<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) September 7, 2000
------------------------------
The St. Joe Company
-------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Its Charter)
Florida
-------------------------------------------------------------------------------
(State or Other Jurisdiction of Incorporation)
1-10466 59-0432511
-------------------------------------------------------------------------------
(Commission File Number) (IRS Employer Identification No.)
1650 Prudential Drive, Suite 400, Jacksonville, FL 32207
-------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(904) 396-6600
-------------------------------------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
N/A
-------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
<PAGE> 2
ITEM 5. OTHER EVENTS
The purpose of this Form 8-K is to file a press release, dated
September 7, 2000, announcing the receipt by The St. Joe Company (the
"Company") of a favorable Ruling from the Internal Revenue Service
relating to the tax free status of the proposed recapitalization of
Florida East Coast Industries, Inc. ("FEC") and a pro-rata spin-off of
the Company's 54 percent equity interest in FEC to the Company's
shareholders. A copy of the press release is filed herewith as Exhibit
99.1 and is hereby incorporated by reference to this Item 5.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press release, dated September 7, 2000, issued by The St.
Joe Company.
<PAGE> 3
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.
THE ST. JOE COMPANY
Dated: September 12, 2000 By: /s/ Robert M. Rhodes
----------------------------------------
Name: Robert M. Rhodes
Title: Executive Vice President and
General Counsel
EXHIBITS
<TABLE>
<CAPTION>
Exhibit Number Exhibit Title
-------------- -------------
<S> <C>
99.1 Press release, dated September 7, 2000, issued by The St. Joe
Company.
</TABLE>
