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CONTINENTAL MORTGAGE AND EQUITY TRUST AND NATIONAL INCOME REALTY TRUST ANNOUNCE RESULTS OF ANNUAL MEETINGS

CONTINENTAL MORTGAGE AND EQUITY TRUST AND NATIONAL INCOME REALTY TRUST
 ANNOUNCE RESULTS OF ANNUAL MEETINGS
 DALLAS, March 18 /PRNewswire/ -- Continental Mortgage and Equity Trust (NASDAQ: CMETS) and National Income Realty Trust (NASDAQ: NIRTS) today announced the results of their annual meetings of shareholders, which were held March 17, 1992.
 Shareholders of each trust elected all the nominated trustees. By a margin of over three to one, shareholders approved entering into an advisory agreement between the respective trusts and National Realty Advisors, Inc. and ratified the shareholders' prior repeal of the liquidation of the trusts' assets.
 Continental Mortgage and Equity Trust and National Income Realty Trust are combination mortgage and equity real estate investment trusts which operate nationwide.
 -0- 3/18/92
 /CONTACT: Kevin LeBlanc, 214-692-4800, for Continental Mortgage and Equity Trust and National Income Realty Trust/
 (CMETS NIRTS) CO: Continental Mortgage and Equity Trust; National Income Realty Trust ST: Texas IN: FIN SU:


SH -- NY033 -- 9185 03/18/92 11:14 EST
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Publication:PR Newswire
Date:Mar 18, 1992
Words:162
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