EQUITY CORP INTERNATIONAL
8-K, 1996-09-11
PERSONAL SERVICES
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                                 UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.  20549

                                F O R M  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):  September 11, 1996

                       EQUITY CORPORATION INTERNATIONAL
            (Exact name of registrant as specified in its charter)

                                    DELAWARE
                        (State or other jurisdiction of
                         incorporation or organization)

                                   75-2521142
                    (I.R.S. employer identification number)

                       415 SOUTH FIRST STREET, SUITE 210
                                  LUFKIN, TEXAS
                    (Address of principal executive offices)

                                     75901
                                  (Zip Code)

                                 (409) 634-1033
              (Registrant's telephone number, including area code)

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<PAGE> 

Item 7.  Financial Statements and Exhibits.

(c)  Exhibits.

     Exhibit Number    Description
     --------------    ------------

     99.1              Press Release, dated September 11, 1996, relating to 
                       the declaration of the stock dividend.



                                       2


<PAGE> 

SIGNATURE

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

Date:  September 11, 1996

EQUITY CORPORATION INTERNATIONAL

By:  /s/ W. Cardon Gerner
     ------------------------
     Senior Vice President
     Chief Financial Officer
    (Principal Financial Officer and Duly Authorized Officer)


                                       3


<PAGE>

EXHIBIT INDEX

EXHIBIT INDEX          DESCRIPTION
- --------------         ------------

99.1                   Press Release, dated September 11, 1996, relating 
                       to the declaration of the stock dividend.

                                        4


                                              EXHIBIT 99.1
NEWS RELEASE

EQUITY CORPORATION INTERNATIONAL
P.O. Drawer 100, Lufkin, Texas 75902-0100

CONTACT:  W. Cardon Gerner, (409) 631-8703

FOR IMMEDIATE RELEASE:

LUFKIN, TEXAS, SEPTEMBER 11 - Equity Corporation International (NASDAQ, 
NM-ECII), announced today that its Board of Directors has approved a 3-
for-2 split of its common stock to be effected as a stock dividend. The 
record date for purposes of the dividend is September 23, 1996. The 
stock dividend will be distributed on October 2, 1996. Currently, there 
are 12,789,507 common shares outstanding.

"Based on the company's performance, we are experiencing a greater 
interest in our stock," said James P. Hunter, III, chairman and chief 
executive officer. "This action is being taken to increase the liquidity 
of our stock and to broaden our shareholder base, while at the same time 
rewarding our existing shareholder loyalty in our company where the 
earnings are being reinvested to finance the growth and development of 
our business in lieu of paying the cash dividends," Hunter concluded.

Equity Corporation International is the nation's fourth largest publicly 
traded deathcare company, which owns and operates 146 funeral homes and 
62 cemeteries in 22 states as of September 10, 1996.



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