SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 6) Texas Pacific Land Trust ---------------------------- (Name of Issuer) Sub-Share Certificates in Certificates of Proprietary Interest ------------------------------------------------------------------ (Title of Class of Securities) 882610108 ------------------ (CUSIP Number) Michael S. Paquette Vice President and Controller Fund American Enterprises Holdings, Inc. 80 South Main Street Hanover, New Hampshire 03755 (603) 643-1567 ---------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 7, 1997 ------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box ___. Check the following box if a fee is being paid with this 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. CUSIP NO. 882610108 - -------------------------------------------------------------------------------- (1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above Person Fund American Enterprises Holdings, Inc. 94-2708455 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) of a Group (See Instructions) ------------------ (b) ------------------ - -------------------------------------------------------------------------------- (3) (SEC Use Only) - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) N/A - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Delaware -------- - -------------------------------------------------------------------------------- Number of Sub-Shares (7) Sole Voting Power Beneficially Owned ----------------- by Each Reporting 30,000 Person With (8) Shared Voting Power ------------------- 110,900 (9) Sole Dispositive Power ---------------------- 30,000 (10) Shared Dispositive Power ------------------------ 110,900 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 140,900 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Sub-Shares (See Instructions) - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) Approximately 4.9% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) HC, CO - -------------------------------------------------------------------------------- 2 of 8 CUSIP NO. 882610108 - -------------------------------------------------------------------------------- (1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above Person Fund American Enterprises, Inc. 51-0328932 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) ------------- of a Group (See Instructions) (b) ------------- - -------------------------------------------------------------------------------- (3) (SEC Use Only) - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) N/A - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Delaware -------- - -------------------------------------------------------------------------------- Number of Sub-Shares (7) Sole Voting Power Beneficially Owned ----------------- by Each Reporting Person With (8) Shared Voting Power ------------------- 90,900 (9) Sole Dispositive Power ---------------------- (10) Shared Dispositive Power ------------------------ 90,900 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 90,900 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Sub-Shares (See Instructions) - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) Approximately 3.2% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- 3 of 8 CUSIP NO. 882610108 - -------------------------------------------------------------------------------- (1) Name of Reporting Person. S.S. or I.R.S. Identification No. of Above Person White Mountains Holdings, Inc. 02-0477315 - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) ----------------- of a Group (See Instructions) (b) ----------------- - -------------------------------------------------------------------------------- (3) (SEC Use Only) - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) N/A - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Delaware -------- - -------------------------------------------------------------------------------- Number of Sub-Shares (7) Sole Voting Power Beneficially Owned ----------------- by Each Reporting Person With (8) Shared Voting Power ------------------- 20,000 (9) Sole Dispositive Power ---------------------- (10) Shared Dispositive Power ------------------------ 20,000 - -------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 20,000 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Sub-Shares (See Instructions) - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) Approximately .7% - -------------------------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) HC, CO - -------------------------------------------------------------------------------- 4 of 8 ONLY ITEMS REPORTED IN THIS AMENDMENT NO. 6 TO SCHEDULE 13D ARE AMENDED FROM THE FILING ON SCHEDULE 13D FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 3, 1995, AS AMENDED BY AMENDMENT NO. 1 ON SEPT. 8, 1995, AMENDMENT NO. 2 ON OCT. 4, 1995, AMENDMENT NO. 3 ON FEB. 9, 1996, AMENDMENT NO. 4 ON MARCH 1, 1996 AND AMENDMENT NO. 5 ON APRIL 14, 1997. ALL OTHER ITEMS REMAIN UNCHANGED. UNLESS OTHERWISE SPECIFIED, ALL DEFINED TERMS USED HEREIN HAVE THE MEANING PREVIOUSLY ASCRIBED TO THEM IN THE SCHEDULE 13D. Item 4. Purpose of Transaction. ---------------------- (a) Sales by FAE outlined in Schedule II, attached hereto, and incorporated herein by reference, were made in the ordinary course of business and not for the purpose or effect of changing or influencing the control of TPL or in connection with, or as a participant in, any transaction having such purpose or effect. Item 5. Interest in Securities of the Issuer. ------------------------------------- (a) FAEH owns 30,000 Sub-Shares directly and 90,900 Sub-Shares indirectly through FAE and 20,000 Sub-Shares indirectly through WMH and certain of WMH's direct and indirect wholly-owned subsidiaries. The aggregate number of Sub-Shares and the corresponding percentage of the outstanding Sub-Shares such number represents is as follows: