UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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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):
September 30, 1996
CONTINENTAL INVESTMENT CORPORATION
(Exact name of registrant as specified in its charter)
Georgia 0-3743 58-0705228
(State or other (Commission (IRS Employer)
jurisdiction of File No.) Identification No.)
incorporation)
10254 MILLER ROAD, DALLAS, TEXAS 75238
(Address of principal executive offices)(Zip Code)
(214) 691-1100
(Registrant's telephone number, including area code)
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ITEM 5: OTHER EVENTS.
FIBER-SEAL Holdings, Inc., a wholly-owned subsidiary of Continental
Investment Corporation, has acquired all assets of the wholesale FIBER-SEAL
business, including the existing operations of FIBER-SEAL Services
International, Inc., a chemical product manufacturer, and of FIBER-SEAL
Dallas, a retail distributor of FIBER-SEAL brand products, for the total
consideration of issuance of promissory notes in the amount of One Million
One Hundred Fifty Thousand Dollars ($1,150,000.00).
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 thereunto duly authorized.
Dated: November 15, 1996
CONTINENTAL INVESTMENT CORPORATION
By: /S/ Thomas F. Snodgrass
Thomas F. Snodgrass
President and Treasurer
