SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(e) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 20, 1996
MORGAN FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
Colorado 0-20764 84-121348
(State or other jurisdiction (SEC File Number) (I.R.S. Employer
of incorporation) Identification Number)
205 West Kiowa Avenue, Fort Morgan, Colorado 80701
(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: (970) 867-2443
Not Applicable
(Former name or former address, if changed since last Report)
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MORGAN FINANCIAL CORP.
INFORMATION TO BE INCLUDED IN REPORT
Item 4. Changes in Registrant's Certifying Accountant
(a) On June 20, 1996, the Board of Directors of Morgan Financial Corp.
resolved to engage the accounting firm of Baird, Kurtz and Dobson
as the Registrant's independent accountant for its fiscal year ending
June 30, 1996. Effectively, the services of the Registrant's former
independent accountant, McGladrey and Pullen, LLP, were simultaneously
terminated as of June 20, 1996. The Denver office of McGladrey and
Pullen was acquired by Baird, Kurtz and Dobson on June 17, 1996. All
former audit engagement members, with the exception of the audit partner,
are now with Baird, Kurtz and Dobson, and will continue to be involved
with the Registrant's Fiscal 1996 annual audit.
(b) McGladrey and Pullen's report on the financial statements for the past two
years contained no adverse opinion or disclaimer of opinion, and was not
qualified or modified as to uncertainty, audit scope or accounting
principles.
(c) During the two most recent fiscal years and interim period subsequent to
June 30, 1995, there have been no disagreements with McGladrey and Pullen
on any matter of accounting principls or practices, financial statement
disclosure, auditing scope or procedure, or any reportable events.
(d) The Registrant has requested that McGladrey and Pullen, LLP furnish it
with a letter addressed to the SEC stating whether it agrees with the
above statements. A copy of McGladrey and Pullen's letter to the SEC, will
be filed as an amendment at Exhibit 16 to the Form 8-K.
Item 7. Financial Statements and Exhibits
Exhibit 16 - Letter Re Change in Certifying Accountant*
* To be filed by amendment.
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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.
MORGAN FINANCIAL CORP.
Date: June 24, 1996 By: /s/ Michael M. Berryhill
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MICHAEL M. BERRYHILL
President and Chief Executive
Officer
