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 POWER REIT (Exact Name of Registrant as Specified in Its Charter) Maryland (State or Other Jurisdiction of Incorporation) 333-177802 45-3116572 (Commission File Number) (I.R.S. Employer Identification No.) 55 Edison Avenue, West Babylon, New York 11704 (Address of Principal Executive Offices) (Zip Code) (212) 750-0373 (Registrant's Telephone Number, Including Area Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFT|R 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) SECTION 5: CORPORATE GOVERNANCE AND MANAGEMENT Item 5.07 Submission of Matters to a Vote of Shareholders Power REIT's (the "Trust") 2012 Annual Meeting of shareholders was held on May 24, 2012, at which time the shareholders elected the Trust's nominees (David H. Lesser, Virgil E. Wenger, William S. Susman and Patrick R. Haynes, III), ratified the Trust's independent audit firm and approved the Trust's 2012 Equity Incentive Plan. The results were certified by American Election Services, LLC, the annual meeting's Independent Inspector of Elections, as follows: 1) The election of the following trustees to serve until the Trust's next annual meeting: FOR WITHHELD David. H. Lesser 582,714 17,406 Virgil E. Wenger 576,125 23,995 William S. Susman 581,762 18,358 Patrick R. Haynes, III 564,921 35,199 2) The ratification of Gibbons & Kawash, A.C. ("GK") as the Trust's independent audit firm for 2012. FOR AGAINST ABSTAIN Ratification of GK 587,946 8,229 3,946 2) The approval of Power REIT's 2012 Equity Incentive Plan ("Plan"). FOR AGAINST ABSTAIN Approval of Plan 499,543 90,377 10,200 SECTION 8: OTHER EVENTS Item 8.01 On May 29, 2012, the Trust released a press release announcing the results of its 2012 Annual Meeting. A copy of the press release is attached to this report as Exhibit 99.1 and incorporated herein by reference. SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release of Power REIT dated May 29, 2012 SIGNATURE 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: May 29, 2012 POWER REIT By: /s/ David H. Lesser Name: David H. Lesser Title: CEO and Chairman