INVESTMENT ADVISORS HAVE 10 PCT OF KILLEARN&lt;KPI>

  Two executives of a Memphis, Tenn.,
  investment advisory firm told the Securities and Exchange
  Commission they have acquired 132,000 shares of Killearn
  Properties Inc, or 10.4 pct of the total outstanding.
      The executives, O. Mason Hawkins and William Reid, who work
  for Southeastern Asset Management Inc, said they bought their
  Killearn stock with personal funds as an investment.
      While they said they might increase their stake Killearn
  Properties, they said they have no plans to seek control of it.
  

