UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
(Rule
13d-101)
INFORMATION
TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE
13d-2(a)
(Amendment
No. 1)
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GENERAL
FINANCE CORPORATION
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(Name
of Issuer)
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Common
Stock
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(Title
of Class of Securities)
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369822101
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(CUSIP
Number)
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John
O. Johnson
450
North Brand Avenue, Suite 648
Glendale,
CA 91203
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(Name;
Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
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May
30, 2008
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(Date
of Event which Requires Filing of this Statement)
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1.
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Name of
Reporting Person
John
O. Johnson
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I.R.S.
Identification No. of Above Persons (entities only)
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____________________
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2.
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Check
the Appropriate Box if a Member of a Group (See
Instructions)
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(a)
o
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(b)
o
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3.
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SEC
Use Only
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4.
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Source
of Funds (See Instructions)
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PF
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5.
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Check
if Disclosure of Legal Proceedings is Required
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o
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Pursuant
to Items 2(d) or 2(e)
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6.
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Citizenship
or Place of Organization
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United
States
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7.
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Sole
Voting Power
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665,617
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Number
of
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8.
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Shared
Voting Power
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Shares
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-0-
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Beneficially
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Owned
by
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9.
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Sole
Dispositive Power
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Each
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665,617
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Reporting
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Person
With
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10.
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Shared
Dispositive Power
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-0-
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11
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Aggregate
Amount Beneficially Owned by Each Reporting Person
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665,617
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12
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Check
Box if the Aggregate Amount in Row (11) Excludes
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o
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Certain
Shares (See Instructions)
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13
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Percent
of Class Represented by Amount in Row (11)
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4.7%
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14
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Type
of Reporting Person (See Instructions)
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IN
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ITEM
3.
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SOURCE
AND AMOUNT OF FUNDS OR OTHER
CONSIDERATION
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ITEM
7.
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MATERIAL
TO BE FILED AS EXHIBITS.
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Date:
June 3, 2008
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/s/
JOHN O. JOHNSON
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John
O. Johnson
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