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 April 22, 2004
                   Commission File Number: 0-7568

                      TOTH ALUMINUM CORPORATION
        (Exact name of registrant as specified in its charter)

            LOUISIANA                          72-0646580
  (State or other jurisdiction of     (I.R.S. Employer Identification
   incorporation or organization)                 Number)

      Highway 18,--River Road, P. O. Box 250, Vacherie, LA 70090
        (Address of principal executive offices)   (Zip code)

   Registrant's telephone number, including area code:(225) 265-8181






Item 2.  Acquisition or Disposition of Assets.

	On April 22, 2004, at a public foreclosure sale, prior notice of
which was published pursuant to the Uniform Commercial Code in effect in
Louisiana,  William B. Reily, III, the principal secured creditor of the
Company, acquired all of the right, title and interest of the Company in
and to certain  intangible property related to methods and processes for
the production of  aluminum that  had been pledged by the Company to Mr.
Reily to secure the Company?s indebtedness to Mr. Reily of approximately
$2.6 Million (the ?Collateral?), to-wit:

            All of the right,  title  and  interest  of the
            Company in domestic and foreign patents, patent
            applications,  continuations  in  part  and all
            intellectual  properties,  patent  disclosures,
            know   how,   trade   secrets,   research   and
            development  data,  mini-plant  and pilot plant
            design  and  results  and  all  other  relevant
            records,    including    complementary     data
            contributed by the Company?s consultants  under
            confidentiality  agreements,  including  United
            States patent 4,695,436 (expiring September 22,
            2004) and 4,710,369 (expiring December 2, 2004),
            and Canadian patent 1,105,712.


	Mr. Reily  purchased the Collateral for the bid of $2.5 million,
which will be credited in reduction of the Company?s indebtedness to Mr.
Reily.  Mr. Reily  is  the  father-in-law  of   Caroline Toth Reily, the
daughter of the Company?s Chairman and Chief  Executive Officer, Charles
Toth

	The Collateral  constituted  the  sole  remaining  assets of the
Company and the Company will be unable to  continue  in  business.   See
Item 5 Below.


Item 5. Other Events and Regulation FD Disclosure.

	The  Company has no material assets, no sources of funding, and
total indebtedness exceeding $50 million.  Mr. Russell Haas, a director
of the Company,  has resigned as director effective April 22, 2004, and
the Company anticipates  that its remaining directors and officers will
resign their  respective  positions with the Company.  The Company does
not expect that it will recommence operations in the future and it will
cease filing reports under the Securities Act of 1934.



                                  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.



					TOTH ALUMINUM CORPORATION
						Registrant


Date:   April 22, 2004			/s/ Charles Toth
 					Charles Toth
					Chairman of the Board
					and CEO