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):
February 15, 2011
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NORTH EUROPEAN OIL ROYALTY TRUST
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(Exact name of Registrant as specified in its charter)
Commission File No. 1-8245
Delaware 22-2084119
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(State of organization) (IRS Employer I.D. No.)
Suite 19A, 43 West Front Street, Red Bank, N.J. 07701
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(Address of principal executive offices)
732-741-4008
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(Registrant's telephone number including area code)
Not Applicable
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Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 5.07 Submission of Matters to a Vote of Security Holders
The Annual Meeting of Unit Owners of North European Oil Royalty Trust (the
"Trust") was held on February 15, 2011 (the "Annual Meeting"). A total of
3,675,802 Units were represented in person or by valid proxy at the Annual
Meeting. Unit Owners voted on the following three proposals at the Annual
Meeting and cast their votes as follows:
Proposal One:
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The following persons were elected as Trustees of the Trust to
serve until the next Annual Meeting of Unit Owners, by the votes set forth
in the following table:
Broker
For Against Non-Votes
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Robert P. Adelman 3,598,835 76,967 --
Samuel M. Eisenstat 3,575,849 99,953 --
Lawrence A. Kobrin 3,276,751 399,051 --
Willard B. Taylor 3,597,409 78,393 --
Rosalie J. Wolf 3,587,585 88,217 --
Proposal Two:
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The Unit Owners approved, on an advisory (non-binding) basis, the
compensation of the Trust's Managing Director as described in the Trust's
Proxy Statement for the Annual Meeting, by the votes set forth in the
following table:
Broker
For Against Abstain Non-Votes
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3,418,582 124,538 132,682 --
Proposal Three:
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The Unit Owners voted, on an advisory (non-binding) basis, to hold
an advisory (non-binding) vote on the compensation of the Trust's Managing
Director every three years, by the votes set forth in the following table:
Broker
One Year Two Years Three Years Abstain Non-Votes
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1,069,207 282,183 2,158,837 165,575 --
The Trustees have considered the outcome of this vote and determined to
implement an advisory vote on the compensation of the Trust's Managing
Director every three years.
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SIGNATURES
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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.
NORTH EUROPEAN OIL ROYALTY TRUST
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(Registrant)
By: /s/ John R. Van Kirk
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John R. Van Kirk
Managing Director
Dated: February 16, 201
