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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): May 31, 1995
MIDLANTIC CORPORATION
(Exact name of registrant as specified in its charter)
New Jersey 0-15870 22-2699903
(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification
Incorporation No.)
499 Thornall Street, Metro Park Plaza,
P.O. Box 600, Edison, New Jersey 08818
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (908) 321-8000.
NOT APPLICABLE
(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS
Midlantic Corporation issued a press release dated May 31, 1995 concerning the
redemption of its Term Adjustable Rate Cumulative Preferred Stock-Series A. A
copy of the press release is attached hereto as Exhibit 99, which exhibit is
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99 Press Release of Midlantic Corporation dated May 31, 1995
SIGNATURE
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.
MIDLANTIC CORPORATION
By: /s/ Joseph H. Kott
__________________
Joseph H. Kott
Executive Vice President
& General Counsel
Date: May 31, 1995
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EXHIBIT INDEX
Exhibit No.
99 Press Release of Midlantic Corporation dated May 31, 1995
EXHIBIT 99
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MEDIA CONTACT: ANALYST CONTACT:
Barbara H. Maddox Donald W. Ebbert, Jr.
(908) 321-8294 (908) 321-8138
MIDLANTIC CORPORATION TO REDEEM PREFERRED STOCK
EDISON, NJ, May 31, 1995 -- Midlantic Corporation (NASDAQ:MIDL)
announced today it has called for redemption on June 30, 1995 all
shares of its Term Adjustable Rate Cumulative Preferred Stock -
Series A.
A total of 500,000 shares are outstanding. The redemption
price is $100.00 per share, plus $1.8125 per share accrued
dividend from April 1, 1995 to the redemption date.
Midlantic Corporation is a $13.6 billion bank holding
company headquartered in Edison, NJ. Midlantic's principal
subsidiary, Midlantic Bank, N.A., operates 327 banking offices in
New Jersey and southeastern Pennsylvania.
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