UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
(RULE 13D-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-L(B), (C) AND (D) AND AMENDMENTS THERETO
FILED PURSUANT TO 13D-2
( AMENDMENT 1 )*
MAUI LAND & PINEAPPLE COMPANY, INC.
----------------------------------
(Name of Issuer)
COMMON STOCK, NO PAR VALUE
------------------------------
(Title of Class of Securities)
577346-10-1
-----------
(CUSIP Number)
_____FEBRUARY 7, 2006_______
(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-l(b)
[x] Rule 13d-l(c)
Rule 13d-l(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 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).
CUSIP NO. 557345-10-1 PAGE 2 OF 9 PAGES
--------------------- ------------------
-------------------------------------------------------------------------------
NAME OF REPORTING PERSONS
1 I.R.S IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Mary C. Sanford
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
Number Of
Shares 648,331
Beneficially -------------------------------------------------------------
Owned By 6 SHARED VOTING POWER
Each
Reporting 0
Person -------------------------------------------------------------
With 7 SOLE DISPOSITIVE POWER
648,331
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
648,331
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ]
SHARES
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.8%( (1))
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
(1) Based on 7,378,550 shares outstanding as of November 1, 2005 pursuant to
the issuer's Form 10-Q for the period ended September 30, 2005.
CUSIP NO. 557345-10-1 PAGE 3 OF 9 PAGES
----------------------- -----------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSONS
1 I.R.S IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Po'ohala Investments L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Hawaii
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
Number Of
Shares 648,331
Beneficially ------------------------------------------------------------
Owned By 6 SHARED VOTING POWER
Each
Reporting 0
Person ------------------------------------------------------------
With 7 SOLE DISPOSITIVE POWER
648,331
----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
----------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
648,331(1)
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.8%(1)
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
(1) Based on 7,378,550 shares outstanding as of November 1, 2005 pursuant to
the issuer's Form 10-Q for the period ended September 30, 2005.
----------------------- ------------------
CUSIP NO. 557345-10-1 PAGE 4 OF 9 PAGES
---------------------- -------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSONS
1 I.R.S IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Po'ohala Holdings, Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Hawaii
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
Number Of
Shares 648,331
Beneficially
Owned By 6 SHARED VOTING POWER
Each -----------------------------------------------------------------
Reporting 0
Person
With 7 SOLE DISPOSITIVE POWER
648,331
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
648,331
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ]
SHARES
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.8%(1)
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
(1) Based on 7,378,550 shares outstanding as of November 1, 2005 pursuant to the
issuer's Form 10-Q for the period ended September 30, 2005.
SCHEDULE 13G
----------------------- -------------------
CUSIP NO. 557345-10-1 PAGE 5 OF 9 PAGES
----------------------- -------------------
ITEM 1(A). NAME OF ISSUER:
Maui Land & Pineapple Company, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
120 Kane Street, PO Box 187, Kahului, Maui, HI 96733-6687
ITEM 2(A). NAME OF PERSON FILING:
(1) Mary C. Sanford
(2) Po'ohala Investments L.P.
(3) Po'ohala Holdings, Inc.
ITEM 2(B). ADDRESS OF PRINCIPAL OFFICES OR, IF NONE, RESIDENCE:
(1) 3694 Woodlawn Terrace Place, Honolulu, Hawaii 96822
(2) 3694 Woodlawn Terrace Place, Honolulu, Hawaii 96822
(3) 3694 Woodlawn Terrace Place, Honolulu, Hawaii 96822
ITEM 2(C). CITIZENSHIP:
(1) United States
(2) Hawaii
(3) Hawaii
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E). CUSIP NUMBER:
557345-10-1
SCHEDULE 13G
----------------------- -------------------
CUSIP NO. 557345-10-1 PAGE 6 OF 9 PAGES
----------------------- -------------------
ITEM 3. IF THE STATEMENT IS BEING FILED PURSUANT TO RULE 13D-L(B), OR 13D-2(B)
OR (C), CHECK WHETHER THE FILING PERSON 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 l3d-l(b)(I)(ii)(E);
(f)[ ] An employee benefit plan or endowment fund in accordance with 13d-1
(b)(1)(ii)(F);
(g)[ ] A parent holding company or control person in accordance with
13d-l(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 l3d-l(b)(l)(ii)(J).
ITEM 4. OWNERSHIP:
(a) Amount Beneficially Owned:
Mary C. Sanford beneficially owns 769,531 shares of Common Stock. Po'ohala
Investments L.P. and Po'ohala Holdings, Inc. each beneficially own
648,331 shares of Common Stock. Ms. Sanford owns 100% of the shares of
Po'ohala Holdings, Inc., which is the sole general partner of Po'ohala
Investments L.P.
(b) Percent of class:
The shares beneficially owned by Ms. Sanford, Po'ohala Investments L.P.
and Po'ohala Holdings, Inc. represent approximately 8.8% of the
outstanding shares of Common Stock.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
Mary C. Sanford: 648,331
Po'ohala Investments L.P.: 648,331
Po'ohala Holdings, Inc.: 648,331
SCHEDULE 13G
----------------------- -------------------
CUSIP NO. 557345-10-1 PAGE 7 OF 9 PAGES
----------------------- -------------------
(ii) Shared power to vote or to direct the vote:
Mary C. Sanford: 0
Po'ohala Investments L.P.: 0
Po'ohala Holdings, Inc.: 0
(iii) Sole power to dispose or to direct the disposition of:
Mary C. Sanford: 648,331
Po'ohala Investments L.P.: 648,331
Po'ohala Holdings, Inc.: 648,331
(iv) Shared power to dispose or to direct the disposition of:
Mary C. Sanford: 0
Po'ohala Investments L.P.: 0
Po'ohala Holdings, Inc.: 0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the
date hereof the reporting person had ceased to be the beneficial
owner of more than five percent of the class of securities, check the
following
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Inapplicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Inapplicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Inapplicable
SCHEDULE 13G
----------------------- -------------------
CUSIP NO. 557345-10-1 PAGE 8 OF 9 PAGES
----------------------- -------------------
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Inapplicable
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.
SCHEDULE 13G
---------------------- -------------------
CUSIP NO. 557345-10-1 PAGE 9 OF 9 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 27, 2006
/S/ MARY C. SANFORD
-------------------------
Mary C. Sanford
PO'OHALA INVESTMENTS L.P.
By: PO'OHALA HOLDINGS, INC., General
Partner
/S/ MARY C. SANFORD
--------------------------
Name: Mary C. Sanford
Title: President
PO'OHALA HOLDINGS, INC.
/S/ MARY C. SANFORD
-------------------------
Name: Mary C. Sanford
Title: President
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.
ATTENTION. INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as
amended, the undersigned agree to the joint filing on behalf of each of them of
a Statement on Schedule 13G (including any and all amendments hereto) with
respect to the common stock, par value $0.01 per share, of Maui Land & Pineapple
Company, Inc. and further agree that this Joint Filing Agreement shall be
included as an Exhibit to such joint filings.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of December
14, 2005.
/S/ MARY C. SANFORD
-------------------------
Mary C. Sanford
PO'OHALA INVESTMENTS L.P.
By: PO'OHALA HOLDINGS, INC., General
Partner
/S/ MARY C. SANFORD
---------------------------
Name: Mary C. Sanford
Title: President
PO'OHALA HOLDINGS, INC.
/S/ MARY C. SANFORD
---------------------------
Name: Mary C. Sanford
Title: President