DIXIE NATIONAL CORP
10-C, 1996-04-11
LIFE INSURANCE
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                      SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC 20549

                                   FORM 10-C

                REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                         INTERDEALER QUOTATION SYSTEM
                 FILED PURSUANT TO SECTION 13D OR 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
                             OR 15d-17 THEREUNDER

                          Dixie National Corporation
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                (Exact name of issuer as specified in charter)

             107 The Executive Center Hilton Head Island, SC 29928
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                   (Address of principal executive offices)

 Issuer's telephone number, including area code  803-785-7850
                                                -----------------------------


                   I. CHANGE IN NUMBER OF SHARES OUTSTANDING

 Indicate any change  (increase  or  decrease)  of five percent or more in the
 number of shares outstanding:

1.  Title of security  Common Stock
                       -------------------------------------------------------
2.  Number of shares outstanding before the change  10,597,661
                                                    --------------------------
3.  Number of shares outstanding after the change   13,097,661
                                                    --------------------------
4.  Effective date of change  April 2, 1996
                              ------------------------------------------------
5.  Method of change:  Specify  method (such as merger,
    acquisition,  exchange,  distribution, stock split,
    reverse  split,  acquisition of stock for treasury,
    etc.)

                                  Acquisition
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 Give brief description of transaction  Acquisition of Text Retrieval Systems,
                                        --------------------------------------
 Inc. of Ponte Vedra Beach, Florida for stock.
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                         II. CHANGE IN NAME OF ISSUER

1.  Name prior to change
                         -----------------------------------------------------
2.  Name after change
                         -----------------------------------------------------
3.  Effective date of charter amendment changing name
                                                      ------------------------
4.  Date of shareholder approval of change, if required
                                                        ----------------------

Date  April 11, 1996                            /s/ G. Thomas Reed, President
- --------------------                            ------------------------------
                                                (Officer's signature and title)




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