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) January 15, 1997
CYPRESS EQUIPMENT FUND II, LTD.
(Exact Name of Registrant as Specified in its Charter)
Florida 0-21256 59-3082723
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
880 Carillon Parkway, St. Petersburg, Florida 33716
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number (Including Area Code) (813) 573-3800
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Item 2. Acquisition or Disposition of Assets
On December 30, 1996, Cypress Equipment Fund II, Ltd., a limited
partnership organized under the laws of the State of Florida (the "Buyer"),
purchased from NTFC Capital Corporation, a Delaware corporation and its
successors and permitted assigns (the "Seller"), 30.1% interest in a partnership
which owns a recovery boiler facility used in the production of wood pulp on
lease to Federal Paper Board Corporation.
The purchase price totaled an aggregate amount of approximately $8,326,000
including acquisition fees of approximately $230,000. The total cost of this
transaction included $3,700,000 in cash and assumption of debt of $3,600,000.
Item 7. Exhibits
To be filed by amendment.
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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 duly authorized.
Cypress Equipment Fund II, Ltd.
A Florida Limited Partnership
RJ Leasing - 2, Inc.
A General Partner
Date: January 15, 1997 By: /s/J. Davenport Mosby, III
J. Davenport Mosby, III
President