UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 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) January 17, 2003 |
|
Commission file number 0-18516 |
ARTESIAN RESOURCES CORPORATION |
-------------------------------------------------------------- |
(exact name of registrant as specified in its charter) |
|
Delaware | 51-0002090 | |
------------------------------------------------ | ------------------------------------------ | |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) | |
|
| |
664 Churchmans Road, Newark, Delaware 19702 | ||
------------------------------------------------------------------ | ||
Address of principal executive officers | ||
|
| |
| ||
(302) 453 6900 | ||
----------------------------------------------------------- | ||
Registrant's telephone number, including area code | ||
ARTESIAN RESOURCES CORPORATION
Item 5. - Other Events
On January 17, 2003, Artesian Resources Corporation issued a "Notice of Redemption" to all 7% Prior Preferred Stock shareholders of which 10,868 shares are currently issued and outstanding. The notice sets February 21, 2003 as the date of record for the redemption. The 7% Prior Preferred Stock has a par value of $25 and is to be redeemed at $30 per share, as provided for in the Certificate of Incorporation of Artesian Resources Corporation. Artesian Resources Corporation, upon acquisition of the outstanding 7% Prior Preferred Stock, shall retire the shares and, pursuant to Delaware law, the shares will assume the status of authorized and unissued 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 thereunto duly authorized.
ARTESIAN RESOURCES CORPORATION
01/17/03 Dian C. Taylor /s/
Dian C. Taylor
President, CEO, and Chair of the Board
Artesian Resources Corporation and Subsidiaries
01/17/03 David B. Spacht /s/
David B. Spacht
Vice President, Chief Financial Officer, and Treasurer
Artesian Resources Corporation and Subsidiaries
Form 8K
