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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 October 29, 1997
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CALCASIEU REAL ESTATE & OIL CO., INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Louisiana 72-0144530
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
One Lakeside Plaza
Lake Charles, LA 70601
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (318) 494-4256
Item 2. Acquisition or Disposition of Assets.
2. On October 29, 1997, Calcasieu Real Estate and Oil Co., Inc. purchased
3,496 acres of land in Cameron Parish, Louisiana, from Amoco Production
Company for $1,663,000. There is no material relationship between Amoco
Production Company and the registrant or any of its affiliates, any
director or officer of the registrant, or any associate of any such
director or officer. Registrant sold U. S. Treasury notes and used cash on
deposit for $813,000 of the purchase price and borrowed $850,000 from First
National Bank of Lake Charles. The property acquired was leased by Amoco
for agricultural purposes. Registrant intends to continue such use.
SIGNATURE
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.
Calcasieu Real Estate and Oil Co., Inc.
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(Registrant)
Date November 7, 1997 /s/ Arthur Hollins, III
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Arthur Hollins, III, President
