U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File No. 2-87738
CUSIP Number 525169
[ ] FORM 10-K [ ] FORM 20-F [ ] FORM 11-K [ x ] Form 10-Q
[ ] FORM N-SAR
For the Period Ended: December 31, 1997
Nothing in this form shall be construed to imply that the commission has
verified any information contained herein.
PART I - Registrant Information
Full Name of Registrant
T.H. Lehman & Co., Incorporated
Address of Principal Executive Office
4900 Woodway, Suite 650
City, State, and Zip Code
Houston, Texas 77056
PART II - Rules 12b-25 (b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail Part III of this form could not
be eliminated without unreasonable effort or expense;
(b)The subject annual report or semi-annual report/portion thereof will be
filed on or before the fifteenth calendar day following the prescribed due
date; or the subject quarterly report/portion thereof will be filed on or
before the fifth calendar day following the prescribed due date; and
(c)The accountant's statement or other exhibit required by rule 12b-25(c) has
been attached if applicable.
PART III - Narrative
State below in reasonable detail the reasons why the Form 10-K, 11-K, 20-F,
10-Q or N-SAR or portion thereof could not be filed within the prescribed time
period.
Certain required information is not available.
PART IV - Other Information
(1)Name and telephone number of person to contact in regard to this
notification:
Shannon C. Gries or Michael D. DiGiovanna
Secretary/Treasurer Registrant's Special Counsel
T.H. Lehman & Co., Inc. Parker, Duryee, Rosoff & Haft
4900 Woodway, Suite 650 529 Fifth Avenue
Houston, Texas 77056 New York, New York 10017
(713) 621-8404 (212) 599-0500
(2)Have all the periodic reports required under section 15 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of
1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed.
[ X ] Yes [ ] No
(3)Is it anticipated that any significant change in the results of operations
from the corresponding period for the last fiscal year will be reflected by
the earnings statement to be included in the subject report or portion
thereof.
[ ] Yes [ X ] No
If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
T.H. LEHMAN & CO., INC. has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
Date: February 13, 1998
By: /s/ Shannon C. Gries
Secretary/Treasurer
