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) March 31, 1998
TEECO PROPERTIES L.P.
(Exact name of registrant as specified in its charter)
Commission file number 0-8779
Delaware 13-2954060
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
520 Madison Avenue, New York, NY 10022
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area (212) 715-0300
Item 5. Other Events
As indicated in the Annual Report on Form 10-K for the year ended
December 31, 1997, Teeco Properties L.P. ("Teeco") has ceased operations
effective March 31, 1998. As of March 31, 1998, Teeco had no material
assets. As a result, there is no likelihood that Teeco's unitholders
will receive any distribution with respect to their units. Moreover,
Teeco is in the process of preparing and filing its final federal, state
and local tax returns. Given the foregoing and consistent with the
principles enunciated in Release 9660 under the Securities Exchange Act
of 1934 (the "1934 Act"), Teeco has determined to suspend filing periodic
reports under the 1934 Act. If further material developments occur,
Teeco will file a report on Form 8-K to describe such developments.
Filings with the Nasdaq Stock Market will also be suspended.
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.
TEECO PROPERTIES L.P.
(Registrant)
Signatures Title Date
--------------------- ---------------- ------------------
/S/ JERRY I. SPEYER Managing General July 10, 1998
--------------- Partner
Jerry I. Speyer
/S/ DAVID AUGARTEN Chief Financial July 10, 1998
----------------- Officer
David Augarten
