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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 kI9NMtIsMn9vHCa3Lm7ElA==

<SEC-DOCUMENT>0000930661-97-001749.txt : 19970721
<SEC-HEADER>0000930661-97-001749.hdr.sgml : 19970721
ACCESSION NUMBER:		0000930661-97-001749
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19970718
SROS:			AMEX

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GREENBRIAR CORP
		CENTRAL INDEX KEY:			0000105744
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-SKILLED NURSING CARE FACILITIES [8051]
		IRS NUMBER:				752399477
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-28525
		FILM NUMBER:		97642710

	BUSINESS ADDRESS:	
		STREET 1:		4265 KELLWAY CIRCLE
		CITY:			ADDISON
		STATE:			TX
		ZIP:			75244
		BUSINESS PHONE:		2144078400

	MAIL ADDRESS:	
		STREET 1:		4265 KELLWAY CIRCLE
		CITY:			ADDISON
		STATE:			TX
		ZIP:			75244

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MEDICAL RESOURCE COMPANIES OF AMERICA
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WESPAC INVESTORS TRUST
		DATE OF NAME CHANGE:	19900605
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<DESCRIPTION>PROSPECTUS SUPPLEMENT
<TEXT>

<PAGE>
 
                                                Filed pursuant to Rule 424(b)(2)
                                                SEC File No. 333-28525


                 SUPPLEMENT TO PROSPECTUS DATED JUNE 24, 1997



                            GREENBRIAR CORPORATION
                       4,000,000 SHARES OF COMMON STOCK
                                $0.01 PAR VALUE



        This Supplement relates to the Prospectus dated June 24, 1997 (the
"Prospectus") covering an offering of 4,000,000 shares of common stock, $.01 par
value (the "Common Stock"), of Greenbriar Corporation ("Greenbriar"). In the
event there shall be any inconsistencies between the terms of this Supplement
and the terms of the Prospectus, the terms of this Supplement shall control.
Capitalized terms not otherwise defined herein shall have the same meaning as
set forth in the Prospectus.


Selling Stockholders
- --------------------

        The 45,500 shares of common stock listed below and covered by this
prospectus were issued to the Selling Stockholder named below in July 1997 in
connection with an acquisition by Greenbriar.

        The following table sets forth the names of the Selling Stockholders,
together with the maximum number of shares of Common Stock that may be offered
and sold by use of this Prospectus. The number of shares set forth below include
all of the shares of Common Stock received in July 1997 by the person indicated.

Selling Stockholder                             Number of Shares
- -------------------                             ----------------
The Robinson-Humphrey Company, Inc.             45,500


                 The date of this Supplement is July 18, 1997
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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