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 November 6, 1998
AMRECORP REALTY FUND III
(Exact name of registrant as specified in its charter)
WISCONSIN 33-00152 75-2045888
(State or other (Commission (IRS Employer
jurisdiction of file number) Identification Number)
incorporation or
organization)
6210 Campbell Road Suite 140
Dallas, Texas 75248
(Address of principal executive offices)
Registrant's telephone number, including area code: (972)
380-8000.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
On November 6, 1998, the General Partner, on behalf of
Amrecorp Realty Fund III, approved the recommendation to (i)
engage Farmer, Fuqua, Hunt & Munselle, P.C. as the
independent accountants for Amrecorp Realty Fund III and
(ii) dismiss Deloitte & Touche LLP as such independent
accountants.
During the two fiscal years ended December 31, 1997 and the
subsequent interim period through November 6, 1998, (i)
there were no disagreements with Deloitte & Touche LLP on
any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedures, which
disagreements if not resolved to its satisfaction would have
caused it to make reference in connection with its report to
the subject matter of the disagreement, and (ii) Deloitte &
Touche LLP has not advised the registrant of any reportable
events as defined in paragraph (A) through (D) of Regulation
S-K Item 304 (a) (1) (v).
The accountants' report of Deloitte & Touche LLP on the
financial statements of Amrecorp Realty Fund III as of and
for the years ended December 31, 1997 and 1996 did not
contain any adverse opinion or disclaimer of opinion, and
was not qualified or modified as to uncertainty, audit
scope, or accounting principles.
A letter from Deloitte & Touche LLP is attached as Exhibit
A.
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 thereunto
duly authorized.
AMRECORP REALTY FUND III
a Texas limited partnership
By: /s/ Robert J. Werra
Robert J. Werra,
General Partner
Date: November 6, 1998
Deloitte & Touche
Deloitte & Touche LLP
Telephone: (214) 777-7000
Suite 1600
Chase Tower
2200 Ross Avenue
Dallas, Texas 75201-6778
November 6, 1998
Mr. David Bower
Chief Financial Officer
Amrecorp Realty Fund III
6210 Campbell Road, Suite 140
Dallas, Texas 75248
Dear Mr. Bower:
This is to confirm that the client-auditor relationship
between Amrecorp Realty Fund III (Commission File No. 33-
00152) and Deloitte & Touche LLP has ceased.
Yours truly,
/s/ Deloitte & Touche
cc: Office of the Chief Accountant SECPS Letter File
Securities and Exchange Commission Mail Stop 9-5
450 5hStreet, N.W.
Washington, D.C. 20549
Mr. Robert Werra
Chief Executive Officer
Mr. John Werra
Chairperson of the Finance Committee
Deloitte & Touche
Tohmatsu
