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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OF 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: DECEMBER 3, 1998
DATE OF EARLIEST EVENT REPORTED: NOVEMBER 23, 1998
KENILWORTH SYSTEMS CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
NEW YORK 0-08962 13-2610105
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(STATE OR OTHER (COMMISSION FILE NO.) (IRS EMPLOYER
JURISDICTION IDENTIFICATION
OF INCORPORATION) NUMBER)
54 KENILWORTH ROAD
MINEOLA, NY 11501
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ADDRESS OF PRINCIPAL EXECUTIVE OFFICE (ZIP CODE)
(REGISTRANT'S TELEPHONE NUMBER,
INCLUDING AREA CODE) (516) 741-1352
80 RULAND ROAD, MELVILLE, NY 11747
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(FORMER ADDRESS CHANGED FROM LAST REPORT)
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ITEM 1. KENILWORTH SYSTEMS CORPORATION EMERGES FROM CHAPTER 7
On September 23, 1998 the Registrant, Kenilworth Systems
Corporation ("Kenilworth" or the "Company") emerged from Chapter 7
bankruptcy proceedings, when the Trustee for the Kenilworth Estate
paid, in cash, one hundred percent (100%) of all approved creditor
claims, administration fees and expenses out of the $4,424,056
proceeds from the sale of substantially all of the assets of the
Kenilworth Estate, recoveries of receivables and interest income.
ITEM 6. OTHER EVENTS
Kenilworth resumed operations planning to develop "Roulabette"
a wagering system for casino table games that heretofore has not
been available.
The Company has set January 20, 1999 as the first Meeting of
Shareholders at the Holiday Inn - Westbury since 1988.
ITEM 7. KENILWORTH SYSTEMS CORPORATION FILES 10-K
On December 3, 1998 Kenilworth filed with the SEC the first
Report on Form 10-K since having been converted to a Chapter 7
Bankruptcy Liquidation on February 5, 1991.
SIGNATURES
Pursuant to the requirements o the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereto duly authorized.
KENILWORTH SYSTEMS CORPORATION
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Registrant
Herbert Lindo
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Herbert Lindo, President
Dated: December 2, 1998
