FORM 8-K
(As last amended in Release No. 33-7505, effective January 1, 1999,
63 F.R. 9632)
SECURTIES EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act 1934
Date of Report (Date of earliest event reported) SEPTEMBER 24, 1999
(Exact name of registrant as specified in it's charter)
AMERI-CAN RAILWAY SYSTEMS, INCORPORATED
(State or other jurisdiction (Commission file (IRS Employer
of incorporation) Number) Identification No.)
NEW HAMPSHIRE 0-25967 14-1805077
(Address of principal executive offices) (Zip code)
100 WALNUT STREET CHAMPLAIN, NEW YORK 12919
518-298-2042
Registrant's telephone number, Including area code
NO CHANGE SINCE LAST REPORT
( Former name or former address, if changed since last report. )
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Item 4. Changes in Registrant's Certifying Accountants
The Registrant's audit committee determined it would be in the
best interests of the Registrant to engage a national accounting
firm to audit its financial statements. A resolution was passed
by the board on September 23, 1999 to accept the recommendation
and dismiss Feldhammer/Fishman and a motion was passed by the
board to allow the audit committee to start negotiations to
engage a new accounting firm.
The former accountant resigned as of September 24, 1999.
Since inception of the company and any subsequent interim
period prior to the dismissal of Feldhammer/Fishman, there
were not any disagreements with the former accountant on any
manner or practices. There were no reports on the financial
statements of the Registrant containing any adverse opinion, or
disclaimer of opinion, no such reports were qualified or modified
as to uncertainty, or accounting principals, or financial
statement disclosure, or auditing scope of procedure. The company
has authorized the former accountant to respond fully to the
inquiries of the successor accountant concerning the subject
matter.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
(Registrant)
AMERI-CAN RAILWAY SYSTEMS, INCORPORATED
Date: September 24, 1999 (Signature)
By: Sydney A. Harland
------------------------
Sydney A. Harland
Chairman & CEO.
<PAGE>
Exhibit
Number Description
16 Letter from Feldhammer / Fishman , the Registrant's
former independent accountant to Ameri-can Railway
Systems, Incorporated.
16 Letter form Feldhammer / Fishman, sent to the
Securities Exchange Commission.
F E L D H A M M E R
F I S H M A N
C 0 M P T A B L E S A G R E E S
C H A R T E R E D A C C 0 U N T A N T S
To the Directors of Ameri-Can Railway Systems Incorporated,
September 24, 1999
Mr. Sydney Harland
Chairman & CEO
100 Walnut Street
Champlain, New York
12919
Dear Mr. Harland:
This is to confirm that the client-auditor relationship between Ameri-
can Railway Systems, Incorporated ( Commission File Number 0-25967 )
and Feldhammer / Fishman has ceased.
Sincerely,
/s/ Feldhammer Fishman
Feldhammer Fishman S.E.N.C.
5050 De Sorel, Suite 110, Montreal, Quebec, Canada H4P 1G5
Tel. (514) 735-5375 Fax: (514) 738-8137 Internet: [email protected]
F E L D H A M M E R
F I S H M A N
C 0 M P T A B L E S A G R E E S
C H A R T E R E D A C C 0 U N T A N T S
To the Directors of Ameri-Can Railway Systems Incorporated,
September 24, 1999
Securities and Exchange Commission
450 5th Street N.W.
Washington, D.C. 20549
Gentleman:
We have been furnished with a copy of the response to item 4 of Form 8-K
for the event that occurred on September 24, 1999, to be filed by
our former audit client, Ameri-can Railway Systems, Incorporated. We
agree with the statements made in response to that item insofar as
they relate to our Firm.
Very truly yours,
/s/ Feldhammer Fishman
Feldhammer Fishman S.E.N.C.
5050 De Sorel, Suite 110, Montreal, Quebec, Canada H4P 1G5
Tel. (514) 735-5375 Fax: (514) 738-8137 Internet:[email protected]
