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): April 30, 2009
MONARCH SERVICES, INC.
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(Exact name of registrant as specified in its charter)
Maryland 000-08512 52-1073628
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(State or other jurisdiction (Commission file number) (IRS Employer
of incorporation or organization) Identification No.)
4517 Harford Road, Baltimore, Maryland 21214
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 254-9200
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under any
of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
At the April 29, 2009 special meeting of stockholders, the stockholders
of Monarch Services, Inc. (the "Company") approved a proposal to authorize the
Board of Directors of the Company to pursue the sale of some or all of the
assets of the Company's wholly-owned subsididiaries, Girl's Life Plantation
Parcel, LLC ("GLPP") and Girl's Life Plantation Mansion, LLC ("GLPM"), by a
vote of 926,137 votes for the proposal (57.2% of the issued and outstanding
shares of common stock entitled to vote) and no votes against the proposal
or abstaining from the vote. GLPP and GLPM are parties to contracts with
Baltimore County, Maryland ("Baltimore County") pursuant to which they have
agreed to sell to Baltimore County certain real property and improvements
thereon. Each of the Contracts provides that it is not enforceable unless and
until it is approved by both the Baltimore County Executive (or his designee)
and the Baltimore County Council. Given current economic conditions,
management of the Company believes it is unlikely that both of these contracts
will ultimately be approved by Baltimore County. The proposal that was adopted
by stockholders not only authorizes these contracts in the event they should
become enforceable, but it also authorizes the Board to pursue such other sale
of the assets of GLPP and GLPM, in whole or in part, as the Board believes to
be appropriate and in the best interests of stockholders.
This report on Form 8-K contains forward-looking statements as defined
by the Private Securities Litigation Reform Act of 1995. Forward-looking
statements do not represent historical facts, but rather statements about
management's beliefs, plans and objectives about the future, as well as its
assumptions and judgments concerning such beliefs, plans and objectives.
These statements are evidenced by terms such as "anticipate", "estimate",
"should", "expect", "believe", "intend", and similar expressions. Although
these statements reflect management's good faith beliefs and projections,
they are not guarantees of future performance and they may not prove true.
These projections involve risk and uncertainties that could cause actual
results to differ materially from those addressed in the forward-looking
statements. These risks and uncertainties include, but are not limited to,
changes in general economic, market, or business conditions; changes in laws
or regulations or policies of federal and state regulators and agencies; and
other circumstances beyond the control of the Company. Consequently, all of
the forward-looking statements made in this report are qualified by these
cautionary statements, and there can be no assurance that the actual results
anticipated will be realized, or if substantially realized, will have the
expected consequences on the Company's business or operations.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
Monarch Services, Inc.
Date: April 30, 2009 By: /s/. Jackson Y. Dott
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Jackson Y. Dott
President & CEO