KAHLER REALTY CORP
15-12G, 1996-08-13
HOTELS & MOTELS
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<PAGE>
 
                                    FORM 15

                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

       Certification and Notice of Termination of Registration under   
  Section 12(g) of the Securities Exchange Act of 1934 or                    
      Suspension of Duty to File Reports Under Sections 13 and 15(d)    
                    of the Securities Exchange Act of 1934.
                        


                                              Commission File Number   0-24714
                                                                       --------


                            Kahler Realty Corporation
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


                                20 2nd Avenue SW
                          Rochester, Minnesota  55902
                                 (507) 285-2700
- --------------------------------------------------------------------------------
  (Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)


                     Common Stock, par value $.10 per share
- --------------------------------------------------------------------------------
            (Title of each class of securities covered by this Form)


                                      None
- --------------------------------------------------------------------------------
  (Titles of all other classes of securities for which a duty to file reports
                    under section 13 (a) or 15 (d) remains)


     Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:
 
  Rule 12g-4(a)(1)(i)    [X]   Rule 12h-3(b)(1)(ii)     [ ]
  Rule 12g-4(a)(1)(ii)   [ ]   Rule 12h-3(b)(2)(i)      [ ]
  Rule 12g-4(a)(2)(i)    [ ]   Rule 12h-3(b)(2)(ii)     [ ]
  Rule 12g-4(a)(2)(ii)   [ ]   Rule 15d-6               [ ]
  Rule 12h-3(b)(1)(i)    [X]

     Approximate number of holders of record as of the certification or notice
date: 0

     All of the above-referenced securities of Kahler Realty Corporation
     ("Kahler") were either cancelled and retired or converted into the right to
     receive a $17.00 cash payment or the right to receive the fair value of
     such securities pursuant to the merger of Tiger Real Estate Acquisition
     Corp. with and into Kahler.
<PAGE>
                                                                               2


Pursuant to the requirements of the Securities Exchange Act of 1934, Kahler
Realty Corporation has caused this certification/notice to be signed on its
behalf by the undersigned duly authorized person.



DATE: August 13, 1996                  BY:  /s/ Michael J. Quinn
                                            --------------------
                                            Name:  Michael J. Quinn
                                            Title:  General Counsel
 


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