FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
November 24, 1999
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Date of Report
(Date of earliest event reported)
Metric Income Trust Series, Inc
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(Exact name of registrant as
specified in its charter)
0-18294 California 94-3087630
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(Registration (State or Other (IRS Employer
File Jurisdiction of Identification
Number) Incorporation) Number)
One California Street, San Francisco, California 94111-5415
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(415) 678-2000
(800) 347-6707 Watts line for all states
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ITEM 5. OTHER EVENTS
This press release dated November 24, 1999, filed herewith as Exhibit 20.7 is
hereby incorporated by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits:
20.7 Press release dated November 24, 1999.
<PAGE>
SIGNATURE
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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.
METRIC INCOME TRUST SERIES, INC.
a California Corporation
/s/ William A. Finelli
By: ------------------------------
William A. Finelli
Chief Financial Officer
Date: November 24, 1999
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For Immediate Release Contact: Dan Rael
SSR Realty Advisors
(415) 678-2221
METRIC INCOME TRUST SERIES, INC.
TO CEASE TRADING, MAKE FINAL DISTRIBUTION
SAN FRANCISCO November 24, 1999. In accordance with the Plan of Liquidation and
Dissolution adopted by shareholders in June 1998, the Board of Directors of
Metric Income Trust Series, Inc. ("MITS"), a closed-end public Real Estate
Investment Trust (REIT), voted to cease trading of the Fund's shares as of
November 29, 1999. Additionally, the Board declared a final liquidating
distribution payable on December 10, 1999 to Shareholders of Record as of
November 30, 1999. It is anticipated that MITS will be fully dissolved by
year-end 1999.
MITS originally assembled a portfolio of commercial properties in 1989 and 1990,
the last of which was ultimately sold in December 1998.
