SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON THE NASDAQ STOCK
MARKETSSM
Filed Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 and Rule 13a-17 or 15d-17 thereunder
LONESTAR HOSPITALITY CORPORATION
(Exact name of registrant as specified in charter)
3131 Turtle Creek Blvd., Suite 1301, Dallas, Texas 75219
(Address of Principal Executive Offices)
Registrant's telephone number, including area code:(214) 520-9292
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the
number of shares outstanding:
1. Title of security: Common Stock, par value $.01
2. Number of shares outstanding before the change: 5,874,121
3. Number of shares outstanding after the change: 8,811,181
4. Effective date of change: February 2, 1996
5. Method of change: Stock dividend
6. Give brief description of transaction: One-for-two stock
dividend (equivalent
to three-for-two
stock split)
II. CHANGE IN NAME OF ISSUER
1. Name prior to change: N/A
2. Name after change: N/A
3. Effective date of charter amendment changing name: N/A
4. Date of shareholder approval of change, if required: N/A
Date: March 22, 1996 LONESTAR HOSPITALITY CORPORATION
BY: /s/ Steven B. Solomon
Steven B. Solomon, Chief Operating Officer and
Secretary
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