CONTINENTAL INVESTMENT CORP /GA/
8-K, 1996-11-06
OPERATORS OF NONRESIDENTIAL BUILDINGS
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                                 UNITED STATES
                      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):
                               September 25, 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)


<PAGE>

ITEM 5:  OTHER EVENTS.

     The Company changed its accounting period to better reflect
the annual cycle of business activity. Previously, the Company's
fiscal year ended on September 30. However, effective September 30,
1996, the Company's year end has been changed to a calendar year
which will end on December 31. This will require a short-period tax
return to be filed for the period ending December 31, 1996.


                                 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 6, 1996

                                   CONTINENTAL INVESTMENT CORPORATION

                                   By: /S/ Thomas F. Snodgrass
                                       Thomas F. Snodgrass
                                       President and Treasurer



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