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)-------------------------------
MARTIN COLOR-FI, INC.
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(Exact name of registrant as specified in its charter)
SOUTH CAROLINA 0-21340 57-0879569
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
306 Main Street, Edgefield, South Carolina 29824
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (803) 637-7000
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(Former name or former address, if changed since last report.)
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Item 3. Bankruptcy or Receivership.
On November 16, 1998, the registrant filed a petition for relief under
Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the
District of South Carolina as a debtor in possession. The proceeding is styled
In Re: Martin Color-Fi, Inc., and its docket number is 98-10145W.
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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 hereunto duly authorized
MARTIN COLOR-FI, INC.
November 17, 1998 s/James F. Martin
By:-------------------------------------------
James F. Martin
Chief Executive Officer