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READING COMPANY HOLDS 1992 ANNUAL MEETING OF SHAREHOLDERS AND RE-ELECTION OF DIRECTORS

 READING COMPANY HOLDS 1992 ANNUAL MEETING
 OF SHAREHOLDERS AND RE-ELECTION OF DIRECTORS
 PHILADELPHIA, July 1 /PRNewswire/ -- Reading Company (NASDAQ: RDGCA) today announced that at its annual meeting of shareholders held on June 30, 1992, the shareholders re-elected eight directors: James J. Cotter, Edward L. Kane, Charles M. Carter, Joseph L. Castle II, Ralph B. Perry III, Ronald I. Simon, John W. Sullivan and Albert J. Tahmoush.
 The company also announced that shareholders approved a proposal to adopt the company's 1992 Non-Qualified Stock Option Plan. The objective of the plan is to promote the growth and prosperity of the company by aiding the company in securing and retaining the best available officers, key employees and directors and by providing optionees with a proprietary interest in the company.
 Reading Company is a Philadelphia-based real estate holding company.
 -0- 7/1/92
 /CONTACT: Anthony V. Scoma of Reading Co., 215-735-8300/
 (RDGCA) CO: Reading Company ST: Pennsylvania IN: SU:


MP-CC -- PH026 -- 5787 07/01/92 14:12 EDT
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Publication:PR Newswire
Date:Jul 1, 1992
Words:164
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