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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
AMENDMENT 1
Quarterly report pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934.
For the quarterly period ended March 31, 1995.
Commission file number 0-7107
SOUTHERN SCOTTISH INNS, INC.
LOUISIANA 72-0711739
- -------------------------------- ------------------------
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
1726 Montreal Circle, Tucker, Georgia 30084
- -----------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 770-938-5966
------------
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15 (d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has be subject to such filing
requirements for the past 90 days.
Yes ____________ No _____X _____
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
<TABLE>
<CAPTION>
Date Class Outstanding
- ----------------------------------------------------------------
<C> <C> <C>
June 30, 1995 Common Stock 2,322,466 Shares
SIGNATURES
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.
SOUTHERN
SCOTTISH INNS, INC.
Date: October 4, 1995 By: Jack M.
Dubard
----------
- -----------------
Jack M.
Dubard, President
(Chief
Financial Officer)
Date: October 4, 1995 By: Mary R.
Dubard
----------
- ------------------
Mary R.
Dubard, Corp.
Secretary
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<FISCAL-YEAR-END>
DEC-31-1995
<PERIOD-END>
MAR-31-1995
<PERIOD-TYPE>
3-MOS
<CASH>
70,400
<SECURITIES>
0
<RECEIVABLES>
1,369,634
<ALLOWANCES>
0
<INVENTORY>
12,506
<CURRENT-ASSETS>
1,498,852
<PP&E>
4,786,619
<DEPRECIATION>
955,459
<TOTAL-ASSETS>
15,523,402
<CURRENT-LIABILITIES>
2,109,723
<BONDS>
2,572,948
<COMMON>
5,963,039
0
0
<OTHER-SE>
3,360,690
<TOTAL-LIABILITY-AND-EQUITY>
15,523,402
<SALES>
0
<TOTAL-REVENUES>
1,681,077
<CGS>
0
<TOTAL-COSTS>
1,052,075
<OTHER-EXPENSES>
0
<LOSS-PROVISION>
0
<INTEREST-EXPENSE>
0
<INCOME-PRETAX>
629,002
<INCOME-TAX>
0
<INCOME-CONTINUING>
629,002
<DISCONTINUED>
0
<EXTRAORDINARY>
0
<CHANGES>
0
<NET-INCOME>
629,002
<EPS-PRIMARY>
.18
<EPS-DILUTED>
.18
</TABLE>
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