SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 10, 2002
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THE OHIO ART COMPANY
(Exact name of registrant as specified in charter)
Ohio 001-07162 34-4319140
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(State of other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
P.O. Box 111 Bryan, Ohio 43506
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (419) 636-3141
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N/A
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(Former name or former address, if changed since last report)
Item 5. OTHER EVENTS
On August 1, 2002, the Registrant entered into a loan agreement with
Sky Bank. A copy of the Open - End Mortgage between Strydell, Inc. and Sky Bank
dated August 1, 2002 is attached as Exhibit 10 (e) to this Form 8-K and
incorporated herein by reference. A copy of the Open - End Mortgage between The
Ohio Art Company and Sky Bank dated August 1, 2002 is attached as Exhibit 10(f)
to this Form 8-K and incorporated herein by reference.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
10(e) Open - End Mortgage between Strydell, Inc. and Sky Bank
dated August 1, 2002.
10(f) Open - End Mortgage between The Ohio Art Company and Sky
Bank dated August 1, 2002.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: September 10, 2002
THE OHIO ART COMPANY
By: /s/ William C. Killgallon
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William C. Killgallon
Chairman of the Board and Principal
Executive Officer