-----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, EBlp4x2d7S/anY1Tlf1dOGYwChWi63XGmWM2hEtZT2aFTIfxnuSJIeN2OS9JFXqQ mCB9mmS1FoYGSSUeTJuqbA== 0000020199-09-000033.txt : 20091005 0000020199-09-000033.hdr.sgml : 20091005 20091005133536 ACCESSION NUMBER: 0000020199-09-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091005 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20091005 DATE AS OF CHANGE: 20091005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHURCH LOANS & INVESTMENTS TRUST CENTRAL INDEX KEY: 0000020199 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 756030254 STATE OF INCORPORATION: TX FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-08117 FILM NUMBER: 091104935 BUSINESS ADDRESS: STREET 1: 5305 I-40 W CITY: AMARILLO STATE: TX ZIP: 79106 BUSINESS PHONE: 8063583666 MAIL ADDRESS: STREET 1: P O BOX 8203 CITY: AMARILLO STATE: TX ZIP: 79106 8-K 1 seniorvpretire_8k.htm ITEM 5.02 Item 5.02


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: October 5, 2009

 

Commission File No. 0-8117

 

____________

 

CHURCH LOANS & INVESTMENTS TRUST

®

 

(Exact name of registrant as specified in its charter)

 

 

Texas

 

75-6030254

(State or other jurisdiction of
incorporation or organization)

 

(IRS Employer
Identification No.)

 

 

 

5305 W Interstate 40, Amarillo, Texas

 

79106-4759

(Address of principal executive office)

 

(Zip Code)

 

 

 

(806) 358-3666

(Issuer’s telephone number including area code)

 

____________

 





 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Effective as of close of business on September 30, 2009, Robert E. Martin retired from his position as Senior Vice President – Lending and no longer serves in that position.  


Mr. Martin and the Trust entered into an Independent Contractor Agreement dated September 18, 2009 and effective October 1, 2009, pursuant to which Mr. Martin would continue, as an independent contractor, to provide collection services to the Trust. Such services will include monitoring and collection efforts regarding past due notes owing to the Trust. The Trust will pay Mr. Martin $50.00 per hour for such services. Mr. Martin agrees to provide such services as necessary to the Trust, however, not to exceed 80 hours per calendar month. The Independent Contractor Agreement contains other terms and conditions normally found in such agreements.


As of the date of this filing there is no plan to appoint a new or interim Senior Vice President – Lending.  The Trust believes that existing personnel can handle the necessary duties at this time.



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.


 

CHURCH LOANS & INVESTMENTS TRUST

 

 

 

Date: October 5, 2009

By:

/s/ B. R. McMorries, Chairman

 

 

Board of Trust Managers







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