose or to direct the disposition of 286,469.

      (iv)  Shared power to dispose or to direct the disposition of 0.

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.     

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.                                           


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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 not acquired and
       are not held for the purpose of or with the effect of changing or
      influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a  
   participant in any transaction having that purpose 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.                                                                        

                          May 23, 2001
                             ---------------------------------------------------
                          Date

           PASLAY FAMILY LIMITED PARTNERSHIP

                    By:      DIANA AILEEN KERSEY GRANTOR TRUST
                               MICHAEL ROBERT PASLAY GRANTOR TRUST
                             PAMELA LOUISE KROUT GRANTOR TRUST
                              DAVID THOREAU MARTIN GRANTOR TRUST
                                     SUZANNE ELIZABETH MARTIN HARTZELL GRANTOR
                     TRUST
                                TATJANA LAURINE MARTIN GRANTOR TRUST
                                   CYNTHIA JANE MARTIN EKIEN GRANTOR TRUST

       By:      /s/ Robert H. Paslay
   Name:    ROBERT H. PASLAY
                         Title:   Co-Trustee of the above-listed Trusts,
                                    each serving as a general partner of the
                             Paslay Family Limited Partnership

         By:      /s/ Patricia L. Martin
     Name:    PATRICIA L. MARTIN
                         Title:   Co-Trustee of the above-listed Trusts,
                                    each serving as a general partner of the
                             Paslay Family Limited Partnership

       The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the statement is    
signed on behalf of a person by his authorized representative other than an     
executive officer or general partner of the filing person, evidence of the      
representative's authority to sign on behalf of such person shall be filed with 
the statement, provided, however, that a power of attorney for this purpose     
which is already on file with the Commission may be incorporated by reference.  
The name and any title of each person who signs the statement shall be typed or 
printed beneath his signature.                                                  

NOTE: Schedules filed in paper format shall include a signed original and five  
copies of the schedule, including all exhibits. See ss.240.13d-7 for other      
parties for whom copies are to be sent.                                         

ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘SC 13G’ Filing    Date First  Last      Other Filings
10/31/021
Filed as of:6/1/01SC 13G
Filed on:5/31/01SC 13G
5/23/014
7/24/981
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