H 0323 + 022 - A new BL Lacertae object with extremely rapid variability

Results of a multiband, multiepoch series of observations are reported, demonstrating beyond reasonable doubt that H 0323 + 022 is a remarkably variable BL Lac object. The optical nebulosity around the stellar object is confirmed, the stellar optical radiation is polarized, the radio characteristics and the overall electromagnetic spectrum resemble those of other BL Lac objects. Variability is seen in all bands, including radio and broad-band optical variations in days, optical polarization changes on time scales of tens of minutes, and X-ray changes on time scales of about 30 s. H 0323 + 022 is an active galactic nucleus with much of the observed emission emerging from a region less than about 10 to the 12th to 10 to the 14th cm in size.