-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JOStrMtJT5s6ADHubdO9DCFA5mnUVXEfmEXEpvX/NKQX2jY/nWPmYy46iiDsYRX7 ts0KeJ1sPNBW04YzsgRzOA== 0000724051-96-000004.txt : 19960823 0000724051-96-000004.hdr.sgml : 19960823 ACCESSION NUMBER: 0000724051-96-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960816 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960822 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHANCELLOR CORP CENTRAL INDEX KEY: 0000724051 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 042626079 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11663 FILM NUMBER: 96619386 BUSINESS ADDRESS: STREET 1: 745 ATLANTIC AVE CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 6177288500 MAIL ADDRESS: STREET 1: 745 ATLANTIC AVE CITY: BOSTON STATE: MA ZIP: 02111 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report August 16, 1996 CHANCELLOR CORPORATION (Exact Name of Registrant as specified in its charter) Massachusetts 2-85329 04-2626079 (State or other jurisdiction (Commission (IRS Employer Iden- of incorporation) File Number) tification No.) 745 Atlantic Avenue, Boston, Massachusetts 02111 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code (617) 728-8500 N/A (Former name or former address, if changed since last report) 1 of 3 pages Item 5. Other Events. On August 16, 1996, the Registrant issued a press release announcing its financial results for the three months and six months ended June 30, 1996. Reference is made to the press release, a copy of which is attached as an exhibit to this Form 8-K. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits 1. Press release dated August 16, 1996 2 of 3 pages SIGNATURE 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. CHANCELLOR CORPORATION By: /s/ Stephen G. Morison Stephen G. Morison President and Chief Executive Officer edgar8k/3 3 of 3 pages Exhibit 1 CHANCELLOR 745 ATLANTIC AVENUE, BOSTON, MA NEWS RELEASE 02111 (617) 728-8500 FOR IMMEDIATE RELEASE CONTACT: Stephen G. Morison William J. Guthlein President and Chief Vice President, Treasurer Executive Officer and Chief Financial Officer (617) 728-8500 (617) 728-8500 BOSTON-BASED LEASING COMPANY ANNOUNCES SECOND QUARTER RESULTS BOSTON, Massachusetts, August 16, 1996, Chancellor Corporation reported net losses of $240,000 and $643,000 ($.05 and $.13 per share) for the three months and six months ended June 30, 1996. This compares with net losses of $677,000 and $1,386,000 ($.11 and $.22 per share) for the same periods last year. The Company's revenues were $1.5 million and $2.9 million for the three months and six months ended June 30, 1996 as compared to $2.0 million and $4.3 million for the corresponding periods in 1995.
CONSOLIDATED SUMMARY OF OPERATIONS (In thousands except per share amounts) Three Months Six Months Ended June 30, Ended June 30, 1996 1995 1996 1995 Revenues $ 1,521 $ 1,957 $ 2,861 $ 4,292 Net (loss) ($ 240) ($ 677) ($ 643) ($ 1,386) Average shares outstanding 5,136 6,382 5,136 6,382 Net (loss) per share ($ .05) ($ .11) ($ .13) ($ .22)
Founded in 1977, Chancellor Corporation has, in recent years, concentrated on the leasing of transportation equipment. It is also involved in the leasing of aircraft, communications, materials handling and other equipment. Chancellor Corporation's common stock is listed on the OTC Electronic Bulletin Board (symbol "CHCR"). Page 1 of 1 -----END PRIVACY-ENHANCED MESSAGE-----