(Do not use this space) ---------------------------
---------------------------- OMB APPROVAL
---------------------------
OMB Number: 3235-0230
Expires: May 31, 2000
Estimated average burden
hours per response.....1.00
---------------------------- ---------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-23C-1
STATEMENT BY REGISTERED CLOSED-END
INVESTMENT COMPANY WITH RESPECT TO PURCHASES OF ITS OWN
SECURITIES PURSUANT TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH
(See rules and instructions on back of this form. If acknowledgment is
desired, file this form with the Commission in triplicate.)
REPORT FOR CALENDAR MONTH ENDING April 30, 2001
---------------
Franklin Capital Corporation
--------------------------------------------------------------------------------
(Name of registered closed-end investment company)
--------------------------------------------------------------------------------
Approximate
Asset
Value or
Approximate
Asset Coverage
Date of Number of Price Per Share Name of Seller
Each Identification Shares Per at Time or of
Transaction of Security Purchased Share of Purchase Seller's Broker
--------------------------------------------------------------------------------
April 5, Franklin 1,500 $5.17 $4.00 First New York
2001 Capital Securities Corp.
Corporation
Common Stock
April 9, Franklin 3,000 $5.12 $4.00 First New York
2001 Capital Securities Corp.
Corporation
Common Stock
April 27, Franklin 1,000 $5.12 $4.27 First New York
2001 Capital Securities Corp.
Corporation
Common Stock
--------------------------------------------------------------------------------
REMARKS:
Franklin Capital Corporation
-----------------------------------------
Name of Registrant
By /s/ Hiram Lazar
-----------------------------------------
(Name)
Date of Statement: May 4, 2001 Chief Financial Officer
------------------------------------- -----------------------------------------
(Title)
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CORRECTLY VALID OMB CONTROL NUMBER.
SEC 1580 (5-97)