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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 March 9, 1998
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THE SOUTHSHORE CORPORATION
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(Exact name of registrant as specified in its charter)
Colorado 0-19949 84-1153522
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State or other jurisdiction Commission (I.R.S. Employer
of incorporation File Number Identification No.)
10750 East Briarwood, Englewood, Colorado 80112
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (303) 649-9875
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N/A
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(Former name or former address, if changed since last report)
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Item 2. Acquisition or Disposition of Assets
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On March 9, 1998, Hyland Hills Park & Recreation District
informed the Registrant that its Board of Directors believed that
completion of the purchase of the Registrant's water park
property could not be completed in a timely manner, and thus, it
considered the Commercial Buy and Sell Agreement of February 25,
1998 to be terminated and of no further force or effect.
Registrant is currently considering other options with
respect to the sale of its water park property.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Company has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
(Registrant) THE SOUTHSHORE CORPORATION
BY(Signature) /s/Kenneth M. Dalton
(Date) March 13, 1998
(Name and Title) Kenneth M. Dalton, President
