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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 16, 1996
CROWELL & CO., INC.
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(Exact name of registrant as specified in its charter)
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GEORGIA 0-7765 58-1021933
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation) File Number) (Identification No.)
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432 SOUTH BELAIR ROAD, AUGUSTA, GA 30907
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(Address of Principal executive offices) (Zip Code)
Registrant's telephone number including area code: (706) 855-1099
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CROWELL & CO., INC.
INDEX
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ITEM 5 Other Events................................................. 3
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CROWELL & CO., INC.
ITEM 5. OTHER EVENTS
On December 16, 1996, Crowell & Co., Inc. ("Crowell"), sold its computer
software division, United Data Systems. Under the terms of the agreement,
Crowell received $80,000 in cash and a note receivable in the amount of
$120,000.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act, the registrant
has duly caused this report to be signed on its behalf by the undersigned,
hereunto duly authorized.
DATE December 16, 1996 /s/ Mark L. Gilliam
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Mark L. Gilliam as Vice President on
Behalf of the registrant and as Chief
Financial Officer
