SAFETY FUND CORP
10QSB/A, 1996-01-03
STATE COMMERCIAL BANKS
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<PAGE>
 
                    U.S. Securities and Exchange Commission
                            Washington, D.C. 20549

                                 Form 10-QSB/A

                               (AMENDMENT NO. 1)

[X]      QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934.

         For the quarter ended September 30, 1995

[_]      TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934.

         For the transition period from _____________ to _____________

                  The following information has been amended:
                        Commission File Number 0-20493
                                               -------


                          THE SAFETY FUND CORPORATION
                          ---------------------------
       (Exact name of small business issuer as specified in its charter)


       Massachusetts                                      04-2532311
- -------------------------------             ------------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)


                470 Main Street, Fitchburg, Massachusetts 01420
                -----------------------------------------------
                   (Address of principal executive offices)


Issuer's telephone number (508) 343-6406
                          --------------


Former name, former address and former fiscal year, if changed since last 
report:  Not Applicable
       -----------------


Check whether the issuer (1) filed all reports required to be filed by Section 
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter 
period that the registrant was required to file such reports), and (2) has been 
subject to such filing requirements for the past 90 days.
Yes  X   No
   -----   -----

The following sentence is amended in its entirety:

At October 27, 1995, the Registrant had 1,104,747 shares of its common stock 
outstanding.

<PAGE>

                                  SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this amendment to be signed on its behalf by the 
undersigned thereunto duly authorized.


                                     THE SAFETY FUND CORPORATION
                                     ---------------------------
                                             (Registrant)
                                     

Date: January 3, 1996                /s/ Christopher W. Bramley
      ---------------                ------------------------------------------
                                     Christopher W. Bramley
                                     President and Chief Executive Officer


Date: January 3, 1996                /s/ Martin F. Connors, Jr.
      ---------------                ------------------------------------------
                                     Martin F. Connors, Jr., Treasurer
                                     Principal Financial and Accounting Officer
                                                      (Signature)



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