SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
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, 1997
HUTTON/CONAM REALTY INVESTORS 3
(Exact name of registrant as specified in its charter)
California 0-11769 13-3176625
State or other jurisdiction Commission IRS Employer
of incorporation File Number Identification No.
1764 San Diego Avenue
San Diego, CA 92110 Attn.: Robert J. Svatos 92110-1906
Address of principal executive offices Zip Code
Registrant's telephone number, including area code (619) 297-6771
Item 4. Changes in Registrant's Certifying Accountants
Effective December 1, 1997, the Registrant advised Coopers & Lybrand that it
was changing accounting firms and engaged KPMG Peat Marwick.
Coopers and Lybrand report on the financial statements for the years ended
December 31, 1995 and December 31, 1996 contained no adverse opinion or
disclaimer of opinion and was not qualified as to uncertainty, audit scope or
accounting principles. There have been no disagreements with Coopers and
Lybrand on any matters of accounting principles or practices, financial
statement disclosure, or auditing scope procedure.
A letter from Coopers & Lybrand stating their agreement with the information
disclosed above is included as Exhibit 16.1 to this filing.
The decision to change accountants was approved by ConAm Property Services IV,
Ltd. and RI 3-4 Real Estate Services, Inc., the General Partners of the
Registrant.
Item 7. Financial Statements and Exhibits
(c) Exhibit 16.1
December 15, 1997
Securities and Exchange Commission
450 50th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read the statements by Hutton/ConAm Realty Investors 3, which we
understand will be filed with the Commission, pursuant to Item 4 of Form 8-K,
as part of the Partnership's Form 8-K report for the month of December 1997. We
agree with the statements concerning our Firm in such Form 8-K.
/s/Coopers & Lybrand L.L.P.
Coopers & Lybrand L.L.P.
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.
CONAM PROPERTY SERVICES IV, LTD
General Partner of Hutton/ConAm Realty
Investors 3
BY: CONTINENTAL AMERICAN DEVELOPMENT, INC.
General Partner
Date: December 17, 1997 BY: /s/Daniel J. Epstein
Director, President, and Principal
Executive Officer
Date: December 17, 1997 BY: /s/Robert J. Svatos
Chief Financial Officer