WASHINGTON CORP
NTN 10Q, 1998-11-20
REAL ESTATE OPERATORS (NO DEVELOPERS) & LESSORS
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                     Form 12b-25.--NOTIFICATION OF LATE FILING
                                          
                                    FORM 12b-25
                                          
                                        SEC FILE NUMBER 1-7228
                                          
                                   UNITED STATES
                                          
                         SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C.  20549
                                          
(Check One):[  ]Form 10-K [  ]Form 10-KSB [  ]Form 11-K [ X ]Form 10-Q 
            [  ]Form N-SAR

For Period Ended:    September 30, 1998

[  ] Transition Report on Form 10-K
[  ] Transition Report on Form 20-F
[  ] Transition Report on Form 11-K
[X]  Transition Report on Form 10-Q
[  ] Transition Report on Form N-SAR

For the Transition Period Ended:

    Read Instruction (on back page) Before Preparing Form.  Please Print or Type

      Nothing in this Form shall be construed to imply that the Commission has
                     verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
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PART I--REGISTRATION INFORMATION

THE WASHINGTON CORPORATION
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Full Name of Registrant

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Former Name if Applicable

4650 EAST-WEST HIGHWAY, SUITE 251
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Address of Principal Executive Office (Street and Number)

BETHESDA, MD 20814
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City, State and Zip Code


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PART II-Rules 12b-25(b) and (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed.
(Check box if appropriate)

     a)   The reasons described in reasonable detail in Part III of this form
          could not be eliminated without reasonable effort or expense;
[ X ]

     b)   The subject annual report, semi-annual report, transition report on
          Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will be
          filed on or before the fifteenth calendar day following the prescribed
          due date; or the subject quarterly report of transition report on Form
          10-Q, or portion thereof will be filed on or before the fifth calendar
          day following the prescribed due date; and

     c)   The accountant's statement or other exhibit required by Rule 12b-25(c)
          has been attached if applicable.


PART III-NARRATIVE

State below in reasonable detail the reasons why the Form 10-K, 10-KSB, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period.  (Attach Extra Sheets if Needed)

          FINANCIAL STATEMENTS ARE STILL IN REVIEW; THE COMPANY IS CURRENTLY
LEARNING EDGAR DUE TO THE FACT THAT THE COMPANY HAS HAD A HARDSHIP EXEMPTION UP
UNTIL THIS POINT.


PART IV--OTHER INFORMATION

1)   Name and telephone number of person to contact in regard to this
     notification

     WILLIAM N. DEMAS                    301                 657-3640
- ------------------------             -----------         -----------------
        (Name)                       (Area Code)         (Telephone Number)

2)   Have all other periodic reports required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the preceding 12 months or for such shorter period that the
     registrant was required to file such report(s) been filed?  If answer is
     no, identify reports? 
                                                  [X]  Yes    [  ]  No

3)   Is it anticipated that any significant change in results of operations from
     the corresponding period for the last fiscal year will be reflected by the
     earnings statement to be included in the subject report or portion thereof?
                                                    [  ]  Yes     [X]  No


If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

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                            THE WASHINGTON CORPORATION
                    --------------------------------------------
                    (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.

Date    11/11/98
  --------------------------
By /s/ Geraldine Piatt
  --------------------------
  GERALDINE PIATT, SECRETARY

INSTRUCTION:  This form may be signed by an executive officer of the registrant
or by any other duly authorized representative.  The name and title of the
person signing the form shall be typed or printed beneath the signature.  If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

                                     ATTENTION
     Intentional misstatements or omissions of fact constitute Federal Criminal
                         Violations (see 18 U.S.C. 1001).



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