SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* GENDELL JEFFREY L ET AL (Last) (First) (Middle) 31 WEST 52ND ST 17TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 10/29/2003	3. Issuer Name and Ticker or Trading Symbol WESTMORELAND COAL CO [ WLB ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year) 11/10/2003
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,231,600	I(1)(2)(3)	See Footnotes(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series A Convertible Exchangable Preferred Stock	12/10/2003	12/31/2049	Common Stock	7,343	$25	I(1)(2)	See footnote(1)(2)

1. Name and Address of Reporting Person* GENDELL JEFFREY L ET AL (Last) (First) (Middle) 31 WEST 52ND ST 17TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* TONTINE PARTNERS L P (Last) (First) (Middle) 55 RAILROAD AVENUE 3RD FLOOR (Street) GREENWICH CT 06830 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* TONTINE OVERSEAS ASSOCIATES LLC (Last) (First) (Middle) 55 RAILROAD AVENUE 3RD FLOOR (Street) GREENWICH CT 06830 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* TONTINE MANAGEMENT LLC (Last) (First) (Middle) 55 RAILROAD AVENUE 3RD FLOOR (Street) GREENWICH CT 06830 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. This report is filed jointly by Jeffrey L. Gendell, Tontine Partners, L.P. ("TP"), Tontine Management, LLC ("TM") and Tontine Overseas Associates, L.L.C. ("TOA") all of whom owners. Mr. Gendell is the managing member of TM, a Delaware limited liability company, the general partner of TP, a Delware limited liability partnership. Mr. Gendell is also the managing member of TOA, a Delaware limited liability company, the investment adviser of Tontine Overseas Fund, Ltd., a Cayman Islands exempted company ("TOF").

2. Mr. Gendell directly owns 549,000 shares of Common Stock and indirectly owns 682,600 of Common Stock and indirectly owns 4,300 Depositary Shares of Series A Convertible Exchangable Preferred Stock ("Depositary Shares"). TP directly owns 446,070 shares of Common Stock and 4,300 of Depositary Shares. TM indiretly owns 446,070 of Common Stock and 4,300 of Depositary Shares. TOA indirectly owns 236,530 shares of Common Stock. Mr. Gendell, TM and TOA disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest.

3. The Form 3 filed on November 10, 2003 incorrectly stated Mr. Gendell's relationship status as director.

	/s/ Jeffrey L. Gendell	12/08/2003
	** Signature of Reporting Person	Date
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