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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 17, 1995
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Vinland Property Trust
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(Exact name of registrant as specified in its charter)
California 0-8003 94-2432628
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File No.) Identification No.)
3878 Oak Lawn, Suite 300, Dallas, Texas 75219
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (214) 522-9910
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(Former name or former address, if changed since last report)
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Item 5. OTHER EVENTS.
On May 17, 1995, the Board of Trustees of Vinland Property Trust (the
"Trust") elected Chester Beck and Michael E. Smith to the Board of Trustees.
Messrs. Beck (President of Highland Funding Corp., a mortgage brokerage firm)
and Smith (a trustee from October 1988 to August 1991, an attorney and
Assistant Professor of Law effective August 1995 of the University of
Wisconsin, Madison, Wisconsin) were elected to vacancies on the Board of
Trustees in anticipation of the resignations described in Item 6 below.
William S. Friedman, John A. Doyle and Willie K. Davis continue as trustees and
the number of members who constitute the whole Board of Trustees has been
reduced to five, after giving effect to the resignations described in Item 6
below.
Item 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
On May 17, 1995, at a special meeting of the Board of Trustees, and
following the election of two new trustees, Dan L. Johnston (a trustee since
December 1992), Raymond V. J. Schrag (a trustee since October 1988), and Carl
V. Weisbrod (a trustee since February 1994) resigned as trustees of the Trust.
Each of such individuals had previously determined not to stand for re-election
as trustees at the time of the next Annual Meeting of Shareholders. None of
Mr. Johnston, Mr. Schrag nor Mr. Weisbrod has furnished the Trust with any
letter describing any disagreement with the Trust on any matter relating to the
Trust's operations, policies or practices.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits. None.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
VINLAND PROPERTY TRUST
(Registrant)
By /s/ KATIE JACKSON
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Katie Jackson, Vice President and
Chief Accounting Officer
Dated: May 22, 1995
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