UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

This Statement on Schedule 13D, as amended, to which this amendment relates (the “Schedule 13D”), filed pursuant to Rule 13d-1 of the Rules and Regulations under the Securities Exchange Act of 1934, as amended, by each of the individuals identified on the cover pages to this Schedule 13D (such persons, collectively, the “Reporting Persons”), relating to the Common Stock, par value $1.00 per share (the “Common Stock”), of J. W. Mays, Inc., a New York corporation (“J. W. Mays”), is hereby amended as set forth below.

Item 2.

Identity and Background.

Item 2 is hereby supplemented as follows:

As a result of its purchase of 271,200 shares of Common Stock from the Estate of Sol Goldman, Deceased, the Lillian Goldman Marital Trust is being added as a Reporting Person in this Amendment No. 10 to this Schedule 13D.  The Lillian Goldman Marital Trust, which was created under the Will of Sol Goldman, is organized under the laws of the State of New York and has a business address of 640 Fifth Avenue, New York, New York 10019.  The trustees of the Lillian Goldman Marital Trust are Jane H. Goldman, Allan H. Goldman and Louisa Little. 

During the last five years, it is not the case that the Lillian Goldman Marital Trust has been (a) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 3.

Source and Amount of Funds or Other Consideration.

On November 23, 2010, the Lillian Goldman Marital Trust expended an aggregate of $2,904,552 of its working capital to purchase 271,200 shares of Common Stock from the Estate of Sol Goldman, Deceased.  As further described in the Purchase and Sale Agreement, a copy of which is attached hereto as Exhibit 4 and incorporated by reference herein, this price represents the estimated fair market value of the shares of Common Stock of J.W. Mays on November 23, 2010.  An independent appraiser has been retained to prepare a valuation of these shares of Common Stock.  If this appraisal results in a different fair market value of these shares of Common Stock as of November 23, 2010, the price will be adjusted.

Item 5.

Interest in Securities of the Issuer.

Item 5 is hereby amended and restated as follows:

Current Ownership

As of the date hereof and after giving effect to the transaction described below under “Recent Transactions,” (i) each of Jane H. Goldman and Allan H. Goldman may be deemed to share beneficial ownership of 454,000 shares of Common Stock (consisting of 271,200 shares of Common Stock held by the Lillian Goldman Marital Trust and 182,800 shares of Common Stock held by the Estate of Lillian Goldman, Deceased), or approximately 22.52% of the outstanding shares of Common Stock; (ii) Louisa Little may be deemed to share beneficial ownership of the

271,200 shares of Common Stock held by the Lillian Goldman Marital Trust, or approximately 13.45% of the outstanding shares of Common Stock; (iii) each of Amy P. Goldman and Diane Goldman Kemper may be deemed to share beneficial ownership of the 182,800 shares of Common Stock held by the Estate of Lillian Goldman, Deceased, or approximately 9.07% of the outstanding shares of Common Stock, and (iv) the Lillian Goldman Marital Trust may be deemed to have beneficial ownership of the 271,200 shares of common stock it holds, or approximately 13.45% of the outstanding shares of Common Stock.

Percentages set forth on the cover pages of this Schedule 13D and in this Item 5 were calculated based on 2,015,780 outstanding shares of Common Stock.  In its Annual Report to Shareholders for Fiscal Year Ended July 31, 2010 on Form 10-K dated October 7, 2010, J. W. Mays reported that it had 2,015,780 shares of Common Stock outstanding as of September 10, 2010.

Jane H. Goldman, Allan H. Goldman, Amy P. Goldman and Diane Goldman Kemper are siblings.  Each of Jane H. Goldman, Allan H. Goldman, Amy P. Goldman and Diane Goldman Kemper disclaims all economic interest in the shares of Common Stock reported herein except to the extent of their interests as beneficiaries of the Lillian Goldman Marital Trust and as heirs to the Estate of Lillian Goldman, Deceased. Louisa Little has no economic interest in the shares of Common Stock reported herein.

Recent Transactions

On November 23, 2010, the Estate of Sol Goldman, Deceased, the executors of which are Jane H. Goldman, Allan H. Goldman and Louisa Little, sold the 271,200 shares of Common Stock it previously owned to the Lillian Goldman Marital Trust, the trustees of which are Jane H. Goldman, Allan H. Goldman and Louisa Little.  After giving effect to this transaction, the Estate of Sol Goldman no longer holds any shares of Common Stock, and the Lillian Goldman Marital Trust owns 271,200 of Common Stock.  Other than the foregoing transaction, none of the Reporting Persons has effected any transactions in shares of Common Stock during the past 60 days.

Item 7.

Material to be Filed as Exhibits.

Item 7 is hereby supplemented as follows:

Exhibits:

3.                                       Joint Filing Agreement among the Reporting Persons

4.                                       Purchase and Sale Agreement, dated November 23, 2010, by and among Jane H. Goldman, Allan H. Goldman, and Louisa Little, as Executors of the Estate of Sol Goldman and Jane H. Goldman, Allan H. Goldman, and Louisa Little, as Trustees of the Lillian Goldman Marital Trust

DATED:  January 10, 2011

JANE H. GOLDMAN, as Co-Executrix of the Estate of Sol Goldman, Deceased, as Co-Trustee of the Lillian Goldman Marital Trust and as Co-Executrix of the Estate of Lillian Goldman, Deceased

/s/ Jane H. Goldman

ALLAN H. GOLDMAN, as Co-Executor of the Estate of Sol Goldman, Deceased, as Co-Trustee of the Lillian Goldman Marital Trust and as Co-Executor of the Estate of Lillian Goldman, Deceased

/s/ Allan H. Goldman

LOUISA LITTLE, as Co-Executrix of the Estate of Sol Goldman, Deceased and as Co-Trustee of the Lillian Goldman Marital Trust

/s/ Louisa Little

AMY P. GOLDMAN, as Co-Executrix of the Estate of Lillian Goldman, Deceased

/s/ Amy P. Goldman

DIANE GOLDMAN KEMPER, as Co-Executrix of the Estate of Lillian Goldman, Deceased

/s/ Diane Goldman Kemper

LILLIAN GOLDMAN MARITAL TRUST

By:

/s/ Jane H. Goldman

  Jane H. Goldman, Trustee

By:

/s/ Allan H. Goldman

  Allan H. Goldman, Trustee

By:

/s/ Louisa Little

 Louisa Little, Trustee