SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
OR 15d-17 THEREUNDER
LADD Furniture, Inc.
(Exact name of issuer as specified in charter)
One Plaza Center, Box HP-3, High Point, North Carolina 27261-1500
(Address of principal executive offices)
Issuer's telephone number, including area code (910) 889-0333
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or
more in the number of shares outstanding:
1. Title of security Common Stock - $.10 par value ($.30 par
value upon effectiveness of reverse stock split).
2. Number of shares outstanding before the change 23,171,799
3. Number of shares outstanding after the change 7,723,933
4. Effective date of change May 16, 1995
5. Method of change: Specify method (such as merger,
acquisition, exchange, distribution,
stock split, reverse split, acquisition
of stock for treasury, etc.)
Reverse Stock Split
Give brief description of transaction On May 12, 1995 the
shareholders approved a one-for-three reverse stock split of the
presently issued and outstanding shares of common stock. No
fractional shares will be issued. In lieu thereof, shareholders
will receive one additional share for a fractional share
resulting from the reverse stock split.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change
2. Name after change
3. Effective date of charter amendment changing name
4. Date of shareholder approval of change, if required
Date May 12, 1995 s/William S. Creekmuir, Senior Vice President and CFO
(Officer's signature and title)
