REALCO INC /NM/
8-K, 2001-01-05
GENERAL BLDG CONTRACTORS - RESIDENTIAL BLDGS
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                                  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


                                December 31, 2000
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                 Date of report (Date of earliest event reported)

                                  REALCO, INC.
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            (Exact name of registrant as specified in its charter)


           New Mexico                   0-27552             85-0316176
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(State or other jurisdiction of       (Commission         (I.R.S. Employer
incorporation or organization)        File Number)       Identification No.)


    1650 University Blvd., N.E., Suite 5-100,
           Albuquerque, New Mexico                                87102
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     (Address of principal executive offices)                   (Zip code)


                                  (505) 242-4561
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                (Registrant's telephone number, including area code)


                                 Not applicable
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                 (Former name, former address and former fiscal year,
                             if changed since last report)




ITEM 6.  Resignation of Registrant's Directors.

Effective December 31, 2000, Bill E. Hooten resigned as Executive Vice President
and Director of the Company citing personal reasons. Mr. Hooten will continue to
serve as President and Chief Executive  Officer of  Hooten/Stahl,  Inc.  (d.b.a.
Prudential Preferred Properties,  New Mexico) and Charter Building & Development
Corp.,  which are  wholly-owned  subsidiaries of the Company.  No  disagreements
exist between Mr.  Hooten and the Company  relating to  operations,  policies or
practices which led to this resignati on.

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.

REALCO, INC.

Date: January 4, 2001

               /s/ CHRIS A. BRUEHL
               ---------------------------------------
               Chris A. Bruehl, Senior Vice-President
                and Chief Financial Officer



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