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): September 9,
1997
TIS MORTGAGE INVESTMENT COMPANY
________________________________________________________________
(Exact name of registrant as specified in its charter)
Maryland 1-10004 94-3067889
__________________ _____________ ____________
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification
incorporation or Number)
organization)
655 Montgomery Street, Suite 800
San Francisco, CA 94111
____________________________________ _____________
(Address of principal executive office) Zip Code
(415) 393-8000
________________________________________________________________
(Registrant's telephone number, including area code)
Not applicable.
________________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
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TIS MORTGAGE INVESTMENT COMPANY
Item 5. Other Events
Registrant Expands its Board of Directors.
On September 9, 1997, Registrant's Board of Directors
voted to expand its size from eight directors to nine, and to
elect Registrant's President, Lorraine O. Legg, to fill the new
seat.
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.
TIS MORTGAGE INVESTMENT COMPANY
Dated: September 11, 1997 By /s/ Lorraine O. Legg
LORRAINE O. LEGG, President
