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FRP PROPERTIES ANNOUNCES REORGANIZATION OF SENIOR MANAGEMENT OF FLORIDA ROCK & TANK LINES

 JACKSONVILLE, Fla., Dec. 11 /PRNewswire/ -- FRP Properties, Inc. (NASDAQ: FRPP) today announced a reorganization of senior management of its wholly owned subsidiary Florida Rock & Tank Lines, Inc. Effective Jan. 1, 1993, John R. Mabbett III will become president, Robert J. Jackson will assume the post of senior vice president and Robert E. Sandlin will become vice president.
 Also, Jackson has resigned as a director and vice president of FRP Properties, Inc. effective Jan. 1, 1993.
 FRP Properties, Inc. is engaged in the transportation and real estate businesses. Its subsidiary, Florida Rock & Tank Lines, Inc., is a southeastern transportation company concentrating in the hauling by motor carrier of liquid and dry bulk commodities as well as construction aggregates. A new subsidiary, SunBelt Transport, Inc., will soon be in operation servicing the flatbed portion of the southeastern trucking industry. The company's real estate subsidiaries own revenue producing and investment properties and are engaged in real estate management and property development activities.
 -0- 12/11/92
 /CONTACT: Ruggles B. Carlson, assistant treasurer of FRP Properties, Inc., 904-355-1781/
 (FRPP)


CO: FRP Properties, Inc.; Florida Rock & Tank Lines, Inc. ST: Florida IN: TRN SU: PER

AW-JJ -- FL011 -- 6289 12/11/92 13:56 EST
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Publication:PR Newswire
Date:Nov 13, 1992
Words:199
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