F&M BANCORPORATION INC
10-C, 1996-06-14
STATE COMMERCIAL BANKS
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                          UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549


                            Form 10-C

         REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                  INTERDEALER QUOTATION SYSTEM

Filed pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 and Rule 13a-17 or 15d-17 thereunder

                      F & M BANCORPORATION, INC.
         (Exact name of issuer as specified in Charter)

           One Bank Avenue, Kaukauna, Wisconsin  54130
            (Address of principal executive offices)

Issuer's telephone number, including area code    (414) 766-1717

           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,  $1.00 par value        


2.   Number of shares outstanding before change         5,959,126

3.   Number of shares outstanding after the change      6,555,038

4.   Effective date of change                       June 10, 1996

5.   Method of change:
     Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock
for treasury, etc.) Stock dividend
     Give description of transaction   10% stock dividend to
shareholders of record on May 24, 1996, paid June 10, 1996


                  II.  CHANGE IN NAME OF ISSUER

1.   Name prior to change 

2.   Name after change

3.   Effective date of charger amendment changing name

4.   Date of shareholder approval of change, if required
                                    F & M BANCORPORATION, INC.

Date  June 11, 1996              By    /s/ Daniel E. Voet
                                 (Officer's signature & title)

SEC 1811 (8-88)                           Daniel E. Voet
                                          Chief Financial Officer

<PAGE>
                          INSTRUCTIONS

A.   Form 10-C shall be used for reports under Section 13, or
15(d) of the Securities Exchange Act of 1934 filed pursuant to
Rule 13a-17, or 15d-17, thereunder.

B.   Four copies of each report on this form shall be filed with
the Securities and exchange Commission at 450 5th Street, N.W.,
Washington, D.C. 20549.  In addition, a copy shall be furnished
to the National Association of Securities Dealers, Inc. (NASD),
Department F-10-S, 17 Battery Place, New York, New York 10004. 
At least one of the copies filed shall be manually signed by an
officer of the issuer.  Unsigned copies shall be conformed.

C.   Each report shall be filed by an issuer upon being notified
that any class of its securities is to be quoted on the NASDAQ
interdealer quotations system not later than ten days after the
first date on which any aggregate increase or decrease in the
amount of securities of such class outstanding exceeds five
percent of the amount of the class outstanding as last reported. 
A report shall also be required from any issuer quoted on the
system of any corporate name change not later than 10 days after
the change.

D.   The General Rules and Regulations under the Act contain
certain general requirements applicable to reports on any form. 
These general requirements should be carefully read and observed
in the preparation and filing of reports on this form.

E.   The Commission does not furnish blank forms for its filing
requirements.  However, copies of this form may be duplicated in
reporting the requested information.

F.   Nothing required by this form shall be construed, however,
to relieve any issuer of any obligations to file any other report
required under this Act or rules promulgated thereunder with
respect to the changes set forth in instruction C above.



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