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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
THIS CONFORMING PAPER FORMAT DOCUMENT
IS BEING SUBMITTED PURSUANT TO RULE
901(d) OF REGULATION S-T
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) August 1, 1994
..............................
National Income Realty Trust
................................................................................
(Exact name of registrant as specified in its charter)
California 0-9211 94-2537061
................................................................................
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File No.) Identification No.)
3878 Oak Lawn, Suite 300, Dallas, Texas 75219
...............................................................................
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (214) 522-9910
............................
...............................................................................
(Former name or former address, if changed since last report)
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Item 6. Resignations of Registrant's Directors.
By separate letters, each dated August 1, 1994, Bennett B. Sims and Ted P.
Stokley resigned as members of the Board of Trustees of National Income Realty
Trust (the "Trust"). Each individual had been a Trustee since April 1990 and
each is currently a member of the Board of Trustees of Continental Mortgage and
Equity Trust, which owns approximately 2.3% of the outstanding shares of the
Trust. Each of Messrs. Sims and Stokely have advised that his resignation is
tendered in order to avoid any future potential conflict of interest. Neither
Mr. Sims nor Mr. Stokley 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.
NATIONAL INCOME REALTY TRUST
(Registrant)
By /s/ KATIE JACKSON
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Katie Jackson, Vice President and
Chief Accounting Officer
Dated: August 15, 1994
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