FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * MAGNOLIA CAPITAL PARTNERS, LLC   2. Issuer Name and Ticker or Trading Symbol Atlas Financial Holdings, Inc. [AFH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 15 E. 5TH STREET, SUITE 3200 3. Date of Earliest Transaction (Month/Day/Year) 07/14/2014 (Street) TULSA, OK 74103 4. If Amendment, Date Original Filed(Month/Day/Year) 07/16/2014 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price COMMON STOCK (1) (2) 07/14/2014   S   6,500 (2) D $ 14.68 1,245,135 (2) D   COMMON STOCK (1) (3) 07/14/2014   S   500 D $ 14.69 1,244,635 D   COMMON STOCK 07/14/2014   S   3,354 D $ 14.7 1,241,281 (4) D   COMMON STOCK (1) (5) 07/14/2014   S   318 D $ 14.75 1,240,963 D   COMMON STOCK (1) (6) 07/14/2014   S   300 D $ 14.78 1,240,663 D   COMMON STOCK (1) (7) 07/14/2014   S   800 D $ 14.8 1,239,863 D   COMMON STOCK (1) (8) 07/14/2014   S   1,200 D $ 14.8158 1,238,663 (9) D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MAGNOLIA CAPITAL PARTNERS, LLC 15 E. 5TH STREET, SUITE 3200 TULSA, OK 74103		X
ELLBAR PARTNERS MANAGEMENT, LLC 15 E 5TH STREET-SUITE 3200 TULSA, OK 74103		X
Adelson James F 15 EAST 5TH STREET, SUITE 3200 TULSA, OK 74103		X
Heyman Stephen J 15 EAST 5TH STREET, SUITE 3200 TULSA, OK 74103		X

Signatures

PAULA L SKIDMORE, ATTORNEY-IN-FACT FOR REPORTING PERSONS		07/18/2014
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The Form 4, as originally filed, improperly reported the sale of shares on an aggregate basis at Lines 1, 3 and 4 of Table I. The Form 4, as amended by this Form 4/A, correctly reports the number of shares sold at each price on separate lines. The Form 4 as originally filed is hereby amended to delete Lines 3 and 4 in Table I.
(2)	This line is amended to show correct the total number of shares sold at $14.68 and the number of shares beneficially owned following this transaction.
(3)	This line is added to show the total number of shares sold at $14.69.
(4)	Amended to reflect the number of shares beneficially owned following this transaction.
(5)	This line is added to show the total number of shares sold at $14.75.
(6)	This line is added to show the total number of shares sold at $14.78.
(7)	This line is added to show the total number of shares sold at $14.80.
(8)	This line is added to show the total number of shares sold at $14.8158.
(9)	The amount of securities beneficially owned following all transactions reported on the Form 4, as amended by this Form 4/A, remains 1,238,663 as shown on Line 4 in Table I of the Form 4 originally filed 07-16-2014.
Remarks: This form is filed as an amendment in order to amend transactional information already disclosed on Table I of the Form 4 filed 07-16-2014. This is a joint filing by Magnolia Capital Partners, LLC ("MCP"), Ellbar Partners Management, LLC ("EPM"), James F. Adelson and Stephen J. Heyman. EPM is the sole manager of MCP. Messrs. Adelson and Heyman are the joint managers of EPM. EPM, and Messrs. Adelson and Heyman disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.

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