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<TITLE>Correctional Properties Trust</TITLE>
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<P align="center" style="font-size: 10pt"><B>As filed with the Securities and Exchange Commission on November&nbsp;15, 2004</B>



<DIV align="right" style="font-size: 10pt"><B>Registration
No.&nbsp;333-</B></DIV>



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<DIV align="center" style="font-size: 12pt"><B>UNITED STATES</B></DIV>

<DIV align="center" style="font-size: 12pt"><B>SECURITIES AND
EXCHANGE COMMISSION</B></DIV>

<DIV align="center" style="font-size: 11pt"><B>Washington, DC 20549</B>
</DIV>

<P align="center" style="font-size: 16pt"><B>FORM S-8</B>

<DIV align="center" style="font-size: 10pt"><B>REGISTRATION STATEMENT</B></DIV>


<DIV align="center" style="font-size: 10pt"><B>UNDER</B></DIV>


<DIV align="center" style="font-size: 10pt"><B>THE SECURITIES ACT OF 1933</B></DIV>



<P align="center" style="font-size: 10pt"><HR align="center" size="1" noshade width="25%">


<P align="center" style="font-size: 20pt"><B>CORRECTIONAL PROPERTIES TRUST<BR>
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<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
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    <TD align="center" valign="top"><B>Maryland</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>65-0823232</B></TD>
</TR>

<TR style="font-size: 1px">
    <TD align="center" valign="top"><HR size="1" noshade>&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><HR size="1" noshade>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of<BR>
incorporation or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer<BR>
Identification Number)</TD>
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<P align="center" style="font-size: 10pt"><B>3300 PGA Boulevard, Suite&nbsp;750<BR>
Palm Beach Gardens, Florida 33410</B><BR>
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<DIV align="center" style="font-size: 10pt">(Address of Principal Executive Offices<B>)</B></DIV>



<P align="center" style="font-size: 10pt"><B>Correctional Properties Trust 2002 Stock Option Plan</B><BR>
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<DIV align="center" style="font-size: 10pt">(Full title of the Plans)</DIV>



<P align="center" style="font-size: 10pt"><HR align="center" size="1" noshade width="25%">



<P align="center" style="font-size: 10pt"><B>Charles R. Jones<BR>
President and Chief Executive Officer<BR>
3300 PGA Boulevard, Suite&nbsp;750<BR>
Palm Beach Gardens, Florida 33410</B><BR>
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<DIV align="center" style="font-size: 10pt">(Name and address of agent for service)</DIV>



<P align="center" style="font-size: 10pt"><B>(561)&nbsp;630-6336</B><BR>
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<DIV align="center" style="font-size: 10pt">Telephone number, including area code, of agent for service</DIV>



<P align="center" style="font-size: 10pt"><B>Copies to:</B>


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    <TD align="center" valign="top"><B>Morris Brown, Esq.<BR>
Greenberg Traurig, P.A.<BR>
777 South Flagler Drive<BR>
West Palm Beach, Florida 33401<BR>
(561)&nbsp;650-7900</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>Jaret L. Davis, Esq.<BR>
Greenberg Traurig, P.A.<BR>
1221 Brickell Avenue<BR>
Miami, Florida 33131<BR>
(305)&nbsp;579-0500</B></TD>
</TR>

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</DIV>



<DIV align="center" style="font-size: 10pt"><B>CALCULATION OF
REGISTRATION FEE</B></DIV>

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    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
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    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
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<TR style="font-size: 7pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed number of</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>&nbsp;</B></TD>
</TR>
<TR style="font-size: 7pt" valign="bottom">
    <TD nowrap align="left"><B>Title of securities</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>shares to be</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>offering price</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>maximum aggregate</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Amount of</B></TD>
</TR>
<TR style="font-size: 7pt" valign="bottom">
    <TD nowrap align="left"><B>to be registered</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>registered(1)</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>per share</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>offering price</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Registration fee</B><HR size="1" noshade></TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Common Shares of
Beneficial
Interest, $0.001
par value
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="bottom">200,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="bottom">(2</TD>
    <TD nowrap valign="bottom">)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="bottom">$</TD>
    <TD align="right" valign="bottom">5,267,518.75</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="bottom">$</TD>
    <TD align="right" valign="bottom">667.40</TD>
    <TD nowrap valign="top">&nbsp;</TD>
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    <TD width="1%" nowrap align="right">(1)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Pursuant to Rule&nbsp;416 of the Securities Act of 1933, as amended (the
&#147;Securities Act&#148;), this registration statement shall also cover any
additional common shares which become issuable under the Correctional
Properties 2002 Stock Option Plan (the &#147;Plan&#148;) or by reason of any stock
dividend, stock split, recapitalization or other similar transaction
effected without the receipt of consideration which results in an increase
in the number of our outstanding common shares.</TD>
</TR>


<TR valign="top">
    <TD width="1%" nowrap align="right">(2)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Estimated solely for the purpose of calculating the registration fee in
accordance with Rule 457(h) of the Securities Act on the basis of: (i)
the exercise price of $20.93 with respect to options to purchase an
aggregate of 53,750 common shares of the Registrant under the Plan and
(ii)&nbsp;the average of the high and low price of a common share of Common
Stock as reported by the New York Stock Exchange on November&nbsp;10, 2004 with
respect to options to purchase an aggregate of 146,250 shares of common
stock of the Registrant under the Plan.</TD>
</TR>

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<DIV align="center" style="font-size: 10pt">&nbsp;
</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">







<P align="center" style="font-size: 10pt"><B>PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information specified by Items 1 and 2 of Part&nbsp;I of Form S-8 is
omitted from this filing in accordance with the provisions of Rule&nbsp;428 of the
Securities Act of 1933, as amended (the &#147;Securities Act&#148;), and the introductory
Note to Part&nbsp;I of Form S-8.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The documents containing the information specified in Part&nbsp;I of Form S-8
will be sent or given to participating employees as specified by Rule 428(b) of
the Securities Act. Such documents and the documents incorporated by reference
herein pursuant to Item&nbsp;3 of Part&nbsp;II hereof, taken together, constitute a
prospectus that meets the requirements of Section 10(a) of the Securities Act.


<P align="center" style="font-size: 10pt"><B>PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>



<P align="left" style="font-size: 10pt"><B>Item&nbsp;3. Incorporation of Documents by Reference.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents, which have been filed with the Securities and
Exchange Commission, are hereby incorporated by reference into this
registration statement:


<P>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Our Annual Report on Form 10-K for the fiscal year ended
December&nbsp;31, 2003, filed on March&nbsp;15, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All of our other reports filed pursuant to Section&nbsp;13(a), 14
or 15(d) of the Securities Exchange Act of 1934, as amended (the
&#147;Exchange Act&#148;) since the end of our most recent fiscal year ended
December&nbsp;31, 2003;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The description of our common stock contained in our
Registration Statement on Form S-11 (Registration No.&nbsp;333-46681) as
filed with the Securities and Exchange Commission on February&nbsp;20,
1998 and any amendments to such Registration Statement filed
subsequently thereto, including all amendments or reports filed for
the purpose of updating such description; and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Our Form 8-A (File No.&nbsp;1-14031) filed with the Securities and
Exchange Commission on April&nbsp;14, 1998.</TD>
</TR>

</TABLE>

<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, all documents subsequently filed by the Registrant pursuant
to Sections&nbsp;13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing
of a post-effective amendment which indicates that all securities offered have
been sold or which deregisters all securities then remaining unsold, will be
deemed to be incorporated herein by reference and to be a part of this
registration statement from the date of filing of such documents. Any
statement contained in a document incorporated herein by reference will be
deemed to be modified or superseded for purposes of this registration statement
to the extent that a statement contained herein, or in a subsequently filed
document incorporated herein by reference, modifies or supersedes the
statement. Any statement modified or superseded will not be deemed, except as
modified or superseded, to constitute a part of this registration statement.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;4. Description of Securities.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;6. Indemnification of Directors and Officers.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Maryland REIT Law permits a Maryland real estate investment trust to
include in its Declaration of Trust a provision limiting the liability of its
trustees and officers to the trust and its shareholders for money damages
except for liability resulting from (a)&nbsp;actual receipt of an improper benefit
or profit in money, property or services or


<P align="center" style="font-size: 10pt">2
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<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="left" style="font-size: 10pt">(b)&nbsp;active and deliberate dishonesty established by a final judgment as
being material to the cause of action. The Articles of Amendment and
Restatement of Declaration of Trust (the &#147;Declaration of Trust&#148;) of the
Registrant contain such a provision which eliminates such liability to the
maximum extent permitted by Maryland law.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Declaration of Trust of the Registrant obligates it, to the fullest
extent permitted by Maryland law, to indemnify and advance expenses to any
trustee or officer of the Registrant. The Bylaws of the Registrant obligate it,
to the maximum extent permitted by Maryland law, (a)&nbsp;to indemnify (i)&nbsp;any
present or former trustee or officer of the Registrant (including among the
foregoing, for all purposes of this Item&nbsp;6 and without limitation, any
individual who, while a trustee or officer of the Registrant and at the express
request of the Registrant, serves or has served another corporation,
partnership, joint venture, trust, employee benefit plan or other enterprise as
a director, officer, partner or trustee of such corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise) who has been
successful, on the merits or otherwise, in the defense of a proceeding to which
he was made a party by reason of service in such capacity, against reasonable
expenses incurred by him in connection with the proceeding, and (ii)&nbsp;any
present or former trustee or officer of the Registrant against any claim or
liability to which he may become subject by reason of such status unless it is
established that (x)&nbsp;his act or omission was material to the matter giving rise
to the proceeding and was committed in bad faith or was the result of active
and deliberate dishonesty, (y)&nbsp;he actually received an improper personal
benefit in money, property or services or (z)&nbsp;in the case of a criminal
proceeding, he had reasonable cause to believe that his act or omission was
unlawful and (b)&nbsp;to pay or reimburse reasonable expenses in advance of final
disposition of a proceeding to any present or former trustee or officer of the
Registrant who is made a party to the proceeding by reason of such status,
provided that the Registrant has received (i)&nbsp;a written affirmation by the
Trustee or officer of his good faith belief that he has met the applicable
standard of conduct necessary for indemnification by the Registrant as
authorized by the Bylaws and (ii)&nbsp;a written undertaking by him or on his behalf
to repay the amount paid or reimbursed by the Registrant if it shall ultimately
be determined that the applicable standard of conduct was not met. The
Declaration of Trust and Bylaws also permit the Registrant to indemnify and
advance expenses to any person who served a predecessor of the Registrant in
any of the capacities described above and to any employee or agent of the
Registrant or a predecessor of the Registrant.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Maryland REIT Law permits a Maryland real estate investment trust to
indemnify and advance expenses to its trustees, officers, employees and agents
to the same extent as permitted by the Maryland General Corporation Law (the
&#147;MGCL&#148;) for directors and officers of Maryland corporations. The MGCL permits a
corporation to indemnify its present and former directors and officers, among
others, against judgments, penalties, fines, settlements and reasonable
expenses actually incurred by them in connection with any proceeding to which
they may be made a party by reason of their service in those or other
capacities unless it is established that (a)&nbsp;the act or omission of the
director or officer was material to the matter giving rise to the proceeding
and (i)&nbsp;was committed in bad faith or (ii)&nbsp;was the result of active and
deliberate dishonesty, (b)&nbsp;the director or officer actually received an
improper personal benefit in money, property or services or (c)&nbsp;in the case of
any criminal proceeding, the director or officer had reasonable cause to
believe that the act or omission was unlawful. However, a Maryland corporation
may not indemnify for an adverse judgment in a suit by or in the right of the
corporation. The MGCL requires a corporation, as a condition to advancing
expenses, to obtain (a)&nbsp;a written affirmation by the trustee or officer of his
good faith belief that he has met the standard of conduct necessary for
indemnification by the corporation as authorized by the MGCL and (b)&nbsp;a written
undertaking by him or on his behalf to repay the amount paid or reimbursed by
the corporation if it shall ultimately be determined that the standard of
conduct was not met.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;8. Exhibits</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See &#147;Exhibit&nbsp;Index&#148; on page II-1 below.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;9. Undertakings</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned registrant hereby undertakes:



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:


<P align="center" style="font-size: 10pt">3
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<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section&nbsp;10(a)(3) of the
Securities Act of 1933 (the &#147;Securities Act&#148;);



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a
fundamental change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent more than a 20&nbsp;percent change in the
maximum aggregate offering price set forth in the &#147;Calculation of Registration
Fee&#148; table in the effective registration statement;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply
if the information required to be included in a post-effective amendment by
those paragraphs is contained in periodic reports filed with or furnished to
the Commission by the Registrant pursuant to Section&nbsp;13 or 15(d) of the
Exchange Act that are incorporated by reference in this registration statement.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial <I>bona
fide </I>offering thereof.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
registrant&#146;s annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act that is incorporated by reference in the registration statement
shall be deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall be
deemed to be the initial bona fide offering thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and controlling persons
of the registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.


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<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Palm Beach, State of Florida on this 12th day of
November, 2004.


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<TR>
    <TD valign="top">&nbsp;</TD>
    <TD colspan="3"><B>CORRECTIONAL PROPERTIES TRUST</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD>&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000">/s/ Charles R. Jones
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2">Charles R. Jones&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2">President, Chief Executive Officer
and Trustee&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each person whose signature appears below hereby appoints Charles R. Jones
his true and lawful attorney-in-fact with Mr.&nbsp;Jones having the authority to
execute in the name of each such person, and to file with the Securities and
Exchange Commission, together with any exhibits thereto and other documents
therewith, any and all amendments (including without limitation post-effective
amendments) to this registration statement necessary or advisable to enable the
registrant to comply with the Securities Act of 1933, as amended, and any
rules, regulations and requirements of the Securities and Exchange Commission
in respect thereof, which amendments may make such other changes in the
registration statement as the aforesaid attorney-in-fact executing the same
deems appropriate. Pursuant to the requirements of the Act, this registration
statement has been signed below by the following persons in the capacities and
on the dates indicated.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="29%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Signature</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Title</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Date</B><HR size="1" noshade></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Robert R. Veach, Jr.<BR>
<HR size="1" noshade>
Robert R. Veach, Jr.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chairman of the Board
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">November 12, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Richard R. Wackenhut<BR>
<HR size="1" noshade>
Richard R. Wackenhut</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Vice-Chairman of the Board
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">November 12, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Anthony P. Travisono<BR>
<HR size="1" noshade>
Anthony P. Travisono</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Trustee
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">November 12, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Clarence E. Anthony<BR>
<HR size="1" noshade>
Clarence E. Anthony</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Trustee
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">November 12, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ James D. Motta<BR>
<HR size="1" noshade>
James D. Motta</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Trustee
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">November 12, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ William M. Murphy<BR>
<HR size="1" noshade>
William M. Murphy</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Trustee
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">November 12, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Donna Arduin<BR>
<HR size="1" noshade>
Donna Arduin</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Trustee
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">November 12, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ David J. Obernesser<BR>
<HR size="1" noshade>
David J. Obernesser</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Vice President, Chief Financial Officer,<BR>
Secretary, Treasurer and Chief Accounting<BR>
Officer
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">November 12, 2004</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">5
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="85%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="89%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>&nbsp;</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Number</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Description</B><HR size="1" noshade></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Correctional Properties Trust 2002 Stock Option Plan</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Greenberg Traurig, P.A.</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Ernst &#038; Young LLP</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Greenberg Traurig, P.A. (contained in its opinion filed as Exhibit&nbsp;5.1
hereto)</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (contained on the signature pages of this Registration Statement)</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">6
</DIV>

</BODY>
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Correctional Properties Trust
As filed with the Securities and Exchange Commission on November 15, 2004
Registration
No. 333-
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, DC 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
CORRECTIONAL PROPERTIES TRUST
(Exact name of registrant as specified in its charter)
Maryland
65-0823232
(State or other jurisdiction of
incorporation or organization)
(IRS Employer
Identification Number)
3300 PGA Boulevard, Suite 750
Palm Beach Gardens, Florida 33410
(Address of Principal Executive Offices
)
Correctional Properties Trust 2002 Stock Option Plan
(Full title of the Plans)
Charles R. Jones
President and Chief Executive Officer
3300 PGA Boulevard, Suite 750
Palm Beach Gardens, Florida 33410
(Name and address of agent for service)
(561) 630-6336
Telephone number, including area code, of agent for service
Copies to:
Morris Brown, Esq.
Greenberg Traurig, P.A.
777 South Flagler Drive
West Palm Beach, Florida 33401
(561) 650-7900
Jaret L. Davis, Esq.
Greenberg Traurig, P.A.
1221 Brickell Avenue
Miami, Florida 33131
(305) 579-0500
CALCULATION OF
REGISTRATION FEE
Proposed number of
Proposed maximum
Proposed
Title of securities
shares to be
offering price
maximum aggregate
Amount of
to be registered
registered(1)
per share
offering price
Registration fee
Common Shares of
Beneficial
Interest, $0.001
par value
200,000
(2
)
$
5,267,518.75
$
667.40
(1)
Pursuant to Rule 416 of the Securities Act of 1933, as amended (the
"Securities Act"), this registration statement shall also cover any
additional common shares which become issuable under the Correctional
Properties 2002 Stock Option Plan (the "Plan") or by reason of any stock
dividend, stock split, recapitalization or other similar transaction
effected without the receipt of consideration which results in an increase
in the number of our outstanding common shares.
(2)
Estimated solely for the purpose of calculating the registration fee in
accordance with Rule 457(h) of the Securities Act on the basis of: (i)
the exercise price of $20.93 with respect to options to purchase an
aggregate of 53,750 common shares of the Registrant under the Plan and
(ii) the average of the high and low price of a common share of Common
Stock as reported by the New York Stock Exchange on November 10, 2004 with
respect to options to purchase an aggregate of 146,250 shares of common
stock of the Registrant under the Plan.
PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information specified by Items 1 and 2 of Part I of Form S-8 is
omitted from this filing in accordance with the provisions of Rule 428 of the
Securities Act of 1933, as amended (the "Securities Act"), and the introductory
Note to Part I of Form S-8.
The documents containing the information specified in Part I of Form S-8
will be sent or given to participating employees as specified by Rule 428(b) of
the Securities Act. Such documents and the documents incorporated by reference
herein pursuant to Item 3 of Part II hereof, taken together, constitute a
prospectus that meets the requirements of Section 10(a) of the Securities Act.
PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents, which have been filed with the Securities and
Exchange Commission, are hereby incorporated by reference into this
registration statement:
(a)
Our Annual Report on Form 10-K for the fiscal year ended
December 31, 2003, filed on March 15, 2004;
(b)
All of our other reports filed pursuant to Section 13(a), 14
or 15(d) of the Securities Exchange Act of 1934, as amended (the
"Exchange Act") since the end of our most recent fiscal year ended
December 31, 2003;
(c)
The description of our common stock contained in our
Registration Statement on Form S-11 (Registration No. 333-46681) as
filed with the Securities and Exchange Commission on February 20,
1998 and any amendments to such Registration Statement filed
subsequently thereto, including all amendments or reports filed for
the purpose of updating such description; and
(d)
Our Form 8-A (File No. 1-14031) filed with the Securities and
Exchange Commission on April 14, 1998.
In addition, all documents subsequently filed by the Registrant pursuant
to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing
of a post-effective amendment which indicates that all securities offered have
been sold or which deregisters all securities then remaining unsold, will be
deemed to be incorporated herein by reference and to be a part of this
registration statement from the date of filing of such documents. Any
statement contained in a document incorporated herein by reference will be
deemed to be modified or superseded for purposes of this registration statement
to the extent that a statement contained herein, or in a subsequently filed
document incorporated herein by reference, modifies or supersedes the
statement. Any statement modified or superseded will not be deemed, except as
modified or superseded, to constitute a part of this registration statement.
Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
Not applicable.
Item 6. Indemnification of Directors and Officers.
The Maryland REIT Law permits a Maryland real estate investment trust to
include in its Declaration of Trust a provision limiting the liability of its
trustees and officers to the trust and its shareholders for money damages
except for liability resulting from (a) actual receipt of an improper benefit
or profit in money, property or services or
2
(b) active and deliberate dishonesty established by a final judgment as
being material to the cause of action. The Articles of Amendment and
Restatement of Declaration of Trust (the "Declaration of Trust") of the
Registrant contain such a provision which eliminates such liability to the
maximum extent permitted by Maryland law.
The
Declaration of Trust of the Registrant obligates it, to the fullest
extent permitted by Maryland law, to indemnify and advance expenses to any
trustee or officer of the Registrant. The Bylaws of the Registrant obligate it,
to the maximum extent permitted by Maryland law, (a) to indemnify (i) any
present or former trustee or officer of the Registrant (including among the
foregoing, for all purposes of this Item 6 and without limitation, any
individual who, while a trustee or officer of the Registrant and at the express
request of the Registrant, serves or has served another corporation,
partnership, joint venture, trust, employee benefit plan or other enterprise as
a director, officer, partner or trustee of such corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise) who has been
successful, on the merits or otherwise, in the defense of a proceeding to which
he was made a party by reason of service in such capacity, against reasonable
expenses incurred by him in connection with the proceeding, and (ii) any
present or former trustee or officer of the Registrant against any claim or
liability to which he may become subject by reason of such status unless it is
established that (x) his act or omission was material to the matter giving rise
to the proceeding and was committed in bad faith or was the result of active
and deliberate dishonesty, (y) he actually received an improper personal
benefit in money, property or services or (z) in the case of a criminal
proceeding, he had reasonable cause to believe that his act or omission was
unlawful and (b) to pay or reimburse reasonable expenses in advance of final
disposition of a proceeding to any present or former trustee or officer of the
Registrant who is made a party to the proceeding by reason of such status,
provided that the Registrant has received (i) a written affirmation by the
Trustee or officer of his good faith belief that he has met the applicable
standard of conduct necessary for indemnification by the Registrant as
authorized by the Bylaws and (ii) a written undertaking by him or on his behalf
to repay the amount paid or reimbursed by the Registrant if it shall ultimately
be determined that the applicable standard of conduct was not met. The
Declaration of Trust and Bylaws also permit the Registrant to indemnify and
advance expenses to any person who served a predecessor of the Registrant in
any of the capacities described above and to any employee or agent of the
Registrant or a predecessor of the Registrant.
The Maryland REIT Law permits a Maryland real estate investment trust to
indemnify and advance expenses to its trustees, officers, employees and agents
to the same extent as permitted by the Maryland General Corporation Law (the
"MGCL") for directors and officers of Maryland corporations. The MGCL permits a
corporation to indemnify its present and former directors and officers, among
others, against judgments, penalties, fines, settlements and reasonable
expenses actually incurred by them in connection with any proceeding to which
they may be made a party by reason of their service in those or other
capacities unless it is established that (a) the act or omission of the
director or officer was material to the matter giving rise to the proceeding
and (i) was committed in bad faith or (ii) was the result of active and
deliberate dishonesty, (b) the director or officer actually received an
improper personal benefit in money, property or services or (c) in the case of
any criminal proceeding, the director or officer had reasonable cause to
believe that the act or omission was unlawful. However, a Maryland corporation
may not indemnify for an adverse judgment in a suit by or in the right of the
corporation. The MGCL requires a corporation, as a condition to advancing
expenses, to obtain (a) a written affirmation by the trustee or officer of his
good faith belief that he has met the standard of conduct necessary for
indemnification by the corporation as authorized by the MGCL and (b) a written
undertaking by him or on his behalf to repay the amount paid or reimbursed by
the corporation if it shall ultimately be determined that the standard of
conduct was not met.
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits
See "Exhibit Index" on page II-1 below.
Item 9. Undertakings
(a) The undersigned registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
3
(i) To include any prospectus required by Section 10(a)(3) of the
Securities Act of 1933 (the "Securities Act");
(ii) To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a
fundamental change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent more than a 20 percent change in the
maximum aggregate offering price set forth in the "Calculation of Registration
Fee" table in the effective registration statement;
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement;
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply
if the information required to be included in a post-effective amendment by
those paragraphs is contained in periodic reports filed with or furnished to
the Commission by the Registrant pursuant to Section 13 or 15(d) of the
Exchange Act that are incorporated by reference in this registration statement.
(2) That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial
bona
fide
offering thereof.
(3) To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.
(b) The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act that is incorporated by reference in the registration statement
shall be deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall be
deemed to be the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and controlling persons
of the registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.
4
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Palm Beach, State of Florida on this 12th day of
November, 2004.
CORRECTIONAL PROPERTIES TRUST
By:
/s/ Charles R. Jones
Charles R. Jones
President, Chief Executive Officer
and Trustee
Each person whose signature appears below hereby appoints Charles R. Jones
his true and lawful attorney-in-fact with Mr. Jones having the authority to
execute in the name of each such person, and to file with the Securities and
Exchange Commission, together with any exhibits thereto and other documents
therewith, any and all amendments (including without limitation post-effective
amendments) to this registration statement necessary or advisable to enable the
registrant to comply with the Securities Act of 1933, as amended, and any
rules, regulations and requirements of the Securities and Exchange Commission
in respect thereof, which amendments may make such other changes in the
registration statement as the aforesaid attorney-in-fact executing the same
deems appropriate. Pursuant to the requirements of the Act, this registration
statement has been signed below by the following persons in the capacities and
on the dates indicated.
Signature
Title
Date
/s/ Robert R. Veach, Jr.
Robert R. Veach, Jr.
Chairman of the Board
November 12, 2004
/s/ Richard R. Wackenhut
Richard R. Wackenhut
Vice-Chairman of the Board
November 12, 2004
/s/ Anthony P. Travisono
Anthony P. Travisono
Trustee
November 12, 2004
/s/ Clarence E. Anthony
Clarence E. Anthony
Trustee
November 12, 2004
/s/ James D. Motta
James D. Motta
Trustee
November 12, 2004
/s/ William M. Murphy
William M. Murphy
Trustee
November 12, 2004
/s/ Donna Arduin
Donna Arduin
Trustee
November 12, 2004
/s/ David J. Obernesser
David J. Obernesser
Vice President, Chief Financial Officer,
Secretary, Treasurer and Chief Accounting
Officer
November 12, 2004
5
EXHIBIT INDEX
Exhibit
Number
Description
4.1
Correctional Properties Trust 2002 Stock Option Plan
5.1
Opinion of Greenberg Traurig, P.A.
23.1
Consent of Ernst & Young LLP
23.2
Consent of Greenberg Traurig, P.A. (contained in its opinion filed as Exhibit 5.1
hereto)
24.1
Power of Attorney (contained on the signature pages of this Registration Statement)
6