Lane Co Inc said its chairman,B.B. Lane, has submitted his resignation as a director, officer
and employee, effective immediately.
    A company spokesman said there were no details available
beyond Lane Co's one sentence statement.
    According to proxy material the company filed with the
Securities and Exchange Commission in February 1986, B.B. Lane
then held about 4.5 pct of the company's stock.
 Reuter
