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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
LEGAL RESEARCH CENTER, INC.
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(Exact Name of Issuer as Specified in Charter)
700 MIDLAND SQUARE BUILDING
331 SECOND AVENUE SOUTH
MINNEAPOLIS, MN 55401
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(Address of Principal Executive Offices)
Issuer's telephone number, including area code: (612) 332-4950
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CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in the number
of shares outstanding:
1. Title of security Common Stock .
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2. Number of shares outstanding before the change 2,257,633 .
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3. Number of shares outstanding after the change 3,297,633 .
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4. Effective date of change September 5, 1996 .
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5. Method of change: Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock for
treasury, etc.)
Original Issuance of Stock .
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Give brief description of transaction:
On September 5, 1996, Legal Research Center, Inc. (the "Company") approved the
sale of an aggregate of 1,040,000, shares of its Common Stock to three of its
officers and/or directors. Christopher R. Ljungkull, the Chief Executive
Officer and a director of the Company, purchased 500,000 shares, James R. Seidl,
the President and a director of the Company, purchased 500,000 shares and James
J. Seifert, a director of the Company, purchased 40,000 shares, all at the
closing price for the Company's Common Stock on September 4, 1996.
Date: September 5, 1996
LEGAL RESEARCH CENTER, INC.
By:/s/ Christopher R. Ljungkull
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Christopher R. Ljungkull
Chief Executive Officer