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

~~PURSUANT TO SECTION~~August 1316, ~~OR 15(d) OF THE~~2005

SECURITIES EXCHANGE ACT OF 1934

July 23, 2005

Date of report (Date of earliest event reported)

Security Capital Corporation

(Exact Name of Registrant as Specified in Charter)

Delaware	1-7921	13-3003070
(State or Other	(Commission File Number)	(IRS Employer
Jurisdiction of		Identification No.)
Incorporation)
Eight Greenwich Office Park, Third Floor, Greenwich, CT		06831
(Address of Principal Executive Offices)		(Zip Code)
203-625-0770
(Registrant’s telephone number, including area code)

203-625-0770

(Registrant’s telephone number, including area code)

(Former Name or 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:

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 32.0102. ~~Notice~~Results of ~~Delisting~~Operations orand ~~Failure~~Financial ~~to Satisfy a Continued Listing Rule or Standard; Transfer of Listing~~Condition.

The information required by this Item 32.0102 is included in Item 8.01 and incorporated by reference herein.

Item 4.01. Changes in Registrant’s Certifying Accountants.

The information required by this Item 4.01 is included in Item 8.01 and incorporated by reference herein.

Item 8.01. Other Events.

On ~~July~~ August 2816, 2005, Security Capital Corporation (the “Company”) ~~announced~~issued ~~that~~a press release ~~the~~announcing ~~Audit~~estimated ~~Committee~~results offor the ~~Board~~second ofquarter ~~Directors~~and ~~has~~six ~~engaged~~months ~~McGladrey~~ended June ~~& Pullen~~30, 2005. The ~~LLP~~Company ~~(“McGladrey”),~~also anstated ~~independent registered public accounting firm~~that, toas ~~audit~~previously ~~and~~announced, ~~report~~it oncurrently ~~the~~expects ~~financial~~to ~~statements~~file ofits ~~the~~Form 10-Q ~~Company~~ for the ~~fiscal year~~ ~~ended~~second ~~December 31,~~quarter ~~2005~~(the ~~and~~“Second toQuarter ~~perform~~Form 10-Q”) aby ~~review~~September 15, ~~of the Company’s interim~~2005 ~~financial~~and ~~information~~its Form 10-Q for the ~~2005~~ first, ~~second~~quarter ~~and~~ended ~~third~~March 31, ~~quarters. The~~2005 ~~Company’s~~(the ~~engagement of McGladrey was~~“First ~~effective~~Quarter onForm 10-Q”) ~~July~~by August 2531, 2005.

~~Prior~~The Company’s 2005 financial statements to be reported in the ~~engagement~~First ofQuarter ~~McGladrey,~~Form 10-Q and the ~~Company~~Second ~~had~~Quarter Form 10-Q will not ~~consulted~~include ~~with~~the ~~McGladrey~~results of ~~during~~discontinued ~~its~~operations ~~two~~and ~~most~~preferred ~~recent~~stock ~~fiscal~~accretion ~~years~~reported ~~and~~in the ~~subsequent~~2004 financial ~~interim~~statements. In ~~period~~the ~~from January 1~~fourth toquarter ~~July 25~~of 2004, ~~2005~~the onCompany ~~any~~completed ~~matter~~the ~~regarding:~~sale ~~(a)~~of substantially all of the assets of Pumpkin Masters Holdings, ~~either~~Inc. and settled the ~~application~~bankruptcy proceedings of ~~accounting~~Possible ~~principles~~Dreams, toLtd., aeach ~~specified~~of ~~transaction,~~which ~~either~~had ~~completed~~been orreported as ~~proposed~~discontinued operations in the 2004 periods. In addition, ordue to the ~~type~~redemption of ~~audit~~the ~~opinion~~Company’s ~~that~~outstanding preferred ~~might~~stock bein ~~rendered~~the onthird quarter of 2004, the Company’s no longer reports ~~financial~~preferred ~~statements;~~stock oraccretion, ~~(b) any~~which ~~matter~~had ~~that~~reduced ~~was~~net income in the ~~subject~~2004 periods. Also, ofthe ~~either~~results afor ~~“disagreement”~~the 2004 ~~(as~~periods ~~defined~~have inbeen ~~Item~~restated ~~304(a)(1)(iv) of~~to ~~Regulation~~reflect ~~S-K)~~changes orin athe ~~“reportable~~Company’s accounting for ~~event”~~operating (leases as ~~defined~~disclosed in ~~Item~~the ~~304(a)(1)(v) of~~Company’s ~~Regulation~~Annual SReport on Form 10-K) for the year ended December 31, 2004 filed on June 28, 2005.

The Company ~~also~~estimates ~~announced~~that, onfor ~~July 28,~~the ~~2005~~quarter ~~that, on~~ended ~~July~~June 2230, 2005, itnet ~~notified the American Stock Exchange (the “AMEX”)~~income ~~that it~~ will be ~~unable~~approximately to$3,750,000, ~~file~~or ~~its~~$0.55 ~~Form 10-Q~~per ~~for~~basic ~~the~~and ~~quarter~~$0.52 ~~ended~~per ~~March 31,~~diluted ~~2005~~share, ~~(the~~compared ~~“First~~to ~~Quarter Form 10-Q”) by July 29~~$777, ~~2005~~000, asor ~~the Company had previously reported~~$0. ~~The~~12 ~~further delay~~per inbasic ~~the~~and ~~filing of the First Quarter Form~~ $0.10-Q isper ~~due,~~diluted ~~in part~~share, ~~to the~~ ~~necessary time needed in order~~ for ~~McGladrey~~the toquarter ~~review~~ended ofJune 30, ~~the Company’s financial statements~~2004. The ~~Company~~second ~~informed the~~quarter ~~AMEX~~of ~~that~~2004 itincluded ~~currently expects that it will be in~~ a ~~position~~loss tofrom ~~file~~discontinued ~~the~~operations ~~First~~of ~~Quarter Form 10-Q by August 31~~$247,000, ~~2005~~or $0. As04 aper ~~result~~basic ofand ~~the~~diluted ~~delayed~~share, ~~filing~~and ofpreferred ~~the~~stock ~~First~~accretion ~~Quarter~~of ~~Form 10-Q~~$133,000, ~~the~~or ~~Company~~$0.02 ~~will~~per ~~not~~basic beand ~~able~~diluted toshare. The ~~timely file its Form 10-Q for the~~ quarter ended June 30, 2005 (includes the ~~“Second~~operations ~~Quarter~~of ~~Form 10-Q~~Caronia Corporation (“Caronia”) ~~and~~, ~~has~~which ~~informed~~ the ~~AMEX~~Company ~~that it currently expects to be in a position to file~~acquired ~~the~~on ~~Second Quarter Form~~March ~~10-Q by September 15~~31, 2005. ~~The~~ Caronia’s ~~Company also announced that it currently~~net ~~expects~~income contribution to ~~announce~~the ~~estimated~~second ~~operating~~quarter ~~results~~was ~~for~~approximately ~~the~~$300,000, ~~second~~or ~~quarter~~$0.04 per ofbasic ~~2005 by~~and ~~August 15,~~diluted ~~2005~~share.

~~As noted in the letter which the Company received~~For ~~from~~ the ~~AMEX~~six onmonths ~~May~~ended June 2330, 2005, ~~due to~~ the Company’s ~~failure~~estimates tothat ~~timely~~net ~~file~~income ~~its~~will ~~Form 10-K~~be ~~for~~approximately ~~the~~$5,300,000, ~~fiscal~~or ~~year~~$0.79 ~~ended~~per ~~December~~basic ~~31,~~and ~~2004,~~$0.76 ~~which~~per ~~was~~diluted ~~subsequently~~share, ~~filed~~compared onto ~~June 28~~$1,280,000, ~~2005~~or ~~(the~~$0.20 ~~"2004~~per ~~Form~~basic ~~10-K"),~~ and ~~the~~ ~~First~~$0.16 ~~Quarter~~per ~~Form 10-Q~~diluted share, for asthe ~~required~~six ~~pursuant~~months toended ~~Section~~June ~~1101~~30, of2004. ~~the~~The ~~Company~~six ~~Guide~~months ~~(the~~ended ~~“Company Guide”)~~June 30, ~~the~~2004 ~~Company~~included isa ~~not~~loss ~~in compliance with~~from ~~the~~discontinued ~~continued~~operations ~~listing standards~~ of ~~the AMEX. In addition~~$819,000, ~~the~~or ~~Company’s failure~~$0.13 toper ~~timely~~basic ~~file~~and ~~each~~diluted ofshare, ~~the 2004 Form 10-K~~ and preferred ~~the~~stock ~~First~~accretion ~~Quarter~~of ~~Form 10-Q is~~$252,000, aor ~~material~~$0.04 ~~violation~~per ofbasic ~~the~~and ~~Company’s~~diluted share. The ~~listing~~estimated ~~agreement~~results ~~with~~for the ~~AMEX and,~~six ~~therefore,~~months ~~pursuant~~ended ~~to Section~~June ~~1003(d) of~~30, ~~the~~2005 ~~Company~~include ~~Guide,~~ the ~~Company’s~~ ~~securities~~net ~~are~~income ~~subject~~contribution tofrom Caronia ~~suspension~~ and ~~delisting~~$2,100,000, ~~from~~or ~~the AMEX~~$0. As15 ~~also~~per ~~noted~~basic inand ~~the~~diluted ~~May 23~~share, ~~2005~~of ~~letter from the AMEX, the~~expenses ~~Company~~incurred isin ~~subject~~connection towith the ~~procedures~~Company’s ~~and~~independent ~~requirements~~internal ~~of Section 1009 of~~investigation, ~~the~~which ~~Company~~concluded ~~Guide~~in March 2005.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

99.1 Press Release of Security Capital Corporation, dated ~~July~~August 2816, 2005.

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: July 28, 2005

Date: August 18, 2005
	SECURITY CAPITAL CORPORATION


	By:	/s/ William R. Schlueter
		Name:	William R. Schlueter
		Title:	Senior Vice President and
			Chief Financial Officer

SECURITY CAPITAL CORPORATION By: /s/ William R. Schlueter Name: William R. Schlueter Title: Senior Vice President and Chief Financial Officer

INDEX TO EXHIBITS

Exhibit No.		Description
99.1		Press Release of Security Capital Corporation, dated ~~July~~August 2816, 2005.

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