FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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 26, 1996
CHANCELLOR CORPORATION
(Exact Name of Registrant as specified in its charter)
Massachusetts 0-11663 04-2626079
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
745 Atlantic Avenue, Boston, Massachusetts 02111
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (617) 728-8500
N/A
(Former name or former address, if changed since last report)
Item 4. Change of Accountants.
On December 26, 1996 the Company's accountants, Deloitte & Touche
L.L.P., advised the Company that the client-auditor relationship had
ceased.
There are no disagreements with the accountants as to matters of
accounting principles and practices, financial statement disclosure, or
auditing scope or procedure.
The Company received a "going concern" opinion in fiscal years 1994
and 1995.
The Company commenced soliciting bids from accountants in August,
1996 and expects to complete the selection process in the near future.
Item 7. Financial Statements, Pro Form Financial
Information and Exhibits
None
SIGNATURE
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.
CHANCELLOR CORPORATION
By: /s/ William J. Guthlein
William J. Guthlein
Vice President, Treasurer
and Chief Financial Officer
