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SHAREHOLDERS OF MORTGAGE AND REALTY TRUST HOLD ANNUAL MEETING

 ELKINS PARK, Pa., Feb. 11 /PRNewswire/ -- Shareholders of Mortgage and Realty Trust (NYSE: MRT), at their annual meeting held Feb. 10 in Philadelphia, elected seven incumbent Trustees to serve until the next annual meeting of shareholders.
 In addition, the shareholders ratified the selection of Ernst & Young as the Trust's independent auditors for the fiscal year ending Sept. 30, 1993, and approved amendment of Section 7.01 of the Trust's Declaration of Trust to limit the liability of Trustees and officers of the Trust.
 Subsequent to the shareholders' meeting, the Trustees met and re-elected all incumbent officers of the Trust for the coming year.
 /delval/
 -0- 2/11/93
 /CONTACT: C.W. Strong Jr., president of Mortgage and Realty Trust, 818-953-7700/
 (MRT)


CO: Mortgage and Realty Trust ST: Pennsylvania IN: FIN SU: PER

MK-LJ -- PH008 -- 5550 02/11/93 09:12 EST
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Publication:PR Newswire
Date:Feb 11, 1993
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