TSX CORP
10-C, 1996-07-19
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
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                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.   20549

                                   FORM 10-C

                REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM

                  FILED PURSUANT TO SECTION 13 OR 15(D) OF THE
                SECURITIES EXCHANGE ACT OF 1934 AND RULE 13A-17
                              OR 15D-17 THEREUNDER



                                TSX CORPORATION
                 (EXACT NAME OF ISSUER AS SPECIFIED IN CHARTER)

               4849 North Mesa, Suite 200, El Paso, Texas   79912
                    (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

ISSUER'S TELEPHONE NUMBER, INCLUDING AREA CODE:     915-533-4600

                  I. CHANGE IN NUMBER OF SHARES OUTSTANDING

INDICATE ANY CHANGE (INCREASE OR DECREASE) OF 5% OR MORE IN THE NUMBER OF 
SHARES OUTSTANDING:

1.  TITLE OF SECURITY:  Common Stock, par value $0.01 per share
    
2.  NUMBER OF SHARES OUTSTANDING BEFORE THE CHANGE:  approximately 10,281,000

3.  NUMBER OF SHARES OUTSTANDING AFTER THE CHANGE:   approximately 15,421,000

4.  EFFECTIVE DATE OF CHANGE:   July 18, 1996

5.  METHOD OF CHANGE:

                 SPECIFY METHOD:  Stock split in the form of a stock dividend.

                 GIVE BRIEF DESCRIPTION OF TRANSACTION:     The Board of
                 Directors on June 5, 1996 declared a three-for-two stock
                 split of its Common Stock to be effected in the form of a
                 stock dividend of one share of the authorized but unissued
                 Common Stock for each two shares of issued and outstanding
                 Common Stock.  The stock dividend will be distributed on July
                 18, 1996 to stockholders of record at the close of business on
                 June 28, 1996.  As a result of the stock dividend, holders of
                 outstanding shares of Common Stock will hold three shares for
                 each two shares held on the record date.  No fractional shares
                 will be issued and in lieu of any fractional shares, the
                 Company will pay to each holder of Common Stock who otherwise
                 would be entitled to receive a fractional share pursuant to
                 the stock dividend an amount in cash (without interest)
                 determined by multiplying such fraction by the closing price
                 of a share of Common Stock on the NASDAQ National Market
                 System on the record date, June 28, 1996.  For accounting
                 purposes, the stock dividend will be treated as a stock split,
                 and an amount equal to $0.01 per share (par value) of Common
                 Stock issued pursuant to the stock dividend shall be
                 transferred from Retained Earnings to the Company's Common
                 Stock Account.
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                          II. CHANGE IN NAME OF ISSUER

                                 Not Applicable


Date:    July 19, 1996                        TSX Corporation                  
                                                                               
                                                                               
                                                                               
                                              By:/s/ Harold C. Tamburro        
                                                 ------------------------------
                                                   Harold C. Tamburro          
                                                   Chief Financial Officer     
                                                      and Secretary            


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