SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 22)*
UNITED MOBILE HOMES, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
91-1024107
(CUSIP Number)
Eugene W. Landy, Esq.
Juniper Business Plaza, Suite 3-C
3499 Route 9 North
Freehold, New Jersey 07728
732-577-9997
(Name, address and telephone number
of Person Authorized to Receive Notices
and Communications)
January 29, 2004
(Date of Event Which Requires Filing
this Statement)
ANNUAL REPORT -- NO MATERIAL CHANGE
If the filing person has previously filed a
statement on Schedule 13G to report the acquisition which is
the subject of this statement, and is filing this statement
because of Rule 13d-1(b)(3) or (4), check the following:
[ ]
*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 bee needed 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. 91-1024107 Page 2 of 7
1. Name of Reporting Person, S.S. or I.R.S. Identification
No. of Reporting Person:
Eugene W. Landy S.S. #150-24-4993
2. Check appropriate box if member of a group:
a) [ X ]
b) [ ]
3. SEC Use Only
4. Source of Funds: PF
5. Check if Disclosure of Legal Proceedings is Required
pursuant to Items 2(d) or 2(e):
6. Citizen or Place of Organization: Citizen of U.S.A.
Number of Shares Beneficially Owned by Reporting Person
Number of Shares Beneficially Owned by Reporting Person
7.
Sole Voting Power
599,051
8.
Shared Voting Power
358,381.5
9.
Sole Dispositive Power
599,051
10.
Shared Dispositive Power
358.381.5
11. Aggregate Amount Beneficially Owned by Reporting
Person:
957,432.5 shares
12. Check if the Aggregate Amount in Row (11) excludes
Certain Shares:
[ X ]
CUSIP No. 91-1024107 Page 3 of 7
13. Percent of Class Represented by Amount in Row (11):
11.65%
14. Type of Reporting Person: IN
ITEM 1. SECURITY AND ISSUER
Common Stock issued by United Mobile Homes, Inc.,
Juniper Business Plaza, Suite 3-C, 3499 Route 9
North, Freehold, New Jersey 07728.
ITEM 2. IDENTITY AND BACKGROUND
(a) The person filing this statement is Eugene W.
Landy.
(b) Mr. Landy's business address is Juniper Business Plaza,
Suite 3-C, Route 9 North, Freehold, New Jersey 07728.
(c) Mr. Landy's present principal occupation is an
attorney; President of Monmouth Capital Corporation;
President of Monmouth Real Estate Investment Corporation
(formerly Monmouth Real Estate Investment Trust); and
Chairman of the Board of United Mobile Homes, Inc.
(d) Mr. Landy has not been convicted in a criminal
proceeding during the past five years.
(e) Mr. Landy, has not, during the past five years,
been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction
that resulted in a judgment, decree, or final
order enjoining future violations of, or
prohibiting or mandating activities subject to
federal or state security laws or finding any
violations with respect to such laws.
(f) Mr. Landy is a United States citizen.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Answers to this Item 3 for Mr. Landy are set forth
above.
ITEM 4. PURPOSE OF TRANSACTION
Common Stock of United Mobile Homes, Inc. was
acquired for investment purposes. The acquisition
involves no change of control of
CUSIP No. 91-1024107 Page 4 of 7
United Mobile Homes, Inc. Eugene W. Landy is
Chairman of the Board, Director and Founder.
Therefore, Item 4 is somewhat inapplicable.
Mr. Landy has no plans for the following:
(a) The acquisition by any person or additional
securities of the issuer, or the disposition of
securities of the issuer; except that purchases of
United Mobile Homes, Inc. common stock may be made
under the United Mobile Homes, Inc. Dividend
Reinvestment and Stock Purchase Plan;
(b) the extraordinary corporate transaction, such
as a merger, reorganization or liquidation,
involving the issuer or any of its subsidiaries;
(c) a sale or transfer of a material amount of
assets of the issuer or any of its subsidiaries;
(d) any change in the present board of directors
or management of the issuer, including any plans
or proposals to change the number or term of
directors or to fill any existing vacancies on the
board;
(e) Any material change in the present capitalization
or dividend policy of the issuer:
(f) any other material change in the issuer's
business or corporate structure;
(g) changes in the issuer's charter, by-laws or
instruments corresponding thereto or other actions
which may impede the acquisition or control of the
issuer by any person;
(h) causing a class of securities of the issuer
to be delisted from a national securities exchange
or to cease to be authorized to be quoted in an
interdealer quotation system of a registered
national securities association;
(i) a class of equity securities of the issuer
becoming eligible for termination or registration;
or
(j) any action similar to any of those enumerated
above.
CUSIP No. 91-1024107 Page 5 of 7
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of the close of business on January 29,
2004, the following table lists the aggregate
number of shares and the percentage of the shares
of common stock owned:
Name Aggregate Number of Percentage of
Shares Owned Shares Owned
____ ___________________ _____________
Eugene W. Landy 514,582.6* 6.26
Gloria Landy 84,468.4 1.03
Landy Investments 172,607.7 2.10
Landy & Landy
Employees' Profit
Sharing Plan 73,212.5 0.90
Landy & Landy
Employees' Pension
Plan 57,561.3 0.70
Eugene W. and
Gloria Landy Family
Foundation 5,000 0.06
Eugene W. Landy
Charitable Lead
Annuity Trust 50,000 0.60
Total: 957,432.5 11.65
______________________________
*Does not include 50,000 shares on which Mr. Landy has an
option to purchase pursuant to the Company's Stock Option
Plan, which option expires on January 5, 2005.
**Excludes shares held by Mr. Landy's adult children in
which he disclaims any beneficial interest.
(b) The information required by this sub-
paragraph is contained in the responses to ITEMS 7-10 of the
second part of the cover page hereto, which items are hereby
incorporated by reference.
(c) The following transactions were effected by
Mr. Landy with respect to the Common Stock of United Mobile
Homes, Inc. during the past 60 days:
CUSIP No. 91-1024107 Page 6 of 7
Price
Amount of Character of Per
Name Date Shares Transaction Share
____ ____ _________ ___________ _____
Landy & Landy
Employees'
Profit Open Market
Sharing Plan January 14, 2004 3,000 Sale $17.25
Landy & Landy
Employees'
Profit Open Market
Sharing Plan January 14, 2004 7,000 Sale $17.05
Landy & Landy
Employees'
Profit Open Market
Sharing Plan January 13, 2004 100 Sale $17.16
Landy & Landy
Employees'
Profit Open Market
Sharing Plan January 13, 2004 9,900 Sale $17.15
Eugene W. Acquisition
Landy pursuant to
the Company's
Dividend
Reinvestment
and Stock
December 15, 2003 4,127.2 Purchase Plan $16.50
Gloria Landy Acquisition
pursuant to
the Company's
Dividend
Reinvestment
and Stock
December 15, 2003 1,081.5 Purchase Plan $16.50
Eugene W. Disposition by
Landy December 10, 2003 5,000 Gift $17.05
Eugene W.
Landy and
Gloria Landy
Family Acquisition by
Foundation December 10, 2003 5,000 Gift $17.05
CUSIP No. 91-1024107 Page 7 of 7
(d) This item is not applicable.
(e) The reporting person has not ceased to be the
beneficial owner of more than five percent of the class of
securities.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE
ISSUER
There are no contracts, arrangements,
understandings or relation-ships (legal or
otherwise) between the person named in ITEM 2
hereof or between such person and any person with
respect to any securities of United Mobile Homes,
Inc.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
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: January 29, 2004
/s/ Eugene W. Landy
Eugene W. Landy
Chairman of the
Board