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SHAREHOLDERS OF MORTGAGE AND REALTY TRUST ELECT TRUSTEES AT ANNUAL MEETING

 SHAREHOLDERS OF MORTGAGE AND REALTY TRUST
 ELECT TRUSTEES AT ANNUAL MEETING
 ELKINS PARK, Pa., Feb. 13 /PRNewswire/ -- Shareholders of Mortgage and Realty Trust (NYSE: MRT) at their annual meeting held yesterday, in Universal City, Calif., 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, 1992.
 In accordance with the provisions of the trust's retirement policy for trustees, Hayward L. Elliott did not stand for re-election and retired as a trustee on yesterday. Elliott has been a trustee of the trust since 1979 and served as president from 1979 to 1987.
 Subsequent to the shareholders' meeting, the trustees met and re- elected all incumbent officers of the trust for the coming year.
 /delval/
 -0- 2/13/92
 /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:


MP-KA -- PH012 -- 9733 02/13/92 12:02 EST
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Publication:PR Newswire
Date:Feb 13, 1992
Words:174
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