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: June 23, 1997
POTLATCH CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-5313 82-0156045
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(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification Number)
incorporation)
One Maritime Plaza, Suite 2400, San Francisco, CA 94111
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(415) 576-8800
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Item 5. Other Events.
On June 17, 1997, in the District Court of the State of Idaho,
Nez Perce County, a jury awarded Potlatch Corporation (the
"Company") $95 million for damages resulting from defects and
deficiencies associated with a pulp washer system that was
installed in the Company's Lewiston, Idaho, pulp mill. The washers
were supplied by Beloit Corporation, the defendant in the case.
The jury award is subject to post-trial motions, and to appeal
to the Idaho Supreme Court.
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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.
Dated: June 23, 1997
POTLATCH CORPORATION
By: /s/TERRY L. CARTER
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Terry L. Carter
Controller
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