FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
CURRENT REPORT PURSUANT SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: August 27, 1997
Commission File No. 0-10585
Mid Am, Inc.
(Exact Name of Registrant as Specified in its Charter)
Ohio 34-1580978
(State of Other Jurisdiction of (IRS Employer
Incorporation or Organization) Identification Number)
221 South Church Street, Bowling Green, Ohio 43402
(Address of Principal Executive Office) (Zip Code)
(419) 327-6300
(Registrant's Telephone Number)
<PAGE> 2
ITEM 5: OTHER EVENTS
Mid Am, Inc. (the "Registrant") and its subsidiary MFI
Investments Corp. ("MFI") have prevailed in the previously
disclosed securities arbitration.
On August 26, 1997, the NASD Office of Dispute Resolution issued
its Award in the matter of Arbitration between MFI and Montserat
LL. Izquierdo, Mount Regent Ltd., Tamara Investments Ltd. and
Eduardo Mata Productions, Pension Plan (the "Claimants") (NASD
Arbitration number 95-05733).
The panel of NASD arbitrators denied, with prejudice, all claims
and allegations of the Claimants in their entirety.
Mid Am, Inc. has previously described the specific allegations in
the pending arbitration in Part II, Item 1 of various Reports
filed in 1996 and 1997 under the Securities Exchange Act of 1934
and in the footnotes to its audited financial statements.
<PAGE> 3
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.
MID AM, INC.
Registrant
W. Granger Souder
Executive Vice President / General Counsel
Date: August 27, 1997