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) December 1, 1998
__________________________
ALICO, INC.
_______________________________________________________________
(Exact name of registrant as specified in its charter)
Florida 0-261 59-0906081
___________________________________________________________________________
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
Post Office Box 338, La Belle, Florida 33975
_______________________________ _______________
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 941/675-2966
______________
Item 5. Other Events.
(A) Annual Meeting of Shareholders of Alico, Inc. on December 1, 1998:
(1) All directors listed in the proxy statement, namely, Richard C. Ackert,
Jefferson C. Barrow, Jr., William L. Barton, Walker E. Blount, Jr., Ben
Hill Griffin, III, Ben Hill Griffin, IV, K. E. Hartsaw, W. Bernard Lester
and Thomas E. Oakley were re-elected.
(2) Approval of Alico, Inc. Incentive Equity Plan.
(B) Board of Directors Meeting
(1) At the meeting of the Board of Directors immediately following the
Annual Meeting of Shareholders the following officers were elected.
Chairman of the Board and
Chief Executive Officer Ben Hill Griffin, III
Vice Chairman of the Board Thomas E. Oakley
President and Chief Operating Officer W. Bernard Lester
Vice President, Chief Financial
Officer, Treasurer and Assistant
Secretary L. Craig Simmons
Vice President, Ranch Division B. Wade Grigsby
Vice President, Sugarcane and
Special Crops Division John T. Brantley
Controller and Assistant Treasurer Patrick W. Murphy
Secretary Billie Jo Gaskins
Assistant Secretary Jefferson C. Barrow, Jr.
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.
ALICO, INC.
(Registrant)
W. BERNARD LESTER
DECEMBER 4, 1998 By______________________________________
___________________________ W. Bernard Lester, President
Date
