SECURITIES AND EXCHANGE COMMISSION

                           Washington, D. C.  20549

                                   FORM 8-K

                                CURRENT REPORT

                      Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934

                       Date of Report:  December 5, 1996



                         Seafield Capital Corporation             
            ------------------------------------------------------
            (Exact name of registrant as specified in its charter)

       Missouri                   0-16946                   43-1039532
     -----------------------------------------------------------------
     (State of other     (Commission File Number)        (IRS Employer
     jurisdiction of                                    Identification
     incorporation)                                         Number)


     2600 Grand Ave.  Suite 500
     P. O. Box 410949
     Kansas City,  MO                                        64141
     -----------------------------------------------------------------
     (Address of principal executive offices)              (Zip code)


                               (816)  842-7000           
     -----------------------------------------------------------------
            (Registrant's telephone number, including area code)







Item 5.     Other Events

On December 5, 1996, the Registrant announced that its 82% owned subsidiary, 
LabOne, Inc. (LabOne), has agreed to acquire selected assets, including
customer lists, of Gib Laboratories, Inc., a subsidiary of Prudential
Insurance Company of America.  The transaction is subject to approval by
Gib Laboratories' and Prudential's boards of directors.  Concurrently, 
Prudential's Individual Insurance Group ahs agreed to use LabOne as its
exclusive provider of risk assessment testing services.

Gib Laboratories, Inc., based out of New Providence, New Jersey, is the
fourth largest provider of risk assessment testing.
 













                                  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 officer.


                                           Seafield Capital Corporation



     Date:  December 16, 1996              By:  /s/  Steven K. Fitzwater
                                               ---------------------------
                                               Steven K. Fitzwater
                                               Vice President, Chief Accounting
                                               Officer and Secretary
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{"company-data": {"conformed-name": "SEAFIELD CAPITAL CORP", "cik": "0000830158", "assigned-sic": "8071", "irs-number": "431039532", "state-of-incorporation": "MO", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-16946", "film-number": "96681639"}, "business-address": {"street1": "2600 GRAND AVE STE 500", "street2": "P O BOX 410949", "city": "KANSAS CITY", "state": "MO", "zip": "64141", "phone": "8168427000"}, "mail-address": {"street1": "P.O. BOX 410949", "street2": "2600 GRAND AVENUE, SUITE 500", "city": "KANSAS CITY", "state": "MO", "zip": "64141"}, "former-company": [{"former-conformed-name": "BMA CORP /MO/", "date-changed": "19910520"}, {"former-conformed-name": "SEAFIELD CAPTIAL CORP", "date-changed": "19910520"}, {"former-conformed-name": "BMA PROPERTIES INC", "date-changed": "19880411"}]}
SECURITIES AND EXCHANGE COMMISSION

                           Washington, D. C.  20549

                                   FORM 8-K

                                CURRENT REPORT

                      Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934

                       Date of Report:  December 5, 1996

                         Seafield Capital Corporation             
            ------------------------------------------------------
            (Exact name of registrant as specified in its charter)

       Missouri                   0-16946                   43-1039532
     -----------------------------------------------------------------
     (State of other     (Commission File Number)        (IRS Employer
     jurisdiction of                                    Identification
     incorporation)                                         Number)

     2600 Grand Ave.  Suite 500
     P. O. Box 410949
     Kansas City,  MO                                        64141
     -----------------------------------------------------------------
     (Address of principal executive offices)              (Zip code)

                               (816)  842-7000           
     -----------------------------------------------------------------
            (Registrant's telephone number, including area code)

Item 5.     Other Events

On December 5, 1996, the Registrant announced that its 82% owned subsidiary, 
LabOne, Inc. (LabOne), has agreed to acquire selected assets, including
customer lists, of Gib Laboratories, Inc., a subsidiary of Prudential
Insurance Company of America.  The transaction is subject to approval by
Gib Laboratories' and Prudential's boards of directors.  Concurrently, 
Prudential's Individual Insurance Group ahs agreed to use LabOne as its
exclusive provider of risk assessment testing services.

Gib Laboratories, Inc., based out of New Providence, New Jersey, is the
fourth largest provider of risk assessment testing.
 

                                  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 officer.

                                           Seafield Capital Corporation

     Date:  December 16, 1996              By:  /s/  Steven K. Fitzwater
                                               ---------------------------
                                               Steven K. Fitzwater
                                               Vice President, Chief Accounting
                                               Officer and Secretary