	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
	(Date of Report (Date of Earliest Event Reported)): August 28, 2003
	CORNERSTONE PROPANE PARTNERS, L.P. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware (State or other jurisdiction of incorporation)			1-12499 (Commission File Number)	77-0439862 (IRS Employer Identification No.)
		432 Westridge Drive, Watsonville, CA 95076 (Address of Principal Executive Offices, including Zip Code)
		(831) 724-1921 (Registrant’s Telephone Number, Including Area Code)
		N/A (Former Name or Former Address, if Changed Since Last Report)

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

Date of report: October 10, 2003

CORNERSTONE PROPANE PARTNERS, L.P
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

Delaware	1-12499	77-0439862
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

432 Westridge Drive, Watsonville, CA 95076
(Address of Principal Executive Offices, including Zip Code)

(831) 724-1921
(Registrant’s Telephone Number, Including Area Code)

N/A
(Former Name or Former Address, if Changed Since Last Report)

Item 5. Other Events

~~Cornerstone~~ CornerStone Propane Partners, L.P. (the “Partnership”) has received notice a(the “~~Wells~~Notice ~~notice~~of Acceleration”) from ~~the~~ ~~Securities~~holders ~~and Exchange Commission~~ (the “~~Commission~~Holders”) ~~indicating~~of ~~that the~~a ~~staff~~majority ofin ~~the~~outstanding ~~Commission~~principal ~~intends~~amount tothe ~~recommend~~10.26% ~~that~~Senior ~~the~~Notes ~~Commission~~due ~~institute~~June 30, ~~administrative~~2009 ~~proceedings against~~ (the ~~Partnership~~“Notes”) ~~alleging~~issued ~~that~~pursuant ~~the Partnership~~to ~~violated~~certain ~~Section~~Note ~~13(a)~~Agreements, ofeach ~~the~~dated ~~Securities~~as ~~Exchange Act~~ of June ~~1934~~25, 1999 (as amended, ~~(the~~restated ~~“Exchange~~or ~~Act”~~supplemented from time to time), by and among ~~Rules~~the ~~12b-20~~Partnership, ~~13a-1~~CornerStone ~~and~~Propane ~~13a-13~~GP, ~~promulgated thereunder~~Inc. ~~Such~~, ~~administrative~~as ~~proceedings~~general partner of the ~~include~~Partnership, anSYN, ~~order~~Inc., ~~revoking~~as ~~the~~general ~~registration~~partner of the Partnership’s ~~Common~~and ~~Units~~the ~~representing~~respective ~~limited~~purchasers ~~partner~~of ~~interests~~the inNotes. The Notice of Acceleration notifies the Partnership ~~(the~~that ~~“Units”)~~it ~~under~~has defaulted in ~~the~~certain ~~Exchange~~payments ~~Act. Other~~due ~~possible remedies~~to the ~~Commission~~Holders ~~may~~of ~~determine~~the ~~appropriate~~Notes ~~include~~which adefaults ~~cease~~have continued beyond any applicable grace periods and ~~desist order,~~declares ~~injunctive~~all ~~proceeding,~~unpaid principal and~~/or~~ accrued ainterest ~~trading~~on ~~suspension~~the Notes together with any applicable “make whole amount” immediately due and payable.

~~The recommended~~In ~~action~~addition, ~~will be based in whole or in part on~~ the ~~Partnership’s failure~~Holders tohave ~~timely~~also ~~file~~sent ~~annual~~a ~~and~~demand, ~~quarterly~~together ~~reports~~ with ~~the~~a ~~Commission~~copy of ~~for~~ the ~~year~~ ~~ended~~Notice ~~June~~of 30Acceleration, ~~2002~~to ~~and~~CornerStone ~~the~~Propane ~~quarters ended September 30~~GP, ~~2002~~Inc., ~~December 31,~~as ~~2002, and March 31, 2003. The~~general ~~action~~partner ~~would~~of ~~also be based on~~ the Partnership’s ~~failure to restate earlier filings for the years ending June 30, 2000~~ and ~~June 30~~SYN, ~~2001~~Inc., ~~and~~as ~~the~~special ~~interim periods~~general ~~therein~~partner asof ~~described in~~ the Partnership’s, ~~current~~for ~~report~~immediate onand ~~Form~~full ~~8-K dated~~payment ~~February~~of ~~10,~~the ~~2003~~Notes.

The revocation of the registration of the Units under the Exchange Act may ultimately make certain provisions of the Exchange Act no longer applicable to the Units, including, among other things, the requirement to file quarterly and annual reports with the Commission. As a result holders of the Units may experience an increased illiquidity in any trading market for the Units.

As previously disclosed, the Partnership is seeking bidders for its assets. Based on the indications of interest the Partnership has received to date, the Partnership’s management believes that it is unlikely the holders of the Partnership’s Units will receive any distributions as a result of the sale of its assets, and any subsequent liquidation or restructuring of the Partnership’s operations.

The Partnership intends to cooperate fully with the Commission in any deregistration of the Units.

Certain statements set forth above are forward-looking statements within the meaning of the Exchange Act. Such statements are based upon management’s current estimates, assumptions and expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described herein.

SIGNATURES

According 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.

	~~CornerStone Propane Partners, L.P.~~	CornerStone Propane Partners, L.P.
	~~/s/ Curtis G. Solsvig III~~	/s/ Curtis G. Solsvig III
Date: August 28, 2003	Curtis G. Solsvig III
Date: October 10, 2003		By: Curtis G. Solsvig III
	~~Its: Chief Executive Officer~~	Its: Chief Executive Officer

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