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
Date of Report (Date of earliest event reported):
November 3, 2000
----------------
NORTH EUROPEAN OIL ROYALTY TRUST
------------------------------------------------------
(Exact name of Registrant as specified in its charter)
Commission File No. 1-8245
Delaware 22-2084119
----------------------- -----------------------
(State of organization) (IRS Employer I.D. No.)
Suite 19A, 43 West Front Street, Red Bank, N.J. 07701
---------------------------------------------------------------
(Address of principal executive offices)
732-741-4008
---------------------------------------------------
(Registrant's telephone number including area code)
This report consists of 5 pages.
The Exhibit Index is located on page 4.
-2-
Item 5. Other Materially Important Event.
---------------------------------
The Trustees of North European Oil Royalty Trust at their
meeting on October 26, 2000 accepted the resignation of
Robert J. Castle from his position as Trustee.
-3-
Item 7. Financial Statements and Exhibits
---------------------------------
(c) Exhibits
--------
Exhibit 99.1. Press release dated
November 3, 2000 and distributed
over PR Newswire
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.
NORTH EUROPEAN OIL ROYALTY TRUST
--------------------------------
(Registrant)
By: /s/ John R. Van Kirk
------------------------
John R. Van Kirk
Managing Director
Dated: November 3, 2000
-4-
EXHIBIT INDEX
-------------
Page
Exhibit 99.1. Press release dated 5
November 3, 2000.
-5-
Exhibit 99.1
PR NEWSWIRE
NORTH EUROPEAN OIL ROYALTY TRUST
ANNOUNCES THE RESIGNATION OF
ROBERT J. CASTLE, TRUSTEE
RED BANK, N.J. November 3, 2000 -- The Trustees of North European
Oil Royalty Trust (NYSE-NET) announced today that with great regret they
have accepted the resignation of Robert J. Castle as Trustee of the Trust.
Due to a lingering illness Mr. Castle found himself unable to continue to
fulfill his role and duties as Trustee and tendered his resignation.
In accepting his resignation the Trustees acknowledged his long
service which began in 1965 as a director of North European Oil Company, the
Trust's predecessor, and continued through the establishment of the Trust in
1975 and finally ended in the Trust's 2000 fiscal year. John R. Van Kirk,
Managing Director of the Trust, stated that "his business acumen, wise
counsel and quiet humor will be missed by everyone involved with the Trust."
While the terms of the Trust Agreement specify only that "There
shall be not more than five individuals, ..., serving as Trustees...", the
Trustees have taken the first steps in their search for a replacement for
Mr. Castle, acknowledging the importance of ensuring the ongoing continuity
of the Trust.
For further information on this release contact --
John H. Van Kirk, Managing Trustee or John R. Van Kirk, Managing Director,
at (732) 741-4008.
