UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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) ~~August 24~~September 13, 2004

LANCER CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

Texas
(State or Other Jurisdiction of Incorporation)

0-13875		74-1591073
(Commission File Number)		(IRS Employer Identification No.)

6655 Lancer Blvd., San Antonio, Texas		78219
(Address of Principal Executive Offices)		(Zip Code)

(210) 310-7000
(Registrant’s Telephone Number, Including Area Code)


(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 (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry into a Material Definitive Agreement

On ~~August 24~~September13, 2004, Lancer Corporation ~~(Lancer or the Company)~~ entered into ~~Indemnification~~an ~~Agreements~~agreement with ~~certain~~The ofCoca-Cola ~~its~~Company relating ~~independent~~to ~~directors, including~~the ~~Walter~~joint Jdevelopment ~~Biegler,~~of ~~Jean~~the M.iFountain ~~Braley,~~line ~~Norborne~~of Pdispensers. Pursuant ~~Cole,~~to ~~Jr.~~the agreement, ~~Brian~~The C.Coca-Cola ~~Flynn,~~Company ~~Jr.,~~will ~~James~~pay F.Lancer ~~Gallivan,~~a ~~Jr.,~~total ~~Olivia~~of F$7.0 ~~Kirtley,~~million ~~Richard~~in C.consideration ~~Osborne~~of (i) Lancer’s engineering, research and development and other costs incurred by ~~Harold~~Lancer R.on ~~Schmitz.~~the project, ~~The~~(ii) ~~purpose~~Lancer’s inventory ofrelated to the ~~Indemnification~~ ~~Agreements~~project isthat tocould ~~indemnify~~not ~~such~~be ~~directors~~used toas ~~the~~intended ~~fullest~~and ~~extent~~did not ofhave ~~the~~feasible ~~law~~alternate ~~against~~uses, ~~risks~~and of(iii) ~~claims~~certain covenants and ~~actions~~releases ~~against~~relating to ~~them~~the ~~arising~~project. Lancer ~~out~~had ofpreviously ~~their~~written-off ~~service~~$1.2 ~~to,~~million ~~and~~of ~~activities~~inventory onassociated ~~behalf~~with ~~of,~~the project during the fourth ~~Company~~quarter of 2003. When ~~The~~payment ~~form~~is received, ofLancer will record the ~~Indemnification~~ ~~Agreement~~entire amount as income. The agreement is included in this report as Exhibit 10.

~~Item~~Lancer ~~9.01~~is ~~Financial~~a ~~Statements~~supplier of beverage dispensing parts and ~~Exhibits~~equipment to The Coca-Cola Company.

~~(c)~~ Item 9.01 Financial Statements and Exhibits

~~10 Form of Indemnification Agreement~~(c) Exhibits

210 Form of Agreement

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.

		LANCER CORPORATION
Date: September 3, 2004	By:	/s/ CHRISTOPHER D. HUGHES
Date: September 13, 2004	By:	/s/ CHRISTOPHER D. HUGHES
		Christopher D. Hughes
		Chief Executive Officer

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