<SEC-DOCUMENT>0001157523-20-000165.txt : 20200206
<SEC-HEADER>0001157523-20-000165.hdr.sgml : 20200206
<ACCEPTANCE-DATETIME>20200206150034
ACCESSION NUMBER:		0001157523-20-000165
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200206
DATE AS OF CHANGE:		20200206

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INVESTORS TITLE CO
		CENTRAL INDEX KEY:			0000720858
		STANDARD INDUSTRIAL CLASSIFICATION:	TITLE INSURANCE [6361]
		IRS NUMBER:				561110199
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-44857
		FILM NUMBER:		20582395

	BUSINESS ADDRESS:	
		STREET 1:		121 N COLUMBIA ST
		STREET 2:		P O DRAWER 2687
		CITY:			CHAPEL HILL
		STATE:			NC
		ZIP:			27514
		BUSINESS PHONE:		9199682200

	MAIL ADDRESS:	
		STREET 1:		121 NORTH COLUMBIA STREET
		CITY:			CHAPEL HILL
		STATE:			NC
		ZIP:			27514

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FINE JAMES A JR
		CENTRAL INDEX KEY:			0001227272

	FILING VALUES:
		FORM TYPE:		SC 13G/A
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>a52170021.htm
<DESCRIPTION>INVESTORS TITLE COMPANY SCHEDULE 13G/A
<TEXT>
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    <div style="text-align: center; font-size: 18pt;"><font style="font-size: 12pt;">&#160;</font><font style="font-size: 16pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">UNITED STATES</font></div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 12pt;">Washington, D.C. 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">SCHEDULE 13G</div>
    <div style="text-align: center;">(Amendment No. 12)*</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Under the Securities Exchange Act of 1934</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">Investors Title Company</div>
    <div><br>
    </div>
    <div style="text-align: center;">(Name of Issuer)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Common Stock, no par value</div>
    <div style="text-align: center;">(Title of Class of Securities)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">461804106</div>
    <div style="text-align: center;">(CUSIP Number)</div>
    <div><br>
    </div>
    <div style="text-align: center;">December 31, 2019</div>
    <div style="text-align: center;">(Date of Event Which Requires Filing of this Statement)</div>
    <div><br>
    </div>
    <div style="text-align: center;">Check the appropriate box to designate the rule pursuant to which this Schedule</div>
    <div style="text-align: center;">is filed:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">|&#160; | Rule 13d-1(b)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">|_| Rule 13d-1(c)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">|X| Rule 13d-1(d)</div>
    <div><br>
    </div>
    <div>*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.</div>
    <div><br>
    </div>
    <div>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).</div>
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            <div>&#160;</div>
            <div>CUSIP No. <font style="font-weight: bold;">461804106</font></div>
            <div>&#160;</div>
            <div>--------------------------------------------------------------------------------</div>
            <div>1.&#160;&#160; NAME OF REPORTING PERSONS</div>
            <div> &#160;</div>
            <div>&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;">James A. Fine, Jr.</font></div>
            <div>--------------------------------------------------------------------------------</div>
            <div>2.&#160;&#160; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*</div>
            <div>&#160;</div>
            <div>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(a)&#160; |_|</div>
            <div>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(b)&#160; |_|</div>
            <div>--------------------------------------------------------------------------------</div>
            <div>3.&#160;&#160; SEC USE ONLY</div>
            <div>&#160;</div>
            <div>&#160;</div>
            <div>--------------------------------------------------------------------------------</div>
            <div>4.&#160;&#160; CITIZENSHIP OR PLACE OF ORGANIZATION</div>
            <div>&#160;</div>
            <div>&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;">United States of America</font></div>
            <div>--------------------------------------------------------------------------------</div>
            <div> &#160;</div>
            <div>&#160;NUMBER OF&#160; &#160; 5.&#160;&#160; SOLE VOTING POWER</div>
            <div>&#160;</div>
            <div>&#160;&#160;&#160;SHARES&#160; &#160; &#160; &#160; &#160;&#160; <font style="font-weight: bold;"> 82,963</font></div>
            <div>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-----------------------------------------------------------</div>
            <div>BENEFICIALLY&#160;&#160; 6.&#160;&#160; SHARED VOTING POWER</div>
            <div>&#160;</div>
            <div>&#160;&#160;OWNED BY&#160; &#160; &#160; &#160; &#160; <font style="font-weight: bold;">95,515</font></div>
            <div>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-----------------------------------------------------------------</div>
            <div>&#160;&#160;&#160;&#160;EACH&#160; &#160; &#160;&#160; 7.&#160;&#160; SOLE DISPOSITIVE POWER</div>
            <div>&#160;</div>
            <div>&#160;&#160;REPORTING&#160; &#160; &#160; &#160;&#160; <font style="font-weight: bold;">82,963</font></div>
            <div>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-----------------------------------------------------------------</div>
            <div>&#160;&#160;&#160;PERSON&#160; &#160; &#160; 8.&#160;&#160; SHARED DISPOSITIVE POWER</div>
            <div>&#160;</div>
            <div>&#160;&#160;&#160;&#160;WITH&#160; &#160; &#160; &#160; &#160; &#160; <font style="font-weight: bold;">95,515</font></div>
            <div>--------------------------------------------------------------------------------</div>
            <div>9.&#160;&#160; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
            <div>&#160;</div>
            <div>&#160;&#160;&#160;&#160;<font style="font-weight: bold;"> 178,491 (1)</font></div>
            <div>-------------------------------------------------------------------------------</div>
            <div>10.&#160; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*</div>
            <div>&#160;</div>
            <div>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;|_|</div>
            <div>--------------------------------------------------------------------------------</div>
            <div>11.&#160; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</div>
            <div>&#160;</div>
            <div><font style="font-weight: bold;">&#160;&#160;&#160;&#160;&#160;</font>9.45<font style="font-weight: bold;">%</font></div>
            <div>--------------------------------------------------------------------------------</div>
            <div>12.&#160; TYPE OF REPORTING PERSON*</div>
            <div>&#160;</div>
            <div>&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;">IN</font></div>
            <div>--------------------------------------------------------------------------------</div>
            <div>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;*SEE INSTRUCTIONS BEFORE FILLING OUT!</div>
            <div>&#160;</div>
            <div>--------------------------</div>
            <div>&#160;</div>
            <div><font style="font-weight: bold;">(1)</font>&#160; &#160;&#160; <font style="font-weight: bold;">95,000 of these shares are held by a limited partnership of which Mr. Fine is a general partner
                and shares joint voting power over such shares with William Morris Fine.&#160; Additionally, this number includes 515 shares that are held by his wife.</font></div>
          </td>
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    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 1(a). NAME OF ISSUER:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Investors Title Company</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">121 N. Columbia Street</div>
    <div style="text-align: center; font-weight: bold;">Chapel Hill, North Carolina&#160; 27514</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 2(a). NAME OF PERSON FILING:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">James A. Fine, Jr.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">121 N. Columbia Street</div>
    <div style="text-align: center; font-weight: bold;">Chapel Hill, North Carolina&#160; 27514</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 2(c). CITIZENSHIP:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">United States of America</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 2(d). TITLE OF CLASS OF SECURITIES:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Common Stock, no par value (the "Common Stock")</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 2(e). CUSIP NUMBER:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">461804106</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 3.</div>
    <div style="text-align: center; font-weight: bold;">Not Applicable</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 4. OWNERSHIP:</div>
    <div><br>
    </div>
    <div>(a) AMOUNT BENEFICIALLY OWNED:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">178,491 (1)</div>
    <div><br>
    </div>
    <div>(b) PERCENT OF CLASS:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">9.45%</div>
    <div><br>
    </div>
    <div>(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:</div>
    <div><br>
    </div>
    <div>(i) Sole power to vote or to direct the vote:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">82,976</div>
    <div><br>
    </div>
    <div>(ii) Shared power to vote or to direct the vote:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">95,515</div>
    <div><br>
    </div>
    <div>(iii) Sole power to dispose or to direct the disposition of:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">82,976</div>
    <div><br>
    </div>
    <div><br>
    </div>
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    <div><br>
    </div>
    <div>(iv) Shared power to dispose or to direct the disposition of:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">95,515</div>
    <div><br>
    </div>
    <div>(1)&#160;&#160; <font style="font-weight: bold;">95,000 of these shares are held by a limited partnership of which Mr. Fine is a general partner and shares joint voting power over such shares with William Morris Fine.&#160; Additionally, this number includes 515
        shares that are held by his wife.</font></div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; color: #000000;">If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the
      beneficial owner of more than five percent of the class of securities, check the following&#160;&#9723;.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Not Applicable</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED</div>
    <div style="font-weight: bold;">THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Not Applicable</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Not Applicable</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 9. NOTICE OF DISSOLUTION OF THE GROUP:</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Not Applicable</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">ITEM 10. CERTIFICATION:</div>
    <div style="text-align: center; font-weight: bold;">Not Applicable</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">SIGNATURE</div>
    <div><br>
    </div>
    <div>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.</div>
    <div> <br>
    </div>
    <div>
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            <td style="width: 5%;" colspan="1">&#160;</td>
            <td style="width: 7%;">
              <div style="font-style: italic;">Dated:&#160; <br>
              </div>
            </td>
            <td style="width: 50%;">
              <div style="font-style: italic;">February 6,2020 <br>
              </div>
            </td>
            <td style="width: 38%;">
              <div style="font-style: italic;">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; padding-bottom: 2px;" rowspan="1" colspan="1">&#160;</td>
            <td style="width: 7%; font-style: italic; padding-bottom: 2px;" rowspan="1">&#160;</td>
            <td style="width: 50%; font-style: italic; padding-bottom: 2px;" rowspan="1">Chapel Hill, North Carolina <br>
            </td>
            <td style="width: 38%; font-style: italic; border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1">/s/ James A. Fine, Jr. <br>
            </td>
          </tr>
          <tr>
            <td style="width: 5%;" colspan="1">&#160;</td>
            <td style="width: 7%;">
              <div style="font-style: italic;">&#160;</div>
            </td>
            <td style="width: 50%;">
              <div style="font-style: italic;">&#160;</div>
            </td>
            <td style="width: 38%;">
              <div style="font-style: italic;">James A. Fine, Jr. <br>
              </div>
            </td>
          </tr>

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    <div><br>
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    <div style="text-align: center; font-size: 14pt; font-weight: bold;">End of Filing</div>
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</SEC-DOCUMENT>
