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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 acknowledgement is desired,
file this form with the Commission in triplicate.)
REPORT FOR CALENDAR MONTH ENDING May 2002
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Franklin Capital Corporation
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(Name of registered closed-end investment company)
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Approximate Asset
Date of Number of Price Value or approximate Name of Seller
Each Identification Shares Per Asset Coverage Per Share or of
Transaction of Security Purchased Share at Time of Purchase Seller's Broker
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May 15, Franklin Capital 4,800 3.50 $0.94 Ladenburg, Thalmann
2002 Corporation
Common Stock
May 22, Franklin Capital 1,000 3.62 $0.94 Ladenburg, Thalmann
2002 Corporation
Common Stock
May 24, Franklin Capital 1,000 3.50 $0.94 Ladenburg, Thalmann
2002 Corporation
Common Stock
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REMARKS
Franklin Capital Corporation
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Name of Registrant
By /s/ Hiram M. Lazar
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(Name)
Date of Statement: June 7, 2002 Chief Financial Officer
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(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 CURRENTLY VALID OMB CONTROL NUMBER
SEC 1580 (5-97)