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
Securities and Exchange Commission
Mail Stop 9-5
450 5th Street N.W.
Washington, D.C.20549
Dear Sirs/Madams:
We have read and agree with the comments in Item 4 of Form 8-K of
Amrecorp Realty Fund III (Commission File No. 33-
00152) dated November 6, 1998.
Yours truly,
/s/ Deloitte & Touche
Deloitte & Touche
Tohmatsu
