UNITED STATES
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
AUGUST 6, 1998
Date of Report (Date of earliest event reported)
PRIME MOTOR INNS LIMITED PARTNERSHIP
(Exact name of registrant as specified in its charter)
DELAWARE 1-9311 22-2754689
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
C/O WHI
4243 HUNT ROAD
CINCINNATI, OHIO 45242
(Address of principal offices, including zip code)
(513) 891-2920
(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS.
On August 6, 1998, the General Partner of Prime Motor Inns Limited
Partnership (the "Partnership") fixed the close of business on Friday, August
7, 1998, as the record date for liquidating distributions by the Partnership.
Only persons who are holders of record of units of limited partnership
interest ("Units") in the Partnership at the close of business on Friday,
August 7, 1998 ("Record Holders") will be entitled to receive liquidating
distributions. Immediately after the record date, the Partnership will
distribute to the Record Holders $2.00 per Unit. The balance of liquidating
distributions will be made to the Record Holders when the Partnership has
completed winding up its affairs (including filing a final income tax return,
and paying all remaining expenses of the Partnership), preparing and
distributing final reports to the Unitholders, terminating the registration of
the Partnership under the Securities Exchange Act of 1934 and canceling the
Partnership's Certificate of Limited Partnership under Delaware law. The
Partnership expects that the remaining payment will be made this year.
Although transfers of Units after August 7, 1998 are not prohibited
and will be recognized on the books of the Transfer Agent, only the Record
Holders will be entitled to receive liquidating distributions. As a result,
transferees of Units will not receive any distributions from the Partnership.
SIGNATURES
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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.
PRIME MOTOR INNS LIMITED PARTNERSHIP
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(REGISTRANT)
By: Prime-American Realty Corp.
General Partner
Date: August 6, 1998 By: /s/ S. Leonard Okin
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S. Leonard Okin
Vice President
