Securities and Exchange Commission
Washington, D. C.
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 18, 1996
AMREP CORPORATION
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Oklahoma 1-4702 59-0936128
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification Number)
641 Lexington Avenue, New York, New York 10022
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 705-4700
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Item 5. Other Events
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On January 18, 1996, the Board of Directors of Registrant
determined that Anthony B. Gliedman, Chairman of the Board, Chief Executive
Officer and President of Registrant, who had suffered a stroke last July, had a
total disability and removed him from office and terminated his employment.
The Board also amended the By-laws of Registrant to eliminate the position of
Chief Executive Officer from the duties of the Chairman and add them to the
duties of the President. The Board then elected Edward B. Cloues II, a
director of the Registrant, Chairman of the Board.
Item 7. Financial Statements and Exhibits
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(c) Exhibits
3 (a) Amendment to Sections 3 and 4 of Article IV of the
By-laws
3 (b) By-laws as restated January 18, 1996
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 hereunto duly authorized.
AMREP Corporation
Date: January 31, 1996 By: /s/ Valerie Ascuitto
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Valerie Asucitto
Vice President
EXHIBIT INDEX
3 (a) Amendment to Sections 3 and 4 of Article IV of the By-laws,
filed herewith.
3 (b) By-laws as restated January 18, 1996, filed herewith.