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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
For the month of September, 1995
ISRAMCO, INC.
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(Exact name of registrant as specified in charter)
Delaware
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(State of Incorporation)
800 Fifth Avenue, New York, New York 10021 Suite 21-D
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(Address of principal executive offices)
212-888-0200
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(Telephone number)
0-12500 13-3145265
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Commission File No. IRS Employer ID No.
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Item 5. Other Material Events.
William W. Houck has resigned as President and a director of Isramco,
Inc. effective September 26, 1995. A copy of his resignation letter to the
Company is attached hereto and made a part hereof as Exhibit A.
Dr. Joseph Elmaleh, the Chairman of the Board and Chief Executive
Officer has been elected President of the Company effective as of September 26,
1995.
Item 7. Exhibits.
Exhibit A - Resignation Letter of William W. Houck.
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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.
Isramco, Inc.
(registrant)
September 27, 1995 By: /s/ JOSEPH ELMALEH
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(date) Joseph Elmaleh
Chairman of the Board
Chief Executive Officer
Chief Financial Officer
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EXHIBIT INDEX
Exhibit A - Resignation Letter of William W. Houck.
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Exhibit A
[WILLIAM W. HOUCK Letterhead]
Dr. J. Elmaleh,
Chairman of the Board
Chief Executive Officer
Isramco, Inc.
I hereby submit my resignation as President and as a Member of the Board of
Directors of Isramco, Inc. effective 5 p.m. September 26, 1995.
As you may recall, this matter was discussed with you in January, 1995, as it
was my desire to remove my name from the list of nominees for the Board to be
elected in July, 1995. It was then, as well as now, my desire to take full
retirement, and I have prevsiously terminated all my other affiliations as an
officer and/or Director of the other companys involved.
Reference is made to the Employment Agreement between Isramco, Inc. and me
dated March 1, 1985. This is a further notification of the exercise of my
option to terminate such Agreement according to paragraph 5, of such agreement,
effective 30 days from the date of this letter.
/s/ William W. Houck
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William W. Houck
